हिंदी में पढ़े
Offered to government and private sector employees, pensioners, self- employed professionals and businessman, Jammu and Kashmir Bank Marriage Loan is an ideal choice to make when you are unable to deal with the wedding expenses with your savings. You can avail a personal loan from Jammu and Kashmir amount of upto Rs. 10 lakh which can be repaid maximum by 84 months.
Jammu and Kashmir Bank Marriage Loan – Interest Rates
Jammu and Kashmir Bank takes care of your marriage loan EMIs and ensures to offer affordable interest rates. The interest rates start from Applicable MCLR +3.00% and may differ for each category (to government and private sector employees, pensioners, self- employed professionals and businessman) as an interest rate is influenced by your age, credit score, employment, repayment history, etc.
Eligibility Criteria
- You should be permanent Employees of State/Central Govt., Public Sector Undertakings, Autonomous Bodies & Institutions.
Or
A professional like doctor (MBBS, BDS etc.), Engineer, Architect, CA’s & Lawyer who is self-employed and earn his income by virtue of his profession.
Or
Central/State Government Pensioner drawing pension through the bank including family pensioner.
Or
A business having minimum three years of satisfactory dealings with our bank and availing loan facilities in the shape of cash credit/secured overdraft/term loans or an existing borrower having Platinum & Gold Current Account holders with minimum 1-year standing in the said category with 2 penalties (maximum) for not maintaining AMB during the period.
Documents Required
Jammu and Kashmir Bank Marriage Loan is offered to different categories of people and hence the documents may vary. However, the basic documents that may be required by each of the category are as follows:
- Identity proof: Passport, Pan Card, Voter Identity Card, Driving License, Aadhaar Card.
- Address proof: Ration Card, Bank Account Statement, Passport, Driving License, Electricity Bill, Telephone Bill, Sale Deed/Property purchase agreement(for owned properties), Aadhaar Card.
- Income proof: Bank Account Statement, Salary Slips.
EMI Calculator
Monthly EMI ₹ 15,622
Total Amount Payble ₹ 5,62,395(Principal + interest)
Principal Amount ₹ 5,00,000
Total Interest Payble ₹ 62,395
Personal Loan at Attractive Interest Rates Apply Now
FAQs
Q. How do I get in touch with the customer care of Jammu and Kashmir Bank?
- You can call on 0194-2481999
- You can visit the nearest branch
Q. What is the processing fee of Jammu and Kashmir Bank Marriage Loan?
| For Salaried Employees | NIL |
| For Self- Employed Professionals | 0.50 % of loan amount + GST with minimum Rs.500 + GST |
| For Pensioners | NIL |
| For Businessman | Rs. 1000 + GST |
Q. I am a pensioner. How much loan amount can I avail from Jammu and Kashmir Bank?
| Up to the age of 70 Years | 18 months’ net pension |
| Above age of 70 years and upto the age of 75 years | 12 months’ net pension |
| Family Pensioner Upto the age of 70 years | 12 months net’ pension or Rs.2 lakh whichever is lower |