DHFL Mortgage Loan

Interest Rate starts from


Mortgage Loan from DHFL

Possessing a valuable property that can be mortgaged for your needs? Check out the Mortgage Loan offers from ApnaLoanBazaar provided by various bank across India and enjoy our support till the Loan closure.

Interest rate starts at


Processing Fee

0.50% * to 2.00%*

Loan Tenure

upto 15 years





Pre-closure Charges


About DHFL

DHFL, one of India’s leading housing finance company is established on April 11, 1984 to enable access to affordable housing finance to the lower and middle income groups in semi-urban and rural parts of India. DHFL is the second housing finance Company to be established in the country.


Gold’ at the Asia Pacific Customer Engagement Forum & Award, 2016-2017

Golden Peacock Innovative Product and Service Award 2016,

DHFL awarded the Best Housing Finance Company by BFSI awards presented by ABP News, 2015

DHFL amongst the Top 50 Dream Companies to work for awarded by Times Ascent & World HRD Congress, 2015

DHFL wins Best Corporate Brand Award 2015 by Economic Times

DHFL wins India’s Most Trusted Brand Award 2015 in the housing finance category

Why Mortgage Loan from ApnaLoanBazaar?
Exclusive and Leading retail financial services website in India
Get Loan against on your Residential, Commercial, Industrial and open land properties
Compare and analyze the best loansuitable for your needs
Multipurpose loan eligibility in an easy to understand manner
Flexible loan tenure from 5 years to 15 years
Starts from ₹5,00,000
Max Loan upto ₹30,00,00,000
Choose loan offers from Industry Mortgage Loan Leaders at one place
You can choose the low cost mortgage loan as per your requirement (More Savings)
Various EMI Calculators and amortization tables to understand your loan repayment amount
Quick and Easy Process
Online application with less paper work
Nil Charges for pre-closure of Loan amount
Expert advise on Loan documentation
Expert guidance on property Legal and technical verification by the lending institution
Age Limits – 24-60 years

You are Eligible for Mortgage Loan if you are any of these

A Salaried Employee
A Self Employed Professional
A Self-Employed Individual
An Entrepreneur
Person should citizen of India and must be above 21 years of age to avail home loan. The maximum Age limit should be 55 years, and applicant should be fulfill Bank/Financial Institute eligibility criteria.

Mortgage Loan can be used for many purposes like below

For Business Expansion

Accelerate the Business Growth

For Acquiring New Technology

For Construct a New Block

for setting up a new Factory

Setting up a new branch

To Pay off the other Loans

To Procure the More Stock

Identity Proof For DHFl Bank Mortgage Loan: (Anyone of the below)

Driving License
PAN card
Photo credit card (with embossed Signature and last two months statement)
Banker's sign verification 

Age Proof For DHFl Bank Mortgage Loan: (Anyone of the below)+

PAN Card
School leaving certificate
Voter card
Birth Certificate
LIC policy (only for age Proof)

Address Proof for DHFl Bank Mortgage Loan: (Anyone of the below)+

Telephone bill (BSNL/MTNL)
Electricity bill
Title deed of property
Rental agreement
Driving license
Election ID card
Photo-credit card (with last two month statements) 

Income Proof for DHFl Bank Mortgage Loan: (Anyone of the below)+

Latest salary slip
Current dated salary Certificate with latest form 16.
Latest year IT Returns with Tax Audit reports(For Self Employed applicants)

Job Continuity Proof for DHFl Bank Mortgage Loan: (Anyone of the below)+

Form 16
Relieving letter
Appointment Letter (for last two months)
Last 6 months of VAT/Service Tax returns (For Self Employed Applicants)

Banking History for DHFl Bank Mortgage Loan: (Anyone of the below)+

Bank statements of latest 2 months
3 months bank passbook

Property Related documents for DHFl Bank Mortgage Loan: (Anyone of the below)+

Min of 15 years of Link documents of Property/div>
Min 15 Years of Encumbrance Certificate (EC) of the property obtained from Govt. Authorities
Property Sanction plan
BRS/LRS copies (if required, any)

Things Keep In Mind While Avail a DHFl Bank Mortgage Loan

A mortgage is actually made up of several parts – the collateral you used to secure the loan, your principal and interest payments and insurance.

Since most mortgages last 10 to 15 years of monthly payments, you should understand the how exactly it will works for you.

Type of Collateral You Are Offering

1) Residential Properties:
Properties are used for the residence purpose usually called as residential properties. Independent houses, flats, villas are commonly considered as residential properties. Financial institutions like these properties and offer more LTV (loan to value) offer to the borrower. Since at the time of loan default, residential properties are easy to liquidate in the market and recover the loan amount.
2) Commercial Properties
Properties using for commercial purpose called as commercial properties. Shopping malls, Market area properties and other properties which is located in commercial area is considered as commercial properties. After residential properties, banks will give preference to the commercial properties for loansanction to a borrower. Compare to residential properties, commercial properties are little difficult to liquidate in the market. Hence the LTV of the commercial properties are will in the range of 50%-60% of the property value.
3) Industrial Properties
Properties are located in the govt declared industrial area like SEZ, Industrial zone etc., and a property is having huge infrastructure setup like machinery, which can be used for the business trading, manufacturing or storage of goods considered as industrial properties. Industrial properties liquidity in the market is low, hence the banks provide LTV to these properties are 40%-50% based on the property amenities.

Principal And Interest

The principal is simply the sum of money you borrowed on mortgage.

Interest is what the lender charges you to use the money you borrowed, usually expressed as a percentage called the interest rate.

Principal and interest comprise your monthly payments in a process called amortization, which reduces your debt over a fixed period of time. With amortization, your monthly payments largely go toward paying off the interest in the early years, and gradually reduce the principal later on.

