Dhani App Personal Loan: The interest rate for Dhani personal loan starts @ 13.99% p.a. onwards. While Indiabulls has not disclosed the factors determining the personal loan interest rates offered to its personal loan applicant, lenders usually factor in the age, credit score, monthly income, employer’s income, job profile, loan repayment history, etc. of their personal loan applicants while setting their personal loan interest rates.
Dhani App Personal Loan Highlights
|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|
Dhani Loans & Services Limited (IndiaBulls Dhani) is India’s leading financial services company providing services like personal loans, loans against loans and credit cards. The company offers interest rates starting at 13.99% per annum from Rs. 1,000 to Rs. Offers personal loans up to 15 lakhs. The loan tenure is 3 to 24 months. You can apply for a personal loan by downloading the Dhani app from the Google Play Store.
Dhani Personal Loan Processing Fees and Charges
|Type of Charges||Fees|
|Processing Fees||3% onwards|
|Foreclosure/pre-payment charges||>6 months: 5%|
|Bounce Charges||For salaried: Rs 400 per bounce|
|For self-employed: Rs 750 per bounce|
|Late payment penalty||3% per month|
|Stamp duty charges||As per laws applicable|
|Duplicate NOC||Rs 500 per request|
|Repayment mandate/instrument swapping charges||Rs 500 per request|
|Loan cancellation charges||Rs 3,000|
|Loan re-booking charges||Rs 1,500|
|Statement of account charges||Rs 500|
|Duplicate repayment schedule||Rs 500|
Eligibility Criteria for Dhani Personal Loan
Indiabulls offer personal loans to salaried and self-employed individuals. While the NBFC has not clearly stated the minimum cut-offs for credit score and monthly income, Indiabulls like most lenders is likely to factor in the credit score, employer’s profile, EMI/NMI ratio, monthly income, etc. of a personal loan applicant while evaluating their personal loan eligibility.
Documents Required for Loan Application
The following are the key documents required to apply for a Dhani personal loan:
- PAN card details
- Address proof (Voter ID card, Ration card, utility bills, etc.)
- Bank credentials
Dhani Personal Loan EMI Calculator
Whenever you take a loan, make sure to know the EMI (Equal Monthly Installment) of that loan. EMI is the amount you have to pay as loan installments on a fixed date every month. This amount is determined based on the loan amount, interest rate and tenure.
You can find the EMI and interest cost of your Dhani Personal Loan using the EMI calculator. EMI calculator provides you with calculation of your EMI and total interest cost after entering your loan amount, tenure and interest rate.
To use the EMI calculator, you can search “Dhani Personal Loan EMI Calculator” on Google.
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