United Bank Of India 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

      United Bank Of India Pension Loan

      United Bank Of India Pension Loan Features

      Pension Loan Interest Rate 8.95% – 11.80%
      Pension Loan Processing Fee 1% of the loan amount
      Pension Loan Tenure 36 months
      Pension Loan Amount Minimum Rs.25,000
      Pension Loan Amount Max Up to 10lakhs
      Family Pension Loan Amount Minimum Rs.25,000
      Family Pension Loan Amount Max. Up to 2lakhs
      prepayment 3% of the loan amount
      foreclosure 3% of the loan amount

      United Bank Of India Pension Loan Eligibility

      A salaried individual with permanent service for at least 2 years can avail of the loan. A pensioner of Central and State Governments, Central and State Governments’ Undertakings, Defence Services, reputed Companies, Educational Institutions (Universities, Institutes, Schools and Colleges) and have an account in any of the branches of United Bank of India can apply for Pension Loan. 

      United Bank Of India 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

      United Bank Of India 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

      United Bank Of India 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 Authorised 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 United Bank Of India Personal Loan For Pensioners

      United Bank Personal loan for salaried 15.00%
      For Pensioners 13.05%
      United cash rental scheme 9.95%

      Document Required For United Bank Of India Pension Loan

      Income Documents

      • Latest 3 years Payslips, 6 months Salary account bank statement &, Latest year Form 16.
      • Your current obligations i.e. the other instalments (EMIs) you are currently paying, the number of credit cards and credit limits you have or use.

      KYC Documentation

      • PAN Card, secondary ID Proof (DL Adhaar card, Voter’s ID) & Passport size photo)

      Proof of Employment/Business Continuity

      • Salaried: Form 16 or Appointment letter, dated 2 years or an earlier period

      Loan Amount On United Bank Of India 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 United Bank Of India

      United Bank Of India Pension Loan

      This is a government-owned bank having a three-tier organizational setup. It has its head office in Kolkata with an expansive framework of 27 regional offices and 2053 branches spread all over India. 

      FAQs on United Bank Of India Pension Loan

      ✅ Can you get a pension loan without guarantee or security?

      At United Bank Of India guarantee of a spouse or a family member or against earning children or third party guarantee 9 preferable government employees with a net equal to or more than the loan amount is essential. 

      ✅ At what rate of interest you can get United Bank Of India Pension Loan?

      You can get United Bank Of India Pension Loan at 3.40% p.a. interest rate. 

      ✅ How can you get United Bank Of India Pension Loan?

      You can apply online via Dialabank or call at 9878981166

       

      Shriram Finance Personal Loan Customer Care South Indian Bank Personal Loan Customer Care
      South Indian Bank Pension Loan Standard Chartered Bank Pension Loan
      Standard Chartered Personal Loan Customer Care State Bank of Hyderabad Personal Loan Customer Care
      Sundaram Finance Pension Loan Syndicate Bank Pension Loan