Frequently Asked Questions By Customers :
Q1. I need to open a bank account. Which account suits me best? →
Savings accounts are useful for depositing and withdrawing funds from time to time, and the passbook can also serve as identification or address proof. However, if you wish to keep funds aside for a certain period, a Fixed Deposit will earn better interest. If you require interest every month, you may choose a Monthly Income Scheme. Recurring Deposits are suitable for regular monthly savings, while Pigmy Deposits are ideal for daily savings.
Q2. Is there an option under home loan where I can pay smaller EMIs in the initial years and gradually increase the EMI value? →
Yes. Home Loans provide flexibility in repayment, allowing you to pay smaller EMIs during the initial years and gradually increase the EMI amount in later years.
Q3. Can I get a loan for purchasing an old vehicle? What are the installment details and maximum amount? →
Yes. You can get a loan for a vehicle that is up to 3 years old. The repayment period can be up to a maximum of 36 installments, and you can avail up to 50% of the vehicle’s valuation amount.
Q4. If I want a loan for house construction and have completed all document formalities, will any extra security be required? →
If the house or flat proposed to be purchased is yet to be constructed or is currently under construction, interim security may be required until the construction is completed.
Q5. Every time I need to check my account balance, should I visit the branch? →
No. You can check your account balance by calling the helpline numbers of our branches.
Q6. I already have a loan running with Dhanvantari Patsanstha. Am I eligible for another or personal loan? →
Yes, subject to your repayment record on the existing loan. We will also evaluate your repayment capacity, whether you meet the required norms, and whether any additional security will be necessary.
Q7. How do I find the addresses and contact details of branches? →
Click on the Branches option. You will find complete information about all branches. You can also use Google Maps to locate roads, nearby places, and directions.