Owning a home is very important since you can get the chance to live happily with your family members. Unfortunately, getting a home involves making decisive decisions that will help in financial planning. The good news is that you can now rely on financial institutions to get a home loan thus reducing the burden of constructing your own house. This is especially the case when you are running on a low budget. So many financial institutions allow access to a housing loan. However, their interest rates tend to vary hence it is advisable that you select an institution that has a low interest rate. One of the most popular financial institutions when it comes to getting home loans is DHFL.

With DHFL housing loans, you can be able to buy a ready-built up or under construction house, that suits your preference. Furthermore, you can apply for a land loan to buy a piece of land that you can use to construct your house. DHFL housing loans vary depending on an applicant’s working standard i.e. Salaried individual or self-employed professional.

With the internet, you can now apply for a DHFL housing loan without having to visit the bank. However, you must be certain of your eligibility before applying for any housing loan. Below are some of the things that you need to put into consideration before applying for a housing loan.

• Applicants must be 21 years and above
• You must be self-employed or on a monthly salary
• The loan must be terminated before reaching the age of 70
• Co-applicant should be above 18 years

After meeting the requirements, you can apply for a DHFL housing loan online by making use of the guide given below.

• Enter https://www.dhfl.com/ on your browser to access DHFL website.
• You will then have to click on “Apply Online” option to start the application process.
• The above action will redirect you to a new page from where you will have to know the amount that you can get. All you have to do is use the Home Loan EMI Calculator.
• Fill in all the necessary details including your mobile number, name and income. Click on “Calculate EMI” to know the amount that you can get.
• Next, click on “Apply Online” button. This action will generate the housing loan application form.
• Fill in the details before finally clicking on “Apply” button to complete the application process.

With DHFL housing loans, you can get a tenure of up to 30 years depending on your choice. This loan is made available with the lowest interest rate of 8.70% on loans up to Rs. 30 Lakhs. For loans above Rs. 30 Lakhs, you will have to pay an interest of 9.20% to 9.90%. This interest rate is quite friendly when you compare it to the rates charged by other financial institutions that offer housing loans. The good thing about getting a housing loan is the fact that you can repay the amount in installments. By doing so, you will be able to use your salary in the best way possible. Who are getting Provident Fund amount check the balance statement in EPF India Website