The Government of Jammu & Kashmir is the supreme governing authority of Jammu & Kashmir and its divisions and districts. It employs a substantial no of employees across all departments. Personal Loan For Jammu & Kashmir Government Employees can help them take care of their crisis.
What is a 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 & Kashmir Government Employees at www.loannow.in. So, Apply online to book your personal loan now!
What is the Eligibility to avail a Personal loan For Jammu & Kashmir Government Employees?
| Age Criteria | 21-65 years of age. |
| Work Experience | Min. 6 months of experience in the current organisation. (Preferred) |
| Total Work Exp. | At least 3 years of total experience.(Preferred) |
| Min. Net Income | At least, Rs. 20000/- per month. (may vary depending upon your profile). |
| CIBIL | 720 or more with a good credit history. |
What are the documents needed for availing a Personal Loan?
| Identity Proof | Passport; PAN or Aadhar Card; Voter ID; Driving license. 2 Photographs. |
| Residential Proof | Passport; Driving License; Voter ID;Electricity bill. |
| Income Proof | Latest 3 months income slip as well as 6 months bank account statement. Also, Form 16 of last 2 years |
| Age Proof | Passport, PAN Card, Birth Certificate, Employee ID Card |
What are the benefits offered on Personal Loan For Jammu & Kashmir Government Employees?
| Interest rates for Personal loans for government employees starts @11.49%. (HDFC Bank and ICICI Bank) |
| Special offers available for government employees and public sector undertakings. |
| Pensioners: Banks offer loans for pensioners at lowest rates. Pensioners can get a Personal Loan for 5 years provided their age is atmost 76 years |
| GOVERNMENT BODY | ADDITIONAL BENEFITS ON PERSONAL LOANS |
| Maharatna PSU | >Companies grossing annual net profit of 5000 cr > There are 7 PSU’s like BHEL, SAIL etc. Personal Loan for these employees start at 11.49% |
| Navratna PSU | >There are 17 Navratna companies at present which include Hindustan Aeronautics, Bharat Petroleum etc. ROI for Personal Loans start at 11.49% |
| Public Sector Banks | >Banks having a 50% or govt share These include SBI, PNB, Bank of Baroda etc. >ROI for Personal Loans start at 11.49% |
| Railways | >Indian Railways are owned by the Government of India. It is managed by the Ministry of Railways ROI for Personal Loans start at 12.25% |
| Central Government Enterprise | >University Employees are provided with a host of options to enable them to avail a Personal Loan >Personal Loans for Central Govt Employees start at 12.25% |
| State Government Enterprise | >University Employees are provided with a host of options to enable them to avail a Personal Loan >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% on outstanding loan amount. ( Varies from bank to bank ) |
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