HDB Pension Loan

⋆ Interest Rate 9.99% ⋆

Check Special Offers During COVID-19

      I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

      Why us?

      Rates as low as 9.99%*
      Loans Up to 30 Lacs
      Same Day Disbursal
      Doorstep Service
      Unbiased Experts Advice

      Table of Contents

      HDB Pension Loan

      HDB Pension Loan Features

      HDB Pension Loan Interest Rate  13%-13.90% p.a.
      HDB Pension Loan Processing Fee 1% of the loan amount
      HDB Pension Loan Tenure 36 months
      HDB Pension Loan Amount Minimum Rs 25,000
      HDB Pension Loan Amount Max Rs.20lakhs
      HDB Family Pension Loan Amount Minimum Rs 2lakhs
      HDB Family Pension Loan Amount Max. Rs. 10lakhs
      HDB prepayment 3% of the loan amount
      HDB foreclosure 3% of the loan amount

      HDB Pension Loan Eligibility

      Pensioner should draw his monthly pension from the branches of Bank and be able to save 60% of his pension after paying loan installments. 

      HDB Pension Loan Eligibility for Central and State Government Pensioners

      Age range The basis for arriving at quantum Maximum permissible loan (Amount in lakhs)
      Up to 65 years 18 times gross monthly pension routed through our Bank 10.00
      65 – 70 years  18 times gross monthly pension routed through our Bank 5.00
      Over 70 years 5 months gross pension being routed through our Bank 2.00

      HDB Pension Loan Eligibility For Defence Pensioners

      Age range The basis for arriving at quantum Maximum permissible loan (Amount in lakhs)
      Up to 65 years 18 times gross monthly pension routed through our Bank 10.00
      65 – 70 years  18 times gross monthly pension routed through our Bank 5.00
      Over 70 years 5 months gross pension being routed through our Bank 2.00

      HDB Pension Loan Eligibility For Family Pensioners

      Age range The basis for arriving at quantum Maximum permissible loan (Amount in lakhs)
      Up to 65 years 18 times gross monthly pension routed through our Bank 10.00
      65 – 70 years  18 times gross monthly pension routed through our Bank 5.00
      Over 70 years 5 months gross pension being routed through our Bank 2.00

      Maximum Eligible HDB Pension Loan Amount and repayments

      For Central and State Government Pensioners:

      Age Max Loan Amount (18 months Pension or Less) Repayment Period Age at the time of full Repayment
      Below 72 years ₹ 14.00 Lakh 60 months Up to 77 years
      72 – 74 years ₹ 12.00 Lakh 48 months Up to 78 years
      74 – 76 years ₹ 7.50 Lakh 24 months Up to 78 years

      For Defense Pensioners:

      Age Max Loan Amount (18 months Pension or Less) Repayment Period Age at the time of full Repayment
      Below 56 years ₹ 14.00 Lakh 84 months Up to 63 years
      56 – 72 years ₹ 14.00 Lakh 60 months Up to 77 years
      72 – 74 years ₹ 12.00 Lakh 48 months Up to 78 years
      74 – 76 years ₹ 7.50 Lakh 24 months Up to 78 years

      For Family Pensioners (including Defense Pensioners) :

      Age Max Loan Amount (18 months Pension or Less) Repayment Period Age at the time of full Repayment
      Below 72 years ₹ 5.00 Lakh 60 months Up to 77 years
      72 – 74 years ₹ 4.50 Lakh 48 months Up to 78 years
      74 – 76 years ₹ 2.50 Lakh 24 months Up to 78 years

      Interest Rate On HDB Personal Loan For Pensioners

      At City Union Bank Pensioners can avail of personal loans at an interest of MCLR+ 3.60% p.a. The current rate of interest is 13.9%. 

      Document Required For City Union Bank Personal Loans For Pensioners

      The list of documents varies as banks do not prescribe a set of documents and it may also vary from repayment tenure to loan amount. The generic documents required to be submitted are: 

      • Completed & Signed loan application form with passport size photographs
      • Copy of your driving license, passport, or Voter’s ID(identity proof)
      • Address Proof (photocopy of recent Telephone Bills/ Electricity Bill).
      • Bank statement for the past six months
      • The latest salary slip
      • The latest Form 16 or Income Tax Returns

      Loan Amount On City Union Bank Personal Loan For Pensioners

      For State and Central Government Pensioners

      Bank Pension Loan Minimum Loan Amount Maximum Loan Amount Additional Ceiling Amount Loan Tenure(months)
      Below 65 years
      Between 65 – 70 years
      Above 70 years
      Rs 25,000 RS 10 lakhs
      RS 5 lakhs
      RS 2 lakhs
      18 months 60
      48
      24

      Defense Pensioners

      Bank Pension Loan Minimum Loan Amount Maximum Loan Amount Additional Ceiling Amount Loan Tenure(months)
      Below 65 years
      Between 65 – 70 years
      Above 70 years
      Rs 25,000 RS 10 lakhs
      RS 5 lakhs
      RS 2 lakhs
      18 months 60
      48
      24

      Family Pensioners

      Bank Pension Loan Minimum Loan Amount Maximum Loan Amount Additional Ceiling Amount Loan Tenure(months)
      Below 65 years
      Between 65 – 70 years
      Above 70 years
      Rs 25,000 RS 10 lakhs
      RS 5 lakhs
      RS 2 lakhs
      18 months 60
      48
      24

      About HDBHDB Pension Loan

      HDB Financial Services is a leading Non-Banking Financial Company that serves both individuals and corporate organizations. It was incorporated in 2007 with high capitalization and a well-established network. It is a subsidiary of HDFC bank. 

      FAQs HDB Pension Loan

      ✅Is there an income eligibility criteria to secure a personal loan from HDB Financial?

      At HDB a salaried employee must earn a minimum of ₹ 20,000 per month to avail of the loan. 

      ✅ How can you get HDB Pension Loan?

      You can apply online via Dialabank or call at 9878981166

      ✅Is there a bar on the age limit to apply for a pension loan?

      If you are a pensioner having an account with the bank and are not above 78 years, you are eligible to avail of the City Union Bank Pension Loan.

      Dena Bank Pension Loan Deutsche Bank Personal Loan Customer Care
      Dhanlaxmi Bank Personal Loan Customer Care DHFL Personal Loan Customer Care
      ESAF Small Finance Bank Pension Loan Fullerton India Pension loan
      Fincare Small Finance Pension Loan Fullerton Bank Personal Loan Customer Care