The Thane Janata Sahakari Bank Limited – Loan to Small & Medium Size Enterprises

By | May 17, 2011
6 Comments

Bank has special focus for extending credit facilities to Small and Medium Size Enterprises. Bank has customized solutions for Small Business Enterprises, Small Scale Industries and Medium Scale Industries. Credit Facilities are offered in the nature of Term Loans for establishment of new industries, acquisition of machineries, technology up-gradation, or execution of ad-hoc orders or for expansion, modernization or diversification programs. Finance offered will be in the form of Fund base as well as non fund base facilities as per the requirements of the Business. Working Capital Term Loan requests are considered for viable small and medium size enterprises requiring infusion of fresh funds by way of one time core working capital assistance.

Purpose –           For establishment or modernization or up-gradation of Fixed assets, Setting up Office, Renovation of the premises, Purchase of vehicles, etc. Working Capital Limits, Export Finance and Guarantee Limits

Eligibility                                 – Individuals, Partnership Firms, Companies. Experience or qualification in the proposed line of activity

Loan Amount                         – As per the project requirement, Working Capital as per project requirements and maximum period up to 84 months

Margin Requirements            – Minimum of 25 % and project assessment

Security                                 – Mortgage or hypothecation of Asset financed.

Processing Fees                     – 1% of the sanctioned amount (Minimum – Rs. 1000)

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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.

6 thoughts on “The Thane Janata Sahakari Bank Limited – Loan to Small & Medium Size Enterprises”

  1. Dhamna purna agro producer company ltd Chapner tal.Jafrabad Dist Jalna

    We r newly registered agro producer company ltd . want to set up soya processing unit in jalna district. But we r in searching for finanace. Will company assist with us.

    Reply ↓
  2. Lauren

    Thanks for sharing this article. This will surely help me to finance my business. This article is very helpful for me. This article is very useful for me.

    Reply ↓
    1. Team BankBazaar

      Hi Lauren,

      Thank you for your kind words. We’re delighted to receive your feedback and are glad to know that you find our blogs useful. Keep reading our blogs for more such insights into the world of personal finance.

      Cheers,
      Team BankBazaar

      Reply ↓
  3. Chris

    I am business owner. I think that this will definitely help me to finance my business. This article is very useful and knowledgeable for me.

    Reply ↓
    1. Team BankBazaar

      Hi Chris,

      Thank you for your kind words. We’re delighted to receive your feedback and are glad to know that you find our blogs useful. Keep reading our blogs for more such insights into the world of personal finance.

      Cheers,
      Team BankBazaar

      Reply ↓

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