Dhanlaxmi bank is known for its customers' services and effective personal relations with their clients. It offers various loans to provide financial help be it an education fee, renovation of the house, paying your bills, or anything else. Personal loans can be easily availed at the bank without hassles.
|Dhanalakshmi Bank Personal Loan Details Updated on 23rd January 2020|
|Loan Amount||Rs.100,000 to Rs.15,00,000|
|Loan Tenure||5 Years|
|Interest Rate||9.85% onwards|
Loanbaba provides comprehensive information about personal loan schemes by Dhanalaxmi Bank. Keep a note of this page to stay updated with recent information on this bank loan scheme. You can also quickly apply for this loan online on the financial institution's official website without having to visit the bank branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.
Personal Loan Dhanlaxmi Bank interest rate is 9.85% MCLR per year. Keep a check on this page to note the updated interest rate for Dhanlaxmi Bank personal loan.
To be eligible for the personal loan, the following is necessary:
The bank primarily looks at your CIBIL score to decide the eligibility. Thus, try to build your credit score.
If you have pending loans, you can refinance them with the personal loan at lower interest rates, lower EMIs and an extended tenure.
In case of less number of EMIs left on loan, you can prepay the same and close your loan.
The bank has a mix of secured as well as unsecured loans. The secured loans are, however, favourably considered as it shows the bank that you’ve acquired assets in that time period instead of simply building the credit.
Types of Dhanlaxmi Bank Personal Loan
Dhanlaxmi Bank has personal loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes.
Below provided are important questions about personal loan Dhanlaxmi Bank.
The bank goes through a credit check. If you have taken multiple loans, it will show as a bad report and ultimately affect your credit score.
Having a lot of is considered unfavourable. Though if you might not have used the cards much, but it reduces the total credit limit.
You can use the personal loan amount for commercial or personal activities. The bank does not restrict how you use the money.
Customers can connect with customer care of the bank by visiting the bank’s official website and filling an online help form and sending the same depicting the requests, feedbacks, or queries. The customers can write to Dhanalakshmi bank at its Kerala registered office as well.
Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of Dhanalakshmi Bank.