The Thane Janata Sahakari Bank Limited – TRADEASE

By | May 17, 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.

Type of Facility           – Term Loan or Overdraft

Eligibility                     – The business units like Small Business Enterprises (SBE), Traders should have been established in the line of business for a minimum period of two years and making profits for last 2 years and submission of IT returns for 2 years

Loan Limits                – Maximum Rs.50.00 Lakh

Repayment Period     – For term loan 60 months (maximum)

Rate of Interest         – Minimum 15.00% per annum (subject to change as per change in PLR)

Security                      – Hypothecation of stock & book-debts and Mortgage of immovable property, (preferably commercial)

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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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