- Home
- Home Loan
- Home Loan Interest Rate
- Dhfl Home Loan Interest Rate
DHFL Home Loan Interest Rates
DHFL home loan interest rates that suit your budget and make owning your dream house easier than ever. Enjoy the benefits of competitive interest rates designed to provide affordable and flexible financing options for individuals looking to purchase or construct their dream homes.
![](/_next/image?url=%2Fassets%2Fimages%2FctaBg.png&w=3840&q=75)
Home Loan offer for You
11%
Interest Rate (p.a.)₹1L - ₹7Cr
Tenure(Up to 30 Years)₹2,174
EMI Per Lakh
- Home Loan offer for You
11%
Interest Rate (p.a.)₹1L - ₹7Cr
Tenure(Up to 30 Years)--
Processing Fee
Compare DHFL Home Loan Interest Rates with Other Lenders
While making a significant financial decision to secure a home loan, you must conduct thorough research. One of the most important things you can do is compare DHFL home loan interest rates with other lenders. To make it easier for you, we have encapsulated the home loan interest rates from various lenders in the below-depicted table:
- Starting Interest Rate (p.a)
- Processing Fee
- Rating
- Min. Loan Amount
Clix Capital HL Interest Rate
15% - 25%
Up to 10% of loan sanctioned
4.5
₹2L - ₹2Cr
Tenure(1 - 25 Years)
Ujjivan Small Finance Bank HL Interest Rate
13.75% - 17.75%
4.5
₹2L - ₹75L
Tenure(3 - 20 Years)
Hero FinCorp HL Interest Rate
13.22%
2.5% of the loan amount + applicable taxes
4.5
₹10L - ₹3Cr
Tenure(1 - 30 Years)
Hero Housing Finance HL Interest Rate
13.22%
4.5
₹1L - ₹3Cr
Tenure(Up to 30 Years)
- 5 Lac
- 20 Cr
- 5
- 30
- 6
- 20
Monthly Loan EMI
Payment Breakdown:
Principal Amount
₹10,00,000
Interest Payable
Total Amount Payable
DHFL Home Loan Interest Rates 2024
Before securing any DHFL home loan product, you must get acquainted with the associated interest rates, as you will repay the borrowed amount for years. DHFL home loan interest rates start from 11% per annum onwards and may vary based on the applicant’s credibility. Additionally, the home loan interest rates in DHFL can fluctuate based on the borrowed loan amount.
Given below are the new home loan interest rate structures designed by DHFL.
Slab | Home Loan Interest Rate |
Up to ₹35 lakhs | Starting from 11%* per annum onwards |
From ₹35 lakhs to ₹75 lakhs | Starting from 11%* per annum onwards |
It’s crucial to comprehend how the interest rate structure would affect the EMI on your home loan. To clarify this, we have taken a few examples demonstrating the amount you would have to pay under different variables.
Loan Amount | Tenure | Rate of Interest | EMI |
₹10 lakhs | ten years | 11%* | ₹13,775 |
₹25 lakhs | ten years | 11%* | ₹34,438 |
₹50 lakhs | 20 years | 11%* | ₹51,609 |
₹50 lakhs | 30 years | 11%* | ₹47,616 |
₹ 1 Crore | 30 years | 11%* | ₹95,232 |
Notes: Additional charges, if applicable, will be mentioned during the application process.
DHFL Home Loan Highlights
The table below pertains to DHFL Home Loan Interest rate highlights.
DHFL Home Loan Highlights |
|
Home Loan Interest Rate | Starting from 11% per annum onwards |
Loan Amount | Up to INR 2 crore |
Loan Repayment Tenure | Up to 30 years |
Loan-to-Value Ratio | At maximum up to 90% of property valuation |
Loan Processing Fees | Up to 3% of the approved loan amount (+) applicable taxes |
DHFL Home Interest Rates on Loan Schemes
To cater to versatile customer needs, DHFL offers various housing finance schemes. Now, you can secure a DHFL housing finance scheme that perfectly suits your current finance requirements at affordable interest rates.
