Discover a variety of loan options tailored to meet your financial needs at our bank. Whether you’re looking for a Business loan, Housing Loan, Personal Loan, or Gold Loan, we have covered. Benefit from competitive interest rates, starting as low as 9.50% for Housing Loans and 10.50% for Business Loans, ensuring your repayments are manageable. Enjoy flexible repayment tenures of up to 180 months for Housing Loans and customizable terms for other loan types. At our bank, we value your timely repayments, offering a 4% rebate on the total interest amount for consistent and full payments. Additionally, clear and transparent terms govern our loans, providing you with a smooth borrowing experience and supporting your financial goals.
- Loan Interest Rates
- Business Loan
- Housing Loan
- Vehicle Loan
- Gold Loan
- Personal Loan
- Loan ag. Govt. Sec.
- MSME Loan
- Term Loan
| Loan Type | Rate of Interest (%) | Period |
|---|---|---|
| Business Loan upto ₹ 25 Lacs 1. Hypothecation Installment Loan 2. Cash Credit Loan | 10.50 | 84 Months 12 Months |
| Business Loan above 25 Lacs and upto 50 Lacs 1. Hypothecation Installment Loan 2. Cash Credit Loan | 11.90 | 84 Months 12 Months |
| Business Loan above 50 Lacs 1. Hypothecation Installment Loan 2. Cash Credit Loan | 12.90 | 84 Months 12 Months |
| Housing Loan 1. New Home Loan for Purchase / Construction 2. House Repair Loan | 9.50 | 180 Months 84 Months |
| Educational Loan | 12.50 | 84 Months |
| Vehicle loan ( Personal ) | 9.90 | 84 Months |
| Vehicle loan ( Commercial ) | 10.90 | 60 Months |
| Gold Loan (Only for new gold loan effective from 03-04-2021) | 8.50 | 12 Months |
| NSC/Kisan Vikas Patra/Indira Vikas Patra | 9.50 | Upto Duedate |
| Loan Against Property rent | 11.50 | 60 Months |
| Personal Loan | 15.90 | 60 Months |
| Overdraft/Bill purchase/Bill discounting | 24 | — |
| Advance against Term Deposit | Term Deposit intrest rate +1% | Upto Duedate of Term Deposit |
| Penal intrest on all loan | 3% | — |
2. In the context of cash credit loan accounts, if transactions do not surpass the sanctioned loan amount, a 1%
penalty in the form of commitment charges is levied
Business Loan
Builder Finance for Residential Housing/Commercial Projects.
Cash Credit is short-term funding or loan for a company to meet its working capital requirements.
Funding procured from cash credit loans can be used for various business purposes, such as business expansion, buying plant and machinery, purchasing raw materials, enhancing stocks, hiring staff, paying-off salaries, undertaking training, debt consolidation, etc. Cash credit has a loan repayment tenure of (data)
· Loan Limit : 80% of valuation of the mortgage property
· Loan Tenure Duration :12 Months (Renewal after 3 years)
· Processing fees : 0.50% + 18% GST, Renewal charge 0.25% + GST
Cash Credit is short-term funding or loan for a company to meet its working capital requirements.
Funding procured from cash credit loans can be used for various business purposes, such as business expansion, buying plant and machinery, purchasing raw materials, enhancing stocks, hiring staff, paying-off salaries, undertaking training, debt consolidation, etc. Cash credit has a loan repayment tenure of (data)
· Loan Limit : 80% of valuation of the mortgage property
· Loan Tenure Duration :12 Months (Renewal after 3 years)
· Processing fees : 0.50% + 18% GST, Renewal charge 0.25% + GST
Housing Loan
Buying a House is a dream for many. Now buy your dream home with the help of our Housing Loan Facility. Our Home Loan cater to all types of customers base viz., salaried, self-employed, professional, businessmen, etc.
Home loans made easy. Repay the amount through EMIs, at rates like never before.
We offer high-value loans at competitive interest rates, with the option of flexible repayment tenors extending up to (data) years.
· Eligibility : Salaried or Business
· Amount : Upto Rs. 60 lakhs as per norms
· Rate of Interest : 9.50%
· Repayment : 240 months
Home loans made easy. Repay the amount through EMIs, at rates like never before.
We offer high-value loans at competitive interest rates, with the option of flexible repayment tenors extending up to (data) years.
