DHFL Home Loan | Interest Rate | Eligibility | Documents Required

DHFL Home Loan, with a slogan ‘Way to changing rules, way to changing live’. DHFL is one of the leading housing finance company of the country, with has been in business for more than 30 years and since the inception, the company has been a brand name as one of India’s largest housing finance companies. With around 349 offices and more, the housing finance company has expanded its network to the length and breadth of the country and thus providing the facility of housing finance to the people spread all over the country.

Features of DHFL Home Loan

With DHFL Home Loan, you are assured of the most convenient and affordable home loans for the purpose of a home to satisfy your needs and demands and to make your family happy and more secure.

The various features and benefits of DHFL Home Loan are as follows :

Loan Amount

With DHFL Home Loan, avail a Home Loan of up to 5 crores with a minimum loan amount of 1 lac. However, the, limit of the sanction of loan amount is not exceeding 85% of the cost of property, which includes stamp duty and registration fees, with a condition that whichever is lower either 80% of market value or the former as said.

Tenure & Term

The tenure of your Home Loan ranges from 1 to 30 years for DHFL Home Loan. However, this term bears a condition that the term should not extend beyond the retirement age or 60 years and thus whichever is earlier, either 65 years for self employed individuals, or former discussed, will be considered.

Purpose

The purpose of home loans through DHFL must be ready built-up or under construction house or for the puporse of flat purchase

Facility of reduction of EMI

The DHFL home loans has the facility to the people to reduce the EMI at any moment of the loan tenure, which in a way proves highly beneficial such that the your outgoings every month do not come in the way of your lifestyle and living standards.

Rates of interest on DHFL home Loans

The Interest rate applicable is based on the DHFL’s Retail Prime Lending Rate (RPLR) fluctuates from time to time, thus completely depending on the money market conditions

Processing Fees on DHFL Home Loans

DHFL Home Loans processing comes with the fees as charged towards processing your home loan application.

Eligibility of DHFL Home Loans

The actual disbursement of DHFL Home Loans depends on the combination of several factors, these factors are as below :

• Repayment Capacity of the loan seeker

• Age of the loan seeker

• Educational qualifications of the applicant

• Co-applicant’s income (if any)

• Assets of the applicant

• Stability and continuity of income of the loan applicant

• Number of dependents on applicant

• Liabilities on the loan applicant

• Saving habits, and more

The DHFL Home loans are a way more convenient and quick for the home loans. With the best documentation processing in a quick manner and nothing much of a hassles, the DHFL Home Loans is a good solutions to the financial needs during home buying.