Dhanshristi instant loan services for instant personal loan & Business Loan provides rapid access to funds, often within three to four days, for various financial needs.The entire application, verification, and disbursement process is handled digitally through Dhanshristi online platform, associate with lender's Online or website or mobile application.
How instant loans work
The process of obtaining an instant loan is designed to be fast and convenient.
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Online application: You apply through a lender's website or mobile app by providing your personal, income, and banking details.
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Instant eligibility check: A lender's automated system assesses your eligibility based on your income, credit score, and other factors. For eligible, pre-approved customers, this can happen in minutes.
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Digital KYC and verification: You submit or upload digital copies of mandatory documents such as your PAN and Aadhaar card. Some banks may require you to complete a video-based Know Your Customer (KYC) process.
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Disbursement: Once approved, the loan amount is credited directly to your bank account.
Personal Loan
A personal loan is a financial product that allows a person to borrow a fixed amount of money from a lender, without requiring collateral. The borrower repays the loan in fixed installments over a specified term, usually with interest.
Here are some things to know about personal loans:
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Purpose
Personal loans can be used for a variety of purposes, such as debt consolidation, home improvement, or unexpected expenses.
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Repayment
The borrower repays the loan in fixed installments over a specified term.
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Interest
The interest rate, monthly payments, and repayment terms vary based on creditworthiness, income, and other factors.
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Credit score
A credit score is a prediction of your credit behavior, such as how likely you are to pay a loan back on time. A good credit score can help you negotiate better loan conditions.
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Approval
Financial institutions consider criteria like employment history, repayment capacity, income level, profession, and credit history when approving a personal loan.
Personal loan, a salaried individual must submit documents to verify their identity, address, and income.
Standard document checklist for salaried employees
Identity proof (KYC)
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PAN card (mandatory)
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Aadhaar card
Address proof
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Aadhaar card
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Rent agreement
Income proof
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Last 3 to 6 months' salary slips
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Bank statements showing salary credits for the last 3 to 12 months
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Latest Form 16 or Income Tax Returns
Employment proof
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Employee ID card
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Appointment or offer letter from your current employer
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Experience letter from a previous employer
Other documents
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A duly filled and signed application form
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Recent passport-size photographs
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Signed loan agreement and Standing Instruction (SI) Request/ECS Forms, provided after sanction
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A cancelled cheque for bank account verification
Business Loan
A business loan is a financial product that provides funding for a business to cover costs associated with running and growing the business. Business loans can be used for a variety of purposes, including: Working capital, Equipment purchases, Real estate, Inventory, Expansion, and Cash flow management.
Business loans are a debt that is repaid over time, with interest, and the borrower retains full ownership of the business. The loan is typically provided by a financial institution or lender, such as a bank, credit union, or online lender.
Here are some things to consider about business loans:
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Repayment terms
The loan agreement will specify the interest rate and repayment period.
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Creditworthiness
The borrower's credit score is a key factor in the loan approval process and the maximum loan amount.
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Collateral
Depending on the borrower's creditworthiness, the loan may be secured, requiring collateral such as property or equipment.
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Application process
The application process typically involves providing documents such as ID, business formation documents, bank account statements, and licenses. A business plan is also often required to show how the funds will be used and how the loan will be repaid.
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Benefits
Business loans can provide financial flexibility, help with business expansion, and improve creditworthiness. The interest paid on a business loan may also be tax-deductible.
Business loan, we need identity and address proofs for the applicant and co-applicants, business registration and vintage proofs (like Udyam or GST certificates).
Personal Documents
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Identity Proof:
Valid documents for the applicant and co-applicants, such as PAN card, Aadhar card, Passport, Voter ID, or Driving Licence.
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Address Proof:
Similar to identity proof, including Passport, Aadhar Card, Voter ID, Driving Licence, or a recent electricity bill under the applicant's name.
Business Documents
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Business Registration Proof:
Documents like the Udyam Registration Certificate, GST Registration Certificate, or Certificate of Incorporation, depending on the business structure.
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Proof of Business Continuity:
Documents showing your business has been operational for a certain period, such as a Trade License, Shop Act License, or ITR/Sales Tax Certificates.
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Business PAN:
The Permanent Account Number of the business.
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Business Address Proof:
Documents like the lease agreement or a recent electricity bill in the name of the business.
Financial Documents
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Bank Statements:
Typically the latest 6-12 months of bank statements for both the business and the applicant.
