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  • DHFL Diwali offers on Home Loan

    Celebrate this Diwali with a spectacular Home Loan offer from DHFL:

    Purchasing a home has been exemplified as the quintessential Indian dream. However, the price of real estate has risen so dramatically over the last few decades that owning a home with a regular Joe’s salary is practically impossible. But, as the festive Diwali season looms large, every prospective home loan applicant can look forward to some interesting loan offers to hit the market.

    In this case, we have DHFL, a popular NBFC that provides affordable loan offer for home buyers. But, before jumping into the details of the loan, let’s first acquaint ourselves with what DHFL is.

    What is DHFL?

    DHFL, or Dewan Housing Finance Corporation, is the brainchild of Rajesh Kumar Wadhawan who is also referred to as a visionary businessman. Ever since it was established on April 11, 1984, DHFL has been providing access to affordable housing loans for the middle to low income groups, particularly in the semi urban and rural regions of India.

    A low down on DHFL’s Diwali Home Loan offer:

    In a bid to spur the property-owning dreams of millions of Indians, DHFL has deviced a home loan offer which is both easy to avail and affordable at the same time.

    As part of its Diwali Dhamaka offer, DHFL is currently ready to offer home loans at an interest rate of 10.15%. Apart from the relatively lower interest rates, some of the other benefits provided under this offer include:

    • Low processing fee:

      Usually, most of the banks and NBFCs charge 0.5%-1% of the total home loan amount as processing fee. For instance, if a person is applying for a home loan of Rs. 25 lakh, they’d have to shell out Rs. 12,500-Rs. 25,000 as processing fee, a sum that doesn’t take into account the taxes or the cost of documents like stamp paper and the like.

      However, with the DHFL Diwali Dhamaka home loan offer, the processing fee is comparatively less. Below is a tabular column which lists out the processing fee for different loan amounts.

    Loan Amount

    Diwali Dhamaka Processing Fee Offer

    Up to Rs. 30 lakhs

    Rs. 5,000 + doc.charges + tax

    Between Rs. 30 lakhs and 75 lakhs

    Rs. 10.000 + doc. charges + tax

    Above Rs. 75 lakhs

    Rs. 20,000 + doc. charges + tax

    • Tenures of up to 30 years:

      A vast majority of banks in India don’t usually offer home loans with tenures of more than 25 years. In this case, however, DHFL is offering loan tenures that can go as high as 30 years.

    Why should one apply for a DHFL Special Diwali Home Loan offer?

    Here are a few reasons why you should apply for a DHFL Special Diwali Home Loan offer:

    • A solid experience: 

      DHFL has had an experience of over 30 years in lending affordable home loans to the middle and low income groups. This means that the company has dealt with borrowers actively and understands the financial background of the demographic they are lending home loans to.

    • Avail personal counselling: 

      When you apply for a home loan with DHFL, you will have a personal counselling session, wherein the assessing officer will clear all your queries regarding the home loan. Besides, they will also counsel you on the total loan amount you are eligible for and help you work out a flexible repayment plan.

    • Available all over India: 

      DHFL has a presence in over 550 cities and towns across the country and some of the branches can even be found in tier-3 cities and small towns. This means that a prospective borrower doesn’t have to travel long distances to find the nearest DHFL branch office.

    • Transparent loan processing: 

      Unlike popular banks, borrowers can walk up to their nearest DHFL bank to ascertain how their loan is being processed, as it follows a transparent home loan processing system.All in all, the Diwali Dhamaka Home Loan offer by DHFL gives a borrower exactly what it promises: plenty of benefits along with reduced processing charges. This is why applying for a DHFL home loan can be an individual’s best bet during this diwali season.



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