Hi Sir/Madam,

Hope you are doing good.

This is lakshmi and its regarding to a problem being faced by mother.My father has expired and my mother is a pensioner.She is drawing her pension in Mangalagiri Branch,Guntur (Dt).She is now in a need for money inorder to go for health treatment and she went to put a loan and the bank people told her that any employee who is working at present should keep the sureity sign and they have to submit their salary certificates it seems.She asked for people whom she knows in her area and they told that they have already signed for some other people.Can a person sign at a time for two pensioners?Last year this was not the case(a pensioner used to sign for another pensioner) but now the situation has changed and it has become a difficult thing for all the pensioners because they are old and if they have their relatives it would be better for them but what about for people who will not have any one who is working as a government employee.Please do understand the situation and respond for the poor senior citizens who are facing a lots of troubles in their lives having their treatments for dreadful diseases or going to do their daughters marriages...................

I Hope you understand the problem.Please help them.

Thanking you very much
P.Lakshmi

Pension loans are we can say that it is like a personal loans..After the retirement to earn the livelyhood of the a perosnal pension loan are very much helpfull..
A Pension loan is a simpler, more cost effective alternative to a sub-prime, high interest loan; and unlike other unsecured loans there are absolutely no credit checks. This means that you could have CCJ's, defaulted on payments, be on debt-management, been discharged from bankruptcy and still be accepted.
If you have a pension worth at least £20,000, you could borrow up to 50% of your pensions value in as little as 4-8 weeks.