Catholic Syrian Bank Pension Loan Features
| Catholic Syrian Bank Pension Loan Interest Rate | 3.40% |
| Catholic Syrian Bank Pension Loan Processing Fee | 1% |
| Catholic Syrian Bank Pension Loan Tenure | 36 months |
| Catholic Syrian Bank Pension Loan Amount Minimum | Rs. 25000 |
| Catholic Syrian Bank Pension Loan Amount Max | 14 lacs |
| Catholic Syrian Bank Family Pension Loan Amount Minimum | 2.5 lacs |
| Catholic Syrian Bank Family Pension Loan Amount Max. | 5 lacs |
| Catholic Syrian Bank prepayment | 3% |
| Catholic Syrian Bank foreclosure | 3% |
Catholic Syrian Bank Pension Loan Eligibility
For the Catholic Syrian Bank credit score eligibility, it is one of the critical prerequisites that certainly one of your ex-personnel constituent who is having an annuity proclamation. It would assist if you likewise have been a recipient of country authorities, PSU or Central Government. You need to likewise bring domestic 60% of the month to month annuity inside the wake of paying the Bank’s instalments.
Catholic Syrian 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 |
Catholic Syrian 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 |
Catholic Syrian 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 Catholic Syrian Bank Personal Loan For Pensioners
The interest provided by Catholic Syrian Bank, the Pension advance is 3.40%. You can utilize that contract for any costs like clinical, or furthermore, this advance are you ready to turn out to be monetarily stable.
Document Required For Catholic Syrian Bank Pension Loan
- Income proof:- Bank Account Statement and Salary Slips
- Address proof: Ration Card, Bank Account Statement, Passport, Driving License, Light bills, Property purchase contract, Aadhaar Card. (you can present any of these)
- Identity proof:- Passport, Voter ID card, Pan Card, Driving License, Aadhaar Card. (you can present any of these)
Loan Amount On Catholic Syrian Bank Personal Loan For Pensioners
The base credit that adds up to be provided by utilizing the Catholic Syrian Bank to the beneficiaries is 25,000. The most extreme amount may be 14 Lakhs for the state and central government beneficiaries and Defense retired people, 5 Lakhs for family Pensioners. The advance residency will change consequently. For additional data, if you don’t mind, allude to the underneath 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 Catholic Syrian Bank
CSB Bank Limited, heretofore Catholic Syrian Bank Limited, is an Indian private sector bank with its headquarters at Thrissur, Kerala, India. It is one of the most venerable banks in India. The Bank has a network of over 450 offices and more than 257 ATMs across India.
FAQs on Catholic Syrian Bank Pension Loan
✅ Can you get a loan on a pension?
The Catholic Syrian Bank Pension Loan is available for the Central and State Govt recipients. Defence resigned individuals and family resigned individuals up to 76 years of age.
✅ How much loan can a pensioner get?
The advance measure of individual credit for recipients vacillates for the different advantages of advance providers. Catholic Syrian Bank Pension Loan can benefit from the entirety of Rs 25,000 to Rs 14 lakhs.
✅ What is the pension loan scheme?
Catholic Syrian Bank Pension Loan scheme includes the financing needs of Govt, Defense and family beneficiaries after retirement.
✅ How can you get a Catholic Syrian Bank Pension Loan?
You can apply online through Dialabank, or you can also call 9878981166
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