What is personal loan?
A personal loan is an unsecured loan. It helps you meet your urgent money needs. Therefore, there is no need to give a security. We give the best loan offers on personal loan for Jammu and Kashmir Govt employees at bookmyloans.in. So, Apply online to book your personal loan now.
What is the eligibility for a personal loan for Jammu and Kashmir Govt employees?
|Age Criteria||21-65 years of age.|
|Work Experience||Min. 6 months in the current organisation. (Preferred)|
|Total Work Exp.||At least 3 years.(Preferred)|
|Min. Net Income||At least, Rs. 20000/- p.m.|
(may vary according to your profile)
|CIBIL||720 or more with a good credit history.|
What are the documents needed for a personal loan?
|Identity Proof||Passport; PAN or Aadhar Card;Voter ID; Driving license. |
|Residential Proof||Passport; Driving License; Voter ID;Electricity bill.|
|Income Proof||Last 3 months’ income slip as well as 6 months’ bank statement. Form 16 (last 2 years)|
|Age Proof||Passport; PAN Card; Birth Certificate; Employee ID Card|
What are the benefits for Jammu and Kashmir Govt employees?
|Interest rates start @11.49%*. (HDFC Bank and ICICI Bank)|
|Special offers for govt. and PSU employees.|
|Pensioners: Banks offer loans for pensioners at lowest rates. Maximum age limit is 76 years; loan tenure is 5 years.|
|GOVERNMENT BODY||ADDITIONAL BENEFITS ON PERSONAL LOANS|
|Maharatna PSU||1.Maharatna PSU’s -Companies with an annual net profit of 5000 crores. These are BHEL, SAIL, ONGC, NTPC, Coal India, IOC and Steel Authority of India.|
|Navratna PSU||1. These are categorized on the basis of -total production cost; total labor cost; net worth; net profit. |
2.There are 17 Navratnas.
|Public Sector Banks||1.Personal Loan rates start at 13.25%.|
|Railways||1.Indian Railways are owned by the Govt of India. And, managed by the Ministry of Railways. |
2.Personal Loans for Railway employees start at 12.25%
|Central Government Enterprise||1.Universities employees, under the direct control of the Central Govt, enjoy top financing options. |
2. Personal Loan rates start at 12.25%
|State Government Enterprise||1.Employees working in universities, institutes under Jammu and Kashmir govt also enjoy special loan offers. |
2. Personal Loans for Central Govt. Employees start at 12.25%
Fees and Charges
|Processing charges||Upto 2% (Varies from bank to bank)|
|Pre-closure charges||NIL to 5%. (Varies from bank to bank )|