Advances against Shares:\u00a0<\/strong>The purpose of advances against shares is to provide finance to meet any kind of personal requirements and contingencies<\/li>\n<\/ul>\nEligibility criteria for availing DNS Bank Personal Loan<\/h2>\n
DNS Bank offers personal loans<\/strong>\u00a0to the following:<\/p>\n\n- Utsav Loan Scheme:\u00a0<\/strong>Salaried individuals and self-professionals<\/li>\n
- Suvidha Loan Scheme:\u00a0<\/strong>Eligible individuals<\/li>\n
- Mortgage Loan Scheme:\u00a0<\/strong>Eligible individuals<\/li>\n
- Advances against shares:\u00a0<\/strong>Individuals (single or joint name), companies\u2019 demat shares<\/li>\n<\/ul>\n
Features and benefits of DNS Bank Personal Loan<\/h2>\n
The features and benefits of\u00a0DNS Bank personal loans<\/em>\u00a0are listed in the table below:<\/p>\n <\/p>\n
\n\n\nName of the loan scheme<\/strong><\/td>\nMaximum Loan Amount<\/strong><\/td>\nRepayment Period<\/strong><\/td>\nMargin<\/strong><\/td>\nGuarantors<\/strong><\/td>\nSecurity<\/strong><\/td>\n<\/tr>\n\n| Utsav Loan Scheme<\/td>\n | Rs.1 lakh<\/td>\n | 36 months<\/td>\n | Nil- up to Rs.5000<\/p>\n 10% – above Rs.5000<\/td>\n | Two<\/td>\n | Hypothecation of article\/item bought by customer<\/td>\n<\/tr>\n | \n| Suvidha<\/p>\n Loan Scheme<\/td>\n | Rs.5 lakhs<\/td>\n | 60 months<\/td>\n | –<\/td>\n | Two<\/td>\n | Borrowers should take group insurance equal to the loan amount<\/td>\n<\/tr>\n | \n| Mortgage<\/p>\n Loan Scheme<\/td>\n | Depends on a case-to case basis<\/td>\n | 84 months<\/td>\n | 50% of value of commercial property;<\/p>\n 40% of value of residential flat<\/td>\n | Two<\/td>\n | Property should be<\/p>\n mortgaged<\/td>\n<\/tr>\n | \n| Advances against shares<\/td>\n | Rs.5 lakhs<\/td>\n | 12 months<\/td>\n | 50 % of market value (average of high + low of 52 weeks)<\/td>\n | Not required<\/td>\n | Shares<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n- DNS Bank gives loans for a wide variety of purposes from consumer durable items and medical expenses to education needs and repayment of old debts. The four different types of loan schemes, therefore, cover any possible financial requirement which may arise in the life of an individual.<\/li>\n
- The repayment period ranges from a minimum of 12 months to a maximum of 60 months based on the type of loan taken by a customer.<\/li>\n
- Customers who have specific business needs can avail of mortgage loan scheme and advances against shares which provided the required finance<\/li>\n<\/ul>\n
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