Personal Loans FAQs

1. How Does Personal Loans Work?

When you apply for a personal loan, the lender approves the loan amount after checking your credit score & other details. Once the personal loan amount is approved, you’ll receive the amount directly in your bank account. The entire loan amount is payed back in instalments within a fixed timeframe specified by the lender. The interest rate on your personal loan is determined by your credit score. A good credit rate will help in reducing personal loan interest rate and help you save money when you repay the debt.

2. When can I avail a Personal Loan?

You can avail a personal loan whenever you have a financial need. It can be a medical emergency, when you want to buy a car, an upcoming wedding, going for higher studies etc.

3. Where can I apply for Personal loan?

You can download the Indiabulls Dhani personal loan application from Google Play Store or Apple App Store.

4. When will I get the amount disbursed into my account?

Indiabulls Dhani is created to provide personal loan disbursement directly into one’s bank account in a matter of minutes.

5. What are the Documents required for a Personal Loan?

There is no physical requirement of documents since they can be uploaded or linked in a hassle-free process. Below is the list of documents required at the time of application for a personal loan with Indiabulls Dhani:

1. PAN Card Details

2. Address Proof

3. Bank Details

6. What is Personal Loan Eligibility Criteria?

In order to avail a personal loan, an applicant must suffice certain minimal criteria. The eligibility criteria to apply for a personal loan with Indiabulls Dhani is that you need to be a salaried professional or a self-employed entrepreneur.