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Home Improvement Loan

Mumbai



A Quality Product from
Deewan Housing Finance Coporation Limited [View Profile]
Mumbai - India

Description :
Home Improvement Loans are offered to Individuals for the purpose of renovation and repainting their homes.

Customers can avail these loans ranging from Rs. 10,000/- to 100, 00,000-/ but all loans availed not exceeding 85% of the total documented cost of the property. The actual loan amount is determined after taking into account factors like repayment capacity, age, educational qualifications, stability and continuity of income, number of dependents, co-applicant's income, assets, liabilities, saving habits etc. The tenure of the loan ranges from 1 to 10 years. The term however does not extend beyond the retirement age or 60 years whichever is earlier (65 years for the self employed individuals). The size of the EMI depends on the quantum of loan, interest rate applicable and tenure of loan.

DHFL has a Regressive Payment Scheme meant for applicants who are due for retirement within the term of the loan and have applied jointly with an eligible younger co-applicant.

Prepayment of the loan, ahead of the contracted schedule in part or full, is permitted subject to payment of nominal fees / charges as stipulated by DHFL from time to time.


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Deewan Housing Finance Coporation Limited deals in :
We are premier Housing Finance Company in the Indian private sector. We are total home finance solutions provider, catering to the diverse needs of the home buyers. Its varied range of home loans and related products and services have been appealing to the home buyers across the country. Services : Home loans Home Extension Loans Home Improvement Loans NRI Home Loans Home Loans Plus Plot Loans Mortgage Loans Home Loans for Women VRHL Aashray Deposits Non Residential Property Leased Rental Finance.

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