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After Retirement |
| Purposes |
: |
Loans under the scheme may be availed for purchase, construction, extension of House / Flat. |
| Eligibilty |
: |
Pensioners having a stable income throughout their life from pension may apply for loan under this scheme. |
| Terms & Conditions |
: |
1) Commutation of Pension or any portion thereof is not allowed under this scheme.
2) A Guarantor acceptable to the Company is required. |
| Repayment Mode |
: |
The loan is to be repaid before the applicant attains the age of 70 years. |