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, which is up to 50 years old, provided the remaining life of the house is more than 25 years. You are eligible for Dena Niwas Housing Finance Scheme if you are:

  • Individual, resident or non-resident, having a regular source of income.
  • The age of the maturity of the loan is less than retirement age in case of a salaried employee & below 65 years, in case of a business.
  • The total deductions do not exceed 60% of your gross income, including the loan instalment of the proposed loan.

Apply for Home Loan

Features of Dena Bank Home Loan

  • Interest charged on daily reducing balance
  • No prepayment charges
  • Purchase of house up to 50 years old allowed
  • Repayment of the loan amount can be done up to 20 years for the purchase of a new flat/house/construction/extension and up to 10 years- for repairs, renovation and upgradation
  • Simple, equitable mortgage of the house/flat/apartment on which the Home Loan is availed

Dena Bank Home Loan: Loan Amount

  • Home Loan for purchase/construction of a house

    • Minimum: Rs.1Lakh
    • Maximum: Rs.200Lakhs


  • For renovation/upgradation

    • Minimum: Rs.1Lakh
    • Maximum: Rs. 10Lakh


Dena Bank Home Loan Interest Rate

  • Base Rate – 09.45% w.e.f  02.02.2011
  • BPLR – 14.50%
  • Interest rate charged on daily reducing balance
  • Floating rate linked to BPLR

(* above rates are subject to change without notice.*)


Dena Bank Home Loan: Processing Fees


  • Up to Rs. 50Lakh: 0.25% of sanctioned amount or Rs. 12,500/- whichever is less

  • Rs.50Lakh to Rs.1 crore: 20% of sanctioned amount or Rs. 20,000/- whichever is less 
  • Rs. one crore to Rs. Five crores: 0.10% of the sanctioned amount or Rs.100,000/-, whichever is less


Dena Bank Home Loan: Documents required

  • Identity Proof
  • Residence Proof
  • Income Proof
  • Telephone
  • Photograph
  • Bank statement
  • Signature Proof

Apply for Dena Bank Home Loan

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