The Thane Janata Sahakari Bank Limited – Kalpataru Consumer Finance 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. It presently is catering to the needs of society through a close network of 54 Branches and 1 Extension Counters spread all over the city of Thane, Mumbai, Navi Mumbai, Nasik, Pune & Satara. 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. It offers home loan, auto loan, educational loan, personal loan etc.

Purpose                                  – For purchase of Electronic Appliances, consumer durables, furniture & fixtures or Two Wheelers etc

Eligibility –           Salaried or Self Employed or businessman

Loan Amount                         – Maximum Rs. 2.00 lakhs

Repayment –           Maximum 5 years

Rate of Interest                     – Floating, 15.00% when Salary Deduction is available, 16.50% when Salary Deduction is not available

Service Charges                     – Flat Processing Fees Rs. 750/; guarantee or Surety     Personal Guarantee of 1 or 2 persons

Pre   payment –           No penalty for pre-payment

Documents   Required –           Income Proof of Applicant(s) & Guarantor(s), residential Proof of Applicant & Guarantor, original Quotation or Invoice etc. first installment at the time of disbursement

Loan Installment                   – EMI per Rs.1, 00,000/- Loan Amount

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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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