DHFL Home Loan Schemes | Loan Amount | Interest Rate | Repayment Tenure |
DHFL Home Loan | 5 lakhs to 2 crores | 11% onwards | 30 years |
DHFL Construction Loan | 90% of the Property Cost | 11% onwards | 30 years |
DHFL Renovation Loan | 5 lakhs to 2 crores | 11% onwards | 30 years |
DHFL Extension Loan | 5 lakhs to 2 crores | 11% onwards | 30 years |
DHFL Home Loan Balance Transfer | Might vary From One Case to Another | 11% onwards | Might vary From One Case to Another |
PMAY | 18 lakhs | 11% onwards | 20 years |
DHFL Home Interest for Salaried and Self-Employed
DHFL home loans are available for both salaried and self-employed individuals. However, the loan documents may vary for both categories. DHFL home loan interest rates vary based on the applicant’s credibility, financial history, credit score, applied loan amount, and repayment capabilities. The DHFL home loan interest rate for salaried and self-employed borrowers starts from 11% per annum onwards.
DHFL Home Loan Interest Rate For Women
DHFL offers home loans only to housemakers. Women who are working professionals can secure a DHFL home loan by providing associated documentation with utmost ease. However, DHFL does not provide any additional profit to the women home loan borrowers, and they get an equal treatment similar to other categories. Also, the DHFL home loan interest rate for women applicants starts from 11%.
DHFL Home Loan Interest Rate For NRI
DHFL provides home loans only to Indian residents. Although the institution does not offer home loans for NRIs, such individuals can secure home loans from other banks and finance providers to purchase residential property across the country.
DHFL Home Loan Interest Rate and Other Charges
Before applying for a home loan, along with the DHFL interest rate, you must know the associated fees and charges. It will help you to determine the actual cost of securing a DHFL home loan. Here are the charges you might need to bear while applying for a home loan from DHFL.
Particulars | Applicable charges |
CERSAI Registry/Modification Charges | For loans up to INR 5 Lakh – INR 50 For loans above INR 5 Lakh – INR 10 lakh. |
Part-Prepayment Charges | Within six months from 1st disbursement: No prepayment allowed After six months:
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 six months from 1st disbursement: No foreclosure allowed. After six months:
|
Overdue Charges | 18% per annum on the outstanding loan amount |
Demand Draft and Pay Order issuance charges | INR 150 per lakh/ actual bank charges (the higher one will be levied) |
Statement of account/ provisional IT certificates | 1st time: No charges Subsequent: INR 250 |
Document retrieval charges on the closure of loan | For loans up to INR 10 Lakh: INR 1,000 For loans above INR 10 Lakh: INR 2,000 |
Foreclosure statement | INR 500 |
How Can You Calculate DHFL Home Loan Interest?
You can calculate your Equated Monthly Instalments (EMIs) by determining the principal loan amount, maximum tenure offered by DHFL and interest rate. You can use the formula below to calculate the monthly EMI you must pay on DHFL Home Loan.
EMI = (P × R × (1+r)^n)/((1+r)^n-1)
Where,
- The principal loan amount: P can range from ₹10 lakh to more than ₹75 lakhs.
- The interest rate: R is at 8.75%
- The loan tenure: n can be up to 20 years.
One can also use the DHFL home loan EMI calculator or Urban Money’s Home Loan EMI calculator and plan your finances accordingly.
Why are DHFL Home Loan Interest Rates the Best for Customers?
DHFL housing finance is comparatively better than other lenders. It offers various housing finance schemes to cater to versatile customer needs at an affordable interest rate from 11% onwards. Additionally, the home loan application process is quick and hassle-free. Loan seekers can get easy approval by providing minimal documents, flexible repayment tenure, and EMI based on their financial bandwidth. DHFL home loan interest rates are comparatively lower than other major banks and finance providers.
DHFL Home Loan Interest Rates for Existing Customers
If you are an existing DHFL customer, you might get an additional benefit in terms of quick approval and lower interest rates. Generally, the DHFL home loan application process takes time to evaluate and approve. Being an existing customer makes you more credible, and the finance provider already has your bank details and financial history. With all such details in hand, DHFL will process your loan application without any interruption, and you will unlock a better interest rate deal. DHFL home loan interest rates for existing customers start from 11% per annum onwards.
Factors that Affect DHFL Home Loan Interest Rate and EMI
The interest rates offered on home loans are variable and depend on certain factors:
Credit/CIBIL Score
A credit score is a significant factor that directly impacts loan interest rates. Under any circumstances, you must maintain a credit score of 750 or above. 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. The better the repayment history, the lower the interest rate.
Your Relationship with DHFL
Suppose you have maintained a good relationship with the company, like making on-time credit cards, maintaining a healthy savings account balance, etc. In that case, you are more likely to receive lower interest rates and a higher home loan amount.
