Loan App Details & Reputation
App Name
Dhani
Tagline/Description
Super Saver App: Loans, UPI, Cards, Savings Account, & more
Developer/Company Name
Dhani Loans and Services Limited (formerly Indiabulls Ventures Limited)
Website URL
Social Media Handles
Facebook: @dhani | Twitter: @dhani_loans
Contact Information
Phone: 0124-6165365
License and Registration Details
RBI registered NBFC
Latest News/Updates
December 2023: Dhani expanded its loan offerings to include personal loans for salaried and self-employed individuals.
September 2023: Launched the Dhani Super Saver card with benefits like cashback and discounts on purchases.
Loan Details
Loan Amount (Minimum and Maximum)
₹1,000 to ₹15,00,000
Interest Rate (Daily, Weekly, Monthly, Annually)
1% to 3.5% per month (12% to 42% APR)
Loan Tenure (Minimum and Maximum)
EMI, OneFreedom (3 part payments)
Repayment Options
Bullet repayment or EMIs
Fees (Processing, Late Payment, etc.)
Vary based on loan amount and tenure
Eligibility Criteria (Age, Income, Credit Score, etc.)
- Age: 21 to 58 years
- Indian citizen
- Salaried or self-employed
- Minimum monthly income: ₹15,000
Documents Required
PAN card, Aadhaar card, bank statements, salary slips (if applicable)
Loan Purpose
Personal expenses, medical emergencies, education, etc.
App Ratings and Reviews
Google Play Store Rating
4.2 stars (10M+ downloads)
Apple App Store Rating
4.4 stars
Trustpilot Rating
4.0 stars (mixed reviews)
Google Reviews
Positive reviews for quick disbursal and easy process. Some complaints about customer service and high-interest rates.
User Reviews and Feedback
Positive Reviews
Easy application process, quick approval and disbursal, flexible repayment options.
Negative Reviews
Concerns about high-interest rates for some, difficulty reaching customer support, hidden charges.
Customer Support
Contact Channels
In-app support, email , Phone
Support Hours
24/7
FAQs and Knowledge Base
FAQ section available on website and app
Loan Disbursal and Repayment
Disbursal Time
Within hours (for eligible borrowers)
Repayment Options
EMI, OneFreedom, debit card, net banking
Late Payment Fees and Penalties
Late fees and charges apply, details in loan agreement.
Additional Features
Credit Score Check and Reporting
Yes (through Dhani OneFreedom)
Loan Calculator and EMI Simulator
Available on website and app
Financial Education Resources
Limited resources on website
Referral Programs or Incentives
Referral program with rewards
Regulatory Compliance
RBI or NBFC License Details
RBI registered NBFC
Compliance with Indian Banking Regulations
Yes
Step-by-Step Guide to Using MoneyTap
Download and Install
From Google Play Store or Apple App Store.
Google Play Store Link
Apple Store Link
Registration
Using mobile number and OTP
Profile Completion
Personal, employment, and financial details.
KYC Verification
Upload documents (PAN, Aadhaar, etc.).
Loan Application
Choose loan type (personal loan or OneFreedom) and amount.
Approval and Disbursal
If approved, funds are disbursed to bank account.
Repayment
Through app using various methods.
Disclaimer
The information presented in this document regarding loan apps is intended for general informational purposes only and is current as of the date of this post. It is compiled from sources believed to be reliable, including official websites, app stores, and user reviews. However, the financial landscape, app features, interest rates, and terms can change rapidly.
Instantloansindia does not endorse any specific loan app or guarantee the accuracy, completeness, or timeliness of the information provided. It is crucial that users verify all information directly with the respective loan app or financial institution before making any financial decisions.
Instantloansindia shall not be held liable for any damages, losses, or liabilities arising from the use or reliance on the information herein. Users are solely responsible for their financial choices and should consult with qualified professionals for personalized financial advice.