Dhani Personal Loan - Eligibility, EMI, Documents Required, Interest Rates
Dhani Personal Loan is offered by Dhani Loans and Services Limited, formerly known as Indiabulls Consumer Finance Ltd. It is an NBFC that offers a range of loan options to help you meet your objectives with easy access to financing.
With its quick application process, getting a Dhani Personal Loan is easy and hassle-free. You can borrow up to ₹15 Lakhs for a tenure of up to 24 months with this loan, making it a smart option to consider.
Here are the fees and charges associated with a Dhani Personal Loan:
Interest Rate |
13.99% p.a. |
Processing Fee |
3% onwards |
Foreclosure and Prepayment Charges |
5% |
Penal Charges |
3% per month of the outstanding EMI |
Dishonour Charges |
₹400 per bounce + applicable taxes |
Disclaimer: The above rates and charges are subject to change at the lender’s discretion.
You may apply for a loan of up to ₹15 Lakhs with the Dhani Loan app available on the Google Play Store
To apply for a Dhani Loan, you simply have to prove your identity with your Aadhaar card and an address proof
If you qualify, the Dhani Loan application will be processed and the amount will be transferred to your account post approval
You can use the app from any place and on any phone, enabling you to request and receive a loan anytime
Aside from applying for a Dhani Loan, you can manage, track, and pay your dues through the app.
Here are the Dhani Personal Loan eligibility criteria you should know before applying:
Applicant must be above 21 years
Applicant must be a citizen of India
Applicant should be employed or self-employed
Applicant needs to have an Aadhaar card for KYC and rapid money transfer
Meeting all the eligibility criteria is crucial in increasing the chances of approval. As such, ensure that you meet these criteria before applying. You also need to submit some basic documents to apply for a Dhani Personal Loan. These include:
Completed application form as well as passport-sized pictures
KYC documents
Address proof
PAN card information
Bank account information
Pay slips for the previous three months
Audited financial statements (last two years)
Any other documents that the lender requires
For a hassle-process, apply for a Dhani Personal Loan online by following these simple steps:
Install the Indiabulls Dhani Personal Loan app from the Google Play Store and Apple App Store
Enter your phone number and OTP sent to your number for verification
Fill in the loan amount and other details
Provide the information needed (employment status, salary, PAN, residence, etc)
Submit the application
Once you submit the necessary information, the lender will process your application and verify your identity. If your application gets approved, the sanction amount will be transferred directly to your account.
You can contact the customer support team by calling 0124-6555-555 or writing at their email - support@dhani.com. Do remember that the customer support team via call is available between 8AM – 8PM.
If your query is not resolved by either of the above options, you can contact the corporate office and registered offices. The address for both these offices is available on the lender’s official website.
The minimum credit score for Dhani Personal Loan is not explicitly stated. However, having a credit score, i.e., above 750 is essential in availing affordable credit.
Yes, you must be 21 years or above to avail of a Dhani Personal Loan.
The disbursal process of Dhani Personal Loan is almost instantaneous once your application gets approved.
You can check the application on the Dhani app or website. You can even contact the customer support team for the same.
Dhani's customer support is available from 8:00 a.m. to 8:00 p.m. at the following numbers:
Dhani Credit Line: 022-67737800
Dhani Loans: 0124-6165722
You may also reach out to them by email at support@dhani.com.
You can make prepayments on your personal loan from Dhani. Furthermore, if your loan amount is not more than ₹20,000, you do not have to pay any additional charges to use this facility.
Dhani Personal Loan interest rates are fixed and are computed through the reducing balance method.
The loan amount is disbursed to your bank account instantly post approval.
The application process for a Dhani Personal Loan is completely online. Reach out to the lender to check if they provide any alternate facility to apply for the loan.
If you do not receive the sanction letter or the loan agreement, reach out to Dhani’s customer care team. Provide the required details and raise a request for the required documents.
Here is a list of charges associated with a Dhani Personal Loan:
Interest Rate - 13.99% p.a.
Processing Fee - 3% onwards
Foreclosure and Prepayment Charges - 5%
Penal Charges - 3% per month of the outstanding EMI
Dishonour Charges - ₹400 per bounce + applicable taxes
Do note that these rates are subject to change at the lender’s discretion. Reach out to Dhani and confirm the charges before applying for the loan to make an informed financial decision.