· Eligibility : Salaried or Business
· Amount : Upto Rs. 60 lakhs as per norms
· Rate of Interest : 9.50%
· Repayment : 240 months
Vehicle Loan
Vehicle Loan (Personal)
Now avail your dream car with our fast vehicle loan facility. We also provide loan facility for second hand used vehicle (four wheelers only)
· Loan Limit : 80% of Quotation (including Insurance & Tax Amount) Maximum Loan Amount Rs.3 Lakhs for Two-wheelers & Rs.40 Lakhs for Four-wheelers
· For old Four Wheeler vehicle : 50% of valuation of amount (within 5 years old vehicle only)
· Loan Tenure Duration :
For New Two-wheeler Vehicles – 84 Months
For New Four-wheeler Vehicles – 84 Months
For old Four Wheeler Vehicles – 84 Months
· 2 Wheeler Rate Of Interest – 9.90%
Four Wheeler (New) Rate Of Interest – 9.90%
Four Wheeler (Old – within 5 years) Rate Of Interest – 9.90%
Vehicle Loan (commercial)
· Limit : Rs. 200 lakhs
· Rate of interest @10.90%
· Period : 60 months
Now avail your dream car with our fast vehicle loan facility. We also provide loan facility for second hand used vehicle (four wheelers only)
· Loan Limit : 80% of Quotation (including Insurance & Tax Amount) Maximum Loan Amount Rs.3 Lakhs for Two-wheelers & Rs.40 Lakhs for Four-wheelers
· For old Four Wheeler vehicle : 50% of valuation of amount (within 5 years old vehicle only)
· Loan Tenure Duration :
For New Two-wheeler Vehicles – 84 Months
For New Four-wheeler Vehicles – 84 Months
For old Four Wheeler Vehicles – 84 Months
· 2 Wheeler Rate Of Interest – 9.90%
Four Wheeler (New) Rate Of Interest – 9.90%
Four Wheeler (Old – within 5 years) Rate Of Interest – 9.90%
Vehicle Loan (commercial)
· Limit : Rs. 200 lakhs
· Rate of interest @10.90%
· Period : 60 months
Gold Loan
Use your own gold for emergency financial needs with our hassle free Gold Loan Facility.
A gold loan or a loan against gold is a secured loan which customers can avail from Jankalyan Bank in lieu of gold ornaments like gold jewelry. It is the easiest way to fulfil your financial needs and proves to be a sensible alternative to availing loans from banking channels.
We ensure you complete customer satisfaction. With rates of interest (data), We offer you complete ease along with a trusted experience.
· Limit upto Rs. 2 lakhs
· Rate of Interest
· Documents
· Other Charges
· Repayment : Bullet repayment at the end of 12 months.
· No processing fees
· No Guarantors
· No Income Proof Required for Loan
· Hassle free documentation
· Speedy sanction & Disbursal of loans
· Safety of Gold Ornaments
· Basis of Advance : 75% of the valuation of gold ornaments certified by Valuer
A gold loan or a loan against gold is a secured loan which customers can avail from Jankalyan Bank in lieu of gold ornaments like gold jewelry. It is the easiest way to fulfil your financial needs and proves to be a sensible alternative to availing loans from banking channels.
We ensure you complete customer satisfaction. With rates of interest (data), We offer you complete ease along with a trusted experience.
· Limit upto Rs. 2 lakhs
· Rate of Interest
· Documents
· Other Charges
· Repayment : Bullet repayment at the end of 12 months.
· No processing fees
· No Guarantors
· No Income Proof Required for Loan
· Hassle free documentation
· Speedy sanction & Disbursal of loans
· Safety of Gold Ornaments
· Basis of Advance : 75% of the valuation of gold ornaments certified by Valuer
Personal Loan
Avail our Term loan Facility to meet your various business purposes, such as for business expansion, to purchase equipment, machinery or raw materials, to manage cash flow, to meet working capital requirements, buying office or business space/land, paying-off rent and salaries, hiring new staff, debt consolidation, etc.
Installment loans are personal or commercial loans that you can repay with regularly scheduled payments or installments.
· Limit : Upto 2 lakhs
. Rate of Interest 15%
· Repayment : 60 months
Installment loans are personal or commercial loans that you can repay with regularly scheduled payments or installments.
· Limit : Upto 2 lakhs
. Rate of Interest 15%
· Repayment : 60 months
Loan against Govt. Securites
· Loan Limit : 70% of S.V.
· No Guarantors
· Hassle free documentation
· Speedy sanction & Disbursal of loans
· Basis of Advance : 70% of the surrender value of LIC Policy
· Rate of Interest :9.50%
· No Guarantors
· Hassle free documentation
· Speedy sanction & Disbursal of loans
· Basis of Advance : 70% of the surrender value of LIC Policy
· Rate of Interest :9.50%
MSME LOAN
Limit : As per Exposure limit of Bank
Period : 120 Months
Purpose of Loan : New or Old MSME industry
Security : Mortgage of plot, House, shop, commercial establishment & Hyp of machinery and stock
Registration : Registration of MSME is compulsory
Other conditions : As perHypothecation Loan
Period : 120 Months
Purpose of Loan : New or Old MSME industry
Security : Mortgage of plot, House, shop, commercial establishment & Hyp of machinery and stock
Registration : Registration of MSME is compulsory
Other conditions : As perHypothecation Loan
Term Loan
Avail our Term loan Facility to meet your various business purposes, such as for business expansion, to purchase equipment, machinery or raw materials, to manage cash flow, to meet working capital requirements, buying office or business space/land, paying-off rent and salaries, hiring new staff, debt consolidation, etc.
Installment loans are personal or commercial loans that you can repay with regularly scheduled payments or installments.
· Limit : Rs. 200.00lakhs as per exposure limit
· Rate of Interest (1) Upto Rs. 25 lakhs @ 10.50%(2) Upto Rs.50 lakhs @ 11.90% (3)Above Rs. 50 lakhs @ 12.90%
· Repayment : 120months
Installment loans are personal or commercial loans that you can repay with regularly scheduled payments or installments.
· Limit : Rs. 200.00lakhs as per exposure limit
· Rate of Interest (1) Upto Rs. 25 lakhs @ 10.50%(2) Upto Rs.50 lakhs @ 11.90% (3)Above Rs. 50 lakhs @ 12.90%
· Repayment : 120months