Eligibility :

• Member of the JANASAMRUDDHI
• The applicant should be regular member or nominal member of bank.
• Applicant/parents should have banking relation with our bank.
• The student should be an Indian Resident.
• The student should have secured admission to professional/technical course in India or abroad through entrance test /merit based selection process.
• Courses through Educational Institutes / Organizations of repute & recognition will be eligible for loan limit.

Repayment Details

By EMI or Regular.

Processing Charges & Service Tax

Processing Fees and Other Charges (Inclusive) PLUS Service Tax as applicable.

Supporting Documents for Loan Sanctioning

• Pass port
• PAN card
• Voters Identity Card
• Driving License

• Telephone Bill
• Letter from any recognized Public Authority
• Electricity Bill
• Ration Card
• Letter from employer subject to satisfaction on Bank
• Properly Tax Book/Receipt
• Registered Lease Deed
• Application on Prescribed form
• Two photographs of Borrower and Guarantors
• Address proof of Borrower and Guarantors (copy of Ration Card, Election card, Telephone bill, Driving License etc.)
• Income proof, Copy of Income Tax Return, Financial Statement of the Firm, Sales Tax returns etc.
• Profile of Guarantors.
• Loan should be guaranteed by three financially sound Guarantors having net individual worth twice the loan amount.
• Any other marketable security.