Sammana Loans - Senior Citizen | Pan Asia Banking Corporation

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Product Feature	Sammana	Haritha Sammana
Loan Amount	Loans up to Rs. 4,000,000/–	Minimum Rs. 50,000/- to Maximum Rs.1,000,000/-
Loan Tenure	Repayment period of up to 10 years	Repayment period of up to 10 years
Maximum age limit	Ability to pay back the loan up to 75 years of age	Ability to pay back the loan up to 75 years of age
Loan protection policy	Loan Protection Policy in place for all customers	Loan Protection Policy in place for all customers
Other features	No guarantors required	No guarantors required

	Sammana	Haritha Sammana
1.	Monthly Pension payment should be transferred to Pan Asia Bank	Monthly Pension payment should be transferred to Pan Asia Bank
2.	Initial deposit for savings account is Rs. 200/-	Initial deposit for savings account is Rs. 200/-
3.	Pensioners who receive a monthly pension of Rs. 6,000 or above will be eligible for the loan scheme	Pensioners who receive a monthly pension of Rs. 6,000 or above will be eligible for the loan scheme
4.	Pensioners under the age of 75 years are eligible for the pension loan scheme	Pensioners under the age of 75 years are eligible for the pension loan scheme
5.	Widows or widowers between the age of 35 to 70 years of age receiving their deceased spouse’s pension are eligible for this loan scheme	Widows or widowers between the age of 35 to 70 years of age receiving their deceased spouse’s pension are eligible for this loan scheme
6.	–	The purpose of the loan should be related to sustainability or agriculture

	Sammana	Haritha Sammana
1.	NIC of the pensioner	NIC of the pensioner
2.	Clear copy of a utility bill or a bank statement or any other valid address verification document	Clear copy of a utility bill or a bank statement or any other valid address verification document
3.	Divisional secretariat /Gramasewaka letter	Divisional secretariat /Gramasewaka letter
4.	Exisitng bank’s balance clearance letter	Exisitng bank’s balance clearance letter
5.	Pay sheet and Pension ID	Pay sheet and Pension ID
6.	–	“Haritha Sammana” loan purpose information form

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