process of availing home loan - a customer education initiative from dhfl
TRANSCRIPT
![Page 2: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/2.jpg)
Process of availing Home Loan – A Customer Education Initiative from DHFL
DHFL Home Loans – www.dhfl.com
![Page 3: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/3.jpg)
I can’t tell you Vinodji how relieved I am feeling now. Thank you so much for telling me about Home Loans. Now I feel my dream home is not too far
DHFL Home Loans – www.dhfl.com
![Page 4: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/4.jpg)
You got it! Home Loan could very well be the first step to make your dream of owning a home a reality.
DHFL Home Loans – www.dhfl.com
![Page 5: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/5.jpg)
Quite true. Please tell me more about the Home Loan application process. Is it really complicated?
DHFL Home Loans – www.dhfl.com
![Page 6: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/6.jpg)
It is not complicated. It just has a few stages.
DHFL Home Loans – www.dhfl.com
![Page 7: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/7.jpg)
So how do we start?
DHFL Home Loans – www.dhfl.com
![Page 8: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/8.jpg)
Simply contact the desired Bank or Housing Finance Company. Their representative will visit you and help you with the process. Basically, the lender wants to know if you have
identified the property you want to buy and how much money you would need.
DHFL Home Loans – www.dhfl.com
![Page 9: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/9.jpg)
Okay. What if someone hasn't identified the property yet? Can they not get a loan?
DHFL Home Loans – www.dhfl.com
![Page 10: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/10.jpg)
Yes. They too can. Sometimes applicants finalize on the property depending upon the loan amount that is sanctioned.
DHFL Home Loans – www.dhfl.com
![Page 11: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/11.jpg)
That is really helpful. What next?
DHFL Home Loans – www.dhfl.com
![Page 12: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/12.jpg)
Like we do not lend our money to a stranger, banks or housing finance companies also want to know their customers better before giving them a loan.
DHFL Home Loans – www.dhfl.com
![Page 13: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/13.jpg)
Okay. And how do they do that?
DHFL Home Loans – www.dhfl.com
![Page 14: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/14.jpg)
There is a documentation process where you need to submit your Id proof, residence proof and income or bank statements.
DHFL Home Loans – www.dhfl.com
![Page 15: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/15.jpg)
How do income or bank statements help?
DHFL Home Loans – www.dhfl.com
![Page 16: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/16.jpg)
These statements give the Bank or Housing Finance Company an idea whether you will be able to repay the loan or not
DHFL Home Loans – www.dhfl.com
![Page 17: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/17.jpg)
How much loan can be given to you.
DHFL Home Loans – www.dhfl.com
![Page 18: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/18.jpg)
Got it! Are there any more documents they ask for?
DHFL Home Loans – www.dhfl.com
![Page 19: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/19.jpg)
Yes. If you have already identified the home you are buying, they may also ask you to share details of the builder and property related documents.
DHFL Home Loans – www.dhfl.com
![Page 20: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/20.jpg)
Alright. Does the bank or housing finance company also verify the documents that we submit?
DHFL Home Loans – www.dhfl.com
![Page 21: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/21.jpg)
Of course! They visit your place of work or residence to confirm your identity as well as the validity of the documents submitted.
DHFL Home Loans – www.dhfl.com
![Page 22: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/22.jpg)
Great. That should not be a problem I think. I have all the documents.
DHFL Home Loans – www.dhfl.com
![Page 23: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/23.jpg)
Once everything falls into place, the bank or housing finance company gives you a sanction letter.
DHFL Home Loans – www.dhfl.com
![Page 24: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/24.jpg)
It is like an offer letter mentioning the home loan amount that has been sanctioned, interest rate applicable, the tenure of home loan, EMI details and mode for repayment,
processing fee and any other terms and conditions applicable.
DHFL Home Loans – www.dhfl.com
![Page 25: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/25.jpg)
Great. So there is complete transparency, right?
DHFL Home Loans – www.dhfl.com
![Page 26: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/26.jpg)
Absolutely. It’s a fair deal! Now you are almost done. Once you accept the terms in the sanction letter, you are good to go.
DHFL Home Loans – www.dhfl.com
![Page 27: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/27.jpg)
Great. And how do I get the loan amount?
DHFL Home Loans – www.dhfl.com
![Page 28: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/28.jpg)
Once all the verification process is completed, Loan documents like a Home Loan agreement and security documents will be signed. The Home Loan will be disbursed in
part or full as per your requirement, through a cheque in the name of the seller. DHFL Home Loans – www.dhfl.com
![Page 29: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/29.jpg)
You just have to visit the bank or the housing finance company to pick it up.
DHFL Home Loans – www.dhfl.com
![Page 30: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/30.jpg)
Is that all?
DHFL Home Loans – www.dhfl.com
![Page 31: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/31.jpg)
Yes.
DHFL Home Loans – www.dhfl.com
![Page 32: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/32.jpg)
That was quite smooth!
DHFL Home Loans – www.dhfl.com
![Page 33: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/33.jpg)
I am definitely going to consider a Home Loan and suggest my friends too to go for it. What do you say?
DHFL Home Loans – www.dhfl.com
![Page 34: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/34.jpg)
I completely agree. That’s what I just did here!
DHFL Home Loans – www.dhfl.com
![Page 35: Process of availing Home Loan - A Customer Education Initiative from DHFL](https://reader031.vdocuments.net/reader031/viewer/2022030305/58754f5a1a28abb8208b8145/html5/thumbnails/35.jpg)
True. Thank You for all your help.
DHFL Home Loans – www.dhfl.com