Jalgaon Janata Sahakari Bank Ltd. was established on 20th January, 1979. The Bank attained “Scheduled Bank” status on 29th January, 2000. The bank works with a vision of”Carve the names on the heart of common man instead of carving names on marble”.
By the time Jalgaon Janata Sahakari Bank celebrated its Silver Jubilee in the year 2003-2004, the bank had already achieved over Rs. 300 crore as deposits.
Purpose: For construction of House or Purchase of ready house/ flat or for take over of existing loan of other bank/ financial institute this home loan can be availed.
Eligibility: Any Indian citizen who is a share holder of the bank and also is capable of repaying the loan can avail this loan.
Quantum of Loan: Up to a maximum of Rs. 50 lakhs is granted as loan.
Rate of Interest: The rate of interest is 10.50 % fixed for first 60 EMI & 11.50 % for last 182 EMI.
Repayment: The maximum period of repayment is 15 Years. The repayment has to be done in monthly installments.
Documents required: Along with the completed loan application of the bank, proof of income of the applicant and guarantors, KYC details of the applicant and guarantors, etc. has to be submitted in order to get the loan.