Urban Money

DHFL Home Loan


DHFL home loan is the foremost solution to realise your dream of buying a new home. DHFL housing loans come with a slew of benefits, such as realistic eligibility criteria, easy installment, flexible loan repayment period, and a simple loan procedure. With minimal documentation and home loan interest rates starting from 8.75%, take your home, home today. The presence of flexible loan repayment tenure allows you to spread out your payments at your convenience.

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Home Loan Banks

Interest Rate

Processing Fee

Loan Amount/Tenure

DHFL Home Loan Interest Rate


0.5% - 3%

₹1L - ₹7Cr

Tenure(Up to 30 Years)


Features and Benefits of DHFL Home Loan

DHFL Home Loan has several amazing features tailored to offer multiple benefits to its customers.

Loans for All

DHFL offers loans to all salaried and self-employed individuals who meet the eligibility criteria of the home loan.

Minimum Documentation

Piramal Finance demands minimal documentation to ensure a hassle-free and easy processing of a home loan application.

Hassle-free Procedures

Applying for a DHFL Home Loan is quite easy. You simply need to fill in the application form and submit all the required documents. Soon, you will receive a call from DHFL's relationship manager and start the process at your convenience. The online home loan application has made the process simpler and easier.

Home Loan EMI that Fits Your Pocket

DHFL offers you the flexibility to choose from the floating or a fixed interest rate while you opt for a home loan. If you opt for a loan up to 90% of the property purchase price, you have a higher probability of turning your dream of owning a home into a reality.

Flexibility of Repayment of the Home Loan

DHFL offers a plethora of options to choose from to create a home loan structure that matches your requirements. You get flexibility in the loan tenure, foreclosure and prepayment.

Tax Benefits

With a home loan comes tax benefits. Under Section 80C of the Income Tax Act, 1961, you can claim up to ₹1.5 lakhs on the principal amount, stamp duty, and the registration charges of the housing loan.

DHFL Home Loan Eligibility Criteria

The DHFL Home Loan eligibility criteria typically depend on the borrower's employment profile and status. Given below are some significant aspects to keep in mind while applying for DHFL Home Loan:

For Salaried Individuals

  • The age of the individual applying for the loan must be between 21 years and 70 years.

Note: This home loan can be availed only for the time an individual is earning an income.

  • Individuals employed under the following can apply for the loan:
    • Private sector
    • Government institution
    • MNCs or related companies
    • Partnership firms
    • Public sector
    • Proprietorship concern
    • NGOs or related organisations

For Self-Employed Individuals

  • The individual applying for the loan must have attained an age of 23 years and must not be more than 70 years at the tenure end.
  • Self-employed individuals can either be architects, doctors, business owners, partners of partnership firms, proprietors, etc.

DHFL Home Loan Fees and Charges

Particulars Applicable charges
CERSAI Registry/Modification Charges For loans up to ₹5 Lakh – ₹50  For loans above ₹5 Lakh – ₹10 lakh
Technical Fees (for additional property or property situated outside geographic limit or for pre technical) Within 60 km radius: ₹500 (for the first visit) and ₹750 (for subsequent visits) No charges beyond 60 km
Valuation fee in Construction Linked Loan cases First visit: ₹500 No charges for subsequent visits thereafter
Part-Prepayment Charges Within 6 months from 1st disbursement: No prepayment allowed After 6 months:
  • No Charges (for individual borrowers/co-borrowers)
  • 2% (for borrowers/co-borrowers other than individuals)
Plot Loans/Easy Land Cum Construction Loans For borrower/co-borrower other than individual – 3% (in case the dwelling unit is not constructed on the plot within 3 yrs. from the date of the first disbursement of the loan)
Foreclosure charges Within 6 months from 1st disbursement: No foreclosure allowed After 6 months:
  • No Charges (for individual borrowers/co-borrowers)
  • 2% (for borrowers/co-borrowers other than an individual)
Overdue Charges on default instalment (EMI/Pre-EMI) 18% p.a. on the outstanding amount
Demand Draft/Pay Order issuance charges ₹150/lakh or actual bank charges, whichever is higher
Statement of account/ provisional IT certificates 1st time: No charges Subsequent: ₹250
Custodial Fee for property documents in closed loans ₹500 per month (post 60 days from Loan Closure Date)
Document retrieval charges on the closure of loan For loans up to Rs. 10 Lakh: ₹1,000 For loans above Rs. 10 Lakh: ₹2,000
Foreclosure statement ₹500

DHFL Home Loan Interest Rates

Given below are the new home loan interest rate structures designed by DHFL.

