Mumbai, April 14, 2015: DHFL, India’s second largest housing finance company in the private sector, today 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. Also, we at DHFL believe that, the move 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, Mr. 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. ‘’
About DHFL
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 India’s third largest housing finance Company with presence over 570 locations. The Company also has overseas representative offices at Dubai and London. For further information you could visit the company website at www.dhfl.com