DHFL Bank Loan Against Property

Loan Against Property is availed to meet financial needs by mortgage of property. The funds obtained from the mortgage of property can be used to meet various financial needs like business expansion, working capital, pursue higher studies, medical treatments, debt consolidation, and so on.

DHFL is one of the leading Housing Finance Companies (HFC) in India which offers loan against residential as well as commercial properties to help you fund your business and personal financial needs. DHFL provides customised loan options at competitive interest rates on loan against property and flexible repayment tenures. Approval of Loan Against Property is done quickly which makes it the best solution for your immediate financial needs.

The following are the features and advantages of availing Loan Against Property from DHFL:

• You can avail a loan of a minimum of 5 Lakhs to up to a maximum of 2 Crores.
• The maximum repayment tenure is 15 years.
• A facility for transferring the outstanding balance of your existing loan from another financial institution to DHFL is available along with a top-up loan.
• The loan is offered at a competitive rate of interest
• The documentation and approval process is simple and quick
• There are no prepayment charges for floating interest rate loans (prepayment is allowed only after 6 months of agreement date).

Every loan scheme has certain eligibility criteria that are to be met to avail the loan. Following are the eligibility criteria for Loan Against Property:

Following are the different charges levied by DHFL on Loan Against Property:

DHFL offers the following two types of Loan Against Property options:

Loan Against Residential Property

The key features of the loans are:

• Purpose: This loan can be utilised for meeting business expansion or working capital requirements or for personal needs like planning a vacation, wedding, education, medical, and so on.
• Quantum: The quantum of the loan is a minimum of 5 Lakhs and a maximum of 10 Crores.
• Security: Collateral security of residential property or residential plot
• Repayment tenure: The loan can be repaid within a maximum period of 15 years

Loans Against Commercial Property

The key features of the loan are:

• Purpose: This loan can be utilised for meeting business expansion or working capital requirements or for personal needs like planning a vacation, wedding, education, medical, and so on.
• Quantum: The quantum of the loan is a minimum of 5 Lakhs and a maximum of 10 Crores.
• Security: Collateral security of commercial property or commercial plot
• Repayment tenure: The commercial property loan can be repaid within a maximum period of 15 years

With MyMoneyMantra's EMI Calculator, you can calculate the proposed equated monthly instalment of DHFL Loan Against Property.

To use the MyMoneyMantra EMI Calculator you have to follow some simple steps mentioned below:

• Visit MyMoneyMantra's website
• Click on the Loan Against Property EMI Calculator that is given under the tab of Financial Tools
• Provide the basic information required like loan amount, rate of interest, and repayment tenure
• Click on the Calculate button and the EMI will be calculated instantly
• On arriving at the EMI that suits your pocket, choose the lender who gives you the benefit .

Why Use a Loan Against Property Calculator?

The EMI Calculator is used to understand the eligibility and to determine the EMI. With this tool, you can choose the EMI that is affordable by trying various combinations, in terms of interest, loan amount, and loan tenure.

On arriving at the affordable EMI, you will understand the quantum of loan you will be eligible for. With this, you even get to understand if the loan amount available is sufficient for the purpose for which you are availing the loan. You can then decide whether to avail the loan or not. Also, the amortization table available in the website helps in the careful planning of repayment of a property loan from DHFL.

Apart from Loan Against Property, DHFL also offers the following products and services to its customers:

For any query related to the Loan Against Property you can contact through the following means:

Through Toll-Free Numbers:

For New Customer: 1800 22 34 35

Monday to Sunday, from 9:00 AM to 7:00 PM

For Existing Customer: 1800 3000 1919

Monday to Saturday, from 9:00 AM to 6:00 PM

Through SMS

SMS DHFL to 56677

Through Email

response@dhfl.com

You can also find out and visit the nearest DHFL branch.