Slab Home Loan Interest Rate
Up to ₹35 lakhs Starting from 10.50%* per annum onwards
From ₹35 lakhs to ₹75 lakhs Starting from 10.50%* per annum onwards
Over ₹75 lakhs Starting from 10.50%* per annum onwards

It's crucial to comprehend how the interest rate structure would affect EMI on your home loan. To clarify this, we have taken a few examples that demonstrate the amount you would have to pay under different variables. Have a look at the table below:

Loan Amount Tenure Rate of Interest EMI
₹10 lakhs 10 years 10.5%* ₹13,493*
₹25 lakhs 10 years 10.5%* ₹33, 734*
₹50 lakhs 20 years 10.5%* ₹49,919*
₹50 lakhs 25 years 10.5%* ₹47,209*
₹75 lakhs 25 years 10.5%* ₹70,814*

Notes: Additional charges, if applicable, will be mentioned during the application process.

Factors Affecting DHFL Home Loan Interest Rates

The interest rates offered on the home loans are variable and depend on certain factors.

Credit/CIBIL Score

A credit score is one of the significant factors that impact the interest rates on loans directly. Under any circumstances, you must maintain a credit score of 750 or above. The borrowers with good credit scores receive a better deal on interest rates.

Repayment History

A good repayment history demonstrates the creditworthiness of borrowers. It shows if the applicant has repaid their debt on time or not. Better the repayment history, the lower will be the interest rate.

Your Relationship with DHFL

If you have maintained a good relationship with the company, like making on-time credit cards, maintaining a healthy savings account balance, etc., you are more likely to receive lower interest rates and a higher amount of a home loan.

Income Level

Although DHFL has set the least income amount, the applicants with better salaries will get more privileges in terms of interest rates.

Reputation of Your Employer

If you are employed in an MNC or an organisation with a good reputation in the industry, DHFL will easily approve and disburse your home loan. The company will consider you as a trusted borrower. The NBFC might charge lower interest rates if you have a better credit score and history.

Avoid Any Defaults

If you are on the defaulters' list, most lenders will reject your application for a home loan. Even if any lenders agree, you will have to pay a higher rate of interest on the loans availed.

Documents Required for DHFL Home Loan

The documents that you have to submit while applying for a home loan include the following:

  • PAN card
  • Identity proof (any one of the following):
    • Aadhaar card
    • Voter ID card
    • Passport
    • Driving license
    • Job card issued by NREGA
    • Letter issued by the National Population Register containing details of photo/name
  • Address proof (any one of the following):
    • Voter ID card
    • Passport
    • Aadhaar card
    • Driving license
    • Job card issued by NREGA
    • Utility bills like telephone bill/electricity bill etc.
    • Letter issued by the National Population Register containing details of photo/name and address.
  • A salaried person has to provide any of the following income proof documents:
    • Last 3 months' salary slips
    • Form 16
    • Bank statements from the previous six months and payslips
    • Documentation of the collateralised property
  • Self Employed Person has to furnish any of the following income proofs:
    • ITR for the previous two years, with computation
    • CA audited financials wherever applicable
    • 6 months primary bank statement
  • Passport size photographs
  • Co-applicant: Having a co-applicant for a DHFL home loan is obligatory. A woman co-applicant is mandatory in specific conditions such as: 
    • When a co‐applicant is a spouse or any first blood relative like siblings, parents or children who have attained the maturity age (s.t. income-ownership grid)
    • All co-owners of property must be on a loan structure.
    • Friends cannot be made co‐applicants (allowed only if they are coming in the capacity of Shareholder/Partners/Directors).

You have to furnish all the documents during the application to get your DHFL home loan approved.

How Does the EMI Calculation Work for DHFL Home Loan?

