• loading

    We found 1 DHFL Home Extension Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    9% - 9.75%
    5,000 to ₹20,000 One time fee
    1L - 5Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Good to Know
    Eligibility Criteria
    DHFL Home Extension Loan is Rated as "Pretty good" by 752 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Home Loan BYTES FROM OUR KITCHEN

    DHFL Home Extension Loan

    DHFL Home Extension Loan

    You may find that in time you will need more space in your home, especially as your family grows larger. An additional room on the terrace, opening up a balcony etc. could do wonders to your home and lifestyle. The DHFL Home Extension Loans is created to meet this need in particular by offering loans at rates that you cannot turn down in order to make your home more spacious and thus more comfortable.

    Features and Benefits:

    1. Tenure & Term: This loan has long tenure terms ranging from 1 to 20 years, giving you flexibility when it comes to repayment. You can get a loan until the age of 60 years or until retirement, whichever is earlier. Self-employed individuals will get a term of 65 years.
    2. Purpose: If you are planning to extend a part of your home on a plot that you own, then the DHFL Home Extension Loans is the perfect loan for you.
    3. Low EMI: Up to 20 year tenure means that EMIs will be affordable.
    4. Interest Rates: The Interest rate applicable will be based on the money market conditions which will affect DHFL’s Retail Prime Lending Rate (RPLR).
    5. Processing Fees: The amount for processing your application will be as follows:
    6. Self-Employed Professionals (SEP)/Salaried individuals (SAL)

      Self-Employed Non Professionals (SENP)

      5000* to 20,000*

      1.5%*

      *GST as applicable

    7. Easy Repayments: you can go for either of the following options when it comes to repayment of the loan:
      • ECS (Electronic Clearing Service) which will be based on standing instructions to your bank
      • Post Dated Cheques(PDCs) which will be taken from your Savings/Salary account
    8. Home Loan Tax Benefits: the Home Construction Loan scheme will let you avail maximum tax benefit. You will be saving up to 70,000 tax annually.
    9. Applicant and Co-Applicant: You can apply for a Home Construction Loan individually. You can also include an earning co-applicant when applying for a loan so as to further enhance the amount.
    10. Easy Documentation: You can make the processing faster by keeping these documents ready:
      • Property related documents
      • KYC (Know Your Customer) documents
      • Proof of Income documents and bank statements as per log-in checklist

    DHFL Home Extension Loan Eligibility:

    It is possible to get a loan to cover the complete cost of the home extension cost as estimated and certified by a chartered engineer/architect and duly verified by DHFL. However you will get a maximum of `100 lacs or a maximum of 80% of overall market value of the property, whichever is lower. You can get a higher loan amount if you have an earning co-applicant.

    The following factors will decide the actual Home Loan amount you are eligible for:

    • Repayment capacity
    • Number of dependents
    • Age
    • Co-applicant’s income
    • Educational qualifications
    • Stability and continuity of income
    • Assets
    • Liabilities
    • Saving habits etc.

    Documentation:

    For verification purpose, you will need to provide the original documents.

    If you do not fall under any of these categories of applicant, please refer to the official website to check the required documents that you will need.

    Type of applicant

    Documentation

    Salaried Individuals

    KYC Documents

    Last two month’s salary slip / Salary Certificate. In case you happen to have gotten variables such as Over Time and Incentives, you must provide the salary slips for the past 6 months.

    If salary is above `20000/- per month, you will need to give the latest Form – 16.

    Last three months’ copy of all bank statements/ bank pass books. This includes the front page

    If the organization is not very well know, you will need to provide the Company profile.

    Self – Employed Businessmen

    KYC Documents

    Computation of income attested by a Chartered Accountant as well as copy of last 2 years Income Tax Returns of the applicant.

    Copy of last 2 Years Profit & Loss Account and balance sheet of the organization which is attested by a Chartered Accountant

    Short Business Profile on the Letter Head of the organization.

    Bank Statement for the last 6 months for the Savings Account & Current Account, O/D Account

    Copy of Shop & Establishment License / registration or old ITRs evidencing business / VAT Registration or any other mandatory license

    Articles of Association (if applicable), Copy of the Partnership Deed, Memorandum of Associations,

    Form – 16A / Copy of Tax Deduction Certificate (if applicable)

    Contract details (if applicable)

    Copy of Self-Assessment Tax paid challan / Advance Tax paid

    Self-employed professionals

    KYC Documents

    Computation of income attested by a Chartered Accountant as well as copy of last 2 years Income Tax Returns of the applicant.

    Copy of last 2 Years Profit & Loss Account and balance sheet of the organization which is attested by a Chartered Accountant

    Short Business Profile on the Letter Head of the organization.

