Flexi Advances

    
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Schemes

Flexi Loan

Flexi Overdraft

Facility

Term Loan

Business Overdraft

Purpose

 

  • 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.

 

To meet the day to day expenses &/or working capital needs of the business.

Eligibility

Any Individual, Business entity, Professional,
Self employed or Salaried person.

Any Individual, Business entity, Professional,
Self employed.

Margin

30% of the market value of the property.

35 % of the market value of the property.

Security

Mortgage of landed property like residential flat, bungalow, shop etc. owned by the applicant or a third party.

Mortgage of landed property like residential flat, bungalow, shop etc. owned by the applicant or a third party.

Loan Limit

70% of the market value of the property as certified by our bank's empanelled value.

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.

Interest Rates

 For More information please contact nearest DNS bank branch.

 For More information please contact nearest DNS bank branch.

Repayment Period

7 years extendable to 10 years.

Renewable after every 12 months.

Guarantor

The mortage loan will be secured by a personal guarantor of a person of good net worth and income acceptable to the bank.

The mortage loan will be secured by a personal guarantor of a person of good net worth and income acceptable to the bank..

*Terms & Conditions Apply.
For Details, please visit nearest Branch.