DHFL Home Loan

Dewan Housing Finance Company Ltd (DHFL) is the second Non-banking finance company of India that was established specifically for providing the home loans. On 11 April 1984, DHFL was incorporated by Rajesh Kumar Wadhawan. With its headquarter in Mumbai, DHFL currently has 200+ branches across India. It is among the biggest financial companies of India. It is a specialized company in providing affordable homes to lower and middle-income groups. DHFL home loan is a single solution for your economic housing finance needs.

Providing easy and affordable home loans is the USP of DHFL As mentioned earlier DHFL does not focus solely on creamy layers of high-income groups. This organization has made home loans possible for a wide range of income groups.

Product and Target segment

The main product of DHFL has predominantly been home loans. But apart from that, this company has also been excellent in SME loans and loans against property. Therefore, we can say that DHFL is a helping hand for those who earlier couldn’t dream of having their financing needs fulfilled.

Benefits of DHFL home loan

Apart from the abovementioned features, there are some other benefits of DHFL home loan as well. They are:

  • Long duration- The loan tenure can be as long as 30 years or for a period until which the borrower gets 60 years of age, whichever is earlier.
  • The low rate of interest- The interest rate of DHFL home loan starts at 8.70%.
  • Multiple repayment modes- DHFL allows repayment through both Electronic clearings service as well as Post-dates cheques.
  • Quick and hassle-free loan- To stay competitive every financing company has to give its highest priority to its customers’ time. Therefore, DHFL promotes faster and convenient loan procedure.

Unique proposition of DHFL home loan

Financing up to 90%– For a loan of up to 30 lakhs, almost 90% of the total cost of the house can be given as a loan.