How DHFL Home Loan Interest Rate Helps in Buying a New House?

There must be a hassle in your mind when you are planning to buy a new property. You must think of your income, EMI and probably the interest rate. You don’t need to worry about all this when Deewan Housing Finance Ltd. offers you a home loan at an attractive interest rate. The housing finance charges an interest rate form 9.50% per annum and provides interest rate at both fixed and floating type. Read on to know about the features of DHFL home loans.

The lowest EMI with affordable rates on DHFL home loan!

You can get the home loan approval from the housing finance if you have enough income to pay the loan and the charged interest rate. Although the DHFL home loan interest rate is based on the repo linked lending rate that is 19.42%. So to get a suitable interest rate to your home loan, you need to add an earning co-applicant which can be your spouse, son or daughter. Your age must not exceed the retirement age during the tenure that is 60 years. Because then you get a shorter tenure for the loan payment.

Use the DHFL eligibility calculator!

The borrower must use the online DHFL home loan tool, to find the loan amount he/she can borrow from the housing institution. Just go to the official DHFL website and on the home loan page, you will find the calculator button click on it to use it. Enter your monthly income and name to know how much the Housing Finance can lend you. After that click submit and the computed loan with the EMI and the DHFL home loan interest rate is shown on your screens. Getting the idea of your EMI and the borrowed amount, you can choose a suitable tenure for the loan.

Once the planning is done and all the paperwork is completed, you can add the token amount to the dealer for the house or property. Then apply for the DHFL home loan and live in your desired house with the attractive DHFL home loan interest rate on your EMI.

Apply for the loan from DHFL!

You can fill up an online application form and submit your KYC and income proof to the housing finance office. Once the loan is approved by the DHFL, you need to pay a processing charge for it that is INR 2,500 with GST. After the payment of processing fee, it takes up to a few weeks in the loan disbursal. After the disbursement of your DHFL home loan, you can pay it to the home dealer and get the original documents of the house or property. Then the payment procedure starts from the next month of loan disbursement and for this, you can use ECS PDCs or NACH methods. Because due or late payment charges can affect your credit history.

Live in your dream home with the DHFL home loan and get the best interest rates on your EMI along with a tenure of 25 years or less depending on your choice or eligibility.