TJSB Salary Overdraft Facility
TJSB Salary Overdraft Facility is a scheme to enhance the financial flexibility of confirmed employees affected due to the unforeseen pandemic Covid – 19.
All you need to know
To meet personal financial needs
- Loan Limit : Net salary of last 3 months OR Maximum upto Rs. 3 Lacs whichever is lower
- Pre-Payment Penalty : Nil
- Rate of Interest : 11.00%* p.a.
- Repayment Period : 3 years
Who can Apply
Confirmed employee of Govt./Semi Govt. Establishments/Body Corporates/SMEs/Education Institutes/Hospitals, etc. With good credentials
Duly filled form with :
i. Income Proof of Applicant(s) & Guarantor(s)
ii. Residential Proof of Applicant(s) & Guarantor(s)
iii. PAN Card of Applicant(s) & Guarantor(s)
iv. KYC of Applicant(s) & Guarantor(s)
- Prime Security : Undertaking from employer for salary remittance to TJSB Sahakari Bank Ltd.
- Guarantors : Minimum one guarantor
- Group Finance : Joint Membership
- Individual : As per extant guidelines