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    DHFL Home Loans for NRIs

    We found 1 DHFL Home Loans for NRIs

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.60% - 9.75% Floating
    5,000 to ₹20,000 One time fee
    1L - 5Crs
    1-30 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria

    DHFL Home Loans for NRIs is Rated as "Pretty good" by 680 Users

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    Promised Interest Rate

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    DHFL Home Loans for NRIs

    Overview of DHFL Home Loans for NRIs in Overseas Locations:

    Established in the year 1984, DHFL provides housing finance assistance to lower and middle income groups in semi-urban and rural India, at extremely affordable interest rates. Being the second housing finance company to be established in the country, the company boasts of a rich heritage. Based in Mumbai, DHFL has a widespread network of multiple offices across India. DHFL also has an international presence through its representative offices in Dubai and London for catering to the financial needs of NRIs. Taking a progressive step in the arena of housing finance, the organisation has tied up with leading private and public sector banks like United Bank of India, Punjab and Sind Bank, Central Bank of India and YES Bank.

    Every Non Resident Indian, who stays in a foreign land to earn his/her living, nurtured the dream of coming back to India and owning a house in his/her homeland. While the emotions behind this aspiration are very strong, the task of buying a house in India, especially when one is not residing here, can be a daunting one. As a buying a house involves various intricate stages like locating an ideal property, researching about builder credibility, paperwork, collating documents, and fulfilling the financial requirements; it seems impossible to get all of these right without being physically present.

    No matter where you go, India will always be home. Owning a home in India is a dream everyone cherishes, however being based outside India, buying a home in India can be quite a challenging and tedious task – starting from identifying a suitable property, ensuring builder credibility, legal processes, property documents and putting the finances in place.

    DHFL understands this challenge and hence offers NRI Home Loan services for Indians residing overseas. The company offers practical and simplified home loan solutions with convenience, and provides complete assistance through all the stages of buying a house (right from property search, financing options, legal, technical checks, and a lot more).DHFL’s international representative offices lets NRIs avail Home loan services right from the comfort of where they are based in any part of the world.

    DHFL NRI Home Loan Features and Benefits:

    Features and benefits for Home Loans for NRIs residing in the Middle East:

    • NRI Home Loan can be availed for purchasing new property, resale property, land purchase as well as construction requirements.
    • A maximum loan amount of up to 80% of cost of property is provided
    • The loan tenure is as long as up to a period of 15 years
    • If the prospective property is yet to be decided upon, then a pre-sanction loan facility is also provided.
    • Electronic clearing facility from non-resident accounts for repayment
    • Affordable and competitive interest rates

    Features and benefits for Home Loans for NRIs residing in United Kingdom:

    • NRI Home Loan can be availed for purchasing new property, resale property, as well as construction requirements.
    • A maximum loan amount of up to 80% of cost of property is provided
    • The loan tenure is as long as up to a period of 20 years
    • If the prospective property is yet to be decided upon, then a pre-sanction loan facility is also provided.
    • Electronic clearing facility from non-resident accounts for repayment
    • Affordable and competitive interest rates

    Features and benefits for Home Loans for NRIs residing in USA:

    • NRI Home Loan can be availed for purchasing new property, resale property, as well as construction requirements.
    • A maximum loan amount of up to 80% of cost of property is provided
    • The loan tenure is as long as up to a period of 20 years
    • If the prospective property is yet to be decided upon, then a pre-sanction loan facility is also provided.
    • Electronic clearing facility from non-resident accounts for repayment
    • Affordable and competitive interest rates

    The DHFL NRI Home Loan Advantage:

    • International representative offices enable you to get easy accessibility and help smooth communication directly from your base of operations.
    • Allotment of a dedicated officer helping with every stage of the loan availing process.
    • DHFL provides the borrower with an internal legal and technical teams to help with assessment and evaluation of the prospective property
    • A widespread network of over 450 offices across India to cater to the specific local requirements
    • Loan solutions for self-employed and salaried individuals
    • Smooth and quick handling of all the paperwork required in India

    DHFL NRI Home Loan Documentation

    The following documents are required to avail a NRI home loan if the borrower is residing in U.K -

    • Duly filled and signed loan application form
    • Copy of passport and valid visa (stamped)
    • Address proof - Utility bill, tenant agreement, etc.
    • Copy of valid identity proof and address proof for Power of Attorney in India
    • Copies of borrower’s salary slips of the last 3 months
    • Copies of appointment letter/ employment contract
    • Copy of latest year’s P60 form
    • Copies of Bank account statement for the last 6 months. This would mean current/checking account including salary account, Savings and Non-resident accounts – NRE/NRO.

