Dena Niwas Housing Finance Scheme

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Housing Projects Approved by Zonal Offices

The doorway to your Dream Home

A Loan for different needs

You can avail of Dena Niwas Home Loan to purchase a plot, construct a house, buy a ready built house or buy one under construction. The loan even helps you build an extension to your existing house or purchase a house that is up to 50 years old provided the remaining life of the house is more than 25 years. Besides you can take this loan for repairs and upgradation, which includes the cost of fixtures, POP works, retiling, fittings etc.

It even gives you the option to shift an existing home loan with any other Bank or Financial Institution.

You are eligible if:

  • You are a major individual, resident or non-resident, having a regular source of income.
  • Your age on the maturity of the loan is less than retirement age if you are a salaried employee & below 65 years, if you have a business.
  • The total deductions do not exceed 60% of your gross income, including the loan installment of the proposed loan.

Spouses/Co-applicants income can be clubbed for enhanced eligibility.

Loan Amount

Up to Rs.200 lakhs for the purchase/construction of a house.

Up to Rs.10 lakhs for renovation/upgradation.


1) Loans up to Rs.20 lakhs - 10% of cost of house property (excluding stamp  duty, registration charges, etc.)
2) Loans above Rs.20 lakh & up to Rs. 75 lakhs - 20% of cost of the house property (excluding stamp  duty, registration charges, etc.)
3) Loans above Rs.75 lakhs - 25% of cost of the house property (excluding stamp  duty, registration charges, etc.)

Rate of Interest

Please Check out the Interest Rates Section to find latest Interest Rates applicable.

Interest Charged on Daily Reducing Balance

No Prepayment Charges

Loan Limit of Rs 200 Lacs.

Purchase of House upto 50 years old allowed

Floating Rate Linked to Base Rate


Upto 30 years-for the purchase of a new flat/house/construction/extension.

Upto 10 years- for repairs, renovation and upgradation.


Simple equitable mortgage of the house/flat/apartment on which the loan is availed.

Process Fees:

0.50% of sanctioned limit.

Application Form

For any query, Please contact : Email: