In today’s digital-first world—where everything from shopping to learning is online—financial services are also becoming faster and more user-friendly. The Dhani App is a prime example, offering instant personal loans directly through your smartphone. Whether you’re facing an emergency or planning a big purchase, Dhani provides a smooth, paperless borrowing experience without the need to visit a bank.
What is the Dhani App?
Dhani is a mobile-based digital lending platform developed by Indiabulls Ventures, now operating as Dhani Services Ltd. The app offers a range of financial services including instant personal loans, health plans, and prepaid cards. With Dhani, users can apply for a loan anytime, anywhere—completely online and without any collateral.
Key Features of Dhani Personal Loan
- Loan Amount: ₹1,000 to ₹5,00,000
- Repayment Tenure: 3 to 24 months
- Interest Rate: Starts at 13.99% per annum (subject to change)
- Disbursal Time: Funds credited within minutes after approval
- Security: No collateral required
- Application Mode: Fully digital via mobile app
- Support Channels: In-app chat, email, and phone assistance
| Feature | Details |
|---|---|
| Loan Amount | ₹1,000 to ₹5,00,000 |
| Tenure | 3 to 24 months |
| Interest Rate | Starts from 13.99% p.a. (subject to change) |
| Disbursal Time | Within minutes of approval |
| Collateral Required | None (Unsecured Loan) |
| Application Mode | 100% Online via Dhani App |
| Customer Support | In-app chat, email, and phone support |
Benefits of Taking a Personal Loan from Dhani App
- Quick Disbursal: Loan amount is transferred within minutes of verification
- No Paperwork: Entire process is digital and hassle-free
- 24/7 Access: Apply anytime, from anywhere using your phone
- Flexible Repayment: Choose a tenure that fits your budget
- Micro Loans Available: Borrow as little as ₹1,000
- Dhani OneFreedom Card: Access a credit line through a prepaid Rupay card
Eligibility Criteria
To qualify for a Dhani personal loan, applicants must meet the following
- Minimum Age: 21 years
- Citizenship: Must be an Indian resident
- Employment: Salaried or self-employed
- Monthly Income: ₹15,000 or more (recommended)
- Credit History: A good credit score improves approval chances
Required Documents
Dhani’s digital process requires only a few basic documents:
- Aadhaar Card – For KYC and identity verification
- PAN Card – Mandatory for credit checks
- Selfie or Photo – Captured within the app
- Bank Account Details – For disbursal
- Income Proof – May be requested based on loan amount or profile
How to Apply for a Personal Loan via Dhani App
Here’s a step-by-step guide to applying:
Step 1: Download the App
Get the Dhani App from Google Play Store or Apple App Store.
Step 2: Register
Sign up using your mobile number and verify it via OTP.
Step 3: Complete KYC
Upload Aadhaar and PAN for e-KYC verification.
Step 4: Select Loan Details
Choose your desired loan amount and repayment period.
Step 5: Provide Bank Details
Enter your account information for fund transfer.
Step 6: Receive Funds
Once approved, the loan is disbursed to your account within minutes.
Interest Rates & Charges
| Charge Type | Details |
|---|---|
| Interest Rate | 13.99% – 29.99% p.a. (approx.) |
| Processing Fee | 3% to 5% of the loan amount |
| Late Payment Fee | As per Dhani’s policy |
| Prepayment/Foreclosure | May apply after lock-in period |
Note: Charges are indicative. Always review the latest terms in the app before applying.
Safety & Trust
Dhani is a registered Non-Banking Financial Company (NBFC) under RBI regulations. It adheres to digital lending norms and uses encryption and secure protocols to protect user data.
Frequently Asked Questions (FAQs)
Q1. Is Dhani a safe platform for loans?
Yes, Dhani is RBI-registered and follows all regulatory guidelines.
Q2. How fast is the loan disbursal?
Typically within minutes after successful verification.
Q3. Can I apply without a job?
A steady income is usually required, though small loans may be approved based on other factors.
Q4. Is PAN card mandatory?
Yes, it’s essential for identity verification and credit assessment.
Q5. Can I repay the loan early?
Yes, early repayment is allowed, but prepayment charges may apply.
Conclusion
The Dhani App has revolutionized personal lending by offering instant, paperless loans to users across India. It’s a great option for salaried and self-employed individuals who need quick access to funds without the hassle of traditional banking. As with any loan, it’s important to borrow responsibly and understand the repayment terms before proceeding.