• Principal Borrower should be a senior citizen of India aged above 60 years and not more than 80 years of age.
  • Borrower shall be owner and occupant of residential property (House or flat) located in India or jointly in the name of spouse.
  • Residential property shall be free from any encumbrance.
  • The borrower/borrowers should use the residential property as permanent primary residence.
  • No monthly income/ gross income criteria/ Pension as only source of income.
  • The residual life of the property should be 1.5 times of the repayment period Minimum 20 years.
  • Married couples will be eligible as joint borrowers for financial assistance at the discretion of the Bank, subject to at least one of them being above 60 years of age & the other not below 55 years of age.
  • Maximum Loan Amount:Know Your Eligibility


*നിബന്ധനകളും വ്യവസ്ഥകളും ബാധകമാണ്. കൂടുതൽ വിവരങ്ങൾക്ക്, ദയവായി നിങ്ങളുടെ അടുത്തുള്ള ബ്രാഞ്ചുമായി ബന്ധപ്പെടുക