The Thane Janata Sahakari Bank Limited is actively involved in lending to all sectors of the Industries or business and provides customized solutions for Small Business activities, Transporters, wholesalers, stockiest, Distributors, Retailers having exclusive showrooms dealing in FMCG products, readymade garments, consumer durables, pharmaceutical stores, etc. Bank also actively considers Working Capital Term Loans for execution of ad-hoc orders or Loans against mortgage of existing securities for specified purposes. The bank has emerged as one of the leading multi state scheduled co-operative Bank in the country offering loans such as home loan, vehicle loan, commercial loans etc.
Purpose – For establishment, modernization, up-gradation of Fixed Assets; to set up Office, Renovation of the premises, purchase of vehicles, etc. for working capital limits, export finance and guarantee limits.
Eligibility – Exiting running business activity and good track record
Loan Amount – As per the business requirements, working Capital as per assessment, maximum period up to 84 months, maximum moratorium 6 months, working Capital for one year on renewable basis. Margin requirements
Margin Requirements – Minimum of 25 % Security, Mortgage or Hypothecation of Asset
Processing Fees – 1% of the sanctioned amount (Minimum – Rs. 1000)