Factors That Affect your Loan Interest Rates

1) Type of Property offered as Mortgage:

Your property will decide the interest rate on your loan. A residential property will attract lesser rate of Interest compare to the Commercial and Industrial properties. Industrial properties will have comparatively higher rate of interest. This is due to the liquidity of the property, when default occurs.

2) Property Legal and Technical Clearance:

Banks will not finance all properties. Banks look into various aspects like locality, usage etc. Property must satisfied by the lender internal policies criteria. For example, sometimes commercial properties built by the borrower basis on the residential approvals from the govt authorities, however actual usage is for commercial purpose. This is a deviation from the lender perspective. These factors will have impact on your loan approvals.

3) Bank-Customer relationship:

If you approach the bank where you already have a bank account and you are a valued customer then banks may give you certain leeway. This mean you can negotiate with the bank for a cheaper interest rate. Most banks agree to give a concession of 0.5-1% on the interest rate.

4) Credit/CIBIL History:

If you have good credit/CIBIL record then banks will definitely award you with a better rate of interest. This means that if you have taken a loan previously and managed to pay it off without defaulting then you will have a high credit/CIBIL score. Apart from the loan the banks also take into account payment of your credit card bill record.

Expert Advice

Best Practices for DHFl Bank Mortgage Loan

Try to get a mortgage first, if there are going to be multiple financial obligations popping up in the near future. If you are going to be applying for new credit cards, the inquiry alone can affect your credit score. This will affect your loan processing.
Search in the Market:Before applying the mortgage loan, search for the best lender as per your requirement such as low interest rate, maximum loan tenure and higher LTV etc., this can help you to avoid crucial time and money for the mortgage loan processing.
Get Clarified:Get Clarified on the all the mortgage terms and conditions before put up the application, few of the lender will provide additional option like “Nil Charges” for Pre/Part payments and few Lenders provide the top up on your existing loan based on the good loan track. Get this information clarified from your lender.
Make Timely Payments: Make timely payment on all current debt obligations, including any current mortgage, car, credit card and other bills on time, particularly around the months leading up to the time you get ready to apply for a mortgage. This will ensure that your credit score is at the best mark, scoring you an ideal loan!

Tell the Truth: It may seem unnecessary to be reminded of this, but be as thorough as possible on the loan application. An in-depth analysis of your history will take place during the loan process. Failing to report a debt or misrepresenting your income will raise red flags.
Maintain Your Credit Score: Make on-time payments and make sure your credit score is above average. For mortgage loan the optimum credit score is 720. If you doubt on your credit score, get it online and get rectified before applying for DHFl Bank Mortgage Loan.
Be Prepare with the Property Documents: Make sure all the original documents and related link documents of the property to be available to you, this can help the loan processing faster. If anything is missing try to arrange the same before applying the loan. Since Mortgage loan process will happen only after the initial fee prescribed.

Continue to make your mortgage or rent payments on time.

Things not to do for DHFl Bank Mortgage Loan

Don’t accept any mortgage documents until you are given a breakdown on costs associated with your mortgage and understand the terms of your loan.
Don’t assume that all mortgage products are the same.
Don’t borrow more than you can afford even if you qualify for more.
Don’t- Close or open any asset accounts or transfer funds between accounts without receiving the correct documentation required for your loan.
Don’t - Change your legal name if you are a self employed.
Don’t - Alter any documents in any way.
Don’t change the bank accounts or banks unless advised

DHFl Bank Mortgage Loans Vs Lease Rental Discounting

Lease Rental Discounting DHFl Bank Mortgage Loan
Lease Rental Discounting (LRD) will be based on the actual rental you are receiving on the property. Mortgage loans will be provided based on already owned property.
There is no restriction on LRD loan usage. It can be used for any purpose. There is no restriction on mortgage loan usage. It can be used for any purpose.
Lease Rental Discounting (LRD) will be provided for max of 10 years, However it depends on the rental agreement Tenure. Mortgage loans will be restricted to max of 10 years of term, which will be varying from bank to bank in India.
Interest rate will be very from 11.00% to max of 15.00% based on the bank to bank. Generally Lease Rental Discounting (LRD) will be fixed interest loans. Interest rate will be very from 10.5 % to max of 15% based on the bank to bank. Generally mortgage loans will be fixed interest loans.
The money received from the LRD will be used for any purpose. There is no end use restriction on the amount. If the money received from a mortgage loan is used for business purposes, the interest can be claimed as an expense on the balance sheet of the business.
Loan can be availed up to max of Rs. 20.0 Cr under Lease Rental Discounting (LRD). DHFl Bank Mortgage Loans can be avail up to Rs. 30.0 Cr based on the type of property and its usage and value of property and eligibility of applicants as per banks norms.
There will be pre payment changes will be applicable for Lease Rental Discounting (LRD). This will be vary from 1% to 4% as per bank internal guidelines. There will be pre payment changes will be applicable for mortgage loans. This will be vary from 1% to 3% as per bank internal guidelines.
Part/Pre Payments will be allowed based on the internal policies of the banks for Lease Rental Discounting (LRD). Part/Prepayment will be allowed as per bank internal policies for Mortgage loans.
Lease Rental Discounting (LRD) eligibility depends on the type of tenant and credibility of tenant. Mortgage loans also avail with the joint eligibility as company and director or blood relatives.
Banks can consider 90% of the Lease Rental value as repayment for loan under the Lease Rental Discounting (LRD) . In DHFl Bank Mortgage Loan max of 65% property value can avail as a Loan based on the type of property.
You can avail a top loan facility on your Lease Rental Discounting (LRD). Top up facility will be varying from bank to bank internal guidelines.