Features & Benefits
Loan Limit
Avail an overdraft facility of up to Rs. 2 Lakhs, based on 20 times your net take-home salary.
Repayment Period
For tenure of 12 months, subject to annual review renewal
Affordable Interest
Enjoy a competitive interest rate of @11.30%* p.a.
Eligibility Criteria
- Applicant must have salary account with DNS Bank
- Applicant Type: Must be a salaried individual with a stable income from a reputed company or organization.
- Loan Limit: Maximum loan amount is Rs. 2 Lakh or 20 times your net take-home salary, whichever is less.
- Income Proof: Recent salary slips (last 3 months) and Form No. 16 or ITR for the last 3 years.
- Bank Statement: Last 1-year bank statement showing salary credits.
- Guarantors: Two guarantors acceptable to the bank.
- Security: A recurring deposit for 36 months of Rs. 1,000 or assignment of LIC policy required.
Documents Needed
- PAN Card and Aadhaar Card for identity and address proof.
- Salary Slips for the last 3 months.
- Form No. 16 or ITR for the last 3 years.
- Bank Statement for the last 1 year showing salary credits.
- If applicable, Loan Account Statement and Sanction Letter from any other bank if the applicant has other loans.
- Photographs of the applicant and guarantors (if applicable)
