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.
Features and benefits for Home Loans for NRIs residing in the Middle East:
Features and benefits for Home Loans for NRIs residing in United Kingdom:
Features and benefits for Home Loans for NRIs residing in USA:
The following documents are required to avail a NRI home loan if the borrower is residing in U.K -
The following documents are required to avail a NRI home loan if the borrower is residing in USA:
The following documents are required to avail a NRI home loan if the borrower is residing in the Middle East:
The applicant needs to be –
The processing charges applied are 1% - 1.15% of the total loan amount.
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.
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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