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 personal loan finances travel within and outside the country.
Quantum of loan: For domestic travel up to Rs. 50,000/- and for foreign travel up to Rs. 1,00,000/- is granted as loan.
Margin: Only 85% of total expenses of travel will be covered by loan in case of a domestic travel and 70% of the total expenses in case of foreign travel.
Security & Guarantee: Two guarantors are required. In case of foreign tours collateral security is also required.
Repayment: Repayment can be done with in a maximum period of 3 years. Repayment has to be done using post dated cheque only.
Documents Required: The documents that have to be submitted for loan are as follows:
Loan Application
Latest Income Proof of Applicant
PAN Card of Applicant
Address Proof of Applicant
Photograph of Applicant
Quotation for expenses of travel
Copy of Passport / Visa