Janaseva Sahakari Bank was established in 1972 with a modest capital of Rs. 60,000. The bank has spread with 21 branches and has crossed Rs. 1200 crore business.The bank has supported people from all strata of society. Along with old values, Janaseva Bank has adopted a modern approach and is all set to offer core banking facilities soon. Some of the branches have already been equipped with ATMs too.
The Bank has consistently achieved Grade I by the Reserve Bank of India. Recently the Bank has received approval from the Co-operative Directorate to expand its area of operations to the whole of Maharashtra. Approval for the same is expected from the Reserve Bank of India soon.
- Loan amount upto Rs. 10 lakh for business or personal
- Interest rate 15%
- No hidden charges
| Months | Monthly installment (In Rupees) for Rs. 1 lakh @ 15% p.a. |
| 12 | 9030 |
| 24 | 4850 |
| 36 | 3475 |
| 48 | 2785 |
| 60 | 2380 |
| 72 | 2115 |
| 84 | 1930 |