DHFL Home Loan

DHFL star star star star star 4.0 / 5.04 users

DHFL Home loan can be taken to fund your dream house purchase. A home loan is a secured loan, where the house you intend to purchase is considered as collateral. DHFL (Dewan Housing Finance Corporation) has a network of 359 offices spread across India ensuring its best services to the demanding consumer base. Not just in India, it is also spread abroad covering London, USK and UAE catering the increasing NRI population in these countries. It offers home loans to Indians and NRI.

This NBFC has tie-ups with public and private sector banks like Punjab and Sind Bank, United Bank of India, YES Bank and Central Bank of India. At Loanbaba.com, you will come across all types of DHFL Home Loans in India.

DHFL Home Loan Details Updated on 17th December 2018

Loan Amount

Up to Rs. 5 crores

Loan Tenure

1 year to 30 years

Interest Rate

8.35% to 9.35% 

Why Choose DHFL Home Loan?

  • The advantage of this loan is its same interest throughout the duration, if fixed, but flexible on floating rate of interest.
  • Simple documentation is needed and the home loan in DHFL then gets processed faster.
  • The customers can pay off the loan in easy instalments every month and can repay it via auto debit or PDC or ECS.
  • You can check out DHFL home loan eligibility and DHFL Home Loan EMI calculator at Loanbaba.com.

Features of Home Loans at DHFL

Some of the features of DHFL home loan are as follows.

  • One can avail a loan amount of up to Rs 5,00,00,000, minimum being Rs 1 lakh. However, the amount of loan including registration fee and stamp duty shouldn’t exceed 85% of the property value or 80% of its market value, whatever is lower.
  • The interest rate may vary from 8.35% to 10% based on the current market rates.
  • The tenure of the loan ranges from 1 year to 30 years. However, you shouldn’t be extending your retirement age of 60 years of 65 in case of the self-employed.
  • The loan can be availed only to construct or purchase a house.
  • The processing fee is non-refundable. It ranges from Rs 5000 to Rs 20,000 in case of salaried and self-employed professionals and 1.5% of the loan amount in case of the self-employed non-professionals. GST shall apply.

Why Apply for DHFL Home Loan on Loanbaba.com?

At Loanbaba, you can compare and apply for home loans online. You can check out several home loan schemes by DHFL go through all their features such as quantum of loan, amount of loan, processing fees, interest rates, and other conditions, at one page. You can also quickly apply for DHFL Home Loan online on our website without having to visit the branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.

How to Apply for DHFL Home Loan on Loanbaba?

You can apply for Home Loan DHFL or loan with any other bank /NBFC home loan at Loanbaba.com.

DHFL Home Loan Interest Rates

The DHFL home loan interest rate starts at 8.35% to 9.35%, but varies as per individual profile. Keep a check on this page to note the updated DHFL loan interest rates for the current year.

DHFL Home Loan Eligibility Calculator

Home loan eligibility may differ from one candidate to another. You can also use free-of-cost DHFL home loan eligibility calculator at Loanbaba.com. The eligibility criteria for DHFL housing loan are discussed below:

  • The applicant for home loan DHFL needs to meet the age requirement and possess all necessary identity and income proof required to apply for the loan.
  • He/she meet the requirement for credit score and should not be under too many debts.

Documentation requirements for sole proprietorship or partnership or a private limited firm

  • Passport sized photographs of the applicant and the co-applicant.
  • Fully filled application form for Reliance Home Loan
  • KYC documents including their identity and residential proof. This may include a copy of your voter ID, passport, Aadhar card, PAN card, driving license, etc.
  • Attested copies of your partnership, AOA or MOA.
  • Audited financial papers of the previous 2 years.
  • Income tax returns of the partners or the directors for past 2 years.
  • Bank statement of the operating account for past 6 months.
  • Qualification certificate if the candidate is an expert such as a doctor, advocate, charted accountant, architect or a civil engineer.

Documentation requirements for salaried and entrepreneurial individuals

  • Filled application form for Reliance Home Loan
  • Passport sized photographs of both the applicant and the co-applicant.
  • KYC documents including their identity and residential proof. This may include a copy of your Aadhar card, voter ID, passport, PAN card, driving license, etc.
  • Form 16
  • Salary slips of past 3 months.
  • Bank statement of past 6 months.
  • Repayment track record

Types of DHFL Home Loans

DHFL has home loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes.

DHFL Home Loans FAQs

Below provided are important questions about home loan DHFL in India.

  • addFAQs
    1. What is the repayment option for Home Loan DHFL?
    2. Easy repayments options: The EMI repayment can be made either through Electronic Clearing Service, ECS, based on the instruction given by the bank or through post-dated cheques drawn from your salary or savings account.

    3. Are there any tax benefits on home loan by DHFL?
    4. Availing home loans gives you a good number of tax benefits. The Indian residents are eligible to get a benefit on both principal and interest components of the home loan. As per the Income Tax Act, 1961, section 24(b) gives an exemption of Rs 2 lakh for the interest paid during the financial year or up to Rs 1.5 lakh under 80C for the principal amount repaid in the same year.

    5. Can a home loan from DHFL have a co-applicant?

    While an individual applicant can apply for the home loan, the earning co-applicant can further enhance the loan value. The co-applicant can be spouse or a family member of the primary borrower.

DHFL Home Loan Review


Home Loan
star star star star star 15.0/5
DHFL provided me an instant response in regards to my Home Loan application. The processing charges were minimal. It is a trusted service from their team.
Mumbai December 13, 2018
Home Loan
star star star star star 14.0/5
My experience with DHFL for Home Loan in Bangalore was a good one. My schedule was so hectic that I chose to apply online for the loan at loanbaba and was not disappointed by either of their service. Both loanbaba and DHFL were professional in their service.
Mumbai December 13, 2018
Home Loan
star star star star star 12.0/5
Home Loan by DHFL was perfect, but the turnaround time is something they can work upon.
Mumbai December 13, 2018
Home Loan
star star star star star 15.0/5
I had applied my Home Loan in Mumbai at DHFL. I was in dire need of funds and fortunately got the loan amount soon.
Mumbai December 12, 2018

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