Dewan Housing Finance Corporation (DHFL) has lowered its home loan rate by 0.25 percent to 9.90%. The rate has been revised downward from 10.15% and the new rate would be effective from April 15, 2015.
Dewan Housing Finance Corporation is among the oldest private sector Housing Finance Companies (HFC) in India. The company has registered a rise of 15.36% in its net profit after tax at Rs 159.65 crore for third quarter ended December 31, 2014 as compared to Rs 138.39 crore for the same quarter in the previous year.