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Non-housing loan, given to existing customers of DPHFL based on track-record against same residential property-for personal use.
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Key Features: |
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Loan Amount: |
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Maximum loan amount would be Rs. 50 lacs subject to IIR/FOIR grid AND LTV/LCR as per prevailing policy. |
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Tenure: |
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15 years OR outstanding tenure of the existing loan, whichever is less. |
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Interest Rate: |
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Floating rate with variable tenure will be offered, fixed rate will not be available under this product. Please contact our branches for the prevailing rates. |
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Fees: |
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Please contact our branches for Processing fees. |
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Repayments: |
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Uniform EMI and FLIP (Flexible Loan Installment Payment) will be available.
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Repayment mode: |
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ECS (Electronic Clearing Service) is preferred.
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Pre payment charges: |
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As applicable from time to time. (Please contact our branches for details). |
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Usage of Top Up funds:
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Only for legal and ethical purposes. Letter of end use of funds duly signed by borrower(s) is required. |
| Basic Eligibility Criteria:
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Parameters
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Salaried
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Self-Employed
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Profile
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Salaried (Govt. & Corporate)
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Salaried (Pvt. Ltd)
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Non professional (proprietors, Director, Partners, Agents)
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Professional (Doc, CA, Engineers)
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Age
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Min 21, Max-60
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Min 21, Max-60
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Min 21, Max-65
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Min 21, Max-65
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Qualification
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Graduate
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Graduate
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Graduate
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Graduate
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Experience
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Confirmed employee with a minimum 1 years experience in same company
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Confirmed employee with a minimum 5 yrs exp in same company / Industry
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3 years
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3 years
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Income Eligibility*
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Min Rs.180000/- per annum
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Min Rs.180000/- per annum
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Min Rs.180000/- per annum
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Min Rs.180000/- per annum
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| Salaried Individuals
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Self-Employed Individuals |
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Latest salary slip or salary certificate
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Last 3 years Income Tax returns duly certified by CA
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Form No.16 or PF statement or appointment letter in case of Cash Salary. |
Last 3 years Balance Sheet and Profit and Loss A/c with Annexures and Schedules
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| Age Proof
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Identification Proof |
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Passport size Photograph
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Repayment track record, if any. |
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Bank statement / Pass book copy for last 6 months
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Any other documents, as may be required. |
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| * Conditions apply. The above mentioned terms and conditions are subject to change without prior notice. Please contact one of our branches for details.
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