Telangana Grameena Bank Pension Loan Features
| TGB Pension Loan Interest Rate |
14.00% |
| TGB Pension Loan Processing Fee |
1% of the loan amount |
| TGB Pension Loan Tenure |
24 to 60 months |
| TGB Pension Loan Amount Minimum |
Rs. 25,000 |
| TGB Pension Loan Amount Max |
Rs. 14lakhs |
| TGB Family Pension Loan Amount Minimum |
Rs. 50,000 |
| TGB Family Pension Loan Amount Max. |
Rs. 8lakhs |
| TGB prepayment |
3% of the loan amount |
| TGB foreclosure |
3% of the loan amount |
Telangana Grameena Bank Pension Loan Eligibility
For Telangana Grameena Bank Pension Loan the key eligible factor is that the pensioner should be a beneficiary in Centra or State Government or PSU. He should draw his monthly pension from any branch of Telangana Grameena Bank. After the payments of loan instalments, the Pension should save a minimum of 60% of the monthly pension amount.
Telangana Grameena 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 |
Telangana Grameena 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 |
Telangana Grameena 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 Telangana Grameena Bank Personal Loan For Pensioners
There can be many charges on the loan amount, documentation charges, processing fees, etc. The main charge of interest rate is 14%.
Document Required For Telangana Grameena Bank Pension Loan
- The filled application form with passport size photographs.
- For Proof of identity – Passport, Voter ID card, Driving license, PAN card, Aadhar Card, Government department ID card – anyone of the following can be submitted.
- For Proof of income – Latest salary slips showing all deductions or Form 16 along with recent salary certificate (for salaried individuals), Income Tax Returns of 2 previous financial years (for other than salaried individuals).
- For Proof of Address – Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement- any one of the documents can be submitted.
Loan Amount On Telangana Grameena Bank Personal Loan For Pensioners
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 Telangana Grameena Bank 
Telangana Grameena Bank was earlier known as Deccan Grameena Bank but was changed by Union Government in 2014. It is one of the top rural banks with a glorious turnover in depositors.
FAQs on Telangana Grameena Bank Pension Loan
✅Can you obtain a loan on a Pension?
All pensioners have their beneficiaries in Central, State governments, and PSU who are not beyond 78 years of age can apply for loans.
✅How much loan can a pensioner get?
A pensioner can obtain loans from Rs 25,000 – Rs 14lakhs.
✅How do I apply for a Pension Loan through DialaBank?
You can call on 9878981166 and a financial specialist will help you obtain the loan with ease. You can apply online at Dialabank.