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Income Tax Returns (ITR):
Past ITRs along with the computation of income for the business.
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Gold loan
A gold loan is a secured loan that allows a person to borrow money by pledging gold jewelry or ornaments as collateral
. The loan amount is a percentage of the gold's market value, and the funds can be used for any purpose, such as a medical emergency, wedding, or business expenses.
How a gold loan works
The process of obtaining a gold loan is typically fast and straightforward:
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Loan amount calculation: Lenders calculate the loan amount based on the gold's market value and the Loan-to-Value (LTV) ratio, which is capped at 75% by the Reserve Bank of India for banks.
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Documentation: You submit minimal documentation, such as identity and address proof, which are verified by the lender.
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Disbursal: Once approved, the loan amount is disbursed to your bank account, often within the same day.
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Repayment: You repay the loan and interest over a fixed tenure. Once the loan is fully repaid, your gold is returned. If you fail to repay, the lender can auction the gold to recover the money.
Benefits of a gold loan
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Quick disbursal: The approval and disbursal are fast, making it ideal for financial emergencies.
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Lower interest rates: Since gold serves as collateral, the interest rates are generally lower than unsecured loans like personal loans.
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No credit check: Your credit history is not the deciding factor, making gold loans accessible even to those with a poor credit score.
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Minimal documentation: The process requires only basic KYC documents like Aadhaar and PAN card, and often no income proof is needed.
Loan Against Property - LAP
Loan Against Property (LAP) is a secured loan where a borrower pledges their property as collateral to a financial institution. The loan amount is usually a percentage of the property's market value.
Loan against property or LAP is a secured loan type that allows you to pledge your property in exchange for a loan. Let's get to know what is LAP and what are its benefits. There are various credit options available to loan seekers. Right from secured to unsecured loan products, you can pick one as per your preference.
नियम एवं शर्तें:
A. ऋण स्वीकृति -
हमारे ऋणदाता भागीदारों के माध्यम से हमारा ऋण स्वीकृति नीचे दी गई पात्रता पर निर्भर करता है:
i. आवेदक के उचित केवाईसी दस्तावेज।
ii. दो साल पुराना व्यवसाय पंजीकरण प्रमाणपत्र।
iii. बैलेंस शीट के साथ दो साल का आईटी रिटर्न।
iv. एक साल पुराना तथाअच्छी तरह से बनाए रखा चालू खाता बैंक स्टेटमेंट।
v. दो साल पुराना तथा अच्छी तरह से बनाए रखा बचत खाता बैंक स्टेटमेंट
v. अनुलग्नक के साथ उद्यम पंजीकरण अनिवार्य
vi. या तो कार्यालय/निवास स्वामित्व वाला/माता-पिता का होना चाहिए।
vii. चालू खाता/ओवरड्राफ्ट/नकद ऋण खाता/वेतन खाते को प्राथमिकता।
viii. चालू खाते (व्यवसाय ऋण) में न्यूनतम टर्नओवर 30 लाख वार्षिक
ix. बचत खाते में न्यूनतम मासिक वेतन रु. 20,000/- (कार्मिक ऋण)
x. ईएमआई बाउंस - पिछले 3 महीनों में 0 होना चाहिए।
xi. सिबिल अपवर्जन- पिछले 6 महीनों में कोई भी 30+ विलंबित भुगतान तिथि (DPD) नहीं।
B. ऋण अस्वीकृति (केवल अगले 90 दिनों के लिए) -
हमारे ऋणदाता भागीदारों के माध्यम से हमारा ऋण अस्वीकार नीचे दी गई पात्रता की कमी पर निर्भर करता है:
i. आवेदकों का सिबिल स्कोर 650 से कम है।
ii. विलंबित भुगतान तिथि (DPD) यदि दूसरों बैंक/एनबीएफसी से मौजूदा ऋण है।
iii. अतिदेय यदि दूसरों बैंक/एनबीएफसी से मौजूदा ऋण है।
iv. पिछले तीन महीनों में 12 से अधिक निजी और व्यावसायिक ऋण पूछताछ नहीं
v. पिछले एक महीने में 4 से अधिक निजी और व्यावसायिक ऋण पूछताछ नहीं
vi. सेवा योग्य पिन कोड सूची के अनुसार (अवरुद्ध पिन कोड पता।)
C. समग्र नीति:
i. ऋण पात्रता - अधिकतम FOIR मूल्य 65% है।
FOIR - आय अनुपात के लिए निश्चित दायित्व (जैसे EMI, किराया)
ii. पिछले 6 महीनों में औसत बैंकिंग बैलेंस (ABB) >=15000 (CC/OD बैंकिंग पर लागू नहीं)।
iii. औसत त्रैमासिक बैलेंस (BQB)/EMI >= 1.25 (CC/OD बैंकिंग पर लागू नहीं।
iv. उन मामलों के लिए GST अनिवार्य है जहाँ 12M में बैंकिंग टर्नओवर (BTO) >= 40 लाख है।
v. L12M में बैंकिंग टर्नओवर क्रेडिट संचयी >= रु. 30,00,000।
vi. न्यूनतम ब्यूरो विंटेज >= 9 महीने होना चाहिए।
vii. प्रोसेसिंग फीस 2% से 4.66% ।
Terms & Conditions :
A. Loan Approval - Our Loan approval through our lenders partners depends on eligibility like below:
i. Applicant's proper KYC documents.
