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.

Avail Loan upto Rs.3 Lacs

Nil Processing Fees

Nil Collateral Security

Zero prepayment charges

All you need to know

Enquire Online

Loan Limit : Net salary of last 3 months OR Maximum upto Rs. 3 Lacs whichever is lower
Pre-Payment Penalty : Nil
Rate of Interest : 11.70% * p.a
Repayment Period : Annual review and renewal of the account

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

* “Conditions Apply. Loan at the sole discretion of the Bank”