Janata Sahakari Bank Ltd.,Pune was established on 18th October 1949 by people committed to social cause in Pune city. RBI included the bank in second schedule and from 1st September 1988. Janata Sahakari Bank Ltd., Pune is functional as Scheduled Co-Operative Bank and accepts deposits from Government and Semi-Government corporations. Similarly Government & Semi-Government corporations accept Bank’s drafts.
Purpose: This loan finances purchase of computer, mobile, two-wheeler, etc.
Eligibility: Parent of College Student, any individual / guardian can avail this loan.
Quantum of loan: Loan amount could be a maximum of up to Rs. 75,000/-.
Security & Guarantee: Just like the home loan scheme of the bank only one guarantor is required in the case of this loan also.
Repayment: Repayment can be done in either in 36 Months or 60 Months. The repayments have to be done using postdated cheques only.
Documents Required: The documents that have to be submitted to avail this are as follows:
Loan Application
Latest Income Proof of Applicant
PAN Card of Applicant
Address Proof of Applicant
Photograph of Applicant
Quotation of Computer / Mobile / Two Wheeler that is to be purchased