DNSB Personal Loan
DNS Bank - Personal Loan
- General Documents required by both Salaried and Businessman
- Application form duly filled with three latest photos.
- Proof of Identity e.g. PAN CARD/AADHAAR CARD/ELECTION CARD/PASSPORT/DRIVING LICENSE
- Proof of residence e.g. Electricity bill/Telephone Bill / Ration Card/ Aadhaar Card / Passport with same residence address / Registered Leave and license agreement with one additional proof.
- Income Papers
|
For Salaried Person |
For Self-Employed/Businessman |
|
Latest Three months’ salary slips of the applicant or salary certificate of Three months. Statement of account showing latest 1 year salary credits in the account. Last two years form 16 Last two years I.T. return (If any) In case the service is not more than one year then salary slips of entire year/IT return (if any) Service certificate from employer.
All documents to be self-attested & duly verified by branch official |
Three years IT Return along with Balance sheet/P & L /Computation of Income Statement of Current accounts for 1 year Updated statement of all accounts maintained at other banks except our Bank Business Proof Eg. Business Registration certificate, GST/VAT/CST Certificate.
All documents to be self-attested & duly verified by branch official |
Additional requirement
- Borrower to subscribe to linking shares @5% of loan amount.
- Guarantor to become nominal members if already not regular members of our bank.
- SB/CD accounts to be opened with our bank.
- End use of the funds to be mentioned and verified.
Interest Rate
|
Rate of Interest |
Period |
Maximum Amount |
|
13.30% p.a. |
84 months |
5 lakhs |
Guarantors
- Two guarantors acceptable to bank needed
- Direct liability 100%- and Indirect liability of 25% will be taken into account for the purpose of
Assessment of repayment obligation of guarantors.
Collateral
- Group insurance cover to be obtained equivalent to loan amount sanctioned
Processing Charges
- 1% of Loan amount Minimum Rs.500/-