State Bank of Hyderabad Loan to Pensioners

State Bank of Hyderabad (SBH) provides loan to pensioners in helping them to meet their domestic expenses.

Eligibility

  • All Central and State government pensioners who maintain pension accounts
  • Amount of finance 12 months pension or Rs.1,00, 000/- maximum, whichever is less

Margin: None

Security: 3rd party guarantee of spouse, family member who is eligible for family pension, or 3rd party guarantee equal to 100% of the loan amount

Repayment: 60 monthly Installments from the 1st month after loan disbursal

Processing charges: none

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