Baroda Rajasthan Kshetriya Gramin Bank Pension Loan Features
| Pension Loan Interest Rate | 11.83% p.a. |
| Pension Loan Processing Fee | 1% |
| 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 |
| Prepayment Charges | 3% of the loan amount |
| Foreclosure Charges | 3% of the loan amount |
Baroda Rajasthan Kshetriya Gramin Bank Pension Loan Eligibility
The competence of the Baroda Rajasthan Kshetriya Gramin loan from a bank to become one of the ex-staff representatives with a pension declaration has been one of the main objectives. You would have to be a supporter of the government, PSU, or federal government security apparatus. You will also actually earn 60% of the retirement income after charging the bank deposits.
Requirements for Central and State Government Pensioners by Baroda Rajasthan Kshetriya Gramin Bank Pension Loan
| Eligibility | Attributes |
| Employer Kind | Central and State Government |
| Applicant’s (Age) | Beneath 76 years of age |
| Account Type | Order of pension payments enforced by the Bank |
| Treasury Terms | Written approval from the treasurer not to consider any demands for a pension transfer |
| Guarantee Conditions | By the spouse (eligible for a relationship pension) or any other third relation |
Baroda Rajasthan Kshetriya Gramin Bank Pension Loan Eligibility For Defence Pensioners
| Eligibility Conditions | Key Terms |
| Employer (Type) | Armed Forces, Paramilitary Forces, Coast Guards, Rashtriya Rifles, Assam Rifles |
| Applicant’s (Age) | Down 76 years of age |
| Account Type | Pension payment order was given by Bank |
| Treasury Terms | Not applicable |
| Guarantee Terms | Not applicable |
Baroda Rajasthan Kshetriya Gramin Bank Pension Loan Eligibility For Family Pensioners
| Eligibility Terms | Key Characters |
| Employer Kind | Central and State Governments including all Armed Forces |
| Applicant’s Age in Years | Below 76 years of age |
| Account Kind | Pension payment order maintained by Bank |
| Treasury Kind | Not applicable |
| Guarantee Terms | Authorized members of the family under the family pension scheme |
Maximal Eligible Loan Amount and repayments
For Central and State Government Pensioners:
| Age | Max Loan Quantity(18 months Pension or Less) | Tenure 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 Baroda Rajasthan Kshetriya Gramin Bank Personal Loan For Pensioners
Baroda Rajasthan Kshetriya Gramin Bank Pension Loan’s interest rate is much lower, i.e. 3.40 percent p.a. In the final moments, to accommodate the demands of the elderly people.
Document Required For Baroda Rajasthan Kshetriya Gramin Bank Pension Loan
Identity proof:
- Passport
- Pan Card
- Driving License
- Voter Identity Card
- Aadhaar Card
Address proof:
- Ration Card
- Bank Account Statement
- Passport
- Driving License
- Utility bills
- The property purchase agreement
- Aadhaar Card
Income proof:
- Bank Account Statement
- Salary Slips
Loan Amount On Baroda Rajasthan Kshetriya Gramin Bank Personal Loan For Pensioners
Rs 25,000 is the smallest loan number. The overall amount of depreciation and the duration of both the borrower is based on the people’s retirement age and even the type of retirement he or she collects.
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 Baroda Rajasthan Kshetriya Gramin Bank
Now is Baroda Rajasthan Kshetriya Gramin Bank BRKGB customer support Toll-Free amount-Missed Call Account Enquiry Information and BRKGB email address contact information for regional offices. BRKGB customer service toll-free number for more information.
FAQs on Baroda Rajasthan Kshetriya Gramin Bank Pension Loan
✅ Can you get a loan on a pension?
For central government benefit claimants, money benefit claimants, and household benefit claimants up to 76 years and older, the Baroda Rajasthan Kshetriya Gramin Bank Retirement Loan is available.
✅ How much loan can a pensioner get?
For different lenders of retirement loans, the volume of the mortgage for pensioners’ private loans varies. The Baroda Rajasthan Kshetriya Gramin Bank Retirement Loan could be used in a total of Rs 25,000 around Rs 14 lakhs.
✅ What is the pension loan scheme?
The Baroda Rajasthan Kshetriya Gramin Banking Retirement Loan program provides the financing needs for, after retirement, government people on benefits, welfare retirees, and community pensioners.
✅ At what rate of interest you can get Baroda Rajasthan Kshetriya Gramin Bank Pension Loan?
It is good to purchase Baroda Rajasthan Kshetriya Gramin Bank Retirement Loan at 3.40 % basic salary. Interested Level.
✅ How can you get Baroda Rajasthan Kshetriya Gramin Bank Pension Loan?
You can apply online via Dialabank or call at 9878981166.
