The Loan of little happiness in life - J & K Bank

1. The Loan of little happiness in life - J & K Bank Consumer loan was not an easy nut to crack before the advent of J&K bank. A bank that serves for empowerment. The bank offers consumer loans for individuals to make their lives run at a smooth pace. The Consumer loan is for the purchase of washing machines, refrigerators, water purifiers, geysers, vacuum cleaners, etc. Following are the eligible applicants: Teachers who are under rehabber-a-taleem. Professionals, self-employed individuals including businessmen. Permanent employees of undertakings& autonomous bodies state/central government, government/semi-government Employees on Adhoc basis are not eligible. The Age of the applicant should be a minimum of 21 years. Considering today’s increasing inflation the maximum tenor for repayment is 48 months. Collateral is nil for the following: Permanent government employees drawing their salaries through braches where the letter of confirmation is available. Customers with a fixed deposit account of more than Rs 5 lakh in the business unit. Coming to processing charges , they are highly feasible. For loans up to Rs. 75000 they are Rs 250 and applicable GST. FOR loans above Rs 75001 it is Rs 500 and applicable GST. Applicants always aspire for a quick loan but it depends on the credit score. The higher the credit score is the lower an interest rate is. Other determining factors that determine interest include income and current liabilities. If one earns a high level of income, one can negotiate for a low-interest rate. The

2. documents will vary for a salaried applicant and a non-salaried applicant. However, Documents like ID proof, PAN card, adhaar card , and passport sized photographs are common. The Latest modifications in banking services of J&K bank include mobile banking, instant payments, internet banking, etc. It caters to its customers by providing help centers such as ATM& branch locator, loan application tracker, interest rates. Provides doorstep banking to senior citizens and differently- abled persons. It’s time to choose a bank that can cater to the basic needs of customers and provide convenience, a bank that not only functions as a bank but a well-wisher and support its customers through all the possible ways it can. J&K bank is the one that fulfills all the requirements of its customers. Visit: https://www.jkbank.com/loans/personal/consumerLoan.php Find Us Social: Facebook- http://www.facebook.com/jnkbank Twitter- https://twitter.com/jandkbank Linkeden- https://www.linkedin.com/company/jandkbank Thank You