You can calculate your Equated Monthly Instalments (EMIs) by determining the principal loan amount, maximum tenure offered by DHFL and the rate of interest. You can use the formula given below to calculate the monthly EMI you have to pay on DHFL Home Loan. 

EMI = (P × R × (1+r)^n)/((1+r)^n-1)


  • The principal loan amount: P can range from ₹10 lakh to more than ₹75 lakhs.
  • The rate of interest: R is at 8.75%
  • The loan tenure: n can be up to 20 years

You can also use the DHFL home loan EMI calculator or Urban Money's Home Loan EMI calculator and plan your finances accordingly.

How Does DHFL Compare with Other Lenders?

Have a look at the table below to know how DHFL compares with other lenders.

Name of Lender Up to 30 Lakh (in %) Above 30 Lakh and up to 75 Lakh (in %) Above 75 Lakh (in %)
DHFL 10.50 onwards 8.75 onwards 8.75 onwards
ICICI Bank 6.70-7.55 6.70-7.55 6.70-7.55
HDFC 6.70-8.45 6.70-8.60 6.70-8.70
State Bank of India 6.65-7.65 6.65-7.65 6.65-7.65
Axis Bank 6.75-11.50 6.75-11.50 6.75-11.50
PNB Housing Finance 6.75-12.00 6.75-12.00 6.90-9.75
Kotak Mahindra Bank 6.60 onwards 6.60 onwards 6.60 onwards
Union Bank of India 6.50-8.25 6.50-8.45 6.50-8.45
Punjab National Bank 6.55-7.95 6.50-7.65 6.50-7.60
Bank of Baroda 6.90-8.40 6.90-8.40 6.90-8.65
Bajaj Housing Finance 6.65 onwards 6.65 onwards 6.65 onwards
IDFC First Bank 6.70 onwards 6.70 onwards 6.70 onwards
L&T Housing Finance 6.75 – 7.75 6.75 – 7.75 6.75 – 7.75
Godrej Housing Finance 6.59 onwards 6.59 onwards 6.59 onwards
LIC Housing Finance 6.70 – 7.85 6.70 – 8.05 6.70 – 8.05

DHFL Home Loan Customer Care Number

For any queries or information related to DHFL Home Loans, you can call on the DHFL home loan customer care number, which is 18002666444. You can also connect to them via mail at response@dhfl.com.


From refinancing to reducing your interest, we have the answers right here.

How much time does the DHFL home loan application take for approval?

Typically, it takes from 3 to 15 days, subject to property documentation offered by the home loan applicant, to get the approval on the home loan application.

Do part-prepayments have any effects on your EMIs?

Yes, part-prepayment has an impact on your EMIs. It decreases the principal amount, which in turn, lowers the amount of interest you must pay. As a result, your EMIs become cheaper.

Is it possible to get a home loan for the entire purchase amount?

No. According to the RBI guidelines, a lender cannot provide 100% of the home loan amount. However, you may get a home loan for about 80% to 90% of the purchase price of the property, depending on the lender you have opted for. However, you would need to make a down payment of the remaining amount on your own.

How can I get an estimation of the loan amount?

The simplest way to determine the eligibility of the home loan and its EMI is to make use of the Calculator available on Urban Money’s website. It’s a free online tool that lets you plan your loan in a clearer and more efficient way.

Do we get any tax benefits on DHFL Home Loan?

Under Section 80C of the Income Tax Act, 1961, you can claim up to ₹1.5 lakhs on the registration cost, stamp duty charges and principal amount of the housing loan.

What is the maximum loan amount and loan tenure offered by DHFL?

With DHFL, you can avail of a maximum loan amount of ₹75 lakh (or more, in some cases) and a loan tenure of up to 25 years.

How can you improve your eligibility for the home loan?

There are several ways you can increase the chances of getting a home loan. Some of these include improving your credit score, paying off all your existing loans and getting a well-structured repayment plan.

What are the factors that determine home loan eligibility?

Your home loan eligibility depends on various factors, including your credit score, age, occupation, income, credit history, etc.

Does DHFL offer loans to buy a plot/land?

Yes. You can get a loan to buy a land/plot from DHFL. Please get in touch with the DHFL customer care representative for more details.

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