Tjsb Sahakari Bank Ltd Education Loan Interest Rate
| INTEREST RATE | 9.55% |
| LOAN TENURE | In 144 months including the Holiday | Moratorium Period |
| PROCESSING FEE | As decided by the bank from time to time |
| GUARANTOR REQUIRED | Yes |
| PRE CLOSURE CHARGES | As decided by the bank from time to time |
About Tjsb Sahakari Bank Ltd
Tjsb Sahakari Bank Ltd is a Co-operative bank in india. It has headquarter in Mumbai. Tjsb Sahakari Bank Ltd was founded on 1972. It has 206 branches and
It provides all the financial services to its customers like saving deposit, fixed deposit, recurring deposit, home loans, personal loan, car loan, education loan, gold loan, PPF account, lockers, netbanking, mobile banking, RTGS, NEFT, IMPS, E-Wallet, Atal Pension Yojana, Pradhan Mantri Jandhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and many more.
Find details about Tjsb Sahakari Bank Ltd which includes Tjsb Sahakari Bank Ltd Official Website, Tjsb Sahakari Bank Ltd ATMs accross the India, Tjsb Sahakari Bank Ltd Branches accross the India, Tjsb Sahakari Bank Ltd Contact Numbers, Tjsb Sahakari Bank Ltd official EmailID, Tjsb Sahakari Bank Ltd Headquarter and Tjsb Sahakari Bank Ltd Headquarter Address. Find Tjsb Sahakari Bank Ltd Education loan purpos, Eligibility, Margin, Repayment of Education Loan ,Security, Documents Required for Education Loan from below.
Other Products of Tjsb Sahakari Bank Ltd:
| Home Loan | Personal Loan |
| Education Loan | Business Loan |
| Car Loan | Two Wheeler Loan |
| Gold Loan | FD Interest Rates |
| Tjsb Sahakari Bank Ltd RD Interest Rates | Tjsb Sahakari Bank Ltd ATMs Location |
| PPF Account |
Tjsb Sahakari Bank Ltd Education Loan Purpose
Tjsb Sahakari Bank Ltd Eligible Courses for Education Loan
For studies in India:- Approved courses leading to graduate|post graduate degree and P G diplomas conducted by recognized colleges|universities recognized by UGC|Govt.| AICTE| AIBMS| ICMR etc.
- Courses like I.C.W.A., C.A., C.F.A., etc.
- Courses conducted by IIMs, IITs, IISc, XLRI, NIFT, NIDetc.
- Approved courses offered in India by reputed foreign universities.
- Regular Degree|Diploma courses like Aeronautical, pilot training, shipping, degree|diploma in nursing or any other discipline.approved by Director General of Civil Aviation|Shipping|Indian Nursing Council or any other regulatory body as the case may be, if the course is pursued in India.
- Approved by Head Office and included in approved educational institutions list.
- Graduation: For job-oriented professional|technical courses offered by reputed universities. (Diploma|Certification courses are not permissible)
- Post Graduation: Courses like MCA, MBA, MS etc.
- Courses conducted by CIMA-London, CPA in USA etc.
- Degree | Diploma: Courses like Aeronautical, Pilot training, and Shipping etc. provided these are recognized by competent regulatory bodies in India| abroad for the purpose of employment in India and abroad.
Tjsb Sahakari Bank Ltd Education Loan Document Required
For salaried individuals
- Duly filled up and signed education loan application form along with photographs
- KYC (Know Your Customer)documents
- Proof of identity- Passport, Voter ID card, Driving license, PAN card, Aadhar Card, Government department ID card
- Latest salary slip showing all deductions or Form 16 along with recent salary certificate
- Proof of residence - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement
- Bank Statement or Bank Pass Book of having entries of last 6 months
- Guarantor Form, Copy of admission letter or the Institute along with Fees schedule (Optional)
- Mark sheets/pass certificates of S.S.C., H.S.C, Degree courses (Optional)
- Detailed break-up of the costs of the course (Optional)
For all individuals except salaried
- Duly filled up and signed education loan application form along with photographs
- KYC (Know Your Customer)documents
- IT returns of the last 2 years and computation of income of last 2 years certified by a Chartered Accountant
- Proof of identity- Passport, Voter ID card, Driving license, PAN card, Aadhar Card, Government department ID card
- Proof of residence - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement
- Bank Statement or Bank Pass Book of having entries of last 6 months
- Guarantor Form, Copy of admission letter or the Institute along with Fees schedule (Optional)
- Mark sheets/pass certificates of S.S.C., H.S.C, Degree courses (Optional)
- Detailed break-up of the costs of the course (Optional)
Tjsb Sahakari Bank Ltd Education Loan Amount
Maximum Upto Rs. 60.00 Lakh.Margin
The margin amount may be varied by the bank at its discretion.Tjsb Sahakari Bank Ltd Education Loan Repayment
144 months including Moratorium period.Moratorium Period : Duration of course plus an additional period of six months or 36 months whichever is less.
Security
i. Upto Rs. 5.00 Lakh - No Security. Only to take co-obligation of Parents & Assignment of future Income of student.ii. Above Rs. 5.00 Lakh - Co-obligation of parents together with tangible security covering remaining exposure above Rs. 5.00 Lakh with assignment of future income of students. The security can be in the form of Immovable property, NSC, KVP, LIP, Bank Deposits etc.
At least one Guarantor and Security holders to be also taken as guarantors.
Mode of Repayment of Education Loan
Post Dated Cheque (PDC): PDCs are given by the borrower in advance to the bank. They will be for future dates. Bank will deposit the cheque on the date mentioned on the cheque. This mode used to be opted by the borrowers when there were no online repayment options available. This mode is no longer popular and is used by very few borrowers.
Electronic Clearance System (ECS): This mode is very popular and most of the borrowers opted for this mode of repaying the loan. It is an electronic mode for transferring the EMI from borrower's bank to lender's bank.
National Automated Clearing House (NACH): NACH is a facility offered by National Payment Corporation of India (NPCI) for online transfer of funds on due date. This system has come into force recently and is preferred by many people. The benefit of this mode is that it allows transactions to be processed in real time.
Standing Instruction (SI): It is an order or instruction which the account holder gives to his/ her bank to pay a fixed amount to another bank/ account at a regular interval. It is also used by many borrowers to pay EMIs as EMI is a fixed amount. SI is not suitable for variable amounts.
Contact details of Tjsb Sahakari Bank Ltd, Tjsb Sahakari Bank Ltd SMS balance check number SMS banking, Tjsb Sahakari Bank Ltd mobile banking, Tjsb Sahakari Bank Ltd toll free number,Tjsb Sahakari Bank Ltd toll free number 24*7, Tjsb Sahakari Bank Ltd miss call number.
- MISSED CALL NUMBERS - 9212005550
- CUSTOMER CARE NUMBERS - 1800223466, 18002663466
- CONTACT NUMBERS - 022-25878500, 1800223466, 18002663466
Tjsb Sahakari Bank Ltd Contact Details
- BANK OFFICIAL WEBSITE - https://www.tjsbbank.co.in
- CONTACT NUMBERS - 022-25878500, 1800223466, 18002663466
- EMAIL ID - [email protected]
- MISSED CALL NO. - 9212005550
- CUSTOMER CARE NO. - 1800223466, 18002663466
- TOTAL BRANCHES - 206
- TOTAL ATMS - 130
- HEADQUARTER - Mumbai
- BANK ADDRESS - TJSB House, Plot No. B-5, Road No.2, Wagle Industrial Estate, Thane (W) - 400604
Tjsb Sahakari Bank Ltd Education Loan FAQs Education Loan Document Required
