Dedicated to my teachers and

friends..
DEWAN HOUSING FINANCE
CORPORATION LTD or DHFL.
CHANGING RULES , CHANGING
LIVES
ESTABLISHED BY LATE SHRI RAJESH KUMAR
WADHAWAN A VISIONARY INDIAN BUSINESSMAN

DHFL stands strong as one of Indias largest housing
finance companies and Indias second largest private
sector..
278 offices all over India
DHFL has also tie-ups with Punjab and Sind banks ,
central banks etc..

DHFL has assigned a rating CARE AA+ by CARE
and AAA by BRICKWORKS for various long term
debt instruments




Insights that help customers win

Customers focused product innovation.
Customer focused credit policies.


At DHFL , we believe that financial access
on fair terms is everyones birth right.

FIRST TIME HOME LOAN GUIDE
Prioritise your requirement..
Type of residence..
Size of residence..
Location..
Surrounding..

Arranging home loan finance(home
loan)
Joint ownership..
Home loans:
it means to borrow money in order to buy a
property and the property being mortgaged to
the lender until all the money has been repaid
by the borrower to the lender..

PURPOSE OF AVAILING
HOME LOAN
You can avail home loan for
ready built-up or under
construction house..
Home loan eligibility criteria
Customer can avail a home loan up to 5crore
rupees ( minimum loan amount is 1 lakh
rupees) but not exceeding 85% of the cost of
property or 80% of market value, whichever is
lower..

Factors that determines home loan
amount
Repayment capacity.
Age.
Educational qualification.
Stability and continuity of income.
Assets.
Liabilities.
Maximum tenure period for
home loan:up to 30 years
Home loan interest rates
DHFL offers one of the most competitive rates
in the market.
The interest rate applicable is based on the
DHFLs retail prime lending rate(RPLR).
Home loan processing fees ,in case of salaried
indivisuals (SAL) it is 1% of the loan amount ,
whereas for Self-employed professionals/non-
professionals( SEP/SENP) it is charged at 1.5%
of the loan amount,plus service tax and cess.
Documentations for your home loan
KYC( Know Your Customers) documents.
Prove of income documents and bank
statement as per log-in-checklist.
Property related documents.
Home loan approval process
Step 1-Home loan eligibility assessment.
Step 2-Conditional home loan sanction.
Step 3-Security assessment.
Step 4-Loan disbursement.
Home buying tips
Some quick questions and answers below will
serve as essential tips when you buy a home :
Q: What are the important documents one
should check before buying any property ?
If you want to purchase a property , you must
see the approved layout plan,approved
building plan,ownership documents,carryout
search etc.Consult an advocate.
Q:What is difference between built-up
area,super built-up area and carpet area?
CARPET AREA:This is the area of the
building,which does not include the area of
walls.
BUILT-UP AREA :This is the area of building
which includes the area of walls.
SUPER BUILT-UP AREA :This includes the built-
up area,along with the area under common
spaces such as the lobby,lifts,stairs etc.
Q:Who is liable to pay stamp duty-the buyer or
the seller ?
The liability of paying stmp duty is that of the
buyer unless there is an agreement to the
contrary.
Q:Who is the appropriate authority for
knowing the market value of the property?
The sub-registrar of the area is appropriate
authority for knowing the market value of the
property.
Home loan for self-employed
As we know that, in India , only 7% of our
labour force is in the organised sector and the
rest is in unorganised sector. To overcome this,
DHFL has come-up with home loans
exclusively tailored for the needs of self
employed people.Self-employed professionals
as well as non-professionals can now avail of
home loans..
Home loan eligibility amount
Customer can avail a home loan of up to 1
crore( minimum loan amount 1 lakh ) but not
exceeding 60% of the cost of property or 60%
of the market value, whichever is lower.
The actual loan amount is determined on the
basis of factors that are already fihure-out
before.
Tax benefits for your home loan
As per IT rules , the current applicable
exemption u/s 24 is 1.5 lakh for the principal
amount repaid in the same year.
Thus upto 2.5 lakh is tax exempt, helping you
to save 70,000 tax annually.
So now dont think twice about building
your dream home
Made by :
Mohammad Sameer