I want to apply for Consumer Loan in Jammu & Kashmir Bank so can you please provide me details of the loan?

[prince karak]

The Jammu & Kashmir Bank offer Consumer Loan for purchase of durable consumer goods

Consumer Loan

Purpose

Loan is granted for purchase of durable consumer goods like

Desktop Computer ( P.C )/ Laptop
Motor Cycle / Scooter / Air Conditioner
Color TV / DVD Player/ VCR / Generator/ Washing Machine (automatic) / Cooking range.
Refrigerator / Dish Antenna/DTH Equipment/ Kerosene Room Heater/ Washing machine
Vacuum cleaner
Water Filter cum purifier / CD Players /Cassette Players / Geyser / Cooler, etc.

Eligibility-

Employees of Govt., Semi-Govt., Civic Bodies, Self employed (with assured income).

Scale of Finance-

3000 to 40,000 per Article

Maximum Finance-

75000 subject to 12 times net monthly Salary. (More than one article/Durable)

Security-

Primary: Hypothecation of article financed .
Collateral: Third party Guarantee of one person.

Repayment-

60 months

Margin-

25 %

Contact-

The Jammu & Kashmir Bank Ltd.
Corporate Headquarters
M.A Road
Srinagar, J&K , India

Phone : 0194-2481900,
Fax: 0194-2481902

Board line Numbers: (+91- 0194) 2481930 -2481935