What Is Indiabulls Dhani Personal Loan?

IndiaBulls Dhani is the retail lending arm of the India Bulls group which is the leading name in the Indian Financial Services domain. The group has a noteworthy presence in various financial sectors and owns independent listed companies: India Bulls Housing Finance Limited (IBHFL), Indiabulls Real Estate Limited (IBREL), and Indiabulls Ventures Limited (IBVL).

With the advent of digitization in the financial sector, India Bulls launched its mobile and web app- India Bulls Dhani. It is a personal loan app designed to ensure customized unsecured loans instantaneously to the applicant after verifying their PAN Card and address proof.

Indiabulls Dhani Personal loan Features and Benefits

  • Simple documentation – The application of personal loans calls for only basic KYC document submission.
  • Safe and secure – There is complete safety of the credentials shared by the individuals.
  • Quick and convenient loan application – Availing personal loans can be managed online, as submission of loan documents is done through an app.
  • Flexibility in tenure – The tenure for which an applicant can apply for the loan, ranges from 3 months to 36 months.
  • Quick loan disbursals – On qualifying the loan, the amount gets disbursed in a very short span of time.
  • NIL Prepayment charges – For loans under Rs 20,000, there are no prepayment charges.
  • Dhani Pay- On downloading the Dhani App, get exciting rewards and exclusive discounts on every payment made using Dhani Pay. It has an all-new design RuPay Platinum card, which is a secured prepaid account or mobile wallet. 
  • Dhani Points – For timely EMI Payment, get Rs 2 for every Dhani Point. There is an exciting opportunity to win Dhani Points by logging on Dhani App. 
  • Spin The Wheel – With Spin The Wheel, get exciting opportunities to win money each day. 

Indiabulls Bulls Personal Loan Interest Rate, and Other Charges

Interest Rate of Personal Loan 

13.99% p.a

Processing Fee 

3% onwards

Prepayment Charges

Greater than 6 months

Bounce Charges

Per bounce Rs 400

Duplicate NOC

Rs 500 per request

Loan Cancellation Charges

Rs 3000

Loan Rebooking charges

Rs 1500

Bounce Charges for Self Employed

Rs 750

Late Payment Penalty

3% per month

Statement of account Charges

Rs 500

Duplicate Repayment Schedule

Rs 500

Indiabulls Dhani Documents Required & Eligibility Criteria

With the integration of technology, the loan application procedure involves minimum documentation and easy and hassle free procedure for the convenience of the user. 

The user will not have to submit any other document apart from PAN Card and Address Proof. 

Eligibility Criteria for applying at Indiabulls Dhani

For Salaried employees –

Eligibility Criteria

Key Features


Salaried person

Employer Type

  • Employees of Private and Public Companies
  • Central / State Government Organisation

Applicant Age

21 - 60 years

Minimum Eligible Income

₹ 25,000 per month

Maximum Eligible Term Loan

₹ 5,000 to ₹ 15 Lakh 

Minimum Work Experience

Minimum 24 months in total, Min. 12 months in the present organisation

For Self-employed Professionals –

Eligibility Criteria

Key Features


Self-employed Doctors, Engineers, Consultants, Architects & Chartered Accountants

Applicant Age

21 - 65 years

Minimum Eligible Income

₹ 30,000 per month

Maximum Eligible Term Loan

₹ 5,000 to ₹ 15 Lakh 

Minimum Work Experience

Minimum 3 years of Post-qualification work experience

For Self-employed Individuals –

Eligibility Criteria

Key Features


Sole Proprietors, Partners & Directors in Manufacturing, Trading and Services

Applicant Age

21 - 62 years

Minimum Eligible Income

₹ 40,000 per month

Maximum Eligible Term Loan

₹ 5,000 to ₹ 15 Lakh 

Minimum Work Experience

Minimum 3 years of Post-qualification work experience

Indiabulls Personal Loan EMI Calculator

The Personal Loan EMI Calculator is a free tool that simplifies the job of the user to a great extent in presenting an estimate of the monthly cash outflow. All a user is required to do is, put the details of the loan amount, tenure, and interest rate. 
To get better clarity on the dynamics, you may change the loan amount, tenure or interest rate and calculate again with different input.


