Loan for pensioners to meet Medical expenses, other genuine needs and emergent personal expenses.<\/p>\n\n\n\n
Purpose:<\/p>\n\n\n\n
Cost of Medical expenses and other genuine needs & emergent personal expenses.<\/p>\n\n\n\n
Margin:<\/p>\n\n\n\n
NIL<\/p>\n\n\n\n
Eligibility:<\/p>\n\n\n\n
Pensioners drawing pension through our Branch
Pensioners of all Central\/State Govt.\/Govt, Depts undertakings\/PSUs\/Corporates, family pensioners of above categories, ex-employees of the Banks.<\/p>\n\n\n\n
Quantum:<\/p>\n\n\n\n
10 times monthly pension OR Maxi.Rs.50,000\/- which ever is higher.
Security:
Co-obligation of wife, son, daughter (wherever family pension permitted).<\/p>\n\n\n\n
Repayment:<\/p>\n\n\n\n
36 months<\/p>\n\n\n\n
Rate of Interest:<\/p>\n\n\n\n
10.50% per annum<\/p>\n\n\n\n
Pre-Closer Charges:<\/p>\n\n\n\n
1.00% on outstanding balance.<\/p>\n\n\n\n
Documentation:<\/p>\n\n\n\n
Application
Pronote\/Pronote covering letter
Photograph of the borrower\/co \u2013 obligant.
Declaration for end use of loan.<\/p>\n","protected":false},"excerpt":{"rendered":"
Loan for pensioners to meet Medical expenses, other genuine needs and emergent personal expenses. Purpose: Cost of Medical expenses and other genuine needs & emergent personal expenses. Margin: NIL Eligibility: Pensioners drawing pension through our BranchPensioners of all Central\/State Govt.\/Govt, Depts undertakings\/PSUs\/Corporates, family pensioners of above categories, ex-employees of the Banks. Quantum: 10 times monthly pension OR Maxi.Rs.50,000\/- which ever is higher.Security:Co-obligation of wife, son, daughter (wherever family pension permitted). Repayment: 36 months Rate of Interest: 10.50% per annum Pre-Closer Charges: 1.00% on outstanding balance. Documentation: ApplicationPronote\/Pronote covering letterPhotograph of the borrower\/co \u2013 obligant.Declaration for end use of loan.<\/p>\n","protected":false},"author":1,"featured_media":1371,"parent":1251,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"inner-page-retail-banking.php","meta":{"footnotes":""},"class_list":["post-1367","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/pages\/1367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/comments?post=1367"}],"version-history":[{"count":1,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/pages\/1367\/revisions"}],"predecessor-version":[{"id":1373,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/pages\/1367\/revisions\/1373"}],"up":[{"embeddable":true,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/pages\/1251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/media\/1371"}],"wp:attachment":[{"href":"https:\/\/karnatakaapex.bank.in\/new\/wp-json\/wp\/v2\/media?parent=1367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}