HSBC Pension loan Features
| HSBC Pension Loan Interest Rate | 3.40% |
| HSBC Pension Loan Processing Fee | 1% |
| HSBC Pension Loan Tenure | 36 Months |
| HSBC Pension Loan Amount Minimum | 25,000 |
| HSBC Pension Loan Amount Max | 14 Lakh |
| HSBC Family Pension Loan Amount Minimum | 2.5 Lakh |
| HSBC Family Pension Loan Amount Max. | 5 Lakh |
| HSBC prepayment | 3% |
| HSBC foreclosure | 3% |
HSBC Pension Loan Eligibility
To request, if necessary, a pension loan:
- You’d like to hear from one of the players on the present squad who has a retirement plan.
- In a PSU, a centralized bank, a state administration, you can hold a pension account.
- You must be able to contribute 60 per cent of the pension once you have earned the loan payment.
HSBC Pension Loan Eligibility For Central And State Government For Retirees
| 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 |
HSBC 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 |
HSBC 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 | 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 |
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 |
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
3.40 per cent is the HSBC Pension loan interest rate. In order to improve your financial standing for your serious illness, this personal loan is for personal expenses. On Dialabank, you might file for a debt.
Document Required For Loans For Pensioners
Identity proof:
- Aadhar Card
- Voter Identity Card
- Passport
- Pan Card
Address Proof:
- Ration Card
- Property Purchased documents
- Passport
- Aadhar Card
- Utility Bills
Income Proof:
- Salary slips
- Bank Account Statements
Loan Amount on Bank Personal Loan For Pensioners
For each pension category, the original basic loan will be 25,000, but the total amount of the loan may differ by category, as retired pensioners in the state and central government can benefit from up to 14 lakh loans, while family pensioners may benefit from up to 5 lakh loans.
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 HSBC
HSBC is one of the world’s largest organizations in the field of banking and financial services. Via our multinational companies: Wealth and Personal Banking, Commercial Banking, and Global Banking & Markets, we represent more than 40 million clients. In Europe, Asia, the Middle East, Africa, North America, and Latin America, our network encompasses 64 countries and territories.
FAQs
✅ What is the amount of reimbursement funded by pensioners?
The principal loan sum to be used by a pensioner is 25,000, and the amount can vary according to the category in which the person falls.
✅ What is the HSBC Pension mortgage loan?
Loans will be issued to all pensioners who have worked in government departments, security forces or who are spouses of pension recipients through the HSBC Pension Bank loan.
✅ Where else do we apply for a pension loan?
You may call for an HSBC Pension Loan from Dialabank, or you can dial us at 9878981166.
✅ What benefits will the Bandhan Bank Pension Loan provide us with?
At HSBC, the interest rate offered to individuals on benefits is 3.40%.
