The bank is said to have transparent operations, personalised services and professional administration, coupled with social commitment and believe that is their hallmark of the Bank. They have truly shown steady growth over the past four decades and is currently considered as one of the leading Co-operative Banks in Maharashtra based on a business mix. The Bank was conferred with the coveted Scheduled status on 30th January, 1998. This bank has a shareholders base of over 55,000, depositors of over 3,60,000 and borrowers of over 12,500 according their website which is an impressive statistics. They also have great products for borrowers in the form of personal loans. One of them is the Janakalyan Sahakari Bank Janvyapar Loan.
This is a security based finance with reduced paperwork and simplified procedure to the small traders/ service sector. This means less hassles for a businessman or an investor as long as he has the minimal requirements. The title of this loan suggests that this loan is mostly based on the individual’s profession or business. Hence, the purpose needs to be related. You need two guarantors for applying to this loan.
The basic eligibility requirements for this loan Janakalyan Sahakari Bank Janvyapar Loan include:
You need to be a trader of high repute, grain dealer’s distributors of domestic appliances, dealers, in consumer goods, automobile etc. and Service Sector like travel tourism agencies, cyber cafes, hotels etc based on the bank's discretion basically.
These are the following documents that you will require application. Make sure that you have them ready in the form of scans if you are applying online: