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NSE
212.35
Change Change %
-23.55 -9.98%

Updated:19 Oct, 2018, 15:24 PM IST

BSE
211.50
Change Change %
-24.80 -10.50%

Updated:19 Oct, 2018, 15:10 PM IST

Dewan Housing Finance Corpn, founded by Rajesh Kumar Wadhawan on 11th of April 1984 with its registered office in Mumbai, provides access to housing finance to lower and middle income Indians. It is the second housing finance company set up in India.

Initially DHFL disbursed funds from its own equity contribution and had a return on equity of less than 8% at a time when the interest rates were about 18%. Over two decades later, DHFL is still profitably doing what its founder intended it to do. It has so far disbursed loans amounting to over 53 billion, its non performing assets are the lowest in the Industry.

Today, DHFL has an asset base of over Rs 3,580 crores, with a strong presence across India through its 72 branches and 116 service locations. DHFL caters to a large section of Indians working in the Middle East through its over seas branch in Dubai.

In June 2010, DHFL and its subsidiary DHFL Vysya Housing Finance have promoted a housing finance Company under the name and style 'Aadhar Housing Finance? (AHFL). AHFL, in the initial period propose to target market in retail housing loans in the low income segment of the Indian population in certain states.

In December 2010, Dewan Housing Finance Corporation acquired Deutsche Postbank Home Finance for Rs 1079 Crore.

Products:

  • Home Loans
  • Home Extension Loan
  • Home Improvement Loan
  • Home Loans for NRI's
  • Plot Loans
  • Mortgage Loan
  • Non Residential Property
  • Home Loan Linked – Insurance Plan
  • Reverse Mortgage
  • Fixed Deposit

Subsidiary:

  • DHFL Vysya Housing Finance (DVHFL) ? A housing finance company registered with NHB and has operations in the states of Karnataka, Andhra Pradesh, Tamil Nadu and Maharashtra
  • DHFL Property Services is a 100% subsidiary of the housing finance company.

Achievements/ Recognition:

1991 – Udyog Gaurav Award                                                                                                            

1992 – Housing company of the Year                                                                                                

1995 – Udyog excellence Awards                                                                                                      

2002 – Rashra Nirman Ratna Awards, Young Achiever Awards (Accommodation Times) and Housing Company of the Year                                                                                               

2004 – Corporate Social responsibility Award and Best Customer Service HFI's Property (5th Housing And Real Estate Exhibition) Project Crayon                                                              

2007 – Award of Appreciation (Maharashtra Chamber Of Housing Industry), SRS Real Estate & Infrastructure Award for National Excellence, Excellence in Design among HFI's at Property Expo April'07 and October ?07 by Maharashtra Chamber of Housing Industry.

2008 – Silver CIO Award'08 by – CIOL Dataquest Enterprise Connect Awards                            
2010
–DHFL?s HR team win Global Greentech Award for Technology Excellence in HR
–India?s Top 100 Best Companies to work for ? Great Place To Work Institute, India in Association with Economic Times

2010–2011
–DHFL Wins ?Realty Plus Newsmaker of the Year–2011
–2nd Asia?s Best Employer Brand Award for Excellence in HR through Technology
–DHFL is now Power Brand amongst the top 200 brands in India by M/S Planman Marcom

2011–2012
–DHFL wins Greentech HR Excellence Award ? 2012 for Best Strategy (Gold Award)
–DHFL among India?s 50 Biggest Financial Companies in India

2012–2013
–The Greatest Corporate Leaders of India ? Leadership Awards in Financial Services
–DHFL is among most trusted Financial Brands in India ? Brand Trust Report
–DHFL?s Marketing Head Wins ? Super Achievers Award, at 11th Indira Super Achievers Awards for Professional Excellence
–DHFL?s Group Head, Human Resources wins HR Warrior Awards ? Making a Difference 2012
–DHFL wins Marketer of Year ? Realty Plus Excellence Awards of the Year ? 2012

2013–2014
–DHFL honoured with the Excellence in Innovative Marketing Award at MCHI ? MMR & BKC Expo
–DHFL?s CEO was presented with the Udyog Rattan Award
–DHFL conferred the BEST EMPLOYER BRAND AWARD at IPE BFSI Awards

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