Indiabulls Dhani Instant Personal Loan

IndiaBulls Ventures has launched IndiaBulls Dhani, Phone Se Loan, which is a distinctive mobile application designed to offer instant personal loans. This state-of-the-art app links a large number of major banks in India and puts them under a single roof via Credit Bureaus, UPI, Aadhaar and NACH to offer instant personal loan solutions to customers. These loans are paperless and easy to avail considering the simple documentation process involved.

*Foreclosure/Pre-payment charges: 5% after 6 months. No prepayment charges will apply on loans up to Rs.20,000 

How Does Dhani Mobile Application Work? 

The step-by-step working procedure of Dhani mobile application is detailed below: 

• Download the Indiabulls Dhani personal loan app on your smartphone. The app is available on Google Play and App Store for free. 
• After the installation, you will have to enter your phone number. Once you do that, you will receive an OTP which you have to enter in the required section for verification. 
• Once your number has been verified, you will be asked to enter the loan amount. 
• The app will then ask you to enter a few basic details of yourself such as whether you are salaried or self-employed, sector where you are employed (private, public, government), mode of salary withdrawal (cheque, direct bank transfer, cash), your address details, PAN Card number, etc.  
• Once you enter all the requested details, your identity will be verified, and you will receive the loan amount directly in your personal bank account within minutes. 
• You can also make use of the app to make e-payments towards the loan, manage and track the loan account, and for repay outstanding amounts. 

Documents Required 

• PAN Card 
• Proof of Address 
• Bank Credentials 

There is no need for borrowers to submit the above documents physically. Instead, these documents can be uploaded directly through the mobile or web application.  

Eligibility 

• Individuals aged 21 years and above 
• Should be salaried or self-employed 
• Must be an Indian citizen 

Why you should avail Dhani Instant Personal Loan 

• With the help of Dhani, individuals with good credit record can get financial assistance within minutes at the best interest rate in the market. The interest rates start from 11.99% p.a. 
• The customers can apply for a personal loan through this app for any purpose, be it for marriage, medical requirements, business, home renovation, business, or travelling. 
• Through this app, the customers get to enjoy an end-to-end application process followed by an instant disbursal directly to their bank accounts. 
• Through this app now the borrowers needn’t take any hassle of visiting the banks or other lenders. They can conduct the entire process on their smartphone whenever and wherever they want. 
• Applicants belonging to any state, village, and city in India can apply for a personal loan anytime through this app. 
• The easy-to-use interface of Dhani makes the loan application and disbursement procedure extremely easy and quick thus, offering the users the best e-loan experience ever. 
• It is a completely hassle-free way of applying for a personal loan and the applicants needn't go through any documentation process. The loan can be applied and received digitally without any hassles of uploading documents. 

Features and Benefits 

Borrowers can avail loans of up to Rs.15 lakh through this app and the amount will be disbursed directly in the account of the applicant. 

• To avail loans through Dhani, all you need to do is to verify your identity (with the help of Aadhaar and address proof). If you are found to be eligible, the loan will be sanctioned and disbursed to your account in just 3 minutes. 
• Dhani being a mobile application can be operated on your smartphone anytime, anywhere, and thus it gives you the freedom to request and receive a personal loan even while you are travelling. 
• Borrowers who wish to avail loans of up to Rs.20,000 should have accounts in SBI/Axis Bank/YES Bank/HDFC Bank/ICICI Bank with Netbanking facility enabled. 
• The Dhani app not only allows you to get an instant personal loan at the time of need, but it also enables you to manage and track the loan account, pay your outstanding dues, and several other things through your smartphone. 

FAQs