With DHFL Home Loan Secure Your Property And Make Funding Affordable

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Home financing is not a simple task and you must know this that is why to make your home funding affordable Deewan Housing Finance Ltd. (DHFL) provides home loans to the customers. By applying for the DHFL home loan your property 90% cost is supported by the housing finance company. The charged interest rates are also low and you can borrow a loan amount according to your property value. To know about the DHFL home loan features and benefits read the given article.
What is the DHFL home loan interest rate?
The housing finance company charges both fixed and flexible rate of interest on your borrowed amount. You can choose a suitable DHFL home loan interest rate for making your equated monthly installments (EMIs) affordable. DHFL housing company provide a longer loan repayment duration up to 30 years. And, the DHFL home loan interest rate is starting from 9.75% it depends on the prime lending rate of the housing finance company. The current PLR of the DHFL is 19.42% and it can affect your loan EMI if you choose a flexible home loan interest rate. Also, you can manage the loan EMIs by checking it using the DHFL home loan EMI calculator. 
How to use DHFL Home Loan EMI Calculator?
To calculate the monthly loan installment of your home loan use the DHFL EMI calculator, it is an online calculator that computes the approx. EMI of your borrowed loan amount. You can use the calculator by entering your loan details inside it. Just mention your borrowed amount, interest rate and loan tenure and it will generate the monthly installments. For instance, if you borrow a loan amount of INR 50 lakh for house construction at an interest rate of 10.16% with a repayment duration up to 30 years. Then it must be hard for you to estimate the EMI of the loan amount because to calculate the EMI you have to use a mathematical formula [P x R x (1+R)^N]/[(1+R)^N-1]. So, instead of doing the calculation by yourself let the DHFL home loan calculator do this. For the mentioned amount and interest rate the generated EMI would be INR 44,434. 
Submit documents and get the loan approval 
During the loan procedure don’t forgot to check the eligibility because if you are not eligible for the DHFL home loan then your loan application might get rejected. To avail, the DHFL home loan your age must be above 21 years. And, you can also check the loan eligibility by using the DHFL home loan eligibility calculator. After checking all the basic DHFL home loan details you can apply easily by going to the nearest branch of DHFL or through its online website. Submit the documents to the housing finance company such as KYC proof like Aadhar Card, PAN Card, Voter ID proof, etc. Also, submit your income proofs like salary slip, bank statement, TDS report or last income tax return report for DHFL home loan.
Location: India

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