Professional Documents
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' ' ' ' ' ' Irrigation & Flood Control ': Karan Bagh
' ' ' ' ' ' Irrigation & Flood Control ': Karan Bagh
Third party guarantee/s as offered/proposed by applicant and voluntarily agreed by, namely:
1) Name: 2) Name:
S/W/D of S/W/D of
Address: Address:
Designation: Designation:
Department: Department:
Since the applicant fulfils the eligibility criteria, a Car Term Loan facility to the tune of
` 300,000.00 (Rupees Three lacs only ) is recommended for sanction in
favour of the applicant for a period of 06 (Six) years under J&K Bank Car Finance Scheme (Fresh Cars).
The term loan amount together with interest will be repaid in 59 Equated Monthly Installments of
` 6,480.00 (Rupees Six thousand four hundred eighty only ) each starting one month from th
date of disbursement @ 3YearMCLR( 9.60% ) + 0.50% , i.e., 10.10% ( fixed ) at present with
monthly rests or such other rate of interest as may be prescribed by the Bank from time to time.
All other terms and conditions governing such type of loans and advances shall also apply.
(Guarantor-1) (Guarantor-2)
Personal Consumption J&K Bank Saholiat/Saral Finance Scheme.
Consumer JK Bank Consumer Loan Scheme for Individuals.
Car J&K Bank Car Finance Scheme (Fresh Cars).
2-Wheeler J&K Bank Two Wheeler Finance Scheme.