Dhanlaxmi Bank Personal Loan Key Features Jan 2021
|Age||23 – 58 yrs (at loan maturity )|
|CIBIL score||Minimum 750 or above|
|Dhanlaxmi Bank Persona Loan Interest Rate||11.25% per annum|
|Lowest EMI per lakh||Rs. 2187|
|Tenure||12 to 60 months|
|Dhanlaxmi Bank Personal Loan Processing Fee||Upto 2.5% of the loan amount subject to a minimum of Rs .1250/-|
|Prepayment Charges||2% + ST of the Principal Outstanding|
|Part Payment Charges||Not Applicable|
|Minimum Loan Amount||Rs. 1 Lakh|
|Maximum Loan Amount||Rs. 15 Lakh|
Each Feature Explained in Detail Below
Dhanlaxmi Bank Personal Loan Eligibility Criteria
Personal Loan Eligibility criteria is as follows:
|CIBIL score||750 and Above|
|Min Income||Rs 35000/month|
Dhanlaxmi Bank Personal Loan Fees and Other Charges
|Dhanlaxmi Bank Personal Loan Interest Rate||11.25% per annum|
|Dhanlaxmi Bank Personal Loan Processing Charges||Upto 2.5% of the loan amount subject to a minimum of Rs .1250/-|
|Stamp Duty||As per state laws|
|Cheque Bounce Charges||Rs. 500 + GST|
|Floating Rate of Interest||Not Applicable|
Dhanlaxmi Bank Personal Loan Documents Required
|Form||Duly filled application form|
|Proof of Identity||Copy of:
> Driving License
> Aadhar Card
> Voter ID Card
|Proof of Address||Rent Agreement (Min. 1 year of stay)
Passport (Proof of permanent residence)
|Proof of Income||> ITR: Last two Assessment years
> Salary Slip: Last 6 months
> Bank Statement: Last 3 months
Dhanlaxmi Bank Personal Loan EMI Calculator
Dhanlaxmi Bank Personal Loan Compared to Other Banks
|Bank||Interest Rate||Tenure||Loan Amount & Proc Fee|
|Dhanlaxmi Bank||11.25%||12 to 60 months||Up to Rs. 15 lakh / Up to 2.50% of the loan amount|
|HDFC Bank||10.50% to 21.50%||12 to 60 months||Up to Rs. 40 lakh / Up to 2.50% of the loan amount|
|Bajaj Finserv||Starting from 12.99%||12 to 60 months||Up to Rs. 25 lakh / Up to 3.99% of the loan amount|
|Axis Bank||7.35% to 24%||12 to 60 months||Rs. 50,000 to Rs. 15 lakh / Up to 2% of the loan amount|
|Citibank||Starting from 10.50%||12 to 60 months||Up to Rs. 30 lakh / Up to 3% of the loan amount|
|Private Bank||10.50% to 19.25%||12 to 60 months||Upto Rs. 20 lakh / Up to 2.25% of the loan amount|
|Gold Loan||Car Loan||Home Loan||Business Loan|
|TWL||LAP||Credit Card||Education Loan|
Why should you apply for Dhanlaxmi Bank Personal Loan with Dialabank?
Dialabank is a team of experts that will help you sail through financial storms with ease. Our representatives ensure that you get the best deals and offers for your needs.
How to Calculate EMIs for Dhanlaxmi Bank Personal Loan
Input the following parameters in the EMI calculator given below.
- Amount of the Loan
- Rate of Interest
- Tenure (In months)
Dhanlaxmi Bank Personal Loan Processing Time
Dhanlaxmi Bank provides quick disbursal personal loans. Your loan application is processed within 48 hours of submission, and you get disbursal within 72 hours.
Dhanlaxmi Bank Personal Loan Preclosure Charges
Dhanlaxmi Bank charges you a foreclosure fee of 2% plus GST to pre-close your loan account. You will also need to pay foreclosure statement charges of Rs 200.
Dhanalaxmi Bank Personal Loan Overdraft Scheme
Dhanalaxmi Bank Personal Loan Offers an Overdraft Scheme. With this, you are provided a loan amount as an overdraft facility. It works like a Credit Card, where you can spend your Personal Loan Amount as you want anytime anywhere. The overall loan amount will have a Credit/Loan Limit. In the Dhanalaxmi Bank Personal Loan Overdraft facility, the bank charges interest only on the amount you withdraw/utilize.