    The following documents are required to avail a NRI home loan if the borrower is residing in USA:

    • Duly filled and signed loan application form
    • Copy of passport and valid visa (stamped)
    • Address proof - Utility bill, tenant agreement, etc.
    • Copy of valid identity proof and address proof for Power of Attorney in India
    • Copies of salary slips (last 3 months) of the borrower
    • Copies of appointment letter/ offer Letter
    • Copy of latest year’s W2 form
    • Copies of Bank account statement for the last 6 months. This would mean current/checking account including salary account, Savings and Non-resident accounts – NRE/NRO.

    The following documents are required to avail a NRI home loan if the borrower is residing in the Middle East:

    • Duly filled and signed loan application form
    • Copy of passport and valid visa (stamped)
    • Copy of valid identity proof and address proof for Power of Attorney in India
    • Work Permit/ Labour card copy / Employment Identity card of the borrower.
    • Latest Salary Certificate from employer
    • Pay slips of last 3 months.
    • Copies of Appointment letter/ Employment contract
    • Copy of latest tax returns, only if applicable
    • Copies of Bank account statement for the last 6 months. This would mean bank account with an overseas bank, Savings and Non-resident accounts – NRE/NRO.
    • Latest personal credit bureau report, only if applicable

    Frequently Asked Questions (FAQs)

    1. I want to avail a Home Loan from DHFL. Are there any eligibility criteria for the same?

      The applicant needs to be –

      • A resident of India or an NRI
      • At least, 21 years old or above during availing the loan
      • Below 60 during the maturity of the loan
      • Salaried or self-employed individual with an acceptable source of income
    2. What are the loan processing charges for NRI Home Loan availed by a borrower staying in the Middle East?

      The processing charges applied are 1% - 1.15% of the total loan amount.

    3. Approximately how much time is required for Home Loan disbursal?

      DHFL home loans are disbursed approximately within 3-15 days. This is after complete documentation and completion of all relevant procedures have been done successfully. This also includes the proof that 20% of the cost has been paid upfront to the seller of the property.

    4. Why does DHFL offer home loans for NRIs (residing overseas)?

      A lot if Indians move abroad due to career and work opportunities. While some of them intend to settle down there, a huge chunk of them want to come back to India post retirement. It is for this sake that they want to invest in a property back in India so that they have an abode when they are back. On the other hand a lot of NRI youth staying abroad, earning well, intend to buy property in India for their old parents and it is for this purpose that they need a home loan. DHFL provides home loans to simplify such need for financial funds for buying a house, for NRIs.

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  • DHFL Home Loan for NRIs Reviews

