Odisha Gramya Bank Pension loan Features
| Odisha Gramya Bank Pension Loan Interest Rate | 3.40% |
| Odisha Gramya Bank Pension Loan Processing Fee | 1% |
| Odisha Gramya Bank Pension Loan Tenure | 36 Months |
| Odisha Gramya Bank Pension Loan Amount Minimum | 25,000 |
| Odisha Gramya Bank Pension Loan Amount Max | 14 Lakh |
| Odisha Gramya Bank Family Pension Loan Amount Minimum | 2.5 Lakh |
| Odisha Gramya Bank Family Pension Loan Amount Max. | 5 Lakh |
| Odisha Gramya Bank prepayment | 3% |
| Odisha Gramya Bank foreclosure | 3% |
Odisha Gramya Bank Pension Loan Eligibility
To file, where appropriate, in respect of workplace pensions,
- You also would like to hear from one of the players in the current team who has a retirement timetable.
- In a PSU, a centralized bank, a state government, you can keep a pension account.
- You must be in a position to contribute 60 percent to a pension after you have earned the credit allowance.
Odisha Gramya Bank 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 |
Odisha Gramya 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 |
Odisha Gramya 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 | 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
The interest rate for the Odisha Gramya Bank Pension loan is 3.40 percent. In order to improve your financial standing for your serious situation, this personal loan is for personal expenses. On Dialabank, one could loan file it.
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 basic original loan will be 25,000, but the total loan amount will vary by category, as retired state and central government pensioners will take advantage of up to 14 lakh loans, while family pensioners will be able to take advantage of 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 Odisha Gramya Bank
Odisha Gramya Bank (OGB) is an agricultural credit banking institution on 7 January 2013 under the provisions of the agricultural credit Banks Act 1976, with the merger of Neelachala Gramya Bank, Kalinga Gramya Bank, and Baitarani Gramya Bank.
FAQs
✅ What is the pensioner-funded benefit amount?
The total amount of loans that can be used by a public sector employee is 25,000, and based on the nature of the loan the worker falls on, the number can vary.
✅What is the Odisha Gramya Bank Pension reverse mortgage?
Loans will be issued to retirees who have worked in government buildings, government troops, or who are partners of pension recipients through the Odisha Gramya Bank Pension bank loan.
✅Who else are we searching for a pension credit receipt for?
You may call for Odisha Gramya Bank Pension Loan from Dialabank or you can dial us at 9878981166.
✅ What incentives will the Bandhan Bank Pension Loan offer us?
The rate of interest available to people on incentives at Odisha Gramya Bank is 3.40 per cent.
