Schemes
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Flexi Loan
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Flexi Overdraft
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Facility
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Term Loan
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Business Overdraft
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Purpose
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- For any bonafide business expenditure like expenditure for acquisition of assets.
- For any personal expenditure like medical expenses, marriage expenses or expenses for any family function etc.
- For purchase of land for industrial purpose.
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To meet the day to day expenses &/or working capital needs of the business.
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Eligibility
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Any Individual, Business entity, Professional,
Self employed or Salaried person.
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Any Individual, Business entity, Professional,
Self employed.
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Margin
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30% of the market value of the property.
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35 % of the market value of the property.
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Security
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Mortgage of landed property like residential flat, bungalow, shop etc. owned by the applicant or a third party.
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Mortgage of landed property like residential flat, bungalow, shop etc. owned by the applicant or a third party.
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Loan Limit
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70% of the market value of the property as certified by our bank's empanelled value.
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The limit will be subject to a ceiling of 20% of projected turnover or 65% of the market value of the property as certified by our bank's empanelled value whichever is lower.
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Interest Rates
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For More information please contact nearest DNS bank branch.
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For More information please contact nearest DNS bank branch.
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Repayment Period
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7 years extendable to 10 years.
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Renewable after every 12 months.
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Guarantor
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The mortage loan will be secured by a personal guarantor of a person of good net worth and income acceptable to the bank.
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The mortage loan will be secured by a personal guarantor of a person of good net worth and income acceptable to the bank..
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*Terms & Conditions Apply.
For Details, please visit nearest Branch.