Loan process
From checking eligibility to money in your account — here's exactly what happens at each stage, what you'll need to provide, and how long each step typically takes.
Before you start: the steps and timelines below describe the typical Dhanvarsha loan process. Actual documents requested, processing time, and outcome depend on the loan type, amount, and your individual credit profile. Completing an application, or passing the basic eligibility check, does not guarantee approval or the final rate offered.
The process
The same sequence applies to every loan type — only the specific documents requested in step 3 change.
Use the basic eligibility check to see, in under a minute, whether your age, income and employment type match our general criteria. This step does not access any credit bureau and has no effect on your credit score.
Choose a loan type and enter your personal, employment and income details online. You'll get an application reference number to track progress from here on.
Submit identity, address and income proof as photos or PDFs — see the exact checklist below for your employment type. Clear, complete scans reduce back-and-forth at the next step.
Our team verifies your documents and details. At this stage, a credit bureau check is typically carried out as part of full underwriting — this is a hard enquiry and may have a small, temporary effect on your credit score, as with any lender.
If approved, you'll receive a formal offer with your final rate, tenure and fees, along with the Key Fact Statement (KFS). Read it carefully before accepting — this is the exact, binding version of your terms, not the indicative figures shown earlier.
Once your signed agreement is processed, funds are transferred directly to the bank account you provided. You'll receive a disbursal confirmation and your first EMI due date by email and SMS.
Step 3, in detail
Exact requirements vary by loan type and amount — this covers what's most commonly requested.
What to expect
These are typical ranges observed across applications, not a promise for any specific one.
*Timelines are indicative and based on a complete, clearly documented application. Incomplete documentation, high application volumes, or additional verification requirements can extend any of the steps above.
FAQs
No. The basic eligibility check only uses the figures you type in — age, income, employment type and existing EMIs. It does not contact any credit bureau. A credit bureau check only happens later, during step 4, once you submit a full application.
Yes. Every application gets a reference number at step 2, and you can check its current stage — submitted, under verification, offer sent, or disbursed — through your online account at any time.
You'll be informed of the outcome along with the general reason where possible. Not being approved this time doesn't permanently affect your ability to reapply in future — for example, once your income or credit profile changes.
Yes, up until the offer stage. If you'd like to revise the amount or tenure, contact your relationship manager before you e-sign — changes after e-signing require a fresh application.
No. Submitting an application and going through verification carries no fee. Any processing fee is deducted only from the disbursed loan amount, and is shown clearly in your offer and Key Fact Statement before you accept.