Dhanwa

Dhanwa is instant personal cash loan app in India. It aims to help people in urgent need of money. The application will be completed within 5 minutes, and the money will be immediately transferred to the user's bank account when it is approved.

Dhanwa cooperates with NBFC, All loan applications are approved and sanctioned by NBFCs/Banks registered with RBI.

Product features：

Loan Amount: from ₹ 1,500 to ₹ 20,000.

Interest Rate: The interest rate is from 12% to 36% per annum.The interest rate is from 1% to 3% per mensem.（Depends on the customer's risk profile and loan tenure）

Tenure: flexible tenure from 91 days to 365 days.

Processing Fee: Ranges from 2% ~ 10% for one-time charge(including loan processing fee, payment gateway fee, credit fee and GST. The fees will be reduced from the loan amount).

GST: 18% of Processing Fee (GST will be applicable only on the fee components as per Indian laws.)

Interest Calculation:

Loan Amount: ₹ 5,000

Term: 3 months

Interest: ₹5000x 3 x 25%*12 = ₹312.5

Processing Fee: ₹5000 * 10% = ₹500 (18% GST of processing fee, which is ₹90).

Total Repayment Amount: ₹5000 + ₹312.5 = ₹5,312.5

Equally Monthly Instalments (EMI): ₹1,770.8 per month

*These numbers are for representation only and the final interest rate or processing fee may vary from one borrower to another depending on his/her credit assessment.The maximum Annual Percentage Rate (APR) is no more than 36%.

Benefits & Risks：

Get access to higher amounts & tenures as you repay on time.

As compliance requirement your payment behaviour is shared with credit rating agencies; based on that your credit score may increase/decrease.

Eligibility:

Indian Citizen.

18-60 years old.

With regular source of income.

Why Dhanwa?

No credit history required.

Available Pan India

High loan amount & Low interest rate.

Get 24*7 access to loan anytime, anywhere

How it works？

Download Dhanwa App from google play store and install.

Register an account with your mobile number.

Fill out the Your Personal and work details with required documents.

Upload KYC documents - ID, PAN card

After the submission, the final result will be shown in the APP. If approved, you will receive a text message via SMS.

E-sign the loan agreement after the approval.

Loan amount is disbursed into your account and SMS notification will be sent.

Security:

All the transactions are secured via a 256-bit SSL encryption. All the data are transferred over secured connections. We will fully guarantee the security of each user's information and will not share the user's information with anyone without the consent.

Have problem when using Dhanwa？

Please contact our online service for help:

Working time: 9:00 am – 18:00 pm (Monday - Saturday)

Email: [email protected]

Webstie: https://www.dhanwa.in/

Address:C-2/27, SECTOR-31,, NOIDA, Gautam Buddha Nagar, Uttar Pradesh, India, 201301