Dhanlaxmi Bank Personal Loan Interest Rates

The Dhanlaxmi Bank has intriguing features that make it an excellent alternative for a personal loan. Some of the characteristics and benefits are as follows-

• Loan Amount: For salaried individuals, Dhanlaxmi Bank offers loans ranging from Rs.1 lakh to Rs.15 lakh, and for self-employed individuals, Rs.3 lakh to Rs.15 lakh.
  
  
• Documentation: The Dhanlaxmi Bank's personal loan application process is simple and painless. Customers can obtain information about the procedure by visiting their local bank or by visiting the bank's official website.
  
  
• Payback Terms: Dhanlaxmi Bank offers variable repayment terms ranging from 12 to 60 months.

• Age: greater than 23 years
• Salary applicants engaged permanently with a Central/State Government institution, profit-making organization or companies, self-employed professionals, and self-employed non-professionals who work with a partnership firm/proprietorship business/private limited company are eligible.
• Work Experience in Total: 2 years and up for salaried
• Three years and up for self-employed professionals
• Five years with four years in current business for self-employed non-professionals

Following are the documents required to apply for the personal loan scheme from DhanLaxmi Bank-

• PAN Card, Passport, Driving License, Voters ID, Employee ID granted by Public Sector UndertakingGovernment/companies/Limited Companies only, Bank passbook, and Practice certificate that is issued by professional bodies such as ICAI/ICSI/ICWAI/ICFA are acceptable forms of identification.
  
  
• A birth certificate, school leaving certificate, PAN card, LIC policy, driving license, or college certificate are all acceptable forms of proof of age.
  
  
• Residential Proof: Voter ID, driver's license, valid passport, receipt of any insurer's life insurance premium, latest telephone bills, bank passbook, gas connection bill, or latest bank account statement, electricity bill, receipt of the co-operative housing society, rent agreement with the latest electricity bill

• Proof: VAT service tax registration certificate, Shop and Establishment Certificate, Importer-Exporter Code Certificate, most recent bank account statement in the entity's name with complete address, Sales Tax Registration Certificate, the Partnership deed or the Registration Certificate for partnership firms, MOA/AOA along with Incorporation Certificate for corporations.
  
  
• Proof of Operating Address: License Agreement in the entity's name, telephone bill/electricity bill in the entity's name, PAN notification letter, IT assessment order, acknowledged ITR of the entity, and most recent bank account statement in the name of the entity with complete address.
  
  
• Signature Verification: ECS mandate, initial payment cheque clearance, banker's verification, and the documentation presented by the entity while creating the bank account.

• The salary account's statement of the previous six months, as well as three recent pay slips.
• Form 16, appointment letter, HR authorized signatory letter
• PAN card, government employee ID card, PAN card, driving license, registered sale deed document with photo and signatures.