DHFL
Home Loan

Additional Info: Also check DHFL Loan Against Property

• DHFL Home Loan interest rates starting at 11.00% p.a.
• Simple documentation process
• A wide range of DHFL housing loan products to purchase ready to shift or under construction house/ flat or even a resale property.
• You can get loan of up to 90% of your property's value, depending on the loan amount
• You can choose tenure of 1 to 30 years. The maximum tenure cannot be extended beyond your retirement age or 60 years (for salaried individuals) and 70 years (for self-employed individuals), whichever is earlier.
• You can apply for a DHFL Home Loan independently or a co-applicant

Also Check - Home Loan Tax Benefit

The current interest rate for DHFL Home Loan interest rate starts at 11.00% per annum.

Any salaried or self-employed individual (professional or non-professional) who is a resident of India and whose age is between 18 years to 60 years (70 for self-employed) is eligible for a Home Loan. The eligibility criteria for home loan may change as per the chosen Home Loan scheme.

Also Check - Home Loan Eligibility Criteria of DHFL Bank

To apply for DHFL Home Loan, you need to have the following documents in place:

Also Check: Monetary Policy

Also Read - Home Loan Processing Fees of All Banks/NBFC

DHFL Home Loan comes with various benefits. Here are some reasons why you should opt for this loan:

• Loan available for both salaried and self-employed
• Special interest rates for women borrowers
• Low interest rates on home loan
• DHFL Home Loan articulation or amortisation plan gives you a month to month interest payments and yearly interest payments which can assist you with claiming derivations of your Home Loan interest payments under section 24 of Income Tax Act, 1961.
• You are qualified for tax benefits under Section 80C of the Income Tax Act, 1961 on repayment of the loan (on principal as well as interest amount).
• Easy repayment options through post-dated cheques, Electronic Clearance System (ECS), National Automated Clearing House (NACH). In ECS/NACH your EMI will specifically deduct from your bank account on each due date.

New Home Loans

Home Renovation Loans

Home Construction Loans

Home Extension Loans

Plot Loans

Home Loan Balance Transfer

Plot & Construction Loans

NRI Home Loans

Pradhan Mantri Awas Yojana (PMAY)

Additional Info: Also check DDA Housing Scheme 2022

Applying for the DHFL Home Loan on MyMoneyMantra is a simple process:

• Visit our official website of MyMoneyMantra
• Go to Home Loan section
• Select your gender
• Choose the city of your residence
• Check out the purpose of the loan. Each loan product has a distinct procedure to follow.
• Finalise the city where you intend to purchase the property
• Provide information about the approximate value of the property you intend to purchase
• Submit details about your employment type, annual income, required loan amount, and a few personal details.
• Enter your phone number and email address
• Accept the terms and conditions and proceed further
• You will get an OTP on your mobile number
• Enter the OTP

You can now choose the loan provider as DHFL Home Loans:

• Keep your documents ready for verification
• The MyMoneyMantra team will contact you and assist you in applying for the Home Loan to the bank of your choice. This service is free of cost.
• The marketing team from DHFL Home Loans will contact you to verify the documents
• You have to arrange for the valuation and legal scrutiny. DHFL has advocates and evaluators on its panel to do the job.
• DHFL official would like to have a personal interview with the prospective borrower to assess the income level, property, investments, credit history, and the source of funds to meet the margin requirements.
• On completion of the verification process, DHFL would proceed with the processing of the loan application.
• On the approval of the loan, DHFL would provide the loan offer letter containing the terms and conditions of the sanction.
• You have to accept the terms and conditions and return one copy of the letter duly signed
• The execution of the Home Loan documents is the next step
• The banks will disburse the loan as per the terms of the sanction
• Proceed with the creation and registration of the equitable mortgage

Additional Info: Also check DHFL Home Loan Balance Transfer

You can use the DHFL Home Loan EMI Calculator at MyMoneyMantra to determine your EMI for DHFL Home Loan.

Here are the steps to follow:

• Visit www.mymoneymantra.com
• Go to EMI Calculator under Financial Tools tab
• Enter the loan amount you require, tenure, and rate of interest for your Home Loan
• Click on Calculate button

You get the complete information which includes your loan EMI, total interest payable on loan, and total payable loan amount (principal + interest).

Also Read: 20 Lakh Home Loan

You can contact DHFL Customer Care at their following Toll-Free numbers:

1800 3000 1919 or 1800 22 34 35

Corporate address:

National Housing Bank

Department of Regulation & Supervision,

4th Floor, Core 5A,

India Habitat Centre,

Lodhi Road,

New Delhi - 110 003

Customers can also book a complaint by writing an email to the customer care team of DHFL. Their email address is - response@DHFL.com