North East Small Finance Pension loan Features
| North East Small Finance Pension Loan Interest Rate | 3.40% |
| North East Small Finance Pension Loan Processing Fee | 1% |
| North East Small Finance Pension Loan Tenure | 36 Months |
| North East Small Finance Pension Loan Amount Minimum | 25,000 |
| North East Small Finance Pension Loan Amount Max | 14 Lakh |
| North East Small Finance Family Pension Loan Amount Minimum | 2.5 Lakh |
| North East Small Finance Family Pension Loan Amount Max. | 5 Lakh |
| North East Small Finance prepayment | 3% |
| North East Small Finance foreclosure | 3% |
North East Small FinancePension Loan Eligibility
To apply, where applicable, for a pension credit:
- You want to hear from one of the players who have a retirement timetable in the new squad.
- You can maintain a pension account in a PSU, a centralized bank, a state administration.
- When you have received the loan payment, you must be capable of contributing 60 percent to the pension.
North East Small Finance 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 |
North East Small Finance 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 |
North East Small Finance 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 |
(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
For the North East Small Finance Pension loan, 3.40 percent is the interest rate. This personal loan is for personal expenses in order to strengthen your financial status for your serious situation. 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
The basic original loan would be 25,000 for each pension category, but the total amount of the loan may vary by category, as retired state and central government pensioners may 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 North East Small Finance
The first small bank in Northeast India, North East Small Finance Bank (NESFB), launched its services on Sunday. The government of India (RBI) finance companies Bank License was issued to Rashtriya Gramin Ratna Nidhi (North East) microcredit Restricted on March 31, 2017.
FAQs
✅ What is the amount of a pensioner-funded benefit?
The minimum loan amount to be used by a retiree is 25,000, and depending on the group in which the person falls, the amount can differ.
✅What’s the mortgage loan from the North East Small Finance Pension?
Loans will be given by the North East Small Finance Pension bank loan to all pensioners who have served in government offices, security forces, or who are spouses of pension recipients.
✅Where else do we apply to secure a pension loan?
You may call for a North East Small Finance Pension Loan from Dialabank or you can dial us at 9878981166.
✅ What advantages will we get from the Bandhan Bank Pension Loan?
The interest rate given to individuals on incentives at North East Small Finance is 3.40 percent.
