Eligibility & Documents
Check if you're eligible for a DhanRishi loan and learn about the required documents.
Eligibility Criteria
Age
You must be between 21 and 58 years of age
Citizenship
You must be an Indian citizen with a valid Aadhaar card
Income
Minimum monthly income of ₹18,000 for salaried individuals
Minimum annual income of ₹2,50,000 for self-employed individuals
Credit Score
A credit score of 650 or above is preferred
No active defaults in the last 12 months
Employment
Salaried: Minimum 6 months in current job
Self-employed: Business operational for at least 1 year
Benefits of Eligibility
Why Check Eligibility First?
Checking your eligibility before applying for a loan has several advantages:
No impact on your credit score
Instant results without any obligation
Personalized loan offers based on your profile
Saves time by avoiding rejected applications
Eligibility FAQs
What if my credit score is below 650?
We evaluate applications holistically. Factors like income stability and repayment history are also considered.
Can I apply if I'm self-employed?
Yes, self-employed individuals can apply with business proof, income tax returns, and bank statements.
How long does verification take?
Document verification is typically completed within minutes, with loan approval within 24 hours.
Frequently Asked Questions
Find answers to common questions about eligibility and documentation.
What if my credit score is below 650?
While a credit score of 650 or above is preferred, we evaluate each application holistically. Factors like income stability and repayment history are also considered. You can still apply, and we'll assess your eligibility based on multiple parameters.
Can I apply if I'm self-employed?
Yes, self-employed individuals can apply for DhanRishi loans. You'll need to provide business proof, income tax returns, and bank statements to verify your income and business stability.
How long does the verification process take?
Our verification process is designed to be quick and efficient. In most cases, document verification is completed within minutes. The entire loan approval process typically takes less than 24 hours, with many customers receiving approval within minutes.
Can I apply without an Aadhaar card?
Aadhaar card is mandatory for KYC verification as per regulatory requirements. However, if you're facing issues with your Aadhaar, please contact our customer support for assistance.