DHFL PLR Rates, DHFL PLR – Sep 2020


6th August 2020 – RBI keeps Repo Rate unchanged at 4%

Current PLR rate of DHFL is 19.42%, which the bank fixes periodically based on its internal cost of funds and the current interest rates in the economy. DHFL benchmarks its interest rates for home loan and other loans to PLR rates.

PLR 19.42% * History

DHFL Interest Rates

DHFL Interest Rates
Fixed Deposit Interest Rates 8.50% to 9.25% Detail
RD Interest Rates 8.00% Detail


  • DHFL decides and fixes its own RPLR from time to time.
  • RBI does not decide the PLR Rate of any NBFC or HFC. RBI only announces the repo rate, which influences the cost of raising new funds for the housing finance company. HFCs may or may not decide to change their PLR rate in response to changes in the repo rate.
  • Effective 1st April 2016, banks has been directed by RBI to fix their loan interest rates benchmarked to MCLR rate which is based on its marginal cost of funds. Earlier, the banks fixed its loan interest rates to Base Rate, which was based on total cost of funds of the bank. However, Housing Finance Companies and NBFCs continue to offer loans at PLR rates.
  • DHFL typically offers loans benchmarked at a discount to the PLR to arrive at its lending rate.

DHFL PLR Rate Trend

Date RBI Repo Rate DHFL PLR Rate
22nd May 20 0.4%
27th Mar 20 0.75%
04th Oct 19 0.25%
07th Aug 19 0.35%
06th Jun 19 0.25%
16th Apr 19 9.42% 9.65%
04th Apr 19 0.25%
07th Feb 19 0.25%
29th Jan 19 19.07% 0.77%
01st Aug 18 0.25%
06th Jun 18 0.25%
02nd Aug 17 0.25%
04th Oct 16 0.25%
05th Apr 16 0.25%
08th Oct 15 18.30% 0.2%
29th Sep 15 0.5%
02nd Jun 15 0.25%
15th Apr 15 18.50% 0.1%
04th Mar 15 0.25%
15th Jan 15 0.25%
28th Jan 14 0.25%
  • MyLoanCare regularly tracks RBI repo rates and PLR rates of DHFL to give past trend in the change in DHFL PLR rates as compared to the changes in the repo rates. Any borrower, who plans to take a PLR based loan should compare the past trends of PLR and MCLR rates of HFCs and banks to ensure that the lender they choose is prompt in revising their PLR or MCLR rates.
  • Based on an analysis and comparison of PLR rate trends of DHFL Current PLR Rate of DHFL is 19.42%, which was last revised on 16th Apr 19. On the other hand, current RBI Repo Rate is 4.00% which was last revised on 06th Aug 20.
  • It is not mandatory for DHFL to revise its rate every month and it may choose to retain the same rate for a longer period keeping them unchanged.

DHFL Interest Rates- Benchmarked to PLR Rates

  • DHFL PLR rate is notional interest rate to which interest rate on DHFL’s floating rate loans is benchmarked. Typically, all loans by DHFL are priced at a discount to the DHFL PLR.
  • Applicable rate of interest on all DHFL floating rate loans, such as home loans, loans against property, business loans, SME loans linked to PLR will vary with changes in its PLR from time to time.
  • Sometimes, DHFL may have different benchmark PLR’s by customer segment and by product. E.g., it may have one PLR for retail and another one for corporate.

Compare PLR Rate Movement

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    About DHFL

    • DHFL's registered office is located at Warden House, 2nd Floor, sir P.M. Road Fort, Mumbai-400001 .
    • DHFL's management is led by its CEO Mr. Kapil Wadhawan.
    • Its current Base Rate is 9.75%, which was last revised on 01st Aug 20.
    DHFL News - Sep 2020
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