Balance Transfer

Feeling the interest burden of your existing home loan? Relax! Transfer your home loan to DHFL at a lower interest rate with a Balance Transfer home loan. Further, you also have the option of a Top-Up loan over and above the balance you transfer.


Balance Transfer of the existing Home loan from another lending institution.
Are You Eligible?
For the salaried class, any Indian, of age 18 years* minimum and up to the maximum age of retirement or 60 years, whichever is earlier
For the self employed category, the maximum age is 65 years.
Amount of Loan:
100% of Principal outstanding and other charges based on the loan SOA/Foreclosure statement or 80% of MARKET Value whichever is lower
The actual loan amount is determined taking into various account factors such as:
Repayment capacity
Educational qualifications
Stability and continuity of income
Number of dependents
Co-applicant’s income
Saving habits, and more
To calculate your eligibility please use our Eligibility Calculator.
Work out your EMI using our EMI Calculator.
Maximum Tenure of Loan
DHFL understands the value of your hard earned MONEY. With a tenure up to 20 years, you can reduce the EMI amount, so that your outgoings every month do not come in the way of your lifestyle and living standards.
The tenure of your Home Construct loan ranges from 1 to 20 years maximum. The term however does not extend beyond the retirement age or 60 years whichever is earlier (65 years for self employed individuals).
Interest Rate
DHFL OFFERS one of most competitive rates in the market. As per the guidelines set by NHB (a subsidiary of RBI) the Interest rate applicable is based on the Retail Prime Lending Rate (RPLR) which varies from time to time. DHFL offers interest rates at discounted rate on the RPLR. Depending on the loan amount, the interest rate varies.
Nominal Processing Fees
The dream home you want to construct must be free of any legal & technical encumbrances. DHFL charges a fee for a thorough legal and technical evaluation of the property to ascertain and make sure that it is as per norms and legal procedure. This safeguards and secures your property.
At the time of processing your loan, a one-time fee is chargeable: 1% of loan amount (SAL) and 1.5% of loan amount (SEP/SENP). Service tax extra as per government rules.
Easy Repayments
To make repayments easier, we OFFER customers two simple options of repayments.
You have 2 OPTIONS for repayment of the loan based on the EMIs payable:
Through ECS (Electronic Clearing Service) based on standing instructions to your bank
PDCs (Post Dated Cheques) drawn on your Savings/Salary account
Simple Security
Balance Transfer and Balance Transfer + Top-Up Loans are secured loans. We’re governed by the National Housing Bank (NHB) guidelines – a subsidiary of RBI and as a security, the property is mortgaged by depositing the REGISTERED sale deed of the property in question and ONLY DHFL will have FIRST CHARGE on the property.
Easy Documentation
As per government rules and regulations, we’re required to adhere to certain procedures on documentation. Therefore to enable us to speedily process your home loan application, we will require the following:
KYC (Know Your Customer) documents
Proof of Income documents and bank statements as per log-in checklist
Property related documents as per log-in checklist.
Tax Benefits
As per IT Rules, the current applicable exemption u/s 24 is ` 1.5 lacs for the interest amount paid in a FINANCIAL year and up to Rs.1 lac for the Principal amount repaid in the same year. Thus up to ` 2.5 lacs is tax exempt, helping you save up to ` 70,000 tax annually.
Don’t succumb to the high interest burden on your existing home loan. Fill in the Enquiry Form alongside. Our Representative will get in touch with you to help you through the entire loan process. Enjoy a better life with the MONEY you save!

Get Enquiry Here

9594111161 / 9967111161
504, 5th Floor Suchita Business Park,
Raigad Chowk, Station Road, Ghatkopar (E), Mumbai 400 077

Best Viewed in 1366 X 768 Resolution