    Bank Statement for the last 6 months for the Savings Account & Current Account, O/D Account

    Copy of Shop & Establishment License / registration or old ITRs evidencing business / VAT Registration or any other mandatory license

    Articles of Association (if applicable), Copy of the Partnership Deed, Memorandum of Associations,

    Form – 16A / Copy of Tax Deduction Certificate (if applicable)

    Contract details (if applicable)

    Copy of Self-Assessment Tax paid challan / Advance Tax paid

    Copy of Educational Qualification Certificate

    Salary Certificate (in case of doctors having salaried income)

    Copy of Professional Practice Certificate

    Service charges:

    These are some of the service charges that you will have to bear:

    Service

    charge

    Modification Charges/ CERSAI Registry

    ` 250/ + any applicable GST for loans up to ` 5 Lacs

    ` 500/ + any applicable GST for loans above ` 5 Lacs.

    Valuation fee in Construction Linked Loan cases

    The first visit will be free of charge, after which you will be charged Rs. 500 per visit

    Overdue Charges on default instalment (EMI/Pre-EMI)

    18% Per annum on the outstanding dues

    Demand Draft/Pay Order issuance Charges

    ` 150 per lac or actual Bank Charges, whichever is higher + Service Tax

    Duplicate No Dues Certificate

    ` 250/- + GST

    Please contact the bank to see what other charges will be applicable to your case

    FAQs:

    1. What is the purpose of the home extension loan?

      The purpose of this loan is to borrow money if you want to extend your home or create more space in your home that you already own. This could be in the form of a room built on the terrace, in place of a balcony etc. These home improvement projects can be quiet expensive which is why many people go for home extension loans.

    2. What is the maximum loan tenure for the DHFL Home Extension Loan?

      You can avail the flexible repayment tenure for up to 20 years.

    3. Can I apply for a home construction loan with a co-applicant?

      You can apply for a Home Construction Loans with a co-applicant or individually. If you apply with a co-applicant you can get a higher loan amount if he/she is an earning member. Please contact the bank for more details regarding this.

