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Dena Bank Housing Loan Rates

Dena Bank Housing Loan rates are really attractive and all the loan products offered by the personal banking division of Dena Bank are tailored to satisfy a wide variety of needs of the borrowers. Low and affordable interest rates have played a key role behind the increased popularity of Dena Bank Housing loans.

About Dena Bank Housing Loan Rates

Dena Bank Housing loan rates are one of the most competitive rates that are offered by the public and private sector commercial banks in India. Interest rates on home loan products offered by Dena Bank are calculated on the basis of daily reducing balance. There are no prepayment penalties. You can avail a maximum loan amount of up to Rs.100 lakhs. With a Dena Niwas Housing Finance Scheme, you can purchase a house with a maximum age of 50 years.

The floating rate of interest applicable for Dena Bank housing loans is tied to the BPLR (Benchmark Prime Lending Rate) and not to any reference/index rate.

The tables given below will give you a good idea about Dena Bank housing loan rates:

1) Housing Loan – Interest Rate under Floating Category

 Loan Amount Upto 5 years Over 5 yrs & upto 10 yrs. Over 10 years
Upto Rs.15.00 lakhs 8.50% 9.00% 9.25%
More than Rs.15 lakhs 9.00% 9.50% 9.75%


For term loans repayable throughout a period of over 3 years, term premium (TP) of 0.50% (currently) will be summed up and interest rates have been demonstrated in view of that.

2) Housing Loans - Interest Rate under Fixed Category

Loan Amount Upto 5 years Over 5 yrs & upto 10 yrs. Over 10 years
Up to Rs.15.00 lakhs 9.75% up to 3 yrs. Interest to be readjusted after every 3 yrs. 10.25% up to 3 yrs. Interest to be readjusted after every 3 yrs. 10.25% up to 3 yrs. Interest to be readjusted after every 3 yrs.
Over Rs.15 lakhs & up to Rs.20.00 lakhs 10.25% up to 3 yrs. Interest to be readjusted after every 3 yrs. 10.75% up to 3 yrs. Interest to be readjusted after every 3 yrs. 10.75% up to 3 yrs. Interest to be adjusted after every 3 yrs.
For loan amount over Rs.20.00 lakhs 10.50% up to 3 yrs. Interest to be readjusted after every 3 yrs. 11.00% up to 3 yrs. Interest to be readjusted after every 3 yrs. 11.00% up to 3 yrs. Interest to be readjusted after every 3 yrs.




Processing Fees for Dena Bank Housing Loans

Given below are the processing fees applicable for Dena Bank Housing loans:

  • In case of a loan amount of up to Rs. 50 lakhs, processing fee will be 0.25% of approved loan amount or Rs. 12,500, whichever is less.
  • For loan amounts over Rs. 50 lakhs to Rs. 1 crore, processing fee will be 0.20% of approved loan amount or Rs. 20,000 whichever is less.
  • For loan amounts over Rs. 1 crore to Rs. 5 crores, processing charge will be 0.15% of approved loan amount or Rs. 75,000/- whichever is less
  • For loan amounts more than Rs. 5 crores, processing fee will be 0.10% of the approved loan amount or Rs.100,000, whichever is less.




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