Pre Calculated EMI for Personal Loan
Types of Dhanlaxmi Bank Personal Loan
Dhanlaxmi Bank Marriage Loan
Apply for Dhanlaxmi Bank personal loan and get the best personal loan interest rates and offers catering to your needs. Dhanlaxmi Bank lets you borrow a loan amount of up to Rs. 15 lakhs for all your expenses.
Dhanlaxmi Bank Personal Loan for Government Employees
Government employees get special rates and loan terms to meet their financial needs. Dhanlaxmi Bank provides specially catered offers for central and state government employees.
Dhanlaxmi Bank Doctor Loan
Dhanlaxmi Bank gives special rates to the medical professionals keeping in mind their professional and as well as personal needs.
Dhanlaxmi Bank Personal Loan for Pensioners
Dhanlaxmi Bank has personal loan offers for elderly citizens who draw the pension from their bank account.
Dhanlaxmi Bank Personal Loan Balance Transfer
If your current personal loan is putting a hole in your pocket, you can apply for a personal loan balance transfer and get lower rates of interest and an easier EMI schedule.
Dhanlaxmi Bank Personal Loan Top Up
When in need of additional funds despite already having a personal loan, a borrower can avail of a personal loan top-up facility without having to re-apply for another loan.
Dhanlaxmi Bank Personal Loan Status
You can check the status of your Dhanlaxmi Bank personal loan in person by visiting the branch or through their website.
How to Apply for Dhanlaxmi Bank Personal Loan?
While applying for Dhanlaxmi Bank Personal Loan, you can either use online mode via Dialabank or visit Dhanlaxmi Bank nearest branch. Given below are the steps you can follow for easy online loan approval:
- Visit Dialabank
- Also, you can visit the Dhanlaxmi Bank Personal Loan page on Dialabank.
- After visiting the page, you can see whether you are eligible, you have documents or which scheme is best for you.
- Enter your details in a simple online form.
- Once you’re through it, you will get a call from us.
- We will provide you with further assistance.
- To know further, dial 9878981166
FAQs About Dhanlaxmi Bank Personal Loan
✅ How to apply for Dhanlaxmi Bank Personal Loan?
There are two ways to apply for a personal loan from Dhanlaxmi bank. The first is to apply for a personal loan by visiting through the Dhanlaxmi Bank branch. Another way is to submit a form with Dialabank. Through Dialabank, you can get ease from anywhere and get your personal loan approval faster.
✅ What is the Interest Rate for Dhanlaxmi Bank Personal Loan?
Dhanlaxmi Bank charged an interest rate for a personal loan starting at 11.25%.
✅ What is the minimum age for getting a Personal Loan from Dhanlaxmi Bank?
You can avail a personal loan from Dhanlaxmi Bank if you are 23 years old.
✅ What is the maximum age for getting a Personal Loan from Dhanlaxmi Bank?
The maximum age requirement for getting a personal loan from Dhanlaxmi bank is 58 years.
✅ What is the minimum loan amount for Dhanlaxmi Bank Personal Loan?
You can make use of Rs. 1 lakh minimum for your personal loan from Dhanlaxmi bank.
✅ What is the maximum loan amount for Dhanlaxmi Bank Personal Loan?
You can get a maximum loan amount for a personal loan from Dhanlaxmi bank up to Rs. 15 lakhs.
✅ What are the documents required for Dhanlaxmi Bank Personal Loan?
The documents required for applying for a personal loan from Dhanlaxmi Bank are the Aadhaar card, driving license, voter ID, passport, ration card, salary slips of last 6 months, bank statements of the last 3 months, ITR of the last two financial years.
✅ What is the Processing Fee for Dhanlaxmi Bank Personal Loan?
The processing fee charged by Dhanlaxmi bank for a personal loan is up to 2.5% of the loan amount.
✅ How to get Dhanlaxmi Bank Personal Loan for Self Employed?
Dhanlaxmi Bank provides special offers for self-employed to assist them financially. You have to present the ITR files of the last two assessment years.
✅ What relaxation scheme and moratorium Dhanlaxmi Bank provides in relation to Personal Loan due to COVID 19?
Dhanlaxmi Bank offers a 6 monthly moratorium.
✅ What is the Maximum Loan Tenure for Dhanlaxmi Bank Personal Loan?
