IndiaBulls Dhani Personal Loan

Features and Benefits of IndiaBulls Dhani Personal Loan

Headquartered in New Delhi, IndiaBulls Dhani Loans and Services Limited is a one-stop solution for all financial services. Formerly known as Indiabulls Consumer Finance, Dhani is a non-banking financial company registered with the Reserve Bank of India.

IndiaBulls Dhani makes financing easy with paperless personal loans. It offers customized unsecured loans at nominal interest rates starting at 13.99% p.a. With loans ranging up to INR 15 lakhs, Dhani offers pre-approved loans to its customers.

• Competitive interest rates start from 13.99% p.a.
• High-value loans of up to INR 15 lakhs
• Flexible tenure of up to 2 years
• Rapid approval and instant disbursement

Minimal Documentation

IndiaBulls Dhani provides a simple and hassle-free online documentation process. You will be required to submit essential documents like KYC details and bank statements.

Rapid Loan Process

The IndiaBulls Dhani app enables you to avail a personal loan in the comfort of your home. You must download the Dhani app from the play store and provide all the required data.

Flexible Tenure

A personal loan funds your financial needs. By opting for a loan with IndiaBulls Dhani, you are allowed to repay your loan in 2 years. 

Nominal Prepayment Charges

Prepayment is an option provided by banks and NBFCs. You can opt to repay the outstanding loan at once rather than paying in EMIs. IndiaBulls Dhani allows its customers to prepay their loans at nominal charges starting at 5%.

IndiaBulls Dhani Personal Loan Eligibility Criteria

IndiaBulls Dhani offers personal loans to both salaried and self-employed individuals. To avail of a personal loan at IndiaBulls Dhani Loans and Services, an applicant must meet the eligibility criteria set by the institution. 

Salaried Individuals

A salaried applicant who works in the public sector, private sector, or in a central or state government organisation is eligible for this loan.

Minimum age	21 years on 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 years A 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

IndiaBulls Dhani offers customized personal loans for self-employed professionals. Doctors, chartered accountants, architects, engineers, and consultants are eligible for this loan.

Minimum age	21 years on 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

Self-Employed Non-Professional

IndiaBulls Dhani offers customized personal loans for self-employed professionals. Sole proprietors, partners, and directors in manufacturing and trading services are eligible for this loan.

Minimum age	21 years on the date of loan sanction
Maximum age	Not above 62 years on the date of maturity
Minimum income	INR 40,000 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 Fees and Charges

When you avail of a personal loan, you must pay certain charges. The fees charged by IndiaBulls Dhani are very nominal. Have a look at the fees charged by IndiaBulls on personal loans:

Processing fees	3% onwards
Foreclosure or pre-payment charges	Above 6 months – 5%
Bounce charges	Salaried – INR 400 per bounce Self-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

Types of IndiaBulls Dhani Personal Loans

A personal loan is a zero-collateral financing solution. IndiaBulls Dhani extends a diversified range of personal term loans.

Wedding Personal Loan

With instant IndiaBulls Dhani personal loans for weddings, your ‘Big Fat Indian Wedding’ dreams can become a reality. The unsecured loan covers all your expenses cost-effectively. It offers a flexible repayment schedule of 6 years.

Travel Personal Loan

Travel loans are customised personal loans that cover all your travel expenses. With IndiaBulls Dhani personal loans for travel, you can avail high-value loans with flexible repayment plans of up to 72 months.

Medical Personal Loan

Medical loans finance unexpected healthcare expenses incurred in the event of an emergency. IndiaBulls Dhani medical loans cover all hospital bills under one roof with instant disbursement. 

Used Cars Personal Loans

IndiaBulls personal loans fuel your dreams of buying a car. With rapid disbursements, you can get unsecured loans to purchase a four-wheeler. You can apply for this loan through the IndiaBulls Dhani app.

Two-Wheeler Personal Loan

IndiaBulls Dhani flexible personal loans for two-wheelers enable you to buy a bike or a scooter at nominal interest rates and flexible EMI options.

Education Personal Loan

Fund your higher education goals with a Dhani personal loan for education. The instant personal loan covers your tuition costs and other expenses incurred during the study.

New Car Personal Loan

Owning a car has become a necessity in today’s world. With Dhani unsecured loans, you can achieve your dream of buying a brand new car.

Top-Up Personal Loan

A top-up loan allows you to borrow additional funds on your existing loan. This provision by Dhani offers you a sizable sanction to fund your urgent expenses.

IndiaBulls Dhani Personal Loan App

In the era of technology, the Dhani personal loan app is a pioneer in the retail lending sector. It has been designed to simplify financial assistance.

The user-friendly interface makes the application process easy. By uploading the necessary KYC documents, you can avail of instant personal loans to aid your finances.

Documents Required for IndiaBulls Dhani Personal Loan

In the era of technology, the loan application procedure at IndiaBulls Dhani is hassle-free and applicant friendly. Check out the documents required for the verification process:

Application form	Application form with a passport-sized photograph attached
Address proof	Voter ID  Aadhaar card Passport Driving licence PAN Card Utility bills
Identity proof	Voter ID  Aadhaar card Passport Driving license PAN Card
Age proof	Voter ID  Aadhaar card Passport Driving licence PAN Card Birth certificate School leaving certificate
Income proof	Salaried individual- payslips of the past 3 months Self-employed individuals – financial statements of the  previous two years audited by a CA

Note: The financial institution can ask for any other document that might not be mentioned in the list. This may vary from case to case.

IndiaBulls Dhani Personal Loan EMI Calculator

The IndiaBulls Dhani Personal Loan EMI Calculator is an online tool that calculates the estimated monthly EMI payable on your loan amount. The calculator helps you to arrive at the monthly EMIs and interest payable that suit your repayment capacity. To access the figures, you are required to enter the desired loan amount, interest rate, and loan tenure in the blank spaces allocated in the calculator.

Comparison With Other Lenders

IndiaBulls Dhani Loans and Services	13.99%
Tata Capital	10.99%  p.a. onwards
IDFC First Bank	10.49%  p.a. onwards
Aditya Birla Capital	14% p.a.- 26% p.a.
IIFL	24%  p.a. onwards
Fullerton India	11.99% p.a.- 36% p.a.
RBL Bank	14% p.a.- 23% p.a.
Central Bank of India	9.85% p.a. onwards
SBI	9.60% p.a.- 15.65% p.a.
Karur Vysya Bank	9.40% p.a.- 19% p.a.
Kotak Mahindra Bank	10.25% p.a. onwards
City Union Bank	12.75% p.a.

IndiaBulls Dhani Customer Care

By contacting Dhani customer care via email or toll-free number, you can get your queries clarified and grievances resolved.

Toll-Free Number	1860-419-3333
Email ID	service_dhani@indiabulls.com