Janata Sahakari Bank Ltd Home Loan Interest Rate at 8.10% to 8.40%
| INTEREST RATE | 8.10% to 8.40% |
| LOAN TENURE | 15 Years |
| PROCESSING FEE | As decided by the bank from time to time |
| GUARANTOR REQUIRED | Yes |
| PRE CLOSURE CHARGES | Nil |
Calculate Janata Sahakari Bank Ltd Home Loan EMI Calculate EMI Now
About Janata Sahakari Bank Ltd
Janata Sahakari Bank Ltd is a Co-operative bank in india. Janata Sahakari Bank Ltd was founded on 18-10-1949. 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 Janata Sahakari Bank Ltd which includes Janata Sahakari Bank Ltd Official Website, Janata Sahakari Bank Ltd ATMs accross the India, Janata Sahakari Bank Ltd Branches accross the India, Janata Sahakari Bank Ltd Contact Numbers, Janata Sahakari Bank Ltd official EmailID, Janata Sahakari Bank Ltd Headquarter and Janata Sahakari Bank Ltd Headquarter Address. Find Janata Sahakari Bank Ltd Home loan purpose, Eligibility, Margin, Repayment of Home Loan ,Security, Document Required for Home Loan from below.
Why Janata Sahakari Bank Ltd Home Loan?
- Janata Sahakari Bank Ltd provides a range of Home Loan Schemes designed for different needs of customers
- Interest Rate is very competitive and affordable
- Minimal Documentation
- It provides Flexible Repayment Options to the borrowers
- Easy and fast approval & disbursal of home loans
- Has dedicated team of well-experienced employees which also offer personalised service
- 24/7 customer care service of Janata Sahakari Bank Ltd offers timely assistance to the customers
Janata Sahakari Bank Ltd Home Loan Purpose
To construct House / Flat / Bungalow, purchase new House / Flat or repairing of House / Flat.Janata Sahakari Bank Ltd Home Loan Eligibility
- The applicant must be an Indian citizen or a fully documented NRI. He, essentially, must be a Person of Indian Origin (PIO).
- The applicant's age must be in the range of 18 years and 70 years at the time of loan maturity.
- The applicant must be salaried or self-employed with a regular income.
- The applicant must earn more than the minimum required income.
Janata Sahakari Bank Ltd Home Loan Document Required
- Duly filled and signed application form with photograph
- Identity Proof- Aadhar Card, PAN Card, Passport, Driving License, Voter id card, ID-card issued by Government
- Address Proof - Aadhar Card, Passport, Driving License, Voter id card, Electricity/ Telephone/ Post-Paid Mobile bill, Bank statement
- Age Proof - Passport, Birth Certificate, PAN card, Driving License, Voter id card, Employee ID card (only for PSU/ Government employees), School/ College leaving certificate
- Form 16
- Latest 6 months salary slips for salaried persons
- Bank Statement of last 6 months
- Income Tax Returns (ITR) of last 3 years
- Last 3 years CA Certified or Audited Balance Sheet and Profit & Loss Account
- Processing fee Cheque
- Copies of the title documents of the property and the approved plan
- For Construction/ Renovation case, cost estimate from the Architect
Tax Benefits of availing Janata Sahakari Bank Ltd Home Loan
There are two types of tax benefits associated with home loan for Resident Indians:
Repayment of the Principal Amount: One can get a Tax rebate under section 80C of the Income Tax Act on whole amount repaid by him in a financial year, maximum upto Rs. 1,50,000/- each financial year (Increased from 1 Lakh to Rs. 1.5 Lakh in Budget 2014).
Repayment of the Interest on Home Loan: Tax Benefit on Home Loan for payment of Interest is allowed as a deduction under Section 24(1) of the Income Tax Act. One is eligible for a Tax Rebate of maximum of Rs. 2 lakh per financial year for home loan interest paid by him/her during that financial year.
Janata Sahakari Bank Ltd Home Loan Amount
85% of Agreement price of Flat / Row House + Stamp DutyMaximum 50 Lacs
Margin
15% of Agreement price of Flat / Row House + Stamp DutyJanata Sahakari Bank Ltd Home Loan Repayment
Maximum of 10 years.Security
Simple Mortgage of the PropertyGuarantors : One guarantor acceptable to bank.
In Case of Prepayment of Janata Sahakari Bank Ltd Home Loan, will EMI change?
One can pre-pay Janata Sahakari Bank Ltd Home Loan without any prepayment charges as it allows prepayment at nil charges in case of floating rate home loans. If the borrower makes a prepayment, the outstanding balance of principal amount of his home loan reduces. Then in that case he has following 2 options:
- He can continue with the existing and reduce the loan tenure
- He can reduce the EMI and keep the loan tenure the same
Out of above 2 options, first option is more beneficial for the borrower as he pay less interest to the bank as the pay off home loan will be faster.
How to reduce your Home Loan EMI?
- Negotiate with your banker on lower interest rate
- Apply for longer tenure
- Give maximum amount as down payment
- Pre-pay loan amount
- Switch to another bank/ FI offering lower interest rate
Contact details of Janata Sahakari Bank Ltd, Janata Sahakari Bank Ltd SMS balance check number SMS banking, Janata Sahakari Bank Ltd mobile banking, Janata Sahakari Bank Ltd toll free number,Janata Sahakari Bank Ltd toll free number 24*7, Janata Sahakari Bank Ltd miss call number.
- CUSTOMER CARE NUMBERS - 18002333258, 020 - 24404444
- CONTACT NUMBERS - 020 -2445 3258, 2445 3259, 020 - 24404444, Fax : 020- 2445 3430
Janata Sahakari Bank Ltd Contact Details
- BANK OFFICIAL WEBSITE - https://www.janatabankpune.com
- CONTACT NUMBERS - 020 -2445 3258, 2445 3259, 020 - 24404444, Fax : 020- 2445 3430
- EMAIL ID - [email protected], [email protected]
- CUSTOMER CARE NO. - 18002333258, 020 - 24404444
- TOTAL BRANCHES - 90
- TOTAL ATMS - 52
- HEADQUARTER - Pune
- BANK ADDRESS - 1444,Shukrwar Peth,Thorle Bajirao Road,Pune, Maharashtra Pincode-411002
Janata Sahakari Bank Ltd Home Loan FAQs Home Loan Document Required
