दि. जालना पिपल्स को-ऑप बँक लि. जालना (The Jalna People's Co-Op Bank Ltd)

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Employer Guarantor Loan

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Employer Guarantor Loan

Short-term financial assistance for salaried individuals with employer guarantee support.

Purpose

The Employer Guarantor Loan (Short Term Loan) is designed to provide quick financial assistance to salaried individuals, with the employer acting as a guarantor for the loan.

Eligibility
  • Salaried employees of approved organizations
  • Employer willing to provide guarantee letter
  • Minimum service period as per bank norms
  • Age and income criteria as applicable
Interest Rate

14% (2% Extra Penal Interest)

Repayment Period

24 Months

Guarantor

Two guarantors of good means are required.

Security

As per bank norms.

Document Checklist
  • Identity proof (Aadhaar, PAN, etc.)
  • Address proof
  • Income proof (Salary slips / Form 16)
  • Employment ID card
  • Employer guarantee letter
  • Any additional documents as per bank policy