DMI Housing Finance: Interest Rates, Eligibility, EMI 2024

DMI Housing Finance: Interest Rates, Eligibility, EMI 2024

Jun 18, 2024

15 Mins

DMI Housing Finance is a leading housing finance company that offers home loans at competitive interest rates. With interest rates starting from 11.00% p.a., DMI Housing Finance provides affordable loan options for individuals looking to buy a new home or transfer their existing home loan to the company.

One of the key highlights of DMI Housing Finance is the loan amount. Borrowers can avail home loans of up to Rs 30 lakhs, making it suitable for a wide range of property purchases. Additionally, the company also offers various types of home loans such as plot purchase loans, home construction loans, home extension loans, and home renovation loans.

For individuals who have an existing home loan with another lender, DMI Housing Finance provides the option of a balance transfer with a top-up loan facility. This allows borrowers to transfer their existing home loan to DMI Housing Finance and avail additional funds for other expenses.

To apply for a home loan with DMI Housing Finance, borrowers need to meet the eligibility criteria set by the company. The minimum age requirement for applicants is 18 years, and the maximum age varies depending on income documents. The company also requires certain documents such as identity proof, age proof, address proof, income proof, and property-related documents.

In terms of fees and charges, DMI Housing Finance charges a processing fee of Rs 3,000 plus 1.5% of the loan amount. There are also charges for legal verification, technical verification, cheque bounce, and document retrieval.

Overall, DMI Housing Finance is a reliable choice for individuals looking for affordable home loans. With competitive interest rates, flexible loan options, and transparent fees and charges, the company provides a seamless borrowing experience. To unlock the best home loan offers from DMI Housing Finance and other lenders, borrowers can use online platforms like Paisabazaar.com for easy comparison and application.

DMI Housing Finance is a leading housing finance company that offers home loans at competitive interest rates. With interest rates starting from 11.00% p.a., DMI Housing Finance provides affordable loan options for individuals looking to buy a new home or transfer their existing home loan to the company.

One of the key highlights of DMI Housing Finance is the loan amount. Borrowers can avail home loans of up to Rs 30 lakhs, making it suitable for a wide range of property purchases. Additionally, the company also offers various types of home loans such as plot purchase loans, home construction loans, home extension loans, and home renovation loans.

For individuals who have an existing home loan with another lender, DMI Housing Finance provides the option of a balance transfer with a top-up loan facility. This allows borrowers to transfer their existing home loan to DMI Housing Finance and avail additional funds for other expenses.

To apply for a home loan with DMI Housing Finance, borrowers need to meet the eligibility criteria set by the company. The minimum age requirement for applicants is 18 years, and the maximum age varies depending on income documents. The company also requires certain documents such as identity proof, age proof, address proof, income proof, and property-related documents.

In terms of fees and charges, DMI Housing Finance charges a processing fee of Rs 3,000 plus 1.5% of the loan amount. There are also charges for legal verification, technical verification, cheque bounce, and document retrieval.

Overall, DMI Housing Finance is a reliable choice for individuals looking for affordable home loans. With competitive interest rates, flexible loan options, and transparent fees and charges, the company provides a seamless borrowing experience. To unlock the best home loan offers from DMI Housing Finance and other lenders, borrowers can use online platforms like Paisabazaar.com for easy comparison and application.

Download App

Explore More

Managing assets totalling over 1 crore+