DHFL Interest Rates on FD, Feb 2017

Fixed Deposit Interest Rate of DHFL

Last Updated 21st Feb 2017
Tenure General Rates Senior Citizen Rates
12 months 7.75% 8.25%
14 months 7.80% 8.30%
24 months 7.80% 8.30%
36 months 7.85% 8.35%
40 months 7.90% 8.40%
48 months to 120 months 8.00% 8.50%
*Above Senior Citien rates are for Privilege customers also. Prvilege customers include Senior Citizens, Armed forces personnel, Widows, DHFL home Loan/SME Loan/Mortgage Read Latest News on DHFL Here
  • DHFL offers FD interest rates upto 8.00% per annum.
  • Interest on deposits with DHFL is typically compounded as per scheme details.
  • DHFL accepts deposits starting at Rs. 2000 for various tenures.
  • For senior citizens (age more than 60 years), DHFL offers higher interest rate over and above rates mentioned below.
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FD Maturity Amount

DHFL Fixed Deposit – Premature Withdrawl

  • You may break you FD and withdraw your money subject to minimum moratorium requirements.
  • However, in case of premature withdrawal, DHFL pays 3% lower ROI on deposits upto 12 months and 2% lower ROI on deposits more than 12 months than applicable ROI for actual tenure of deposit.

Loan against DHFL FD

  • DHFL offers loan upto 75% against its own deposit. Note that you cannot obtain a loan against FD from another bank.
  • Applicable rate of interest on loan against FD is typically 0.5% to 2% over the fixed deposit rate.

DHFL Interest Rates in your city. How and where to apply?

  • Keep your KYC documents - PAN card, address proof and photo ready.
  • In case you already hold an account with DHFL, you don’t need to submit KYC documents again.
  • To know more or apply, contact any of the branches of DHFL in your city - Find DHFL Branches here

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  • DHFL FD rates with other banks in India

About DHFL

DHFL is a private sector housing finance company in India with it headquarters based in Mumbai, Maharashtra. DHFL is the second largest private sector Housing Finance Company (HFC) in India and works under the regulatory supervision of the National Housing Bank (NHB). The company was founded in 1984 with a vision to provide home loans to low and middle income individuals in semi-urban, rural areas. DHFL acquired the housing finance wing of ING Vysya in 2003-04 to gain a further foothold in the housing finance sector. During 2012-13, DHFL has also taken a stake in Avanse Financial Services Ltd., a NBFC which focuses on providing Education Loans to students in India & abroad. Over its 30 years of business, the company has established 278 offices in the country. DHFL has also tied up with various leading banks like Punjab & Sind Bank, United Bank of India, Central Bank of India and YES bank to provide home loans to their customers through a home loan syndication agreement. DHFL has developed specialized products and unique capabilities of credit capabilities to cater to the self employed and low income or mid income salaried individuals. DHFL has been assigned a rating of 'CARE AAA' rating by CARE and 'AAA' by Brickworks for various secured long term debt instruments. It has also been assigned 'A1+' rating by CRISIL for short term debt. It has also won many awards and recognition namely 'Most Trusted Financial Brand in India' by Brand Trust. Therefore DHFL offers lucrative Interest rates for loans targeted at low or mid income salaried individuals.
News - Feb 2017
24th Jan 17 Indian NBFCs raises Rs. 29, 000 crore via NCDs during FY 17
Indian NBFCs have raised a total funding of Rs. 29, 000 crore via non convertible debentures (NCDs) in the current fiscal year. Under the arrangement, DHFL raised funds worth Rs. 14, 000 crore through NCDs in the current financial year. The funds will be utilised for financing expansion plans, retiring debt, supporting working capital requirements and for other corporate investments. NCDs are loan linked bonds that are not convertible into stock and carry higher rate of interest than that of convertible debentures.
21st Jan 17 DHFL expects a growth of 25 percent in home loan disbursements in Kerala
Dewan Housing Finance is expecting a healthy growth of 25 percent in loan disbursements in Kerala over the next three financial years. . DHFL has registered a growth of 20 percent in its loan disbursements during first three quarters of FY 17.
19th Jan 17 DHFL expects 30 percent growth in home loan business in Telangana and Andhra Pradesh
DHFL, a leading housing finance company is expecting a 30 percent growth in its home loan disbursements in the state of Telangana and Andhra Pradesh during the current financial year. The company has disbursed home loans of Rs. 1700 crore during FY 2016 in these two states. The growth is expected to be driven by a steady demand for affordable houses.
17th Jan 17 DHFL net profit increases by 38 percent in third quarter of FY 17
DHFL has registered an increase of 38 percent in its net profit at Rs 244 crore for the third quarter ending on 31st December, 2016 as compared to Rs. 185 crore in the corresponding period a year ago. The growth in profit has been contributed by a healthy growth in loan sanctions and disbursements as well as improved revenue and interest margin.
05th Jan 17 DHFL cuts home loan rates by 0.5 percent
Dewan Housing Finance Corporation Ltd (DHFL) has reduced its home loan lending rates by 0.5 per cent for new home loan buyers. The new home loan rates are reduced to 8.60 percent as compared to 9.10 percent earlier. The revised rates are effective from 4th January, 2017.
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