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: To meet liquidity mismatches in business or for personal needs one can obtain this loan.
Eligibility: Any Individual can apply for this just like a personal loan. Any Firm or Company can also avail this loan for the same purpose.
Quantum of loan: Up to Rs. 50 lakhs can be achieved as loan.
Margin: 40 % of valuation cost will be granted as loan.
Security & Guarantee: Two guarantors are required in this scheme of loan. Property needs to be pledged as security.
Repayment: Repayment period could be up to a maximum of 84 months.
Documents Required: The documents that are required to be submitted are as follows:
Loan Application
Latest Income Proof of Applicant
PAN Card of Applicant
Address Proof of Applicant
Photograph of Applicant
Title Report, Verification Report of Property