The Central Bank of India Personal Loan to Pensionersa is a finance product from Central Bank of India with an aim to provide finance to Pensioners. The Pensioner applicant can take a personal loan. Thus providing them with an avenue to utilize this finance they require for any personal expenses such as medical expenses, marriage expenses, etc
Loan amount provided as per the Central Bank of India Personal Loan to Pensioners can be utilized to meet any financial expenses requirement, or meeting any personal emergency expenses needed by an individual. This loan can also be used for medical emergencies, home renovation, family vacation etc.
Eligibility conditions for Central Bank of India Personal Loan to Pensioners:
The loan can be disbursed as a term loan and Overdraft.
The interest rate will be the Base Rate of 9.70% + 2.00% = 11.70%
You could download the forms from the website to apply for the application, and along with supporting documents can apply at the nearest Central Bank of India branch.
The application form can be procured online, however you will need to visit the branch along with the duly filled form and supporting documents.
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