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Home / Finance / Personal Loan / What is DMI Finance Personal Loan Interest Rate?
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What is DMI Finance Personal Loan Interest Rate?

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0 2024-08-08T11:05:47+00:00

Hello, I can help you by sharing the DMI finance personal loan interest rate. DMI Finance gives personal loans at a rate of interest ranging between 12 to 45 per cent per annum. I took a loan from them a while ago and can tell you more about the rate of interest.

What is the DMI Finance Rate of Interest Personal Loan?

Here is the complete information about the DMI Finance personal loan.

Loan Type

Loan Amount

Loan Tenure

Rate of Interest 

Personal Loan

Rs. 1,000 to Rs. 25L

2 to 60 months

12 to 45 per cent p.a.

What Does the Personal Loan Interest Rate Depend on?

The personal loan range is huge and to get a lower interest rate, your profile should be at its best in certain areas.

  1. Income: A higher income reduces your interest rate as it assures the lender.

  2. Credit Score: A healthy credit score of 700 to 750 is considered good. A higher credit score improves your chances of landing a lower interest rate.

  3. Relationship with the Lender: If you have an existing relationship with the lender, you can get a personal loan at a lower interest rate. 

So, keep these things in check to get a personal loan at a lower interest rate. This is all from my side. I hope you are now aware of the DMI finance interest rate for the personal loan. 

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