top of page
Product Details
Bank Name
Bank of India
Minimum Loan Amount
upto Rs. 10.00 lakhs
Interest Rate
starting from 10.25% p.a
Minimum CIBIL Score
Minimum Loan Tenure
up to 60 months
Star pensioner loan
Fees and Charges
No processing charges for senior citizens
For others — one time @ 2% of loan amount Min. Rs.500 and Max. Rs.2,000/-.
Eligibility
Individuals: Pensioners drawing pension through Bank Branch
Age: Maximum age 75 years at the time of final repayment
Special Concession
Fees, Eligibility and Concession
Pros
Quick disposal of the loan (Very less turnaround time)
Nil processing charges for senior citizen
Clean loan facility available without pledging of any security
Easy documentation
Cons
Pros and Cons
Purpose
: Bank of India Pension loan scheme to fulfill the personal financial needs of the pensioners/family pensioners
Special Features
Purpose and Features
How to Apply?
Documents Required
Account Opening and Procedures
Application Procedure
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Add a Title
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Product Review
bottom of page