Rs.2 lacs. EMI (Equated Monthly Instalment amount)
Xerox copy of the PPO showing the spouse’s name
Xerox copy of the Front page of the SB pass book
It is a term loan. No other charges except a revenuStamp.
There are about 20 lakhs exservicemen in the country. They are the most valuable human resources that the country can make use of. The objective of this blog is to provide a medium for exchanging views & educating the veterans of the Armed Forces by disseminating important information. The Blog at http://indianexserviceman.blogspot.com has been conceived by a team comprising of Sgt.C.Muthukrishnan & Sgt.S.Kandiah (Veterans of IAF) under the guidance of Lt.Col.James Kanagaraj.
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"நாட்டுக்காக உயிர் நீத்தவர்களை நினைக்காதநாடு இனி யாரும் அதற்காக உயிர் விடும் தகுதியை இழந்துவிடும்."
PENSION GUIDE BOOK IN HINDI AVAILABLE FREE DOWNLOAD. CLICK HERE.
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21 comments:
Thank you for the valuable information and we hope that eligible ESMs are utilizing the opportunity.
kanthiah
14.5 percent interest is too high .Is it a welfare to exservicemen by SBI? Certainly not. One can get loan from anywhere with 14.5 percent interest.
At this high interest rate, my common sense dont say it is a welfare oriented scheme for jawans, but for the welfare of SBI.
laon sanctioned upto 50 years age may extend the age limit. Recently retired jawans are getting lump sum amount. This loan is infact required for pre-1996 pensioners who received less amount.
upper age limit may be extended. this loan is required for pre-1996 pensioners.
upper age limit may be extended. this loan in fact is required for pre-1996 pensioners.
upper age limit may be extended. this loan in fact is required for pre-1996 pensioners.
Welfare of SBI. (not Exservicemen)
14.5 % loan is the highest i ever heard.
welfare of SBI(not Jawans)
14.5 % is the highest interest rate.
Private Banks are also offering the same.
I am K Ravichandra reddy retired from
Navy and approached my pension paying
SBI Branch for Jaijawan loan.The bank
is asking for the official Circular
issued by the Bank authorities.Can any body help me in this mateer by
providing the circular in question?
with regards
I have been retired from navy and
applied for Jaijawan loan.Bank is
asking for official circular issued
by Bank authorities ragarding the
loan.Can any body help me in this
matter.
with regards
sir is it possible to increase the loan amount of jai jawan up to 3 lakh , because all are the ex services man getting pension above 10,000/- x 40% = 4000 x 84 month = 3,36,000/- , i request you to consider as soon as possible please
hai i am also an exservicemen and i have availed this loan.. intrest rate is around 14.5%.. i bought this loan in Nov 2011 and upto this feb 2013, i could not be able to see that my principal amount is not even reduced to 1/3rd of the loan amount...worst loan ever given to an XSM.. iu am going to close this loan as early as possible ... If any urgency, then go for this kind of loan...
Hi Dear,
If you have a pension account with SBI, then do visit them and ask for the loan on pension account.
best regards
How to download the Jai jawan loan application?
How to download the jai jawan loan application
How much interest rates on fixed deposit in MIS for ex servicemen
I have an idea.
Why we should go to a bank for a loan. Why cant we (team of ex-servicemen) start/create start-up/venture with local defence authority in a proper way to start our own banking system for the benefit of serving as well as retired personnel.
Our local units must have deposited their regimental fund in the local bank and earn interest. With the money deposited in the bank use it as a capital and can give loan to needy service and retired person from the capital with no profit no loss basis or take minimum charges to run the show but we should have a clear understanding with the record office in case of defaulter due to any reason the money should come from his/her account/salary/pension.
Thanks
I m exservesmen
I m exservesmen
Thanks for the info.
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