    • DHFL Home Loan
      "Not Followed their promises"
      0.5 0.5/5 "Unacceptable"
      Application no. 01460145. My home loan had not got approved until 5th April (according to DHFL representative statements). They told that, that was the year end so they would process my loan on next financial year. Eventually, it got approved on 6th April and they informed to arrange the registration. So I arranged the registration on 7th April and they dispatched the cheque on 7th April. Everything was set to go. Anyone would expect the EMI be following in the month of May as I got the Loan amount in the month of April. I am very shocked, as the loan got approved on 6th April and first EMI starts on 12th April. So I called and inform to DHFL rep, he told "I will check and let you know". I called him on 13th April. It's more than a week since I raised my concern & still have been waiting for the response. I tried contacting them but the respective staff did not pick my call. Now They charged 11.25% interest, since they confirm as 10.25% while they check my credit eligible.
      Was this review helpful? 1
      , chennai
      Reviewed on May 09, 2017
    • DHFL Home Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      Recently I had taken a housing loan from DHFL. Interest rate is 8.14% which is too normal when compared with other banks in the market. I am quite satisfied in rate of interest. Documentation part is very simple with them. I had received a very good customer service from DHFL.
      Was this review helpful? 3
      , indore
      Reviewed on May 04, 2017
    • DHFL Home Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I am having the home loan with the DHFL and I got the loan approval in couple of days. Services are an excellent one with them. Interest rate is around 8.7% and the response is also a good one with them. Documentation procedures are nominal one with them.
      Was this review helpful? 3
      , dubai
      Reviewed on Apr 29, 2017
    • DHFL Home Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I got home loan from DHFL. When I was taking a loan from them the interest rate was 9.55% now they have changed it to 8.95%. Two years back I had taken a loan. Till there is no issues with them. I had got this loan with ten days of time. Their approach is really good.
      Was this review helpful? 2
      , erode
      Reviewed on Apr 27, 2017
    • DHFL Home Loan
      "Fast Service"
      0.5 4.0/5 "Great!"
      I had got home loan from DHFL. Recently I availed the loan. The interest rate is 9.80% which is nominal. It was easy for me to take a loan from them. Even they had completed the home loan process within the stipulated time. I got such a fast service from them.
      Was this review helpful? 1
      , pune
      Reviewed on Apr 26, 2017
    • DHFL Home Loan
      "Applied Insurance without signing any doc & started EMI"
      0.5 0.5/5 "Unacceptable"
      Regarding the DHFL application ID: 01459573, submitted a Nallasopara Branch, post finalization on deal of my First Home in Mira Road, I applied for an Home Loan in DHFL by 1-2 week of March. When I went to sign the final agreement and documents on 25th March, I was shocked to see the final loan amount was jumped from ~34 lakh to ~37 lakh. Without any confirmation DHFL opted for all insurance that summed to 2.25 lacs. I asked to revert the insurance but they said its not possible and asked to cancel. Now they have started collecting the EMI without Disbursement and any document with penalty. I am really in trouble, my home owner is on top of my head to cancel the deal.
      Was this review helpful? 1
      , mumbai
      Reviewed on Apr 20, 2017
    • DHFL Home Loan
      "Good "
      0.5 4.0/5 "Great!"
      I got the home loan with the DHFL with the interest rate as 9.8% and the loan amount got disbursed to my account within thirteen to fourteen days of time. Response is good one with them but am not satisfied with the customer service like they have not resolved my queries real time. Post disbursement response is not really good with them.
      Was this review helpful? 0
      , lucknow
      Reviewed on Apr 15, 2017
    • DHFL Home Loan
      "Prompt"
      0.5 4.0/5 "Great!"
      I got the home loan with DHFL and their interest rate is slightly high while compare with other competitors. The loan amount got disbursed to my account with quite faster moment. Response is good one with them, also they are very prompt and their processing charges are also less one with them.
      Was this review helpful? 0
      , bangalore
      Reviewed on Apr 10, 2017
    • DHFL Home Loan
      "Good Bank and Good Service"
      0.5 4.0/5 "Great!"
      One and half years ago, I had taken a home loan from DHFL Bank. At that time, the interest rate was 9.7% which is nominal and there are no foreclosure charges on my home loan. The customer service is excellent, they were very cautious and they always aim at providing customer satisfaction.
      Was this review helpful? 2
      , pune
      Reviewed on Mar 28, 2017
    • DHFL Home Loan
      "More convenient in terms of interest rate"
      0.5 4.0/5 "Great!"
