Dhanlaxmi Bank Pension Loan @ 3.40% | Dialabank Best Offers

Dhanlaxmi Bank Pension Loan

⋆ Interest Rate 9.99% ⋆

Dhanlaxmi Bank Pension Loan Features

Dhanlaxmi Bank Pension Loan Interest Rate	3.40%
Dhanlaxmi Bank Pension Loan Processing Fee	1%
Dhanlaxmi Bank 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
Dhanlaxmi Bank prepayment	3%
Dhanlaxmi Bank foreclosure	3%

Dhanlaxmi Bank Pension Loan Eligibility

For the pension loan eligibility:

You should know one of your ex-staff members who have a pension account.
IN PSU, central government, state government, you should hold a pension account.
You must be able to save 60% of the pension after paying the loan instalment.

Dhanlaxmi 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

Dhanlaxmi 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

Dhanlaxmi 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 total 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 total 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 total 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 the Dhanlaxmi Bank Pension loan is 3.40%. the most uses of a pension loan are following:

Medical.
Financial help.
Wedding of their children.
We are travelling expenses.
Repairings.

You can apply for a loan on Dialabank.

Document Required For Loans For Pensioners

Identity proof: From below given documents, one would be required for verification at Dhanlaxmi Bank (Any of the below-given documents would work)

Aadhar Card
Pan Card
Passport
Voter Identity Card

Address Proof: From below given documents, one would be required for verification at Dhanlaxmi Bank (Any of the below-given documents would work)

Ration Card
Passport
Utility Bills
Aadhar Card
Property Purchased documents

Income Proof: All the above documents are required for getting a loan. All the below-given documents will be required for verification at Dhanlaxmi Bank.

Salary slips
Bank Account Statements

Loan Amount on Bank Personal Loan For Pensioners

The minimum loan amount for the Dhanlaxmi Bank pension Loan category will be 25,000. Still, the maximum loan amount will keep changing as per the category like the defence pensioners and state and central government pensioners. They can avail up to a maximum of 14 lakh loan, and 5 Lakh is the maximum amount that a family pensioner can avail.

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 Dhanlaxmi Bank

Dhanlaxmi Bank was incorporated in 1927 on November 14. It was started at Thrissur city, Kerala. It was created with a capital of 11,000, and it only had 7 employees.

In 1977 Dhanlaxmi Bank transformed into a scheduled commercial bank. At present, it has 380 ATM’s and 290 branches all over Kerala.

FAQs

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

The minimum loan amount that a pensioner can avail of from Dhanlaxmi Bank is 25,000, and the rest will be up to the category in which that person would fall.

✅ What is the Dhanlaxmi Bank Pension Loan scheme?

The Dhanlaxmi 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.