Saptagiri Gramin Bank Pension Loan Features
| Saptagiri Gramin Bank Interest Rate | 11.83% p.a. |
| Saptagiri Gramin Bank Processing Fee | 1% |
| Saptagiri Gramin Bank Loan Tenure | 36 months |
| Saptagiri Gramin Bank Amount Minimum | 25,000 |
| Saptagiri Gramin BankAmount Max | 14 Lakh |
| Saptagiri Gramin BankFamily Amount Minimum | 2.5 Lakh |
| Saptagiri Gramin Bank Family Amount Max. | 5 Lakh |
| Saptagiri Gramin Bank Prepayment | 3% of the loan amount |
| Saptagiri Gramin Bank Foreclosure | 3% of the loan amount |
Saptagiri Gramin Bank Pension loan eligibility
The qualification of the Saptagiri Gramin loan from a bank to be among the ex-staff representatives that have a pension report has been one of the main objectives. You would have to be a recipient of the federal, PSU, or national government. You can also bring home 60 per cent of the monthly salary after making the bank fees.
Saptagiri Gramin Bank Pension Loan Requirements to Central and State Government retirees
| Eligibility | Features |
| Employer-Type | Central and State Government |
| Applicant’s-Age | Below 76 years of age |
| Account-Type | Pension transfers order imposed by the Bank |
| Treasury-Terms | The treasurer’s written consent not to accept any requests for a pension move |
| Guarantee-Terms | By the spouse or any other third party |
Saptagiri Gramin Bank Pension Loan Enrollment Towards Defence Pensioners
| Eligibility | Key Features |
| Employer Type | Armed Forces, Paramilitary Forces, Coast Guards, Rashtriya Rifles, Assam Rifles |
| Applicant’s Age | Below 76 years of age |
| Account Type | Order of pension payments enforced by the Bank |
| Treasury Terms | Not applicable |
| Guarantee Terms | Not applicable |
Saptagiri Gramin Bank Pension Loan Waivers of 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 |
The maximum sum of the qualifying loan 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 | Rs 14.00 Lakh | 60 months | Up to 77 years |
| 72 – 74 years | Rs 12.00 Lakh | 48 months | Up to 78 years |
| 74 – 76 years | Rs 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 | Rs 14.00 Lakh | 84 months | Up to 63 years |
| 56 – 72 years | Rs 14.00 Lakh | 60 months | Up to 77 years |
| 72 – 74 years | Rs 12.00 Lakh | 48 months | Up to 78 years |
| 74 – 76 years | Rs 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 | Rs 5.00 Lakh | 60 months | Up to 77 years |
| 72 – 74 years | Rs 4.50 Lakh | 48 months | Up to 78 years |
| 74 – 76 years | Rs 2.50 Lakh | 24 months | Up to 78 years |
Saptagiri Gramin Bank loan Rate of interest for retirees on modification
At Saptagiri Gramin Banking Pension Debt, the development rate is much lower, i.e. 3.40 % p.a. In their last hours, to fulfil the needs of elderly citizens.
Saptagiri Gramin Bank Pension Loan Important Documentation
Identity proof:
- Passport
- Aadhaar Card
- Voter Card
- Pan Card
- Driving License
Residence proof:
- Ration slip
- Passport
- Driving card
- Utility pads
- Bank Statement
- The Collateral purchase agreement
- Aadhaar Card
Income Statement:
- Bank Statement
- Salary pages
Saptagiri Gramin Bank Personal Loan Loan Amount For retired people
Rs 25,000 is the minimal credit number. The real loan expense and the duration of the loan depend on the maturity of the retired person and the form of pension he or she earns.
For State as well as 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 Relationship 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 Saptagiri Gramin Bank
The Bank has 131 branches (80 in the division of Chittoor and 51 in the city of Krishna), 2 transaction offices and 1 satellite office. Of the 131 outlets, 88 are in rural areas, 28 are in metro cities and 15 are in metropolitan centres.
FAQs on Saptagiri Gramin Bank Retirement Loan
✅ Will one receive a retirement loan?
The Saptagiri Gramin Bank Retirement facility is given for national and local government retirees, security retirees, and community pensioners up to 76 years old.
✅ How much credit will a retiree get?
For multiple services of pension mortgages, the loan balance for private loans to retirees varies. For a Saptagiri Gramin Bank Retirement Loan, a limit of Rs 25,000 to Rs 14 lakhs could be used.
✅ What’s the system for pension lenders?
After disability, the Saptagiri Gramin Bank Retirement Loan program offers the funding needs of state pensioners, safety pensioners, and parent pensioners.
✅ At what level of interest is the Saptagiri Gramin Bank Retirement Loan available?
Saptagiri Gramin Bank Retirement Loan at 3.40 % p.a. can be purchased. Degree Of Interest.
✅ How do you get a retirement loan from Saptagiri Gramin financial institution?
Apply Digitally through Dialabank or dial at 9878981166
