Janakalyan Sahakari Bank Personal Loan

Janakalyan Sahakari Bank star star star star star 4.0 / 5.04 users

Janakalyan Sahakari Bank is a prominent co-operative bank in Maharashtra, India and it has brought forth a great scheme in the guise of the personal loans. Janakalyan Sahakari Bank Personal Loan also known as Janadhar Personal Loan is one of the loans provided by the bank. Loanbaba.com provides all the information about Janakalyan Sahakari Bank Personal Loan:

Purpose of the Loan:

Being a multipurpose loan scheme, it serves the purpose of providing financial aid for buying consumer products, medical expenditures, travel expenses, repaying loans with high interest rates and so on.

Eligibility Required for the Loan:

The basic criterion to be fulfilled for the loan is entirely based on the income. The income has to be ten times of the net pay of the individual (minimum requirement of in-hand salary is: seven thousand five hundred rupees) or twenty five percent of the Gross Income; thus, choosing an alternative of higher value.

Key Features:

  • Interest Rate-The biggest attraction of this loan is its fixed interest rate of sixteen percent which helps in repaying further expensive loans.
  • Amount of Loan: Borrowers can opt for a loan up to five lakh rupees.
  • Security Deposit: No security deposit is required for a loan up to INR fifty thousand. A loaned amount more than fifty thousand rupees will require five percent of the same as LIC/FD/ Kisan Vikas Patra /National Saving Certificate for security.
  • Tenure for Repayment: The borrower can opt for duration of up to sixty months for repayment of the loan.

Required Documents to Avail the Loan:

  1. The Loan Application Form, in the prescribed format.
  2. One passport-size photograph, KYC/Know Your Customer Documents
  3. An Address Proof
  4. An Identity Proof
  5. Details regarding Salary/Income
  6. Net worth forms
  7. Other documents required by the Bank.

A GST rate of eighteen per cent will be applicable on all services and products of the Bank, with effect from July 1st, 2017.

Janakalyan Sahakari Bank Personal Loan


Personal Loan
star star star star star 15.0/5
I have a Personal Loan with Janakalyan Sahakari Bank. The loan disbursement was on time and document procedure was quick. I would say it was a satisfactory experience.
Mumbai September 18, 2018
Personal Loan
star star star star star 14.0/5
As I was holding a savings account with Janakalyan Sahakari bank they gave me personal loan for which the entire documentation process was very less. It was a quick disbursement procedure.
Mumbai September 17, 2018
Personal Loan
star star star star star 15.0/5
I had taken a personal loan in Delhi and thankfully the amount I required was completely approved and disbursed. Excellent work.
Mumbai September 16, 2018
Personal Loan
star star star star star 14.0/5
No compromises, best personal loan in Delhi service by Janakalyan Sahakari bank.
Mumbai September 15, 2018

Subscribe to our newsletter

close
Top

Did not find what you were looking for?

Browse through our Knowledge Bank for more articles.

Loanbaba Blog

Check your Loan eligibility!

Apply for a Loan online: