Now you can obtain your pension on any day you wish through the Pan Asia Sammana Account
Pan Asia Sammana Account was specially introduced for all pensioners who have given their best years for the country and are now enjoying life in retirement. As a result of the increasing popularity of this product, the bank recently decided to add several new value added features to same. The Sammana Pension Loan Scheme enables a pensioner to divert his/her pension to Pan Asia Bank and obtain a loan of up to 2 million. A special feature of this account is the fact that the loan repayment period could be extended up to 10 years. Another unique feature of this loan is that it does not require guarantors.
The pension is received on a predetermined day of the month. If a financial emergency arises between two pension payment dates most people find themselves in quite a difficult state. To help in emergencies such as these we have introduced a facility by which an interest free pension advance may be obtained at a nominal fee. As a result, a pensioner could obtain an advance on their pension on any day by visiting any branch of the bank. The maximum a person may borrow through this service is Rs. 30,000/and the minimum is Rs 5000/-.
The bank has also introduced a discount scheme for Sammana account holders. As a result, they can enjoy great discounts at selected bookshops, opticians and insurance companies etc.
Government Pensioners under age of 70 with a monthly pension of Rs. 10,000/- or more may instruct their pension to be credited to a Pan Asia Bank Sammana account to avail themselves of those benefits.