The Thane Janata Sahakari Bank Ltd has emerged as one of the leading multi state scheduled co-operative Bank in the country. The bank believes that “customer delight” is the ultimate goal and has a strong belief that Customers & all Stakeholders wholehearted support, absolute faith and their patronage has largely been responsible for its enviable growth.
Purpose – The car loan is offered for the purchase of both old and new cars
Quantum of loan – Brand New car, 100% of Invoice Value; for the purchase of second Hand Car, 80% of Agreement Value or Valuation; Report whichever is less, if car is up to 2 years old.
70% Of Agreement Value or Valuation Report whichever is less, if car is 2 to 3 years old.
Rate of Interest – For New Vehicle with repayment period up to 3 years the interest rate is 12.00% floating, for loan having repayment period up to 5yrs the interest rate is 12.50% floating
For Second Hand Vehicle with repayment period up to 3 years the interest rate is 15.00%
Service Charges – 0.50% of loan amount (Minimum Rs.2000/)
Repayment – Equated monthly installments
| EMI per lakh (in Rs.) | |||
| INT (% per annum) | 36M | 48M | 60M |
| 12 | 3289 | 2607 | 2202 |
| 12.5 | 3311 | 2631 | 2227 |
| 15 | 3424 | 2749 | 2350 |