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Dhanlaxmi Bank Ltd., a private sector bank headquartered in Thrissur, Kerala, with 247 branches across 18 states, offers home loans for property purchase, construction, renovation, extension, or balance transfer up to 85% of the property value (max Rs.2.5 crore). As of November 2025, Dhanlaxmi Bank home loan interest rate starts at 9.35% p.a. for salaried applicants with CIBIL 750+ on loans up to Rs.50 lakh, up to 10.15% p.a. for self-employed or higher amounts, with tenures up to 30 years. It supports PMAY-CLSS subsidies up to 6.50% for EWS/LIG/MIG (income <Rs.18 lakh/year), a processing fee of 1% of loan amount + GST (min Rs.1,250), and approvals in 7-15 days for complete documentation with doorstep service.
|
Feature |
Details |
|
Interest Rate |
Starts at 9.35% p.a. (up to 10.15% p.a. based on CIBIL and profile) |
|
Processing Fee |
1% + GST (min Rs.1,250) |
|
Loan Amount |
Up to Rs.2.5 crore (85% of property value; Rs.50 lakh for plot purchase) |
|
Repayment Tenure |
Up to 30 years |
|
Applicant Age |
21-70 years (at maturity) |
|
Approval & Disbursal Time |
7–15 working days (faster for complete docs) |
|
Prepayment Charges |
Nil for floating rate loans (individuals) |
|
Eligibility (Salaried) |
Rs.10,000+ monthly; 1 year job; CIBIL 700+ |
|
Eligibility (Self-Employed) |
2 years business; Rs.1.2 lakh+ annual ITR; CIBIL 700+ |
Dhanlaxmi Bank home loan interest rate is floating, linked to the Marginal Cost of Funds based Lending Rate (MCLR) at 9.75% for 1-year tenor as of November 2025, with spreads adjusted for CIBIL, income, and loan purpose—starting at 9.35% p.a. for salaried with CIBIL 700+ on loans up to Rs.50 lakh, up to 10.15% p.a. for self-employed or higher amounts. PMAY-CLSS subsidy (6.50% on Rs.6 lakh for EWS/LIG) reduces effective rate to ~2.85%; women get 0.05% concession. Daily reducing balance applies; fixed rate +0.25%.
|
Borrower Category |
Interest Rate |
Max Rate |
Key Influencing Factors |
|
Salaried (CIBIL ≥700) |
9.35% |
9.75% |
Stable job, ≤Rs.50 lakh loan, PMAY eligibility |
|
Self-Employed Professionals |
9.65% |
10.15% |
ITR consistency, 2+ years business |
|
Balance Transfer/Top-Up |
9.50% |
9.90% |
Existing repayment history, add-on ≤20% |
|
PMAY EWS/LIG/MIG |
9.35% (effective ~2.85%) |
9.65% |
Income <Rs.18 lakh, property ≤Rs.45 lakh |
|
Bank |
Starting Rate (p.a.) |
Processing Fee |
Max Tenure |
|
Dhanlaxmi Bank |
9.35% |
1% (min Rs.1,250) |
30 years |
|
State Bank of India (SBI) |
7.50% |
Up to 0.35% |
30 years |
|
HDFC Bank |
8.15% |
0.5%–1% |
30 years |
|
ICICI Bank |
8.75% |
0.5%–1% |
30 years |
For a Rs.50 lakh loan over 20 years at 9.35% p.a., EMI is Rs.42,000—Rs.4,500 higher than SBI's 7.50%, but PMAY subsidy saves Rs.2.67 lakh for LIG, and surrogate income program for self-employed aids informal earners.
Dhanlaxmi Bank home loan calculator at dhanbank.com/emi-calculator: Input amount, rate (9.35%-10.15%), tenure for EMI, amortization, and PMAY subsidies.
Loan Amount: Rs.50 lakh
Interest Rate: 9.35% p.a.
Tenure: 20 years
|
Monthly EMI |
Total Interest Payable |
Total Amount Payable |
|
Rs.42,000 |
Rs.50.56 lakh |
Rs.1.00 crore |
Reduce to 15 years: EMI Rs.46,200, saves Rs.11 lakh interest; PMAY adds Rs.2.67 lakh subsidy for MIG.
|
Charge Type |
Amount |
|
Processing Fee |
1% + GST (min Rs.1,250) |
|
Legal & Valuation Fee |
Rs.3,000–Rs.5,000 (actuals) |
|
CERSAI Registration |
Rs.500 |
|
Stamp Duty (MODT) |
0.1%–0.3% (state-specific) |
|
Prepayment (Floating Rate) |
Nil |
GST at 18%. Total <1.5%; PMAY waives 50% processing; no commitment fees.
● Age: 21-70 years
● Rs.10,000+ monthly net income
● 1 year in current job
● CIBIL: 700+ (750+ for lowest rates)
● Age: 23-70 years
● 2 years business
● Rs.1.2 lakh+ annual ITR
● CIBIL: 700+; surrogate income program for informal
85% LTV max; co-applicants (spouse/family) boost limits; NRIs eligible with embassy-attested slips.
|
Service |
Contact Details |
|
Helpline (9AM-6PM) |
0487-6613000 / 0487-6617000 |
|
Email for Queries |
customercare@dhanbank.co.in |
|
Grievance Redressal |
customer.complaint@dhanbank.co.in |
|
Branch Hours |
10 AM–4 PM (Mon-Fri) |
Visit dhanbank.com/track-application with application no./mobile OTP—view stages: Submitted, Verified, Sanctioned, Disbursed. Email customercare@dhanbank.co.in for updates (48-hour response); visit branch with ID.
Salaried applicants need a minimum Rs.10,000 monthly net income, while self-employed require Rs.1.2 lakh+ annual ITR with 2 years business stability. The bank assesses based on 60x take-home pay or 30% EMI-to-income ratio for affordability up to Rs.2.5 crore; PMAY-eligible EWS/LIG (<Rs.18 lakh/year) get priority, with co-applicants increasing limits by 20-30%.
Yes, NRIs qualify with 2+ years overseas employment, valid visa, and NRE proofs, at rates starting 9.65% p.a. with 80% LTV via power of attorney. Submit attested salary slips and overseas address; contact customer care for NRI desks, with disbursal in 10-15 days.
Yes, PMAY-CLSS offers 6.50% interest subsidy up to Rs.2.67 lakh on loans ≤Rs.12 lakh for EWS/LIG/MIG (income <Rs.18 lakh/year, property ≤Rs.45 lakh). Eligibility requires Aadhaar-seeding; the bank handles processing, reducing effective rate to ~2.85% and saving Rs.1-2 lakh annually on EMIs.
Balance transfer at 9.50%-9.90% (0.25%-1% lower than originators) requires 12-month statements and NOC, with 1% processing fee (min Rs.1,250). It includes top-up up to 20% original for renovations; processing takes 7-10 days, saving Rs.2,500+ monthly on Rs.50 lakh loans.
With home prices rising 9% in 2025 (NHB data), Dhanlaxmi Bank home loan interest rate calculator processing fee requirements application process customer care status offers 9.35% rates, PMAY subsidies, and 7-15 day approvals—financing diverse needs across 247 branches. Ideal for Rs.50 lakh-Rs.2.5 crore aspirations. Apply at dhanbank.com or email customercare@dhanbank.co.in.
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