The maximum loan tenure for availing of a personal loan from Dhanlaxmi Bank is 60 months.
✅ What should be the CIBIL Score for Dhanlaxmi Bank Personal Loan?
The CIBIL score for getting a personal loan from Dhanlaxmi Bank should be 750 and above.
✅ Do I have a pre-approved offer for Dhanlaxmi Bank Personal Loan?
You can examine your preapproved personal loan offers from Dhanlaxmi Bank with Dialabank. You just fill the form and Dialabank will check out the best offers for you.
✅ How to calculate EMI for Dhanlaxmi Bank Personal Loan?
To calculate your personal loan EMIs for Dhanlaxmi Bank, using the EMI calculator available at Dialabank’s website.
✅ How to pay Dhanlaxmi Bank Personal Loan EMI?
Your personal loan EMIs for Dhanlaxmi Bank are deducted automatically from your account number. You can pay EMIs from the net-banking.
✅ How to close Dhanlaxmi Bank Personal Loan?
For closing your personal loan, you have to clear the outstanding loan amount and then receive a dues certificate from the Dhanlaxmi Bank branch.
✅ How to check Dhanlaxmi Bank Personal Loan Status?
You will visit the Dhanlaxmi Bank branch for checking out your personal loan status. On the other hand, you can visit Dialabank and fill the form to allow us to do the best for you.
✅ How to close Dhanlaxmi Bank Personal Loan Online?
The steps should be followed by you to close your personal loan for Dhanlaxmi Bank:
- Net-banking page visiting
- Login with your details.
- Pay your personal loan.
- Save the transaction receipt.
✅ How to pay Dhanlaxmi Bank Personal Loan EMI Online?
You can pay your personal loan EMI through the net-banking service of Dhanlaxmi Bank. For a low-EMI personal loan, Dialabank will help you in comparing offers from different banks. For getting a low- EMI personal loan, you have to fill a simple form with Dialabank.
✅ How to check Personal Loan Balance in Dhanlaxmi Bank?
You can check your personal loan balance for Dhanlaxmi Bank, you will come in contact with the customer care number. If you are in search of low-interest personal loans, you can visit Dialabank and fill the form for Personal Loan Balance Transfer and we will do work for you.
✅ How to download Dhanlaxmi Bank Personal Loan Statement?
The personal loan statement for Dhanlaxmi Bank can be downloaded through the Dhanlaxmi Bank mobile banking app. You also visit Dialabank online and fill a simple form and know about all the offers for you.
✅ How to Top Up Personal Loan in Dhanlaxmi Bank?
To get a top-up personal loan from Dhanlaxmi bank, you will visit the bank branch and contact the loan officer. Also, you can fill a simple form with Dialabank at Personal Loan Top Up.
✅ What happens if I don’t pay my Dhanlaxmi Bank Personal Loan EMIs?
Dhanlaxmi Bank charges you penal interest if you don’t pay your personal loan EMIs. You also can apply for a balance transfer through Dialabank to get low-interest personal loans.
✅ How to find Dhanlaxmi Bank Personal Loan account number?
You will contact the Dhanlaxmi Bank loan branch to know your account number of personal loans. A simple form may be filled by you which is available at Dialabank.
✅ What is the Dhanalaxmi Bank Personal Loan closure procedure?
- Just go to the bank with the documents.
- Write a letter for pre-closure of the Dhanalaxmi Bank Personal loan account.
- Pay the pre-closure charges as per Dhanalaxmi Bank Personal Loan.
✅ What is Dhanalaxmi Bank Personal Loan preclosure charges?
Dhanalaxmi Bank Personal Loan preclosure charges are Nil.
✅ What is the Dhanalaxmi Bank Personal Loan overdraft scheme?
For simplifying the process and providing you with a hassle-free service while processing an overdraft scheme at Dhanalaxmi Bank Personal Loan is provided, it gives you an online way to get your own overdraft, also known as Smartdraft – Overdraft Against Salary. You do not need to visit bank branches and go through a boring process. Just log in to the Dhanalaxmi Bank online banking portal and from there you can fill out a simple form and get an overdraft under your name.
✅ What is the Dhanalaxmi Bank Personal Loan minimum tenure?
Dhanalaxmi Bank Personal Loan minimum tenure is 12 months.
✅ What is the Dhanalaxmi Bank Personal Loan customer care number?
The customers get in touch with the bank via call on 9878981166.