DHFL Home Construction Loan

To assist aspiring homeowners in taking the first step toward achieving their dreams, DHFL offers a home construction loan at a competitive interest rate starting at just 9.50% per annum. Construction loan applicants can benefit from a longer repayment period of up to 30 years, making EMIs flexible and adding no pressure to their wallets. Salaried individuals and entrepreneurs are eligible for this loan scheme and can avail up to 90% of the property’s value. Continue reading further to understand more about the DHFL home construction loan and how it can be an ideal solution for you to avail of a construction loan.

DHFL Home Construction Loan Interest Rates

Refer to the table below to understand the interest rates and key details for the DHFL home construction loan:

DHFL Home Construction Loan – Fees & Charges

Here are the important fees & charges associated with the DHFL home construction loan:

DHFL Construction Loan Eligibility Criteria For Salaried

Ensure you meet the eligibility criteria to be an ideal applicant for a DHFL construction loan:

• Age requirement: 21 to 70 years.
• Employment: Public sector, private sector, MNC, institutions run by Trust/NGO/Society, etc.

DHFL Construction Loan Eligibility Criteria For Self-Employed

For self-employed individuals, the following are the eligibility criteria to avail of a DHFL construction loan:

• Minimum Age: 23 years
• Maximum Age: 70 years

Self-Employed Professionals:

• Includes qualified doctors (MBBS/MD/MS), chartered accountants (CA), and architects.

Self-Employed Non-Professionals:

• Comprises business owners, proprietors, partners in partnership firms, and promoters/directors of privately held private and public limited companies. 

DHFL Construction Loan Documents Required For Salaried Persons

Salaried individuals need to carry the following documents to avail of a DHFL construction loan:

• 2 passport-sized photographs
• KYC Documents – Aadhaar card, PAN card, Driving License, etc.
• Income Proof – Last 3 months’ salary slips, latest 6 months’ bank statements, 2 years Form 16
• Property Documents
• A Co-applicant

DHFL Construction Loan Documents Required For Self-Employed

Self-employed individuals must ensure they have the following documents to avail of a DHFL construction loan:

• 2 passport-sized photographs
• KYC Documents – Aadhaar card, PAN card, Driving License, etc.
• Income Proof – Last 2 years’ ITR, 6 months’ bank statements, CA audited financials.
• Property Documents
• A Co-applicant

Features of DHFL Construction Loan

The following features make the DHFL construction loan an ideal option if you want to begin your home ownership journey:

• Competitive interest rates start at just 9.50% per annum
• Minimal paperwork
• Smooth and Instant disbursal
• Up to 30 years of loan tenure
• Customised home construction loan offers
• Multiple modes of repayment