ii. Two year old Business registration certificate.
iii. Two year IT Return with Balance sheet.
iv. One year old/Vintage well maintained Current account Bank statement.
v. Two year Old/Vintage Well maintained Saving account Bank statement
v. Udyam Registration with annexure mandatory
vi. Either Office/Residence should be Owned/ Parental.
vii. Priority to Current account/Overdraft/ Cash Credit account/Salary account.
viii. Minimum turnover 30 lakhs yearly in Current Account ( Business Loan)
ix. Minimum monthly salary Rs,20,000/- in saving account (Personnel Loan)
x. EMI Bounce - Should be 0 in last 3 months.
xi. Cibil Exclusion- No any 30+ Delay Payment Date (DPD) in last 6 months.
B. Loan Rejection (For next 90 days only) - Our Loan reject through our lenders partners depends on not eligibility like below:
i. Applicants' Cibil score below 650.
ii. Delay Payment Date (DPD) if having existing loan from others Bank/NBFC.
iii. Overdue if having existing loan from others Bank/NBFC.
iv. Not More than 12 enquiries in last three Months
v. Not more than 4 personal and business loan enquiries in last one month
vi.. As per Serviceable Pin code List (Blocked Pin Code Address.)
C. Overall Policy :
i. Loan eligibility - Max FOIR value is 65%.
FOIR -Fixed Obligation to Income Ratio (like EMIs, rent)
ii. Average Banking Balance (ABB) in Last 6 months >=15000 (Not applicable on CC/OD banking).
iii. Average Quarterly Balance( BQB)/EMI >= 1.25 ( Not applicable on CC/OD banking.
iv. GST is Mandatory for the cases where Banking Turnover (BTO) in 12M >= 40 Lacs.
v. Banking turnover Credit Cumulative in L12M >= Rs. 30,00,000.
vi. Minimum bureau vintage should by >= 9 Months.
vii. Processing Fees 2% to 4.66 % Approx.
Our social investment-Donation plan for microfinance involves a dual objective of achieving both positive social impact (e.g., poverty alleviation, women's empowerment, financial inclusion) and financial sustainability. Key components and goals of such a plan typically include:
Core Objectives & Target Audience
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Poverty Alleviation: Providing access to financial services for low-income individuals and communities who are excluded from traditional banking systems to help them escape the cycle of poverty.
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Financial Inclusion: Reaching marginalized populations (e.g., rural dwellers, women, self-employed entrepreneurs) with appropriate financial products such as micro-loans, savings accounts, insurance, and money transfers.
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Empowerment: Specifically targeting women entrepreneurs to promote their economic independence and enhance their decision-making power within their households and communities.
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Entrepreneurship and Job Creation: Enabling aspiring entrepreneurs to start or expand small businesses, thus fostering local economic growth and creating jobs.
Key Components of the Plan
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Product Diversification: Offering a range of financial and non-financial services beyond basic credit, such as financial literacy training, business development support, and technical assistance, to enhance the overall effectiveness of the loans.
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Responsible Lending Practices: Adhering to client protection principles to prevent client over-indebtedness, ensure transparent pricing, and implement effective grievance redressal mechanisms.
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Capacity Building: Investing in the institutional capacity of the Dhanshristi Bhavisya Nidhi Trust itself, through staff training, improved technology/MIS, and robust governance structures to ensure long-term sustainability and efficient operations.
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Strategic Partnerships: Collaborating with local stakeholders, government agencies, and other financial institutions to share resources, leverage funds, and create a supportive ecosystem for growth.