DNS Laghu Udyojak Scheme
Name of the scheme :
DNS Laghu Udyojak Scheme
Facility :
-
Fund Based Limits :
Term Loan, Flexi Loan, Loan for Working Capital i.e. Cash Credit, Flexi Overdraft, Project Loan, Pledge etc.
Non Fund Based Limits :
Letter of Credit, Bank Guarantee etc.
Repayment Tenure :
a) For Cash Credit Limit/Overdraft Limit – 12 months.
b) For New Term Loans, New Flexi Loans – 7 to 12 years including moratorium period.
c) In case of takeover of Term Loan/Flexi Loan from other banks, existing repayment tenure will be continued without any change.
Guarantors :
Two Guarantors.
Rate of Interest :
*For More information please contact nearest DNS bank branch.
Loan Limit :
Upto Rs.200.00 lacs
Purpose :
For Term Loan and For Working Capital Need :
a) To new unit/customer to set up a new project.
b) To existing Unit/Customer for expansion/ modernization.
c) In case of takeover of accounts from other banks, (purpose should be same as that for existing facility enjoyed with the existing banker).