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DHFL Vysya announces rural housing fund scheme

India Blooms News Service | | 30 Jun 2014, 01:37 pm
Mumbai, June 30 (IBNS) DHFL Vysya Housing Finance Limited, a part of the DHFL group, Monday announced a specialised ‘Rural Housing Fund’ scheme to enable customers buy their dream home. This scheme offers customers attractive interest rates starting 9.35% for 15 years (fixed for the first 7 years and variable thereafter).

Under the DHFL Vysya ‘Rural Housing Fund’ scheme, customers can avail a housing loan of up to Rs.15.00 lakh for a tenure of 15 years, for purchase or self-construction of a residential unit, home loans, home extension loans, home improvement loans. (Rural areas include places / villages with a population of up to 50,000 as per 1991 census)

According to   R. Nambirajan, MD, DHFL Vysya, “The ‘Rural Housing Fund’ scheme provides stimulus to rural housing in India. We, at DHFL Vysya, have predominantly been focusing on rural areas, in alignment to which our operations and branch set up has been established.  We would like to make use of this attractive rate of interest to be more competitive in this market space.”

In addition to attractive interest rates, DHFL Vysya also offers customers free legal and technical guidance to assist them in their home buying / self-construction.

The company conducts Spot Sanction Melas and Road Shows at various locations for customers to facilitate their home buying decision.

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