DhanLaxmi Bank is India’s private bank which offers loan services to its customers. One of the best things about this Dhanlaxmi Bank Personal Loan is that it offers the best deals for customers who are willing to take a personal loan. They can borrow personally at an attractive and affordable interest rate.
If you are a person who is currently facing a money problem and you have an account in Dhanlaxmi Bank, you can borrow a personal loan from your bank. And it is so an easy and simple process, you can even apply it online from your home using your smartphone. Here, I have given all the important information that you should know before applying for a personal loan.
Interest Rate, Tenure & Max Amount
Generally, it has been seen that Bank charges interest rates on different bases such as credit score, annual income, salary, previous loan repayment status, bank statement, and many other things.
For example, if your credit score and income are good, your personal loan interest rate goes down compared to normal customers. However, if we talk about the general interest rate of Dhanlaxmi Bank’s personal loan, its interest rate starts from 11.90% to 15.70% per annum.
If you borrow a personal loan from the Dhanlaxmi Bank, you can borrow a loan starting from Rs. 1 lakh to Rs. 15 lakhs. And the Bank gives enough time to repay the loan amount of up to 60 months. And you will have to repay this amount, including interest, in small EMIs. That is a good thing for customers.
Eligibility Criteria
If you are planning to borrow a personal loan from the Dhanlaxmi Bank, first you should check your eligibility criteria that you are eligible or not for this personal loan. Here I have given the eligibility criteria for the Personal loan of Dhanlaxmi Bank-
- Your Age should be at least 23 years of above.
- If you are a salaried person, you should have a job in a reputable, profitable private company, or you should have a job in state or central government offices.
- If you are a salaried person, your salary should be at least 35,000 Rupees per month.
- Or if you are a self-employed person, your annual income should be at least 1.8 lakhs rupees.
- And you should have working for at least 3 years in your profession or in your company.
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Dhanlaxmi Bank Personal Loan Contact Number
Dhanlaxmi Bank offers customer support services via call and email. So if you have any doubt or facing any kind of issue regarding any type of banking services including loans. You can contact them without any thinking.
You can call them on their helpline number – +91 – 044 42413000 or email- customercare@dhanbank.co.in. After calling on this mobile number, you can tell them your requirement and ask help.
Required Documents
If you have checked your eligibility criteria according to the above details. Now you should keep all your documents ready that is required for submitting your personal loan application. Here I have given all the required documents below in the lists:
- Proof of Identity such as PAN Card, Passport, Aadhar Card, Voter ID or more.
- Proof of address/ Residence such as Driving License, Bijli Bill, Phone Bill, Bank Passbook.
- Proof of age- School Certificate, Birth Certificate, Lic Policy.
- Signature
- Passport-size photo
- The last 6 months ofthe Bank statement of your salary account, and last 3 pay slips.
- Form 16
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How To Apply Online
If you are clear to borrow personal loan from the DhanLaxmi Bank, and kept ready your all documents and also checked your eligibility criteria. Now you can apply for personal loan from the Dhanlaxmi bank.
You can apply online for a personal loan or also you can submit offline application by going to offline branch of Dhanlaxmi Bank. But I think online process is simple and easy. To Apply Online. You should have to go on the official website of Dhanlaxmi bank, you can go direct through this link.
When you follow the above given link, you go to the official page of Dhanlaxmi bank personal loan, where you have to submit your contact details such as Your Name, Email, Mobile Number, and then select your address details. After submitting all the required details, you will have to submit the application.
When you finally submit the application. After a few days or hours, you will receive call from the Bank, and then they ask about your requirements. They will help you to continue your loan application.
Charges & Other Fees
Every Bank takes some extra charges during approving and depositing your loan amount, such as processing fee, GST, and other charges. Dhanlaxmi Bank takes 2.5 % of the processing of the total loan amount plus GST. As well as if you don’t pay the loan EMI on time, the bank charges extra penalty fees. So you should ask about every charge and other details to your bank employees before taking a loan.
Final Thoughts
Hello, my Dear readers. I hope this article will be helpful for you. This article is completely about the personal loan details of Dhanlaxmi bank. If you have read this whole article mindfully. And still you have any doubts or questions. Feel free to ask to us below in the comments. Our team will reply you within few hours. Thank you.
She is a professional writer, SEO Specialist, and Editor. She has completed her MBA in Marketing and Finance and now working at StatusCheck.co.in as a senior writer and editor. She has more than ten years of experience in Personal Finance, Marketing, article writing, and Banking Serices. She is able to describe and teach deeply about Personal Finance, and Banking Services to our readers. So We hope you all enjoy her articles.