Dena bank provides home loans among other facilities to its customers. It provides home loan to both salaried and self-employed people with good income and good credit history and a maximum age of 65 years. The maximum amount that can be borrowed as home loan is 2 crores. It provides a loan upto 80% of the total value of the property you want to buy with the loan amount.
It provides home loan to purchase of house, residential plot & construction on the existing plot. The loan is provided for a repayment tenure of upto 20 years. A processing fees of 0.5% of the total loan amount sanctioned is charged by the bank. No prepayment charges are levied by the bank. Interest rate on the loan are floating type and is 11.15% upto a loan amount of Rs. 25 lakhs and above this amount interest rate will be 11.75% to 12.25%.