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Loan against pension by apna bank in Pakistan Loan amount: Maximum amount up to Rs. 150,000/-

Loan against pension by apna bank in Pakistan
Loan amount: Maximum amount up to Rs. 150,000/-
APNA Pension Loan Apna Micro Finance Bank cares a lot for senior citizens of Pakistan. Apna Bank introduces “Apna Pension Loan” for the senior citizens and their family members (Spouse/Unmarried Daughters) who are getting pension. 
The “Apna Pension Loan” product is designed for the retired employees, their spouses & unmarried Daughters (deceased employees) who are receiving pension from Government/Semi Government Departments. These loans will be utilized for the various purposes enabling them to bridge up their financial shortcomings. Apna Pension Loan will provide financial facilities easily and quickly against future pension payments. 
This product will fulfil the financing necessities of the pensioners to manage any financial activity like commencing a new business, education of children, health treatment, housing repairs or any other purpose.
Requirement
  • Copy of CNIC
  • 1 Passport Size Photo
  • Copies of Latest Utility Bills (Not older than 3 months)
  • 2 Personal Guarantees of well reputed and credit worthy persons
  • Copy of CNIC of both guarantors
  • Proof of pension: Original Pension Book or Pension Order/Retirement Letter/Service Letter/Online verification etc. and Bank Statement.
  • 2- Security Cheques
Security/ Collateral
  • Two personal guarantees of the reputed persons within the vicinity/range of branch.
 Advantages:
  • ATM Card (Optional)
  • Full range of banking services.
  • Imbedded Life & Assets Insurance cover.
  • Minimum processing time. (Less than seven days).

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