💼 Government Employees Personal Loan Scheme
Are you a Government employee looking for quick financial assistance? Apply now for our Special Personal Loan Scheme for Government Employees and get the cash you need instantly. We provide fast, hassle-free loans at attractive interest rates.
🎯 Purpose
The purpose of this scheme is to provide quick and convenient financial support to Government employees for any personal need.
👥 Eligibility
- Employees of State Government, Central Government, Public Sector Organizations, Companies, or any institution where Provident Fund is deducted.
- After including the proposed loan’s EMI, the total salary deduction should not exceed 50% of the employee’s gross salary.
- Applicant must be a permanent employee.
- Income Certificate is mandatory.
💰 Loan Amount & Tenure
- Loan Amount: ₹1,00,000/- or 12 months’ salary (whichever is lower)
- Loan Tenure: Up to 5 years
📈 Rate of Interest
As applicable from time to time. (Please refer to the Current Rate Chart at your nearest branch.)
🔐 Security
- Salary Certificate
- Two Guarantors
- 24 Post-Dated Cheques (for repayment of principal and interest)
💳 Repayment
Monthly installment (EMI) will be deducted directly from the salary account of the employee. If the salary is credited through the bank’s savings account, the EMI will be deducted from that account automatically, or through the post-dated cheques provided at the time of loan approval.
** Terms & Conditions Apply **
For more information, please contact your nearest branch.
💼 LIC / Insurance Agents Personal Loan Scheme
Government employees and now LIC agents can get personal loans for any personal or professional need. Apply today and get the funds you need quickly through our Special Loan Scheme for LIC Agents. This facility will soon be extended to other insurance agents as well.
🎯 Purpose
To provide financial support to LIC agents for meeting their personal or professional requirements. The scheme is presently available for LIC agents and will be extended to other insurance agents in the near future.
👥 Eligibility
- The applicant must be a Club Member.
- The average annual renewal premium for the last 3 years should be more than ₹60,000/-.
- The applicant must have been residing at the same place for the last 3 years continuously.
- The commission payee bank for the LIC branch should be Jalore Nagrik Sahakari Bank Ltd.
💰 Loan Amount & Tenure
- Loan Amount: 50% of renewal commission or ₹1,00,000/- (whichever is less)
- Loan Tenure: Up to 5 years
📈 Rate of Interest
As applicable from time to time. (Please refer to the Current Rate Chart at your nearest branch.)
🔐 Security
- Two Income Tax Payers as guarantors
💳 Repayment
Repayment can be made by commission cheque (LIC branch) or directly from the savings account through post-dated cheques submitted at the time of loan approval.
** Terms & Conditions Apply **
For more information, please contact your nearest branch.
💰 Personal Loan Scheme
Now you can get a personal loan for your day-to-day needs and special occasions. Whether it’s for a marriage, family function, medical emergency, education, or travel — we are here to help you meet your financial requirements with ease.
🎯 Purpose
To provide financial assistance for Marriage, Family Functions, Medical Expenses, Educational Expenses, Travels and other personal needs.
👥 Eligibility
- Government employees of public sector undertakings
- Employees of private businesses, companies, institutions, and educational organizations
- Self-employed individuals with regular income
💰 Loan Amount & Tenure
- Maximum Loan Amount: ₹2,00,000 (Two Lakhs only)
- Loan Tenure: Up to 5 years
📈 Rate of Interest
As applicable from time to time. (Please refer to the Current Rate Chart at your nearest branch.)
🔐 Security
- Equitable mortgage of fixed property or income certificate
- Two guarantors — Bank Members or Income Tax Payers
- Advance charges as applicable
💳 Repayment
Repayment through maximum 60 EMIs (monthly installments).
** Terms & Conditions Apply **
For further information, please contact your nearest branch of Jalore Nagrik Sahakari Bank Ltd.