Standard Chartered Bank Pension loan Features
| Standard Chartered Bank Pension Loan Interest Rate | 3.40% |
| Standard Chartered Bank Pension Loan Processing Fee | 1% |
| Standard Chartered Bank Pension Loan Tenure | 36 Months |
| Standard Chartered Bank Pension Loan Amount Minimum | 25,000 |
| Standard Chartered Bank Pension Loan Amount Max | 14 Lakh |
| Standard Chartered BankFamily Pension Loan Amount Minimum | 2.5 Lakh |
| Standard Chartered Bank Family Pension Loan Amount Max. | 5 Lakh |
| Standard Chartered Bank prepayment | 3% |
| Standard Chartered Bank foreclosure | 3% |
Standard Chartered Bank Pension Loan Eligibility
To apply, if necessary, for a pension credit:
- You would like to learn from one of the players on the present squad who has a retirement schedule.
- In a PSU, a centralized bank, a state administration, you can maintain a pension account.
- You must be able to contribute 60 percent of the pension once you have earned the loan payment.
Standard Chartered Bank Pension Loan Eligibility For Central And State Government For Retirees
| 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 |
Standard Chartered 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 |
Standard Chartered 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 | Repayment Period | Age at the time of full repayment |
| Below 72 Years | 14 Lakh | 60 | Up to 77 Years |
| 72-74 Years | 12 Lakh | 48 | Up to 78 Years |
| 74-76 Years | 7.5 Lakh | 24 | Up to 78 Years |
(ii) For Defense Pensioners:
| Age | Max Loan Amount | Repayment Period | Age at the time of full repayment |
| below 56 Years | 14 Lakh | 84 | Up to 63 Years |
| 56-72 Years | 14 Lakh | 60 | Up to 77 Years |
| 72-74 Years | 12 Lakh | 48 | Up to 77 Years |
| 74-76 Years | 7.5 Lakh | 24 | Up to 78 Years |
(ii) For Family Pensioners (including Defense Pensioners) :
| Age | Max Loan Amount | Repayment Period | Age at the time of full repayment |
| Below 72 Years | 14 Lakh | 60 | Up to 77 Years |
| 72-74 Years | 12 Lakh | 48 | Up to 77 Years |
| 74-76 Years | 7.5 Lakh | 24 | Up to 78 Years |
Interest Rate Personal Loan For Pensioners
3.40 percent for the Standard Chartered Bank Pension loan is the interest rate. In order to improve your financial standing for your serious situation, this personal loan is for personal expenses. On Dialabank, you might file for a debt.
Document Required For Loans For Pensioners
Identity proof:
- Aadhar Card
- Voter Identity Card
- Passport
- Pan Card
Address Proof:
- Ration Card
- Property Purchased documents
- Passport
- Aadhar Card
- Utility Bills
Income Proof:
- Salary slips
- Bank Account Statements
Loan Amount on Bank Personal Loan For Pensioners
For each pension category, the basic original loan will be 25,000, but the total amount of the loan may differ by category, as retired pensioners in the state and central government may benefit from up to 14 lakh loans, while family pensioners may benefit from up to 5 lakh loans.
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 Standard Chartered Bank
With 100 branches in 43 cities, Standard Chartered Bank is India’s largest foreign bank and we have been operating here since 1858. Corporate & Institutional Banking, Commercial & Private Banking, and Retail Banking are the main client divisions.
FAQs
✅ What is the pensioner-funded benefit amount?
The minimum amount of the loan to be used by a retiree is 25,000 and the amount will vary according to the category in which the person falls.
✅What’s the Standard Chartered Bank Pension mortgage loan?
Loans will be issued to those pensioners who have worked in government departments, security forces or who are spouses of pension recipients through the Standard Chartered Bank Pension bank loan.
✅Where else are we applying to get a pension loan?
You may call for a Standard Chartered Bank Pension Loan from Dialabank or you can dial us at 9878981166.
✅ What advantages will the Bandhan Bank Pension Loan offer us?
At Standard Chartered Bank, the rate of interest offered to individuals on benefits is 3.40%.
