Get Personal Loans in Dhanbad
Dhanbad, the coal capital of India, is not only rich in resources but also in growing financial needs. Whether you’re a salaried employee, government worker, or a self-employed professional—personal loans can help during medical emergencies, home repairs, education, travel, or debt consolidation.
At WeCredit, you can compare multiple offers and apply for a personal loan in Dhanbad 100% online. From uploading documents to receiving disbursal, everything happens digitally—no branch visits or paperwork needed.
Personal Loan EMI Calculator
Total Principal:
Total Interest Payable:
Total Payment:
| Year | Total Paid | Principal Paid | Interest Paid | Balance Left |
|---|
Top Personal Loan Interest Rates in Dhanbad
Here’s a comparison of personal loan interest rates from various lenders:
| Lenders | Interest Rate |
|---|---|
| Moneyview | 15.6% |
| KreditBee | 18% |
| Fibe | 18% |
| Prefr | 18-36% |
| L&T Finance | 10.8% |
| Incred Finance | 15.6%-36% |
| Bank of Baroda | 10.10% |
| Bank of India | 10.25% |
| IDBI Bank | 9.5%-14% |
| PNB | 11.40% |
| State Bank of India | 11.15% |
| Union Bank of India | 9.30% 13.40% |
| ICICI Bank | 10.75% 19% |
| Indusind Bank | 10.5% Onwards |
| IDFC First Bank | 10.75% |
| Kotak Mahindra Bank | 10.5% |
| RBL Bank | 14%-23% |
Small Cash Loan Using Your Aadhar Card
Documents Required for a Personal Loan in Dhanbad
| Category | Documents |
|---|---|
| KYC Documents |
|
| Income Documents – Salaried |
|
| Income Documents – Self-employed |
|
| Other Documents |
|
Why WeCredit for Personal Loans in Dhanbad?
- Hassle-free online application
- Instant loan approval
- Fast disbursal to your account
- Minimal documentation
- Flexible repayment tenure (1 to 5 years)
- Attractive interest rates
- Pre-approved offers
- Easy EMIs
How to Apply for a Personal Loan in Dhanbad?
For Applicants with a Good Credit Score:
You’re more likely to receive lower interest rates if your credit score is strong. At WeCredit, we reward financial discipline with better rates.
For Applicants with a Low Credit Score:
WeCredit offers support for individuals with poor credit history by providing secured loans, financial counselling, and co-borrower options to improve your loan eligibility.
Eligibility Criteria for Personal Loan
| Criteria | Details |
|---|---|
| Citizenship | Indian |
| Age Limit | Minimum 21 years at loan application and maximum 60 years at loan maturity |
| Monthly Income | ₹20,000 |
| Work Experience (Salaried) | Minimum 1 year, but some lenders require more than one year of experience |
| Work Experience (Self-employed) | Minimum 2-3 years of experience required |
| Credit Score | 700 or above |
*Personal loan eligibility criteria may vary from lender to lender.
Our Partners
How WeCredit Works
Compare Loans
Easily compare loan options from multiple lenders to find the best fit for you.
Register Online
Our simple online registration process makes applying quick and convenient.
Get Quick Approval
Receive fast approval on your loan application, getting you the funds you need without delay.
1. Can I apply for a personal loan in Dhanbad online?
Yes. Whether you’re in Hirapur, Saraidhela, or Bartand, you can apply 100% online without visiting a branch.
2. How fast is the disbursal of personal loans in Dhanbad?
After approval, most lenders disburse the amount within 24 to 48 hours directly to your bank account.
3. Do I need to provide collateral for a personal loan?
No. These are unsecured loans, so you don’t need to provide property, gold, or guarantor.
4. Can small business owners in Dhanbad apply?
Yes. Traders, shopkeepers, and freelancers in Dhanbad can apply using ITRs, business proof, and bank statements.
5. What income is needed to apply for a loan?
₹20,000 per month is the general minimum. Higher income may qualify you for better rates and higher amounts.
6. Is a low credit score acceptable in Dhanbad?
You may still get approved, but loan terms might be adjusted. You can improve approval chances with a co-applicant.
7. Do government employees in Dhanbad get special benefits?
Yes. Public sector employees often receive faster approvals and lower interest rates from lenders.
8. What documents are needed for the loan application?
You’ll need Aadhaar, PAN, income proof (salary slips or ITR), and 3–6 months of bank statements.
9. What happens if I miss an EMI in Dhanbad?
You may incur penalties and see a drop in your credit score. It’s best to activate auto-debit to avoid delays.