      In the beginning, I had applied for a home loan with another bank. But when compared with DHFL in terms of interest rate, I felt they are providing lower interest rate so I switched over to DHFL. The whole process was really smooth and the executive came and collected the documents.
      Was this review helpful? 2
      , chennai
      Reviewed on Mar 15, 2017
    • DHFL Home Loan
      "Very good "
      0.5 5.0/5 "Blown Away!"
      I took my housing loan with the DHFL and their interest rate is around 9.10% and the loan amount got disbursed to my account within fifteen days of time. Process went in good manner, while it comes to documentation. Processing charges were nil for me and I dont have any issues with them till now.
      Was this review helpful? 2
      , thane
      Reviewed on Mar 15, 2017
    • DHFL Home Loan
      "Good Bank"
      0.5 5.0/5 "Blown Away!"
      The reason for I had selected a DHFL was, they are providing loans for Gram panchayat area, this is really a good thing they are doing. Because few banks are not ready to provide loans for Gram panchayat area. The interest rate is also nominal, their interest rate is 8.75%. I am happy with DHFL.
      Was this review helpful? 1
      , delhi
      Reviewed on Mar 03, 2017
    • DHFL Home Loan
      "They should be more professional to their customer"
      0.5 3.0/5 "Satisfactory"
      I am unhappy with DHFL ,as their way of approach was not good. Last year I had taken home loan from them, They lost my documents and again I tried reaching them to know the status of my application. But later there was no response also they were not professional too. Finally it got resolved, now I would like to switch over to other bank, but they committed to reduce my loan interest rate and I am just waiting for it.
      Was this review helpful? 1
      , delhi
      Reviewed on Mar 01, 2017
    • DHFL Home Loan
      "DHFL housing loan process is good"
      0.5 5.0/5 "Blown Away!"
      I would like 5 stars for DHFL housing loan, the reason being change every time when there is a variance in the interest rate they will call me and keep me posted about the changes. At the time of availing the housing loan the interest rate charged by them was 9.6% now it has got reduced to 8.9% and processing fee charged by them was 2% hardly.
      Was this review helpful? 9
      , hyderabad
      Reviewed on Jan 17, 2017
    • DHFL Home Loan
      "Worst bank"
      0.5 1.0/5 "Really Bad"
      Im taken Housing loan my housing loan rate 12.50 And other bank is 8.to 10 % So im forclose my loan But bank charge me rs 575 for statement and rs575 for list of documents So i didnt recommend this bank to my friends.
      Was this review helpful? 12
      , indore
      Reviewed on Jan 16, 2017
    • DHFL Home Loan
      "Pathetic intrest rates change reflection"
      0.5 1.0/5 "Really Bad"
      Pathetic intrest rates change reflection and customer service. Intrest rate changes never reflected automatically and need to chase for that. No customer service and poor reception. I took home loan in 2011 and is at the edge of closure. I don't recommend this bank for many a reasons. I did availed home loans from other banks both private and national where atleast the service and response is good. Worst experience with DHFL and will rate 1/5 Restrictions in part payment options and mode of payment.
      Was this review helpful? 4
      , hyderabad
      Reviewed on Jan 09, 2017
    • DHFL Home Loan
      "Housing loan process is too good"
      0.5 5.0/5 "Blown Away!"
      DHFL housing loan process is too good. They were to sanction the loan amount that I was looking out for. They had provided proper response the rate of interest and insurance charges are way too high . Therefore I had opted to take housing loan from HDFC LTD. Response was also appropriate. Not sure about the other parameters and I guess they are line with RBI guidelines
      Was this review helpful? 3
      , chennai
      Reviewed on Jan 07, 2017
    • DHFL Home Loan
      "The best"
      0.5 5.0/5 "Blown Away!"
      I am very much satisfied with the services of DHFL for the home loan. For example, from the recent demonetization the EMI was to be deducted on the 20th, instead of the normal date of 10th. They see to it that they inform me well in advance by call and by a SMS. The process has been excellent from the initial state till date.
      Was this review helpful? 4
      , karaikudi
      Reviewed on Jan 05, 2017
    • DHFL Home Loan
      "Average one"
      0.5 3.0/5 "Satisfactory"
      DHFL housing loan is an average one. The builder has a tie up with DHFL .I had taken a housing loan and the builder has done everything on behalf. My only suggestion is, when ever they deduct the EMI they have to inform the customer before hand.
      Was this review helpful? 7
      , thane
      Reviewed on Dec 17, 2016
    • DHFL Home Loan
      "Overall Good"
      0.5 4.0/5 "Great!"
      DHFL was the only institution to offer me a home loan for the property I was looking at. I appreciate the services and they were responsive as well. It was not a very good deal but I am happy that they offered the loan. The rate of interest and charges was average.
      Was this review helpful? 2
      , pune
      Reviewed on Dec 10, 2016
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