BARODA-LOAN TO DEFENCE PENSIONERS

The Baroda Loan to Defence Pensioners helps you to tide over financial needs for various purposes.

Nature of facility - Demand / Term Loan (Clean)

Purpose - For any purpose other than speculative purpose

Eligibility

Retired Defence Personnel drawing Pension from the branch.
Spouse of late pensioner drawing family pension from the branch
(Pensioners those who retired from para military forces viz., B.S.F. etc. are not covered).

Maximum amount of loan

a. Rs. 2 lacs (Subject to condition)

Personal Guarantee

Personal guarantee of person nominated to receive the
familypension in case of death of the pensioner.

Third party guarantee in case of loan to the person drawing family pension.
Repayment

Maximum 60 months, subject to age of the applicant

RATE OF INTEREST: (CLICK HERE FOR CURRENT INTEREST RATES)

.PROCESSING CHARGES: (CLICK HERE FOR DETAILS)

For further details, please contact the Bank of Baroda Branch nearest to you.




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