Uttarbanga Kshetriya Gramin Bank Pension Loan @ 3.40%

Uttarbanga Kshetriya Gramin Bank Pension Loan

⋆ Interest Rate 9.99% ⋆

Uttarbanga Kshetriya Gramin Bank Pension Loan Features

UBKGB Pension Loan Interest Rate	3.40%
UBKGB Pension Loan Processing Fee	1%
UBKGB Pension Loan Tenure	36 Months
Pension Loan Amount Minimum	25,000
Pension Loan Amount Max	14 Lakh
Family Pension Loan Amount Minimum	2.5 Lakh
Family Pension Loan Amount Max.	5 Lakh
UBKGB prepayment	3%
UBKGB foreclosure	3%

Uttarbanga Kshetriya Gramin Bank Pension Loan Eligibility

For pension loan eligibility, you need to be qualified in 3 things:

You should know one of your ex-staff who has a pension account.
You should also hold a pension account in PSU, state government, central government.
After paying the bank instalment, you should be able to save at least 60% of your pension amount.

Uttarbanga Kshetriya 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

UBKGB 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

Uttarbanga Kshetriya 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	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	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

The interest rate in Uttarabanga Kshetriya Gramin Bank pension loan is 3.40%. It can help you in the following things:

Wedding of your child.
Finance.
Medical.
For your travelling expenses.

You can apply for a loan on Dialabank.

Document Required For Loans For Pensioners

Identity proof: Following documents are required as identity proof. (Any of the below-given documents would work)

Aadhar Card
Pan Card
Passport
Voter Identity Card

Address Proof: The below-given documents are used for address proof. (Any of the below-given documents would work)

Ration Card
Passport
Utility Bills
Aadhar Card
Property Purchased documents

Income Proof: All the below documents are necessary for acquiring a loan.

Salary slips
Bank Account Statements

Loan Amount on Bank Personal Loan For Pensioners

If any pensioner applies for a loan, they can get a minimum of 25,000. The maximum will depend on which category they will fall, like the defence will get 14 Lakh, central and state government will get 14 Lakhs, and family pensioners will get 5 Lakh. The value of the maximum loan amount will keep varying according to age. For more 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 Uttarbanga Kshetriya Gramin Bank

Uttarbanga Kshetriya Gramin Bank Pension Loan

The Central Bank of India sponsors Uttarbanga Kshetriya Gramin Bank. It is a regional Rural bank. This bank was established in 1977 on 7th March. Uttarbanga Kshetriya Gramin Bank was established under Section3[2] of the RBR act 1976.

FAQs

✅ What is the loan amount that a pensioner can avail?

25,000 is the minimum loan amount that a pensioner can avail.

✅ What is the Uttarbanga Kshetriya Gramin Bank Pension Loan scheme?

The Uttarbanga Kshetriya Gramin Bank Pension Loan scheme will provide loans to all those retired people involved in Government jobs, defence services, or are the spouse of those receiving pensions.