PCL (Personal Loan Scheme For Pensioners)


All pensioners of Central/State Government/ Public Sector Undertakings (State/ Central), Autonomous Bodies drawing their pensions from Banks' own branches


For any personal need

Amount of Loan:

Particulars Revised Ceiling for Maximum Loan Amount
a) For pensioners up to the age of 70 years Rs.3,50,000/- or equivalent to 18 months pension, whichever is lower.
b)For pensioners over the age of 70 years & up to the age of 75 years only. Rs.2,00,000/- or equivalent to 12 months pension, whichever is lower.


Guarantee of spouse eligible for family pension. In case spouse is not alive, then guarantee of any other family member or a third party guarantee of one person having sound financial net means good for the amount of advance.


The loan along with interest thereon would be repayable in 36 equal monthly installments.

Processing Charges:

0.25% of loan amount.

* Conditions Apply