Customer's Segment

You can apply for various housing loan products like home loan, Construction loan, home extension loan, Loan Against Propety etc., via different means mentioned below:

Website – You can visit the official website of DMI Housing Finance, go to the ‘Loans’ section, and download the application form to apply.

Customer Care – You can contact us at toll-free no. 18001214214.

Email – You can write to us at Customercare@dmihousingfinance.in.

Branch Visit – You can visit the nearest branch of DMI Housing Finance. Click here to locate.

Yes, you are eligible for a home loan if you fall under any of the following categories:

• Salaried Professional
• Self Employed Individual

DMI Housing Finance considers various factors while deciding the final eligible loan amount such as Monthly Income, Current Age, Income Stability, Current Obligations (EMI’s), and Current Market Value of Proposed Property/Collateral.

Generally, if a customer applies for a home loan or a home extension/renovation loan, plot loan, or any other type of housing loan., the process takes 30 days but the cases with complete documents can witness the disbursement in 5 to 6 working days.

Post credit score and documentation verification, the home loan application is processed. Furthermore, Legal and Technical requirements are completed.

DMI Housing Finance will also verify the customer’s own funds contribution in some cases. (prior to disbursement)

Post all verifications, the disbursement will be initiated in the form of Cheque/DD/NEFT/RTGS (depending on the transaction nature) in the beneficiary account.

Co-Applicants are allowed while applying for a Joint Loan, but co-applicant should be immediate family members like a spouse, parents, or children. However, the co-owners of the property must be necessarily a co-applicant in the loan. Also, a friend is not allowed as a co-applicant even if he/she is a co-owner of the property.

A maximum of 5 co-applicants can apply in a single loan application along with 1 applicant. Therefore, a total of 6 joint holders can apply.

Repayment of the loan would begin from the following month in which you take the disbursement.

The repayment of the loan can be in the form of EMI & Pre-EMI (Up to some period).

In some cases where there is partial disbursement against the complete sanction amount, Pre-EMI will be applicable where Pre-EMI interest would be charged on the actual disbursed amount from the month of the first disbursement and before the commencement of your EMI. Pre-EMI would be charged at the same Rate of Interest at which the EMI is calculated and is payable every month on the actual amount disbursed.

Yes, repayment is allowed at any given point during the loan, but the prepayment can attract prepayment charges as applicable from time to time in some cases.

To make a prepayment, you can contact the nearest branch.

DMI offers a loan amount of up to INR 30,00,000/- depending upon the type of housing loan product you choose- home loan, home extension/renovation loan, plot loan, construction loan, etc. The actual loan amount will be decided basis of the final processing of documents at the time of application submission.

Yes, there is security required in Home Loan. It is the applicant’s responsibility to deposit all the title deeds to DMI Housing Finance. Additionally, personal guarantees can be applicable as security, if deemed fit by DMI Housing Finance Pvt. Ltd.

If you have any questions/queries regarding your loan application, you can:

• Send us an email at Customercare@dmihousingfinance.in.
• Call us at the toll-free no. 18001214214.
• Visit our nearest branch.