Purpose | To meet the urgent medical expenses of the pensioners. |
Eligible persons | Individuals (below 70 years) collecting / receiving their pension / family pension from Government and other Public Sector Undertakings, etc., through our Bank and are maintaining operative accounts with our Bank. |
Quantum | Rs.50,000 or five months pension / family pension amount, whichever is less. |
Rate of Interest | 12% p.a. (subject to change from time to time). |
Repayment period | 24 equated monthly instalments. |