Our Bhu Puu Loan Scheme aims for easy loan facility for Nepali domiciled Government of India pensioners who draws pensions through their bank accounts with our branches to meet various financial needs.
Features :
- Attractive and Competitive Interest Rate.
- Easy & Fast Loan processing.
- Tenure Up to 12 Years.
- Equated Monthly Installment (EMI) based Loan.
- No additional collateral required.
- Enhancement facility in existing loans.
Eligibility :
- Should be a Nepali domiciled Government of India Pensioners
- Age of pensioner should not exceed 70 years.
- Loan Amount:
| Age of the Pensioner at the time of sanction | Eligible Loan Amount |
|---|---|
| Up to 55 years | Up to 36 months’ pension |
| Above 55 years and up to 60 years | Up to 30 months’ pension |
| Above 60 years and up to 65 years | Up to 24 months’ pension |
| Above 65 years and up to 70 years | Up to 18 months’ pension |
For detailed information, please visit your nearest Branch.