STAR PENSIONER LOAN
Making it simple for you

Disclaimer
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The Bank of India and its affiliates, subsidiaries, employees, officers, directors and agents shall not be liable for any loss, claim or damage whatsoever including in the event of deficiency in the service of such third party websites and for any consequences of error or failure of internet connection equipment hardware or software used to access the third party website through this link , slowdown or breakdown of third party website for any reason including and resulting from the act or omission of any other party involved in making this site or the data contained therein available to you including for any misuse of the Password, login ID or other confidential security information used to login to this website or from any other cause relating to your access to, inability to access, or use of the site or these materials in accordance thereto Bank of India and all its related parties described hereinabove stand indemnified from all proceedings or matters arising thereto.
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- EMI starts from Rs.2205/- per lakh
- Maximum quantum upto 20 times for secured and 15 times for clean loan of the net monthly pension
- Maximum repayment tenure up to 60 months
- 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
Advantages
- No processing charges for senior citizens
- Low rate interest starting from 10.25% p.a.,
- Maximum limit upto Rs. 10.00 lakhs
- No hidden charges
- No prepayment penalty
This is a preliminary calculation and is not the final offer
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
- Individuals: Pensioners drawing pension through Bank Branch
- Age: Maximum age 75 years at the time of final repayment
Documents
For Individuals
- Proof of identity (any one): PAN/Passport/Driver Licence/Voter ID
- Proof of Address (any one): Passport/Driver Licence/Aadhar Card/ Latest Electricity Bill/Latest Telephone Bill/Latest Piped gas bill
- PPO with branch
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
Rate of Interest
- Competitive ROI @ 10.25%
- ROI is calculated on daily reducing balance
- For more details Click Here
Charges
- No processing charges for senior citizens
- For others — one time @ 2% of loan amount Min. Rs.500 and Max. Rs.2,000/-.
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
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