Maximum age at the time of processing the loan should be less than 76 years.Pensioners of Armed Forces, including Army, Navy and Air Force, Paramilitary Forces (CRPF, CISF, BSF, ITBP, etc.), Coast Guards, Rashtriya Rifles and Assam Rifles.All other terms and conditions of the Scheme will be applicable, including guarantee by the spouse (eligible for family pension) or by a suitable third party.The Treasury to give consent in writing that it will not accept any request from the pensioner to transfer his pension payment to any other bank till a NOC is issued.The pensioner to furnish an irrevocable undertaking not to amend his mandate to the Treasury during the tenure of the loan.Pension payment order is maintained with SBI.The pensioner should be below 76 years of age. ![]() For Central & State Government Pensioners
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