DBH normally provides maximum 80% of Apartment purchase cost and 80% of cost of Construction.

Subject to the maximum loan limit as mentioned above, your Repayment Capacity as assessed by DBH will determine the Loan Amount you can borrow. Repayment Capacity is determined by the factors such as your income, age, qualifications, number of dependents, spouse's income, assets, liabilities, stability, continuity of occupation and savings history. While providing a Housing Loan, DBH wants to ensure that you can comfortably and regularly repay the Loan Amount you borrow.

You can apply when you are planning to purchase an apartment/plot or construct/extend a house or renovate your apartment/house. The application can be made even if the payment against the potential purchase or the construction work of the house has not started.

DBH prescribed loan application form needs to be properly filled up and to be submitted to any of the DBH offices along with case-specific required documents and necessary fees (to be paid through A/C payee cheque).

Please contact any of the DBH Offices for the Fees details currently applicable to avail DBH Home Loan. Please note that, payment of all fees must be made through "A/C Payee" Cheques in favour of "DBH Finance PLC." Loan-related fees are subject to 15% VAT.

Please contact any of the DBH Offices for the Processing Fees and Loan Fees currently applicable to avail DBH Home Loan. Please note that, payment of all fees must be made through "A/C Payee" Cheques in favour of "DBH Finance PLC.". Loan related fees are subject to 15% VAT.

INCOME DOCUMENTS:

If you are Employed

• Employment Certificate
• Latest Salary Slip/Salary Certificate showing all documents.
•  Bio-Data/C.V.
• Bank statements for last 12 months.

If you are Self-Employed:

• Trade License of the business
• Copies of individual income-tax returns and assessment orders for the last three years along with the statement of income.
• Profit and Loss Account and Balance Sheet of your business for last three years.
•  A note giving information on the nature of your business/profession, form of organization, clients, suppliers etc.
• Bank statements for last 12 months.

Other Documents:

• Copies of Ownership Document & Rental Agreement, if you have rental income
• Copies of Savings Instrument (if any)
•  Similar proof of other income.

All of the property owners need to be added as either applicant or co-applicant(s) of the loan. Normally, respective spouses are added as co-applicants irrespective of their ownership status in the concerned property.

DBH loans are repaid in Equated Monthly Installments (EMI) comprising both principal and interest amount. EMI starts after availing the full loan amount. In partly drawn cases, only the interest amount (PEMII) calculated on the already drawn amount is payable each month.

Please click the link beside for presently applicable home loan interest rates.   Download here

DBH offers both Adjustable and Fixed Rate Home Loan Schemes. Under Adjustable Rate Home Loan (ARHL) Scheme, depending on the changes in money market conditions, DBH reserves the right to change the rate of interest prospectively from time to time. In case of Fixed Rate Home Loan (FRHL) Scheme, the rate of interest remains same throughout the loan tenure.

Loan amount can be availed after satisfactory legal documentation, full own investment and satisfactory work-in-progress as per DBH assessment.

Fees to be normally paid through A/C Payee cheques in favor of "DBH Finance PLC.". EMI and PEMII amounts to be paid through Electronic Fund Transfers in most of the cases.

Holding Tax benefit from concerned City Corporations may be availed if your property is Registered Mortgaged with DBH.

It is recommended that the property is duly and properly insured for fire and other appropriate hazards, as advised by DBH.

DBH has information of developer inventory across most major cities and you may take assistance from DBH on prospective property leads based on your requirement.

DBH finances in such cases subject to compliance to prevailing policies.