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    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 742 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

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    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
      "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
    • DHFL Home Loan
      "Best "
      0.5 3.0/5 "Satisfactory"
      I am having the home loan with the DHFL and the customer service is not really good one. I would like to say that the response could be get improvised and the rate of interest is around 12%. I am really happy with the DHFL for my home loan, which got disbursed.
      Was this review helpful? 0
      , greater noida
      Reviewed on Jan 23, 2018
    • DHFL Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My Home loan experience with DHFL was very good, the loan amount was for Rs 18 lakhs with the rate of interest of 8.7% which is less when compared to all other sources. The loan amount was disbursed on time. Customer service was good and they collected documents on time. The tenure of the loan is 14 years and it was overall a good service from DHFL.
      Was this review helpful? 0
      , chennai
      Reviewed on Jan 22, 2018
    • DHFL Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      Planned to build home in my village, was thinking from which bank should I take the loan. I was keen looking for the right place for me with the good interest and required loan amount. Then I chose DHFC home loan, were I got 15lakhs with interest rate of 10.5% and 20years of tenure.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 22, 2018
    • DHFL Home Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have a home loan from Dhfl,the service is good. The interest rate they quoted me is fine and the documents have been collected from my door step which was an easy process. Dhfl customer service is good. It is excellent experience with Dhfl home loan department.
      Was this review helpful? 0
      , noida
      Reviewed on Jan 17, 2018
    • DHFL Home Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      The rate of interest and the charges are very low with the DHFL home loan services when compared with other banks. I have got the home loan from DHFL around 10 months ago. The customer support of DHFL is good and they have disbursed the loan amount within 15days of time.
      Was this review helpful? 0
      , salem
      Reviewed on Jan 17, 2018
    • DHFL Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken a home loan from DHFL and it was a good loan experience. The loan amount was for Rs 12 lakhs with the rate of interest of 9% which is high when compared to all other sources. The process was smooth and i received my loan amount within the given time. Customer service was good and they provided door step service to collect the documents. The tenure of the loan is 15 years and it was overall a good service from DHFL.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 08, 2018
    • DHFL Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My Home loan experience was very good with DHFL, the loan amount was for Rs 16 lakhs with the rate of interest of 8.35% which is the best rate in the market. I have taken this loan on scheme basis where there was an agreement between the builder and the buyer. There was a pre emi offer where 25% has to be paid and there was Memorandum Of Understanding which is court registered. The customer service was good and they collected documents on time. I received my loan amount within 1 month and the tenure of the loan is 10 years.
      Was this review helpful? 0
      , mumbai
      Reviewed on Dec 29, 2017
    • DHFL Home Loan
      "GOOD"
      0.5 4.5/5 "Excellent!"
      It was a good experience that I had with DHFL as i took a home Loan from them . The institution gave me a full approval on the amount which I had asked for . The money got Disbursed within 15 working days of time . The Rate of interest was high and fluctuating . The institution charged me the Processing fee for 1% + service tax added . The option of Pre closure and part payment with no extra charges added .
      Was this review helpful? 0
      , jalandhar
      Reviewed on Dec 29, 2017
    • DHFL Home Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have taken a Home loan with DHFL.The loan amount is 13 lakhs,rate of interest is 9% nominal as compared to others .The tenure is for 20 years 3 years got over.I had to submit documents for the same.I don't have any issues banking with them,the process was quick.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Dec 20, 2017
    • DHFL Home Loan
      "Charges and interest rate to be better"
      0.5 3.0/5 "Satisfactory"
      The service was faster with DHFL Bank for the home loan. But rate of interest was high compared to the marked standard. The processing fee was normal. But insurance fee was high, they provided a insurance for me as well as for my home which was not required. The customer service and response is good.
      Was this review helpful? 2
      , kolkata
      Reviewed on Dec 09, 2017
    • DHFL Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My home loan experience with DHFL was good, i have taken loan for Rs 14.04 lakhs with the rate of interest of 9.5% which is bit high when compared to other sources. It took one month for the loan amount to get approved. The processing fees is very high and also there is a penalty on preclosure of the loan. Customer service was good and they followed up correctly, they provided door step service to collect the documents.
      Was this review helpful? 1
      , navi mumbai
      Reviewed on Dec 04, 2017
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