Apply for Pension Holder’s Loan Now!
A financial emergency can strike anybody anytime regardless of age or occupation. In this kind of situation, working people get the loan easily, however retired people sometimes face difficulty in acquiring the same. Therefore, to make the obtaining a loan process easy, financial institutions have come up with a solution which is a Personal Loan for pension holders, also known as Pension Loan. This loan is just the same as another personal loan. A pension holder can receive this personal loan against the pension they withdraw monthly and can use it for any purpose such as settling debts, paying outstanding bills, medical emergencies, etc.
Banks approve pension loans to the pensioners maintaining their pension or pension payment order with them. The loan eligibility of a pension loan applicant is derived from the monthly pension drawn by the pension account holder through his pension account.
If you have your all KYC documents(Aadhar,PAN,Voter) and minimum 30000 Pension in a months, then you are eligible for Pension Holder Loan.
Normaly it take max 10 Days.
Normaly 11% to 16%
Min 3 Years to Max 7 Years
Getting a Pension Holder loan from FinoFriend is easy, especially if you have your documents are in order and you have a good credit track record. You have to just fill-up our Pension holder’s Loan application, then all processes will be completed by our side.