DHFL Personal Loan Interest Rates 2023

Dewan Housing Finance Ltd. (DHFL) and Piramal Capital and Housing Finance Ltd. (PCHFL), also known as Piramal Finance, undertook a reverse merger, making DHFL a fully owned subsidiary of Piramal Enterprises Ltd. (PEL) with effect from September 30, 2021. The combined company took the name PCHFL. From September 30, 2021, all DHFL clients, including those with home loans, will be regarded as Piramal Finance customers. For house loans, those who want to apply for DHFL home loans must get in touch with Piramal Finance.

Key Features of the DHFL Personal Loan Interest Rates 

DHFL Personal Loans interest rates have some interesting and enticing features that can benefit the applicant. Enlisted below are the key features of DHFL Personal loans:

• Personal loans are disbursed within two working days.
• The process is easy and precise
• Loans are available to salary, self-employed, and professionals.
• No need for a guarantor or security deposits of gold, insurance, or other items.
• Loans up to 30 lakhs are available.
• Easily documented
• Low-interest rates
• Affordable prices
• Personal loans can be used to meet a variety of requirements.
• Options for none or partial payment

DHFL Personal Loan Interest Rates Eligibility Criteria 

Several essential aspects, including your career, work history, estimated expenses, interest rate, family size, and loan repayability tenure, will determine your eligibility for the DHFL Personal Loan.

A predetermined percentage of your monthly salary is typically counted as EMI as a regular procedure.

The eligibility calculator defines an estimated amount of finance based on your monthly income. The following are the major eligibility criteria:

• The applicant should be older than 21 years and younger than 60.
• Employment Status: The applicant should have worked for the current employer for at least one year and at least two years overall
• The minimum earning of the applicant should be Rs. 12,000.

DHFL Personal Loan Interest Rates

Before submitting a DHFL personal loan application. It is essential to be aware of the DHFL Personal Loan Interest Rates. The current interest rate is at 12.99% pa. The table below showcases the interest rate and applicable fees and charges. 

Loan Details	Charges Applicable
Rate of Interest	12.99% p.a.
Fees for Processing the Loan	Up to 4% of the loan amount plus relevant taxes (due before the loan is disbursed)
Tenure of Loan	Upto 60 months
Amount of Loan	Rs. 1 Lakh to Rs. 10 Lakh
Status of Employment	Salaried/Self-Employed
Score of Credit	750 and above
EMI per Lakh (Lowest)	NA
Pre-Closure	Processing fees up to 4% of the loan amount plus relevant taxes (due before the loan is disbursed)

Documents Required for DHFL Personal Loan Interest Rates 

To apply for a DHFL Personal Loan, there are certain documents that one needs to provide to the organisation. Given below is the list of documents that are needed for Personal Loan:

KYC Documents

• Proof of Identity: PAN Card/Passport/Driver’s License/Voter ID Card/Aadhar Card etc.
• Proof of Address: Passport/Aadhar Card/Telephone Bills (Landline)/Electricity Bills etc.

Banking Documents

• Statement of the bank (last six months)
• Details about the previous loans and the statement of your account of 1 year.

For Salaried Employees

• IT Returns- last two years or Form 16
• Last three months salary slips

For Self-Employed Applicants

• ITR
• Proof of turnover/Returns of service tax
• Business continuity proof
• Last three years balance sheet
• Work Place’s address proof
• Registration Proof or proof of qualification

DHFL Personal Loan Interest Rates Customer Care Details

The following information can be provided to DHFL's toll-free customer service:

New Customer Toll-Free: 1800 22 34 35 (Monday to Sunday – 9 am to 7 pm)

Free Toll for Current Customers: 1800 3000 1919 (Monday to Saturday – 9 am to 6 pm)

Email: response@dhfl.com