Types of Personal Loans by India Bulls

Wedding Personal Loans - For last-minute cash crunches, Indiabulls Dhani is the app you can trust for instant funds. The user is required to only present PAN Card and Address Proof. For a flexible loan tenure of 3 months to 72 months, Indiabulls offers fast credit of up to Rs 15 lakh.

Travel Loan Whether you are salaried or self -employed, the loan amount can be availed with a flexible loan tenure of 3 months to 72 months.

Medical Personal Loan: Misfortunes often come without notifying and savings may not be sufficient to tackle the situation. There comes the role of personal loans to get the required funds, necessary to manage the monetary shortfall. Indiabulls Dhani app helps the borrower to efficiently handle the critical situation, by lending the funds instantly. 

Used car personal loan- The need to buy a four-wheeler of an applicant can be fulfilled by applying for a personal loan. The app promises to disburse the loan amount at a faster rate without pledging for the car.

Two-Wheeler Loan - The launch of Scooty became an instant hit especially among the females, as are bikes for men. The need to get a vehicle for oneself has been in demand most prominently among the younger generation because of which the sales have been on the rise. Indiabulls Dhani app will be your best bet to get one for yourself.

Education Loan - For a better and brighter future, education is the only way to get ahead in life. Well, to achieve that a greater sum of money is required which becomes a challenge with the regular income. Now with Indiabulls Dhani take supreme care of your financial needs for the education of your child. Whether it is for tuition fees of the school, higher studies, course books, etc. The education loan is a big rescue for students who aim to achieve their dreams of studying in any educational institutes of their choice.

New Car Loan - A four-wheeler until a few years back was considered to be a luxury, which has now become a necessity. Due to easy access to funds these days, owning a car for oneself is no longer a distant dream. 

Indiabulls Dhani helps achieve the need to drive back your own four-wheeler.

Top Up LoanA top-up personal loan is an additional loan provided on your existing personal loan, and the interest rates are revised

IndiaBulls Dhani Personal Loan Application Procedure

If in case you were wondering how to avail a loan instantly with this app, follow a few simple steps as given below;

  • Visit the app store on your smartphone and download the Dhani app
  • Register on the app with your mobile number
  • Choose your favored language
  • Next screen displays all types of loans on offer (Personal, Home, Auto, Business etc.)
  • Select the desired product and enter your basic details (Name, ID, address, desired amount)

Once the bank sanctions your desired amount, you need to put in your bank details to register your bank account for loan disbursement. Before check-out, the app displays the sanctioned amount, the EMI tenure and the EMI amount on the loan.

If you are ok with the offerings and click on ‘Accept’, the app would require you to enable ‘Auto-debit’ in your savings bank account. As soon as it gets authenticated from the bank, you will receive the disbursed amount in your register bank account.

Indiabulls Dhani Personal Loan App

The Indiabulls Dhani App is one of a kind application, which is a pioneer in the retail lending section of Personal Loan. Striking a chord with the technological boom in the financial sector, the app has been specifically designed to make financial assistance easier for the people. Availing loans through the app is more of a child’s play with a user-friendly interface, making the procedure a hassle-free process for the applicant. 

The applicant only needs to upload the PAN Card and Aadhaar card, to avail of the loan. Indiabulls help people realize their dream, by making funds available to them just at the tap of a button. 

How does the Indiabulls App Works?

  • Indiabulls Dhani App can be downloaded from the Google Play Store and App Store for free.  
  • Applicant is required to enter the phone number post-installation. An OTP will be sent to the registered number which will be entered in the required section for verification.
  • Once the number is verified, it will ask to enter the loan amount.
  • Post that an applicant is required to enter a few basic details such as whether you are salaried or self-employed, address details, PAN Card details, mode of salary withdrawal. 
  • Upon entering the details, the identity will be verified and on qualifying, the loan will be disbursed to the account.

