Jalgaon Janata Sahakari Bank Limited – LIC Policy Loans

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”. Bank had all its branches computerized by the year 2000. By the time… Read More »

Vijaya Bank’s profits have gone down in Q4

According to a recent press report Vijaya Bank’s net profits went down 58.5 per cent to Rs 54.23 crore, compared with Rs 130.92 crore in the corresponding quarter of the 2009-10 fiscal due to increase in the employee costs compared to the fourth quarter of the last fiscal. Mr H.S. Upendra Kamath, Chairman and Managing… Read More »

Kamakodi has been elevated as MD and CEO of City Union Bank

Recent press reports said that Dr N. Kamakodi, who assumed office as Executive President of Kumbakonam-headquartered City Union Bank, four months ago, has been elevated as Managing Director and Chief Executive Officer of the bank. Reports said that Dr N. Kamakodi is expected to take charge from the 1st of May 2011. Dr N. Kamakodi… Read More »

Car loans offered by Bombay Mercantile Bank:

Purpose: For purchase of Cars/Two Wheelers of any make,  new as well as second-hand vehicles less than 3 years old. Eligibility: Any Individual, Proprietary/Partnership concerns as well as Limited Companies are eligible to avail finance under the vehicle loan scheme; provided they have adequate repayment capacity. Period of Repayment: The period of repayment for new… Read More »

Home loans offered by Bombay Mercantile Bank:

Purpose: The scheme offer loans to people to avail loan for purchase of house or flat, besides repairs or extension of existing houses. Eligibility: Individuals and housing boards undertaking housing project or schemes are eligible to receive finance under the scheme. The borrower must have permanent source of income, repayment capacity and should be prepared… Read More »

Education Loan Scheme of Bombay Mercantile Bank

The Scheme aims to provide loan assistance to meritorious students keeping in mind their financial circumstances for pursuit of higher studies in India or Abroad. The loan amount will cover admission fees, tuition fees, examination fees, and cost of books stationery, instruments and equipment, Boarding and mess expenses etc. Unlike other personal loan, students eligible… Read More »