DHFL Offers PLOT LOAN on R3 LAND without MDDA Layout....
If you can dream it, you can own it! Your dream home can become a reality with a home loan from DHFL. Everything you need to know to avail of a home loan is right here. You can be assured of fair terms, total transparency and flexibility. Because we believe that when it comes to owning a home, nothing should come in the way.
If you can dream it, you can own it! Your dream home can become a reality with a home loan from DHFL. Everything you need to know to avail of a home loan is right here. You can be assured of fair terms, total transparency and flexibility. Because we believe that when it comes to owning a home, nothing should come in the way.
Purpose of availing Home Loan
You can avail of a home loan for ready built-up or under
construction house/flat purchase.
Best suited for Professional & Self Employed Businessmen
At
DHFL, we understand that in India , only 7% of our labour force is in the
organized sector and the rest is in the unorganized sector. Most of the Indian
labour force is self-employed, with a majority running small shops, cottage
industries etc. Because of unorganized financial transactions in this industry,
many financial institutions shy away from servicing these people. Thus, to get
a home loan is a very difficult proposition to self employed people because of
variable income.
To
overcome this, DHFL has come up with home loans exclusively tailored for the
needs of self-employed people. Self-employed professionals as well as
non-professionals can now avail of home loans, thanks to DHFL’s pioneering
assessment processes.
Home loan for
Doctors, Retailers, Business men, Architects, Chartered Accountants and more.
Home
loans for self-employed professionals and non-professionals such as Retailers,
Small scale business men, Doctors, Architects, Chartered Accountants etc.
You can avail of a home loan for ready built-up or under construction house/flat purchase.
Home Loan Eligibility
You can avail a Home Loan of up to ` 500,00,000 (minimum loan amount 1 lac) but not exceeding 85% of the cost of property (including stamp duty and registration fees) or 80% of market value, whichever is lower. The loan amount can be further enhanced by including an earning co-applicant.
The actual Home Loan amount is determined taking into various account factors such as:
- Repayment capacity
- Age
- Educational qualifications
- Stability and continuity of income
- Number of dependents
- Co-applicant’s income
- Assets
- Liabilities
- Saving habits, and more
To know about Home loan EMI on your home loan, use our Home Loan EMI Calculator on Important Tools & Downloads Page of our blog.
Maximum Tenure Period for Home Loan:
Up to 30 years. The tenure of your Home Loan ranges from 1 to 30 years. The term however does not extend beyond the retirement age or 60 years whichever is earlier (65 years for self employed individuals).
DHFL understands the value of your hard earned money. With tenure of 30 years, you can reduce the EMI amount on your Home Loan, so that your outgoings every month do not come in the way of your lifestyle and living standards.
Home Loan Interest Rates
DHFL offers one of the most competitive rates in the market. The Interest rate applicable is based on the DHFL’s Retail Prime Lending Rate (RPLR) which fluctuates from time to time based on the money market conditions. To know more please fill up the Home loan enquiry form or call us at 9675774330
Home Loan Processing Fees
This is charged as the fee towards processing your home loan application. In case of salaried individuals (SAL) it is 1% of the loan amount, whereas for Self – employed Professionals / Non Professionals (SEP / SENP) it is charged at 1.5% of the loan amount, plus Service Tax and Cess as applicable.
Home Loan Tax Benefits
Get Maximum Tax benefit under Home Loan scheme. As per Indian IT Rules, the current applicable exemption u/s 24 is ` 1.5 lacs for the interest amount paid in a financial year and up to ` 1 lac for the Principal amount repaid in the same year. Thus up to ` 2.5 lacs is tax exempt, helping you save up to ` 70,000 tax
annually.
Fill in the Enquiry Form alongside, our Representative will get in touch with you to help you through the entire home loan process. Your dream home is within reach. Get ready to move in!
Loan against Property
Don’t let your valuable property sit idle. Let it work for you. Get a loan against the property you own through DHFL’s Loan against Property product and use it for any purpose you need: acquiring an asset, business needs, etc
Purpose:
Loan against the property owned which can be used for any purpose or need except specultion.
DHFL Loan against Property Eligibility
For the salaried class, any Indian, of age 18 years* minimum and up to the maximum age of retirement or 60 years, whichever is earlier and for the self employed category, the maximum age is 65 years.
DHFL Loan against property Amount:
For Self Occupied Residential Property: up to 60% of the market value.
For Self Occupied Commercial Property: up to 50% of the market value.
Minimum loan amount: ` 5 lac.
Maximum loan amount: Up to ` 5 crores
The above is subject to change from time to time at the sole discretion of DHFL’s lending policies.
Maximum Tenure of Loan:
The tenure of your loan ranges from 1 to 15 years. The term however does not extend beyond the retirement age or 60 years whichever is earlier (65 years for self employed individuals).
DHFL understands the value of your hard earned money. With a tenure of 15 years, you can reduce the EMI amount, so that your outgoings every month do not come in the way of your lifestyle and living standards.
Interest Rate:
DHFL offers one of the most competitive rates in the market. The Interest rate applicable is based on the DHFL’s Retail Prime Lending Rate (RPLR) which fluctuates from time to time based on the money market conditions.
Processing Fees:
This is charged as the fee towards processing your home loan application. In case of salaried individuals (SAL) it is 1% of the loan amount, whereas for Self – employed Professionals / Non Professionals (SEP / SENP) it is charged at 1.5% of the loan amount, plus Service Tax and Cess as applicable.
Easy Repayments
You have 2 options for repayment of the loan based on the EMIs payable on your Home Loan:
a) Through ECS (Electronic Clearing Service) based on standing instructions to your bank
b) PDCs (Post Dated Cheques) drawn on your Savings/Salary account
Easy Documentation for your Home Loans
For processing your home loan application, we’re required to adhere to certain documentation procedures. To enable us to speedily process your home loan application, we will require the following:
KYC (Know Your Customer) documents
Proof of Income documents and bank statements as per our DOCUMENTATION Page checklist
Property related documents
Stamp Duty:
Stamp duty on the loan documents to be executed shall be paid by the Applicant
Put your residential or commercial property you own to good use. Let it generate valuable money to meet your varied needs. Fill in the Enquiry Form alongside . Our Representative will get in touch to help you through the entire loan process.