The Thane Janata Sahakari Bank Limited – Bhushan Computer Loan Scheme

By | May 16, 2011

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                                  – To buy a Personal Computer or laptop for the Students

Eligibility                                 – Repayment capacity will be considered on total income Of the applicant and co-applicant.

Quantum of Loan                   – Rs. 15,000 to Rs. 1, 00,000/-

Margin                                     – Nil unlike other personal loan

Repayment                             – 60 EMI Maximum

Service charges                     – Flat Processing Fees Rs. 250/-

Documentation Charges       – At actual

Special Feature                      – Quick credit delivery and simple documentation

Security                                  – Computer or Laptop

Guarantee or Surety             – No Guarantors (In case of both the parents are earners). One acceptable Guarantor in case, either of the parents is earner.

Rate of Interest                     – 12.00 % P.a. Floating

Documents                             – Loan Application Form, income proof of Application (s) & Guarantor (s), Residential Proof of Applicant (s) & Guarantor (s), Photocopy of Ration Card or Municipal Tax Receipt, Society Receipt, Passport, Voter’s Identity Card, banking; Last six months Statement of Accounts, one Photograph of the Applicant or Co-Applicant or Guarantor; Signature Verification; Saving account of student with our Bank.

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About Pradeep Yuvaraj

Pradeep Yuvaraj is a Co-Founder and Director at Finerva Financial Solutions Private Limited, a financial education company focused on personal finance education. He has penned over 250 articles relating to Personal Finance and clocked over 500 hours of educating individuals on managing personal finance. He is a serial entrepreneur and has been associated with 7 Start-ups. His entrepreneurial experience spans industries as varied as Education, Gas Engineering, Automobile Design, Software development and more recently a Pure play presentation design company. Prior to turning entrepreneur in 2005, he has worked for 3 of the top ten companies of the world - Shell, ExxonMobil and Total SA. This experience included handling Branch Operations, Channel Sales and Business Development across 5 states over a period of 8 years. He holds an MBA from Symbiosis and an Electronics Engineering Degree from the University of Pune.

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