    DHFL Home Extension Loan Reviews

    • DHFL Home Loan
      "Not Satisfactory"
      0.5 2.0/5 "Expected more"
      It has been almost an year i have taken this home loan, the experience with them has not been good. There has not been a proper guidance given by them during th process where they did not explain me about the floating and fixed interest rate. And also the process has taken more time than usual and the loan amount has not been satisfactory.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 14, 2018
    • DHFL Home Loan
      "Need to improve"
      0.5 1.0/5 "Really Bad"
      I had the Home loan with the Dewan Housing Finance Limited and the executives are not really up to the mark with the aspects of services. I would like to say that the customer service is not really good too and their response need to improve.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 07, 2018
    • DHFL Home Loan
      "Not satisfied"
      0.5 2.0/5 "Expected more"
      I have taken housing loan from Dhfl . The promised rate of interest is not given which they later increased the rate of interest which am not satisfied about it. They did instant approval process with in 2 days i got my home loan. There processing fees is also high as 6.7% of loan amount Am not satisfied with their customer service as there is no proper response from them regarding rate of interest . Even the executive at branch also not having that much product knowledge.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 06, 2018
    • DHFL Home Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I took Home loan from DHFL . The documentation and approval took around one month . The rate of interest is high and provided tenure period of 15 years. They processing fees is 3 % which is quiet high . Overall am satisfied with their service .
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 04, 2018
    • DHFL Home Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I took a home loan from DHFL for 15 lacs, application process was easy. The loan was processed with in 1 Month, there was a delay from my end and I pay an EMI of 14000 for this loan. Overall their services were really smooth.
      Was this review helpful? 0
      , chennai
      Reviewed on May 31, 2018
    • DHFL Home Loan
      "Home loan from DHFL"
      0.5 4.0/5 "Great!"
      I have taken a home loan from DHFL and the approved loan mount was 6 lakhs. The rate of interest was 9.5%. The monthly EMI comes around 6600 and the total tenure was for 10 years. The customer service and response with them was good.
      Was this review helpful? 0
      , thrissur
      Reviewed on May 15, 2018
    • DHFL Home Loan
      "This is not a bank at all..."
      0.5 0.5/5 "Unacceptable"
      Stay away from this bank, Very High-intrest rates and the people in the bnks are worst and the customer support is too bad..no one even has manners to talk ...both at Customer support and bank branches....its not a bank..its a fish market...
      Was this review helpful? 0
      , mumbai
      Reviewed on May 12, 2018
    • DHFL Home Loan
      "Needs to improve"
      0.5 1.0/5 "Really Bad"
      I have taken a home loan with DHFL and my loan experience was not good, the loan amount was for Rs 7 lakhs with high interest rate when compared to other sources. The tenure period for this loan is 20 years but i closed the loan within 3 years. They charged 5% as penalty for preclosure and the customer service was not up to the mark.
      Was this review helpful? 0
      , new delhi
      Reviewed on May 09, 2018
    • DHFL Home Loan
      "Harrashinng customer and treat them like begger"
      0.5 0.5/5 "Unacceptable"
      I have taken around 8 Lakh loan for my house. Initially DHFL Kolkata Rajarhat branch people behave very nicely but once I got the loan their behaviour gets changed. I am requesting them from more than 2 month to disburse my money but no response. Raised complain more than 5 times but no response. Nothing is good in DHFL.
      Was this review helpful? 0
      , kolkata
      Reviewed on May 09, 2018
    • DHFL Home Loan
      "Cheater bank"
      0.5 0.5/5 "Unacceptable"
      I have taken loan for 20 years but dhfl charge 21 .years without any information. And taking highest rate of interest. And said low interest. It's cheater bank. Employee also Bad . And taking to customer badly. And not giving the proper declaration. So don't take loan from dhfl.
      Was this review helpful? 0
      , mumbai
      Reviewed on Apr 28, 2018
    • DHFL Home Loan
      "Very good"
      0.5 4.0/5 "Great!"
      I have my home loan with HDFC bank 2 years back.The loan amount was 16 lakhs and the interest rate was 8.5% which is average and the tenure period as 16 years . The customer service and responses was slow. Here the executives had no knowledge about the documents. They have taken much time and sanctioned the loan with the committed time.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 24, 2018
    • DHFL Home Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I have a Home loan with Dhfl. The rate of interest and charges was been high with Dhfl. The documents process has been smooth with Dhfl. They disbursed the loan amount on time without any delay. The payments will be through cheques. It was a good experience with DHFL Home loan service.
      Was this review helpful? 0
      , pune
      Reviewed on Apr 04, 2018
    • DHFL Home Loan
      "Better service"
      0.5 4.0/5 "Great!"
      I have received the home loan service from DHFL around a year ago. The customer support service was good with the DHFL and they gave me prompt response in regards to my home loan application, they took around 2 months time to disburse the loan amount.
      Was this review helpful? 0
      , mumbai
      Reviewed on Mar 16, 2018
    • DHFL Home Loan
      "Good "
      0.5 5.0/5 "Blown Away!"
      I have home loan with the Dewan housing finance limited and the response is fine one too. I would like to say that the rate of interest is higher end on initial time. I have felt that the response is fine one with the DHFL.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 03, 2018
    • DHFL Home Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      I earlier had my home loan with DHFL. The reason I done a balance transfer is because the rate of interest was very high and I requested them to reduce it. But they did not do it. The customer service is not proper as well. I need to go up the branch for every thing as they do not respond through telephone and online.
      Was this review helpful? 0
      , mumbai
      Reviewed on Feb 27, 2018
    • DHFL Home Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have taken Home loan with DHFL.The loan amount is 45 lakhs,The for 15 years.Rate of interest is 10% high as compared to others banks in the market.I pay my EMI online.Documents were collected door step.They had deducted processing fees of 5000,its a nominal charges.The process is good.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 14, 2018
    • DHFL Home Loan
      "Average service"
      0.5 2.5/5 "Just OK"
      I have taken a home loan with DHFL and my loan experience was average. The loan amount was for Rs 29.40 lakhs with the rate of interest of 8.95% which is bit high when compared to other sources. The tenure of this loan is 30 years and the processing fee is high. The process was smooth and i received my loan amount within 15 days. Customer service was average and their response was delayed.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 13, 2018
    • DHFL Home Loan
      "Good"
      0.5 3.0/5 "Satisfactory"
      Took home loan with DHFL home loans. The process was very fast and the loan amount was disbursed in three to five days. I have taken a loan with the rate of interest at 8.35% and tenure period is twenty years. For each and everything I have to go to the branch office even to collect the loan or to pay any extra charges.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 07, 2018
    • DHFL Home Loan
      "Okay Okay"
      0.5 2.0/5 "Expected more"
      I got the home loan with the DHFL and the response was not really up to the mark. Interest rate was really on higher end, while I have applied. I would like to say that the processing charges and other aspects are really on higher end.
      Was this review helpful? 0
      , mumbai
      Reviewed on Feb 07, 2018
    • DHFL Home Loan
      "Good Loan"
      0.5 5.0/5 "Blown Away!"
      I got a Home Loan from DHFL and the experience after the first year post taking the loan has been quite good. They have provided me with a good rate of interest. The procedure of getting the loan has been pretty simple and involved not much difficulty.
      Was this review helpful? 0
      , new delhi
      Reviewed on Feb 02, 2018
    Common Loader Icon
     Loading your search... Loading your search...
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.