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DHFL announces Instant Home Loan Offer in Chennai with Zero Processing Fees

Chennai, December ,2017: DHFL, one of India’s leading housing finance companies,is offering instant home loansservices, attractive gifts and zero processing fees in Chennaifrom December 4th to December 16th, 2017. The objective is to encourage and provide easy access to affordable finance to the low and middle incomeconsumers (LMI) to pursue and fulfil their wish of owning their dream house. DHFL will offer these attractive offers at DHFL,Kalpalathika Towers, Old No: 24, New No: 36, 4th Floor, Dr. Ambedkar Road, Ashoknagar Main Road, Kodambakkam, Chennai – 60002 or connect on toll free number 1800 22 3435 .Supplemented by the thrust offered by the Government’s Housing initiatives including‘Housing for All by 2022’, ’Smart Cities Mission’, PPP policies, implementation of RERA, interest rate subventionsand other important regulatory initiatives,DHFL has been leveraging these opportunities and is on an accelerated growth path.

Commenting on DHFL’s performance, Mr. Harshil Mehta, JMD and CEO, DHFL stated, “DHFL has launched several strategic initiatives in Chennai and Tamil Nadu to aggressively expand its credit facilities, creating customized products and services best suited for low and middle income customers. The government has laid a very strong foundation for the affordable housing industry over the last few quarters, acknowledging the immediate need for India to respond to the huge demand for affordable housing. The ‘Housing For All by 2022’ initiative is a tremendous undertaking that is set to positively impact India’s mortgage-to- GDP ratio. The government’s efforts have broad based the industry and have ushered in great transparency and governance through efforts like RERA.We are aggressively expanding our credit facilities, focusing on developing greater financial awareness for the segment and creating the right products through customization, to become the preferred choice for home loans and deposit products for LMI customers. With several growth-oriented strategic efforts underway, we are optimistic about achieving ~50% growth on home loan disbursements this fiscal from Tamil Nadu and neighboring locations. Currently, Chennai and its neighboring locationscontributeover 40% to Tamil Nadu’s home loan book.”

DHFL’s operations in Tamil Nadu started in 1992with its first branch in Chennai and has since then grown to 38 branches servicing over 100 locations. Over the years, DHFL has successfully enabled home ownership dreams of over 1lakh lives in Tamil Nadu and strives to positively influence many more lives in the future.

DHFL’s unique affordable housing platform ‘Griha Utsav’ has been successfully executed in about 18 Tier 2 and 3 towns so farbringing all the leading, local affordable housing developers under one roof and witnessing over 30,000 customer walk-ins so far. In the South region, Griha Utsav has been conducted at Madurai, Mysore, Vizag, Guntoor and Calicut, providing the LMI consumers easy access to affordable housing and finance solutions. DHFL is planning to host close to 100 Griha Utsavs by the end of this fiscal with a focus in South India.

About DHFL
DHFL was founded in 1984 by Late Shri Rajesh Kumar Wadhawan with a vision to provide financial access for Indians to own a home of their own. Today, led by Mr. Kapil Wadhawan, CMD, DHFL, the company is CARE AAA rated and reckoned as one of India’s leading financial institutions with a large presence across the country, in addition to representative offices in Dubai and London.

Throughout its years of growth, DHFL has stayed true to its core vision of financial inclusion, especially to the low and middle income customers across India. The company’s wide network, coupled with insights into local customer needs, has enabled the company to provide meaningful financial access to customers even in India’s smallest towns. With a strong business foundation, an extensive distribution network, proven industry expertise and a deep understanding of the Indian customer, DHFL is a respected and trusted financial services company in India with a concerted focus towards enabling home ownership to the low and middle income customer. For further information, please visit www.dhfl.com.

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