Himachal Pradesh Gramin Bank Pension Loan

Himachal Pradesh Gramin Bank Pension Loan Features

Himachal Pradesh Gramin Bank Pension Loan Eligibility

In Himachal Pradesh Gramin Bank, all type of Pensioners is eligible who have their pension account with any of the bank branches. 

Himachal Pradesh Gramin Bank Pension Loan Eligibility for Central and State Government Pensioners

Himachal Pradesh Gramin Bank Pension Loan Eligibility For Defence Pensioners

Himachal Pradesh Gramin Bank Pension Loan Eligibility For Family Pensioners

Maximum Eligible Loan Amount and repayments

For Central and State Government Pensioners:

For Defense Pensioners:

For Family Pensioners (including Defense Pensioners):

The interest rate on Himachal Pradesh Gramin Bank personal loan for pensioners

For retirees, the interest rate is slightly lower, TL / DL: BR+2.50 per cent overdraft: BR+2.50 per cent. There is a fee of 500/- plus GST for documentation.

Document Required For Loans For Pensioners

Depending on the loan size, tenure, and other factors, various documents are needed. The generic documents required for the loan, however, are:

• An initial document that demonstrates your PPO commitment. It should be kept until a loan account is liquidated.
• DPDO pensioners must also have a copy of the letter of authority. The letter is sent by registered post to the DPDO with information on the disbursement of the balance of the loan to the pensioner concerned.
• An affidavit can be obtained by pensioners claiming that without the Bank’s permission, they can not change their current disbursing branch or Bank.
  Type of Assurance.
• In addition, demand loans, term loans, and overdraft pension loans include the following papers.
• Evidence of identification: each of these will serve as evidence: an Aadhar card, Pan Card, Voter Identity Card, Driving License.
• Address Verification: Ration Card, Bank Account Statement, Driving License, Utility Bills, Aadhar Card, all of which will serve as proof of address.
• Income Proof: both your credit card statements and salary slips, both of which are important for the approval of the loan.

Loan Amount On Himachal Pradesh Gramin Bank Personal Loan For Pensioners

For Central and State Government Pensioners:

For Defense Pensioners:

For Family Pensioners (including Defense Pensioners) :

About Himachal Pradesh Gramin

The amalgamation of two RRBs, viz., came into being with the Himachal Pradesh Gramin Bank, funded by Punjab National Bank. Himachal Gramin Bank, Mandi (sponsored by the Punjab National Bank) and Parvatiya Gramin Bank, Chamba (sponsored by the Indian State Bank) vide Government of India Notification dated 15 February 2013 with its head office at Mandi pursuant to Section 21 of the RRBs Act, 1976.

FAQs On Himachal Pradesh Gramin Bank Pension Loan

✅ Without an assurance or security, will you get a pension loan?

At Himachal Pradesh Gramin, 9 preferred government employees with a net sum equal to or greater than the loan amount are expected to guarantee the guarantee of a spouse or family member or against earning children or a third party guarantee.

✅ What is the Himachal Pradesh Gramin Bank Pension Loan repayment operation?

A limit of 60 EMIs is set for Repayment of the loan at Himachal Pradesh Gramin. If the pensioner’s age is over 75 years, the EMIs are set at 24. Repayment amounts should be set in such a way that the structured limit of 50 per cent of the monthly net pension should not be surpassed.

✅ How do you get a pension loan from the Himachal Pradesh Gramin Bank?

You can apply online via Dialabank or call at 9878981166