One well-known financial platform that offers a range of services, including personal loans, is Indiabulls Dhani. Dhani personal loans, with their quick approval process and flexible repayment terms, are a great choice if you need money right away. This article explains the fundamentals of Indiabulls Dhani personal loans, as well as how to profit from them.
Indiabulls Dhani Personal Loan Overview
| Interest Rate | 13.99% p.a. onwards |
| Loan Amount | Rs 1,000- Rs 15 lakh |
| Loan Tenure | 3 months-2 years |
| Processing Fees | 3% onwards |
Features and Benefits of Indiabulls Dhani Personal Loan
Indiabulls Dhani Loans and Services Limited, with its headquarters located in New Delhi, is a one-stop shop for all financial services. Dhani, a non-banking financial company, was formerly known as Indiabulls Consumer Finance and is registered with the Reserve Bank of India.
Indiabulls Dhani offers paperless personal loans that simplify financing. With nominal interest rates beginning at 13.99% p.a., it provides personalized unsecured loans. Dhani provides its customers with pre-approved loans up to INR 15 lakhs.
- Adaptable term of up to two years
- Quick approval and immediate payment
- loans with high values up to INR 15 lakhs
- Interest rates that are competitive begin at 13.99% p.a.
Dhani Loans and Services Personal Loan Interest Rates
The Dhani personal loan has an interest rate that begins at 13.99% per year. While lenders typically take into account a variety of factors when setting their interest rates for personal loans, including the applicant’s age, credit score, monthly income, employer’s income, work profile, loan repayment history, etc., Indiabulls has not disclosed the factors that determine the interest rates offered to its personal loan applicant.
Types of Indiabulls Dhani Personal Loans
- Wedding Personal Loan: Your “Big Fat Indian Wedding” fantasies can come true with quick IndiaBulls Dhani personal loans for marriage. Your expenses are all economically covered by the unsecured loan. It provides a six-year flexible payback schedule.
- Travel Personal Loan: Travel loans are specialized personal loans that cover all of your travel expenses. With Indiabulls Dhani personal loans for travel, you can get great value loans with flexible repayment schedules up to 72 months in length.
- Medical Personal Loan: Unexpected medical costs incurred in an emergency are financed by medical loans. All hospital expenses are covered under one roof by Indiabulls Dhani medical loans, which also offer quick disbursement.
- Used Cars Personal Loans: Your dreams of owning a car are fueled by personal loans from Indiabulls. You can get unsecured loans for buying a four-wheeler with quick disbursements. Applying for this loan can be done via the Indiabulls Dhani app.
- Two-Wheeler Personal Loan: With flexible EMI options and low interest rates, you can purchase a bike or scooter with Indiabulls Dhani flexible personal loans for two-wheelers.
- Education Personal Loan: Use a Dhani personal loan for education to finance your aspirations for higher education. Your tuition and other study-related costs are covered by the instant personal loan.
- New Car Personal Loan: Nowadays, having a car has become essential. Purchasing a new car can become a reality with Dhani’s unsecured loans.
- Top-Up Personal Loan: You can take out a top-up loan to borrow more money against your current loan. Dhani’s provision gives you a substantial sanction to cover your immediate costs.
IndiaBulls Dhani Personal Loan Eligibility Criteria
| Minimum age | 21 years from the date of loan sanction |
| Maximum age | Not above 60 years on the date of maturity |
| Minimum income | INR 25,000 per month |
| Minimum work experience | A minimum work experience of 2 yearsA minimum work experience of 1 year in the current organization |
| Maximum eligible term loan | A salaried individual can avail a loan ranging from INR 5,000 to INR 15 lakhs |
Self-Employed Professional
| Minimum age | 21 years from the date of loan sanction |
| Maximum age | Not above 65 years on the date of maturity |
| Minimum income | INR 30,000 per month |
| Minimum work experience | A minimum of 3 years of work experience post-qualification |
| Maximum eligible term loan | A salaried individual can avail a loan ranging from INR 5,000 to INR 15 lakhs |
Indiabulls Dhani Personal Loan Charges
| Processing fees | 3% onwards |
| Foreclosure or pre-payment charges | Above 6 months – 5% |
| Bounce charges | Salaried – INR 400 per bounceSelf-employed – INR 750 per bounce |
| Penal charges | 3% per month |
| Stamp duty charges | As per laws |
| Duplicate NOC | INR 500 (per request) |
| Instrument swapping charges | INR 500 (per request) |
| Loan cancellation charges | INR 3,000 |
| Loan rebooking charges | INR 1,500 |
| Statement of account charges | INR 500 |
| Copy of repayment schedule | INR 500 |
Documents Required
| Application form | Application form with a passport-sized photograph attached |
| Address proof | Voter ID Aadhaar cardPassportDriving licencePAN CardUtility bills |
| Identity proof | Voter ID Aadhaar cardPassportDriving licensePAN Card |
| Age proof | Voter ID Aadhaar cardPassportDriving licencePAN CardBirth certificateSchool leaving certificate |
| Income proof | Salaried individual- payslips of the past 3 monthsSelf-employed individuals – financial statements of the previous two years audited by a CA |
Conclusion
From weddings to urgent medical needs, Indiabulls Dhani personal loans provide a practical and adaptable solution for a range of financial needs. With loan amounts up to INR 15 lakhs and competitive interest rates beginning at 13.99% p.a., the platform guarantees prompt approval and a paperless process, making it an affordable option for borrowers.