Indiabulls Dhani Social Links

IndiaBulls Personal Loan Login

IndiaBulls Dhani has a dignified online presence, both on its official website as well as the mobile app. Any existing or new customer can log in to their respective accounts with a simple sign-in either on the app or on the website. Once you login, the entire dashboard is easy to apprehend and use, one can also use the shortcuts to figure out the current status of their loan application, the recent transactions made in the account or the closure has been processed yet.

How can I check my IndiaBulls Dhani Personal Loan Status?

Once you apply for the IndiaBulls Dhani Personal Loan online, either through the Dhani website or Mobile application, one can easily keep a check at the progress made with the loan application in the loan processing page. If you have applied for a personal loan offline that is by visiting the IndiaBulls office or a branch, you can check the current status of your loan application by sending an email on

IndiaBulls Dhani personal loan foreclosure

Dhani Personal Loan offers the lowest rates on the overall process of loan, be it the interest rates being charged only at 13.99%, as compared to other NBFCs which is very considerate and the foreclosure charge which is just 5% of the entire amount which is outstanding. As per the guidelines issued in the IndiaBulls Consumer Finance Limited policy, the foreclosure of this loan is only permissible after first 6 months of EMIs being paid consecutively. 

How can I repay my IndiaBulls Dhani Personal Loan online?

With IndiaBulls Dhani Consumer Finance, a borrower is always the first priority, whether it’s pre-approval or post-approval. One can easily repay their Dhani Personal Loan in easy EMIs starting a month later to disbursal date. At the time of filling up the application, NACH form is filled and submitted to the lender through which you can make regular payments via NEFT/RTGS to IndiaBulls registered bank accounts. As and when the payments are processed each month, the borrower gets notified via mails and messages.

Indiabulls Personal Loans Customer Care

To resolve issues and grievances, you can get in touch with the email address –  The toll-free number to reach out to the customer care representatives is –1860-419-3333. The representatives are available 24*7. 

The Head office of Indiabulls Consumer Finance Limited is located at:

Tower 1, 8th and 9th Floor
Indiabulls Finance Centre
Senapati Bapat Marg, Elphinstone Road (W)
Maharashtra- 400013.

The office timings are - 9:00 AM to 6:00 PM


Q1The interest rates charged by IndiaBulls Dhani are fixed or floating?
The interest rate offered by IndiaBulls is fixed and is computed using the reducing balance method that takes into account 30 days a month and 365 days a year during computation.
Q2Is it possible to apply for the loan with the co-applicant?
No, the procedure does not allow to apply for the loan with the co-applicant.
Q3What will be the installment cycle date on the EMI?
The applicant will have to choose the installment cycle date while applying for the loan. Presently Indiabulls offers two due dates of the 2nd and 5th of each month.
Q4How can I check my indiabulls personal loan status?
If the application is applied online its status can be checked online on the app and website. For offline application status, you can visit the branch personally or write to the address
Q5Is there any mode of applying for the loan, apart from the website?
An applicant can visit the branch of IndiaBulls to apply for the Dhani Personal loan.
Q6Can the disbursed loan amount be received at a different account other than the salary account?
The loan amount will be disbursed to the verified bank account, ensuring the protection of the interest of the borrower.
Q7How much time does it take to process the loan if it is applied through physical mode?
It may take up to 7 days for the process to be complete. It may vary according to the submission of the documents.
Q8How to contact the team if one doesn’t receive the sanction letter, loan agreement?
The customer care executives of India Bulls Dhani can be reached out at toll-free number- 1860 419 3333.
Q9How to pay the EMI for availing loan at Indiabulls Dhani?
The EMI can be paid through NACH.
Q10Does Indiabulls allow making part-payment before the first EMI?
As per the policy of IndiaBulls Consumer Finance Limited, part-payment before 1st EMI is not possible.
Q11How to make the overdue payment?
Overdue payments are made through NEFT/RTGS to the registered bank accounts.
15 Jul 2020
Indiabull's personal loan has made it easy for me to make a good decision on my personal loan. As it helps me in predicting my expenses. Also thanks to Afinoz for help at every step.