Home Loans now from 8.35%* p.a. * Terms and conditions apply
Limited period offer

Please fill in your details for an instant call back from our executive.

All fields are mandatory *

  • I authorise DHFL and its representative to call me or SMS me with reference to this enquiry.
  •    Reset
Home > Home Loans for Self Employed

Home Loans for Self Employed

In India, only 7% of our labour force is in the organized sector and the rest is in the unorganized sector. Most of the Indian labour force is self-employed, with a majority running small shops, cottage industries etc.

To overcome this, DHFL has come up with home loans exclusively tailored for the needs of self-employed people by assessment processes, whereby income is assessed through an independent source rather than through the income tax authorities.

Features and Benefits of DHFL Home Loans for Self Employed

  1. Tenure & Term: Maximum loan tenure up to 30 years. The term, however does not extend beyond the retirement age or 60 years whichever is earlier (65 years for self-employed individuals)
  2. Purpose: Home loans for self-employed professionals and non-professionals such as Retailers, Small scale business men, Doctors, Architects, Chartered Accountants etc.
  3. Reduce your EMI : With tenure of 30 years, you can reduce the EMI amount on your Home Loan, so that your outgoings every month do not come in the way of your lifestyle and living standards
  4. Interest Rates: The Interest rate applicable is based on the DHFL’s Retail Prime Lending Rate (RPLR) which fluctuates from time to time based on the money market conditions
  5. Processing Fees (Non-Refundable) : This is charged as the fee towards processing your loan application

    Salaried individuals (SAL) / Self-Employed Professionals (SEP)

    Self-Employed Non Professionals (SENP)

    `5000* to `20,000*


    *GST as applicable

  6. Easy Repayments: You have 2 options for repayment of the loan based on the EMIs payable on your Home Loan:
    a. Through ECS (Electronic Clearing Service) based on standing instructions to your bank.
    b. Post Dated Cheques(PDCs) drawn on your Savings/Salary account.
  7. Home Loan Tax Benefits: Resident Indians are eligible for certain tax benefits on principal and interest components of a home loan. As per Income Tax Act 1961 rules, the current applicable exemption under section 24(b) is `2,00,000/- for the interest amount paid in the financial year and up to `1,50,000/- (under section 80 C) for the principal amount repaid in the same year.
  8. Applicant and Co-Applicant: Home Loans can be applied for individually. The loan amount can be further enhanced by including an earning co-applicant.
  9. Easy Documentation: To enable us to speedily process your home loan application, we will require the following:
    1. Property related documents
    2. KYC (Know Your Customer) documents
    3. Proof of Income documents and bank statements as per log-in checklist

Eligibility of Home Loans for Self Employed

You can avail a home loan of up to `100,00,000 (minimum loan amount `1 lac) but not exceeding 60% of the cost of property (including stamp duty and registration fees) or 60% of market value, whichever is lower. The actual loan amount is determined taking into various account factors such as:

  • Repayment capacity
  • Age
  • Educational qualifications
  • Stability and continuity of income
  • Number of dependents
  • Co-applicant’s income
  • Assets
  • Liabilities
  • Saving habits, and more

Documentation Required For Home Loans for Self Employed

Click here for the list of documents required.

Home Loans for Self Employed Services & Charges

Click here to view the Services and Charges


Click here to view the FAQs.

Download Forms

Click here to view download forms



All fields are mandatory

Please enter below numbers*:


I authorise DHFL and its representative to call me or SMS me with reference to this enquiry.