SBI Pension Loan: Interest rate, eligibility, documents and other features
SBI Pension Loan interest rate starts at 9.75% p.a.
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State Bank of India (SBI) offers pension loans to senior citizens and family pensioners receiving a regular pension from the central or state government through the bank. This personal loan can be used by pensioners to fulfil various personal financial needs such as funding your child’s marriage, buying your dream home, planning a trip or get medical aid with a simple and hassle-free loan and repayments.
In a tweet, the country's top lender said: "Get Pension loans at 9.75% and have a happy retirement. All you need to do is SMS PERSONAL on 7208933145."