Avail one of the Best Instant Personal loan App in India 2021

August 26, 2021 Ajit samal

Indiabulls personal loan can be utilized for a variety of purposes, including home improvement, weddings, vacations, and emergency expenses. Unsecured loans up to Rs.15 lakhs are available at reasonable interest rates starting at 13.99 percent per annum for a period of up to 36 months.

Indiabulls Personal Loan Benefits

Loan Amount: If you match the requirements, you could get a personal loan from Indiabulls Dhani worth up to Rs. 15 lakhs.
Adjustable repayment period: The repayment period offered by Indiabulls personal loan is flexible and ranges from 3 to 36 months.
Interest rates are reasonable: Indiabulls’ personal loan interest rates start at 13.99 percent, which is lower than the rates offered by several NBFCs in India.
Documentation required at a minimum: To get your Indiabulls personal loan application accepted, you only need a few basic papers.
Charges for prepayment are nil: This unsecured loan is presently available from Indiabulls with no prepayment penalty, making it more flexible for applicants.

Personal Loan Interest Rates at Indiabulls

The interest rate on a personal loan given by Indiabulls starts at 13.99 percent. Actual rates, however, may vary from person to person depending on the applicant’s credit score, age, loan amount, employer, and other factors.

Criteria for Eligibility

The following are the main requirements for obtaining a personal loan from Indiabulls:

You must be an Indian citizen.
You must be at least 21 years.
You should either be a salaried employee or a self-employed business owner.
Additional eligibility criteria may be added by the NBFC based on its own criteria.

Application for a personal loan with Indiabulls requires the following documents.

To apply for an Indiabulls Dhani personal loan, you’ll need the following documents:

PAN card information
Proof of address (Voter ID card, Ration card, utility bills, etc.)
Details of your bank account

How to Apply for a Personal Loan with Indiabulls?

It is an entirely online process, with no need for the applicant to visit the branch to submit any paperwork.

Check the Indiabulls personal loan status

If you applied for an Indiabulls Dhani personal loan through the Indiabulls Dhani mobile app, you can check the status or progress of your application using the app’s loan progress bar. You can also check the status of your personal loan application by sending an email to care dhani@indiabulls.com with your loan application data and your registered email ID.

Other Fees & Charges

Apart from the interest rate, Indiabull’s personal loans have a variety of fees and levies.

Processing fee	3% onwards
Loan foreclosure/pre-payment charges	>6 months: 5%
Rate of Interest	13.99% onwards
Bounce charges	Rs. 400 per bounce
Late Payment penalty	3% per month
Stamp duty charges for loan documentation	As per applicable laws
Duplicate NOC	Rs. 500 per request
Repayment mandate/instrument swapping charges	Rs. 500 per request
Loan Cancellation Charges	Rs. 3000
Loan Re booking charges	Rs. 1500
Statement of account charges	Rs. 500
Duplicate Repayment Schedule	Rs. 500
Bounce Charges (For Self Employed)	Rs. 750

Personal Loan Refinancing with Indiabulls

On your existing Indiabulls personal loan, you can get up to Rs. 15 lakhs in extra money. The NBFC’s top-up option is an excellent answer for all of your personal demands or financial emergencies, and it can be obtained quickly and conveniently without the need to submit any additional documentation.

Eligibility Criteria for Indiabulls Personal Loan Refinancing

The following are the main requirements for obtaining a personal loan from Indiabulls:

You must already have an Indiabulls Dhani personal loan.
You must have made timely payments on all personal loan obligations.
Customer Service at Indiabulls
You can reach us at 0406 165 7222 (Maharashtra, Bengal, and Southern states) or 0124 616 5722 (Maharashtra, Bengal, and Southern states) (Rest Of India 8 AM to 8 PM)
You can reach out to us by email at service dhani@indiabulls.com.
You can request a call from Indiabulls by filling out a form.
You can use the feedback form to provide feedback.
You can go to the bank’s nearest branch.

The Advantages of Getting a Personal Loan at Afinoz

Examine a variety of options: On a single website, you may compare offers from over 30 lenders. This not only saves time and effort, but it also assists you in making the best selection possible in a convenient and timely manner.

Effortless procedure: You can apply for a personal loan through Afinoz from the convenience of your own home or office. This eliminates the need to go to the library.

Examine your EMI: The Afinoz website’s personal loan EMI calculator allows you to calculate EMIs for a given loan amount before applying for it. You can also experiment with alternative loan amounts, tenures, and interest rates to determine the due EMIs ahead of time and choose a combination that best suits your repayment ability.

When you apply online through the Afinoz website, you will receive a fast conditional e-approval from the lender.

Aspects to Consider

Check your credit score: Before applying for a personal loan, you must have a strong credit score because your credit score is a reflection of your past repayments, and a good credit score indicates that you have been responsible with credit in the past. As a result, lenders will not hesitate to provide you a loan.

Examine the following eligibility requirements: Make sure you meet the lender’s eligibility requirements before applying for a personal loan.

Submitting multiple loan applications at the same time is not a good idea: Multiple hard inquiries in your credit report can result from applying with multiple lenders at the same time.

Maintain a low credit utilization ratio: To increase your chances of getting a personal loan, your credit use percentage should be less than 30%.

FAQs

Q1. What do I need to apply for a personal loan with Indiabulls?

Ans: To apply for an Indiabulls Dhani personal loan, you’ll need a PAN card, address proof, and a bank account, as well as Internet Banking credentials.

Q2. How can I find out how my personal loan application is progressing?

Ans: If you applied for a personal loan with Indiabulls through the mobile app, you may check the status of your application under the loan progress bar. You can verify the progress of a personal loan you applied for offline by sending an email to care dhani@indiabulls.com.

Q3. What kind of interest rate does Indiabulls offer on personal loans?

Ans: Indiabulls offers a personal loan with a fixed rate of interest.

Q4. When will my next payment be due? What is the best way to check the EMI status?

Ans: After you log in to your account using the mobile app or internet, you’ll see all of your information, including your complete loan details, EMI status, due date, and so on.

Q5. Can I amend the due date of my EMI?

Ans: The EMI due date cannot be amended once the loan amount has been disbursed, according to Indiabulls Consumer Finance Limited policy.

Conclusion:

To conclude, Indiabulls personal loan is one of the best personal loans available in the market. However, it is also advisable to do thorough research before applying for a loan.