• Interest Rate (p.a.)

    Fixed rate of 15%

  • Loan Tenure

    1 - 7 Years

  • Approval Duration

    3 Days

  • Min. monthly income

    Rs 20,000.00/-

Loan calculator
Loan amount
Loan Tenure
Monthly SalaryRs 25000
Interest Rate (p.a.)


Monthly Repayment


Total Interest Payable Rs 0.00
Total Amount Payable Rs 0.00
Benefits of Commercial Bank Pensioners Loan
  • Available for Government Pensioners.
  • Easy and convenient application process.
  • 3 days loan approval
  • Loan scheme to suit your range of purposes.

Product Features

Min. Financing Amount Rs 100,000.00/-
Max. Financing Amount Up to Rs 1,000,000.00/-
Min. Loan Tenure 1 Year
Max. loan tenure 7 Year
Interest rate Fixed rate of Fixed rate of 15%
Approval duration 3 Days

Fees & Charges

Set up Fees
Processing Fee N/A
Stamp duty N/A
Annual fee N/A
Other fees N/A
Early settlement N/A
Late payment charges N/A
Other penalties N/A

Eligibility & Requirements

Employment Eligibility
  • Government Pensioner or widow/widower who receives your spouse's pension through Pensions Department.
Joint Income
  • Joint income could be considered if the spouse is also a government pensioner.
Open Linked Banked Account
  • Your pension should have been credited to your Commercial Bank account at least during the previous or current month.
Age Limit
  • Below 67 years of age and the loan should be paid in full before you reach your 70th Birthday.