Online PR News – 31-October-2013 – To enable customers buy their home during the auspicious festive period

All India: October 1, 2013:

DHFL, one of Indias leading housing finance company, today announced an Express Loan scheme to enable customers buy their dream home during the auspicious festive period, starting October 5, 2013. Under this scheme, salaried customers will be entitled to avail sanction of the loan amount within three working days of submission of mandatory credit documents as per the customer profile and eligibility norms of the Company whereas for self-employed customers, the in-principle sanction will take four to five working days. The DHFL Express Loan scheme can be availed from any of the DHFL branch office across the 456 locations in India, between October 5 and November 5, 2013.

Mr. Rakesh Makkar, EVP & Chief Distribution Officer of DHFL stated, DHFL Express Loan is a reflection of our endeavour to fulfill the dream of home ownership of customers during the auspicious festive season.

DHFL Express Loan offers customers an in-principle approval for a home loan and is available for all potential customers who wish to avail a home loan for buying a ready or under-construction property or for refurbishment of one’s house. DHFL also offers Plot-cum-Construction loan for self-construction of one’s house.

Past home buying trend analysis shows a distinct boost during these months, which celebrate some of the biggest festivals in the country- Navratri, Dassera & Diwali. It is our endeavour to bridge the financial gap customers face, and support their home buying decision, added Mr. Makkar.

To avail the DHFL Express Loans, customers need to submit relevant credit-related documents which include PAN/ TAN card, address proof, bank statements and tax returns. Disbursement of the sanctioned loan amount is subject to the legal & technical clearance of the property in subject as per the DHFL policy.

DHFL is Indias second largest housing finance company in the private sector and has been enabling home ownership amongst the Lower and Middle Income segment in the semi urban and rural areas of the country for the last 30 years. The Company, has to its credit various innovations towards enabling home ownership and protection plans like Home loans for self-employed and a Triple benefit insurance plan, to name a few.

About DHFL
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. Led by Mr. Kapil Wadhawan, CMD, DHFL, the Company is reckoned as one of Indias leading housing finance companies in India with a network across 447 locations.

The Company’s representative offices in Dubai and London cater to Non-Resident Indians (NRIs) in their requirement for housing finance for purchase of residential properties in India.

For further information, please visit http://www.dhfl.com.