Income Level
Although DHFL has set the least income amount, the applicants with better salaries will get more privileges in terms of interest rates.
The 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
Most lenders will reject your home loan application if you are on the defaulters’ list. Even if any lenders agree, you will have to pay a higher interest rate on the loans.
Need Loan Assistance?
Connect with Loan Advisor Now!
Check Eligibility
Other Loans Offered by Dhfl
Most Popular on Urban Money
Other Banks Home Loan Calculator
- Axis Bank Home Loan Calculator
- HDFC Bank Home Loan Calculator
- Bank of Baroda Home Loan Calculator
- Canara Bank Home Loan Calculator
- Union Bank of India Home Loan Calculator
- State Bank of India Home Loan Calculator
- IndusInd Bank Home Loan Calculator
- Punjab National Bank Home Loan Calculator
- YES Bank Home Loan Calculator
- Federal Bank Home Loan Calculator
- IDBI Bank Home Loan Calculator
- CITI Bank Home Loan Calculator
- IDFC FIRST Bank Home Loan Calculator
- Bank of Maharashtra Home Loan Calculator
- karnataka bank Home Loan Calculator
- Deutsche Bank Home Loan Calculator
- RBL Bank Home Loan Calculator
- Punjab & Sind Bank Home Loan Calculator
- Kotak Bank Home Loan Calculator
- Indian bank Home Loan Calculator
- Bank of India Home Loan Calculator
- HSBC Home Loan Calculator
Home Loan by Other Banks
- Bank of Baroda Home Loan
- Axis Bank Home Loan
- HDFC Bank Home Loan
- ICICI Bank Home Loan
- Bajaj Finserv Home Loan
- IndiaBulls Home Loan
- Canara Bank Home Loan
- Union Bank of India Home Loan
- CITI Bank Home Loan
- YES Bank Home Loan
- Federal Bank Home Loan
- IndusInd Bank Home Loan
- State Bank of India Home Loan
- Hero FinCorp Home Loan
- Punjab National Bank Home Loan
- IDFC FIRST Bank Home Loan
- IDBI Bank Home Loan
- Kotak Bank Home Loan
- Ujjivan Small Finance Bank Home Loan
- Muthoot Finance Ltd Home Loan
- Godrej Housing Finance Home Loan
- Tata Capital Housing Finance Limited Home Loan
- Vastu Housing Finance Home Loan
- HDFC Sales Home Loan
- Indian bank Home Loan
- Capital First Ltd. Home Loan
- Home First Finance Company Home Loan
- Poonawalla Fincorp Limited Home Loan
- Hero Housing Finance Home Loan
- Clix Capital Home Loan
- Aditya Birla Finance Limited Home Loan
- Housing Development Finance Corporation Home Loan
- L&T Finance Home Loan
- HSBC Home Loan
- Reliance Capital Home Loan
- LIC Housing Finance Home Loan
- Bank of India Home Loan
- Fullerton India Home Loan
- IIFL Finance Home Loan
- Piramal Housing Finance Home Loan
- Edelweiss Financial Services Home Loan
- Aadhar housing Finance Home Loan
- DCB Bank Home Loan
- Punjab National Bank Housing Finance Home Loan
- Capri Global Home Loan
- Punjab & Sind Bank Home Loan
- Bank of Maharashtra Home Loan
- karnataka bank Home Loan
- RBL Bank Home Loan
- Cholamandalam Finance Home Loan
- Deutsche Bank Home Loan
Financial Calculators
Frequently Asked Questions (FAQs)
What's the interest rate for DHFL?
DHFL interest rate for various loan products starts from 11% per annum onwards.
What is the current rate of interest on a home loan?
The current DHFL home loan interest rate is 11% per annum. However, the home loan interest rate in DHFL may vary from one applicant to another based on their credibility.
Does DHFL provide a 90% home loan?
Yes, DHFL provides 90% of the property values as a home loan amount with a flexible repayment tenure of up to 30 years.
What is the EMI for a 30 lakhs home loan for 20 years?
At a DHFL home loan interest rate of 11%, the monthly instalment for 30 lakhs with a repayment tenure of 20 years will be INR 30,966.
How can I reduce my DHFL home loan interest rate?
If you wish to reduce your DHFL home loan interest rate, start working on it for at least one year before applying. Manage your finances better, repay your existing debts, make on-time payments, clear your credit card bills, and save. All such habits will make you financially strong and credible from a lender’s perspective.