There are currently no loans by DHFL to purchase land or plot to construct your own house. You can get home loans to buy a readily built house or an under-construction house. They do offer loans for the construction of a house on a plot that you already own. You can also get a loan to renovate or expand your current house. But there are no loans from DHFL to purchase a plot of land for house construction. 

You can opt for a home construction loan if you already own a piece of land. This loan offers you up to 90% of the construction cost as a home construction loan from DHFL. The interest rates are quite lower at 8.75% per annum. 

With DHFL Home Loans, you get the following benefits: 

  • Interest rates that are floating or fixed, depending on your option.
  • Interest rates that are low and competitive to the market rates.
  • Processing fees are low.
  • There are fewer forms to fill out, and there are no penalties for paying in advance.
  • There are no hidden fees or administrative fees.
  • Application procedure that is open and transparent
  • Flexible repayment choices 

DHFL Home Loans are economical for borrowers in terms of interest rates and processing fees. The loan processing turnaround time is pretty fast allowing borrowers to realize their dream home quicker.