Rajasthan Marudhara Gramin Bank Pension Loan Features
| RMGB Pension Loan Interest Rate | 3.40% |
| RMGB Pension Loan Processing Fee | 1% |
| RMGB Pension Loan Tenure | 36 months |
| RMGB Pension Loan Amount Minimum | Rs. 25000 |
| RMGB Pension Loan Amount Max | 14 lacs |
| RMGB Family Pension Loan Amount Minimum | 2.5 lacs |
| RMGB Family Pension Loan Amount Max. | 5 lacs |
| RMGB prepayment | 3% |
| RMGB foreclosure | 3% |
Rajasthan Marudhara Gramin Bank Pension Loan Eligibility
For the Rajasthan Marudhara Gramin bank pension loan eligibility, One of the critical requirements intended is that certainly one of your ex-workforce participants should have a pension account. You must even have a pension account in fundamental authorities, PSU, state authorities. Additionally, after paying your bank instalment, you ought to be able to take 60% of your pension amount.
Rajasthan Marudhara Gramin Bank Pension Loan Eligibility for Central and State Government Pensioners
| Eligibility Criteria | Key Features |
| Employer Type | Central and State Government |
| Applicant’s Age | Below 76 years of age |
| Account Type | Pension payment order maintained by Bank |
| Treasury Terms | Written consent from the treasurer not to accept any pension transfer requests |
| Guarantee Terms | By the spouse (eligible for a family pension) or any other third party |
Rajasthan Marudhara Gramin Bank Pension Loan Eligibility For Defence Pensioners
| Eligibility Criteria | Key Features |
| Employer Type | Armed Forces, Paramilitary Forces, Coast Guards, Rashtriya Rifles, Assam Rifles |
| Applicant’s Age | Below 76 years of age |
| Account Type | Pension payment order maintained by Bank |
| Treasury Terms | Not applicable |
| Guarantee Terms | Not applicable |
Rajasthan Marudhara Gramin Bank Pension Loan Eligibility For Family Pensioners
| Eligibility Criteria | Key Features |
| Employer Type | Central and State Governments including all Armed Forces |
| Applicant’s Age | Below 76 years of age |
| Account Type | Pension payment order maintained by Bank |
| Treasury Terms | Not applicable |
| Guarantee Terms | Authorized members of the family under the family pension scheme |
Maximum Eligible 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 Rajasthan Marudhara Gramin Bank Personal Loan For Pensioners
The interest supplied by Rajasthan Marudhara Gramin Bank, the Pension loan is 3.40%. You can use that mortgage for any form of expenses like medical, or additionally this loan are you able to become financially sturdy.
Document Required For Rajasthan Marudhara Gramin Bank Pension Loan
Income proof:- Bank Account Statement and Salary Slips
Address proof: Ration Card, Bank Account Statement, Passport, Driving License, Light bills, Property purchase contract, Aadhaar Card. (you can present any of these)
Identity proof:- Passport, Voter ID card, Pan Card, Driving License, Aadhaar Card. (you can present any of these)
Loan Amount On Rajasthan Marudhara Gramin Bank Personal Loan For Pensioners
The minimum loan amount to be supplied by using Rajasthan Marudhara Gramina Bank to the pensioners is 25,000. The maximum quantity might be 14 Lakhs for state and central government pensioners and Defence pensioners, 5 Lakhs for family Pensioners. The loan tenure will vary for that reason. For extra information, please refer to the below-given table:
For State and Central Government Pensioners:
| Age | Minimum Loan Amount | Maximum Loan Amount | Additional Ceiling Amount | Loan Tenure |
| Less Than 72 Years | 25000 | 14 Lakh | 18 Months Pension | 60 |
| 72 to 74 Years | 25000 | 12 Lakh | 18 Months Pension | 48 |
| 74 to 76 Years | 25000 | 7.5 Lakh | 18 Months Pension | 24 |
For Defence Pensioners:
| Age | Minimum Loan Amount | Maximum Loan Amount | Additional Ceiling Amount | Loan Tenure |
| Up to 56 Years | Rs 25000 | 14 Lakh | 36 Months Pension | 84 |
| Less Than 72 Years | Rs 25000 | 14 Lakh | 18 Months Pension | 60 |
| 72 to 74 Years | Rs 25000 | 12 Lakh | 18 Months Pension | 48 |
| 74 to 76 Years | Rs 25000 | 7.5 Lakh | 18 Months Pension | 24 |
For Family Pensioners:
| Age | Minimum Loan Amount | Maximum Loan Amount | Additional Ceiling Amount | Loan Tenure |
| Less Than 72 Years | 25000 | 5 Lakh | 18 Months Pension | 60 |
| 72 to 74 Years | 25000 | 4.5 Lakh | 18 Months Pension | 48 |
| 74 to 76 Years | 25000 | 2.5 Lakh | 18 Months Pension | 24 |
About Rajasthan Marudhara Gramin Bank
The former Marudhara Gramin Bank and Mewar Aanchalik Gramin Bank were amalgamated into one entity and a new bank was formed and, i.e., Rajasthan Marudhara Gramin Bank. It was sponsored by the State Bank of India having its Head Office at Jodhpur was formed.
The area of operation of the Bank is the combined area of operation of two erstwhile component Banks. Jalore, Pali, Sirohi, Jodhpur, Jaipur, Nagaur, Dausa, Jaisalmer, Barmer, Bikaner, Sriganganagar, Hanumangarh, Udaipur, Rajsamand and Pratapgarh cities of the state.
FAQs on Rajasthan Marudhara Gramin Bank Pension Loan
✅ Can you get a loan on a pension?
Rajasthan Marudhara Gramin Bank presents the credit score, which is easy for the recipients of central and state Governments. Warranty of retired humans and families of retired humans above seventy-six years of age.
✅ How much loan can a pensioner get?
The total credit score rating loan for recipients interchanges for some improvement profit providers. Rajasthan Marudhara Gramina bank annuity advances can gain from Rs 14 lacs to Rs 25,000.
✅ What is the pension loan scheme?
Rajasthan Marudhara Gramin Bank Pension Loan scheme connects the economic requirements of defence, family and government pensioners after their retirement.
✅ How can you get Rajasthan Marudhara Gramin Bank Pension Loan?
You can now apply online on Dialabank, or you can ask your inquiries on this number 9878981166.
