DHFL, a housing finance company in the private sector that caters to the middle and lower income segments has revised its home loan rate to 9.90 % p.a. with effect from April 15, 2015.
DHFL, a housing finance company in the private sector has revised its home loan rate to 9.90% p.a. with effect from April 15, 2015.
Further to the recent announcement made by the Reserve Bank of India’s decision to cut the interest rates, the step taken by DHFL will enable to pass on the benefit to its end consumers. This reiterates the company’s vision to enable a home for every Indian. The move by DHFL also complements the Government’s initiative of ‘Housing for All’ by 2020 and will help to create more demand making the sector more attractive for investors.
Commenting on the developments, Kapil Wadhawan, CMD, DHFL, said “The reduction in the interest rate to 9.90% p.a. reflects our commitment towards enabling home ownership in tier 2 and 3 towns for each and every Indian especially in the LMI segment.‘’
Dewan Housing Finance Corporation Limited (DHFL) was founded in 1984 by Late Shri Rajesh Kumar Wadhawan with a vision to provide financial access to the lower and middle income segment of the society.
Today, DHFL is present over 570 locations. The Company also has overseas representative offices at Dubai and London.
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