Dcb Bank Limited Home Loan Interest Rate at 9.75% to 14.75%

ParticularsDetails
Interest Rate9.75% to 14.75%
Processing FeeUpto 2% of the loan amount, subject to a minimum of Rs.5,000
Loan AmountCustomised
Loan TenureUp to 20 Years
Margin20% of the loan amount
Pre-closure ChargesNil for floating & upto 4% for others
Partial prepayment chargesNil for floating & upto 4% for others
SecurityEquitable | Registered Mortgage of the Property in question

Calculate Dcb Bank Home Loan EMI Calculate EMI Now

About DCB Bank Home Loan

ParticularsDescriptionTypePrivate Sector BankIndustryBanking & Financial ServicesFounded in1930HeadquarterMumbai, Maharashtra, IndiaWebsitehttps://www.dcbbank.com/ProductsRetail Banking, Corporate Banking, Finance, Credit Cards, Insurance, Asset Management, Wealth Management, Loans & Private Equity

DCB Bank is a private sector scheduled commercial bank in India. It has a brand image with rich 24 years of performance having millions of satisfied customers. DCB Bank has a vast network of 310 branches in 515 ATMs across in 19 States and 3 Union Territories in India to cater to your loan requirements. It offers a wide range of Home Loan Schemes to different classes of customers to fulfil their dream of owning a home.

DCB Bank provides home loan for different needs and purposes such as for purchase, construction, and extension of dwelling unit, repairs/ renovation of home, for purchase of house which is under construction, for purchase of plot, etc. DCB Bank offers customised Home Loan solutions, best-in-class services and simplified loan process. It offers competitive, attractive and affordable home loan interest rates.


Why DCB Bank Home Loan?

  1. DCB Bank provides a range of Home Loan Schemes designed for different needs of customers
  2. Home loan interest is calculated on a daily reducing basis
  3. It has PAN India branch network provides easy access to the customers
  4. Pre Approved loan offers and preferential home loan interest rate for existing home loan borrowers
  5. It provides Flexible Repayment Options to the borrowers
  6. Quick & Hassle-free processing
  7. Easy and fast approval & disbursal of home loans
  8. Free & safe document Storage
  9. Special lower interest rate offer for women
  10. It provides rebate in Income Tax
  11. Has dedicated team of well-experienced employees
  12. Transparent process with no hidden charges
  13. Offers loan upto 90% of property value
  14. 24/7 helpline of DCB Bank offers timely assistance to the customers
  15. DCB Bank provides confidentiality to the customers.

Purpose of DCB Bank Home Loan

  • Purchase a Plot for construction of a House
  • Purchase | construct house | flat
  • Home Extension
  • for renovation | repair | alteration | addition to house | flat
  • Take over from other Banks/ HFCs/ NBFCs/ FIs, etc.

Margin or Loan to Value Ratio (LTV) Ratio: For New Home Loan

Loan AmountMarginLTV Ratio
All Amounts20%80%

Eligibility Criteria of DCB Bank Home Loan

BasisSalaried CustomersNon Salaried CustomersAgeMinimum 23 years and not more than 65 yearsMinimum 25 years and not more than 65 yearsIncomeMonthly income must be atleast Rs.25,000Annual income must be atleast Rs 3 lakhsJob/ Business Experience2 Years2 YearsAge of Co-applicantMinimum 18 yearsMinimum 18 years

Documents Required for DCB Bank Home Loan

SalariedSelf-employedApplication form with self-attested photographApplication form with self-attested photographAge proof (PAN card / Passport / Mark sheet with date of birth / Birth certificate)Age Proof (PAN card / Passport / Mark sheet with date of birth / Birth certificate)Proof of residence (Passport / Driving Licence / Aadhar card / Voter's ID card)Proof of residence (Passport / Driving Licence / Aadhar card / Voter's ID card)Proof of identity (Voter's ID card / Passport / Employer's card / Aadhar card)Proof of identity (Voter's ID card / Passport / Employer's card / Aadhar card)3 month's salary slipProof of business existence and years in businessForm 162 years of income tax returns along with financial statements6 month's bank statementBank statements - individual and business of the last 6 monthsCopy of title documentsCopy of title documentsProcessing fee chequeProcessing fee cheque

Fees & Charges on DCB Bank Home Loan

CategoryFee & ChargesLoan Processing FeeUpto 2% of the loan amount, subject to a minimum of Rs.5,000Annual Maintenance Charges (PayLess Home Operative Account)Where average utilization of the outstanding loan amount is 70% during the year from the date of full disbursement of the Loan an annual maintenance charge of upto 1% will be charged on principal outstanding amount at the end of year. This will be an annual charge which will be debited from your PayLess Home Operative Account during the following quarter.Full Prepayment (Foreclosure) Charges
  • Full Prepayment (Foreclosure) of the loan is not permitted in the first 12 months from the date of full disbursement
  • No prepayment charges for loan on floating rate of interest after completion of 12 months from the date of full disbursement
  • 2% to 4% on outstanding loan amount plus applicable service tax for loans availed under part fixed + part variable rate of interest, on completion of 12 months from the date of full disbursement
"Part Prepayment Charges
  • No part prepayment allowed in the first 6 months from the date of full disbursement.
  • No part payment charges for loan on floating rate of interest after completion of 6 months from the date of full disbursement
  • For loans availed with part fixed + part variable rate of interest, on completion of 6 months from the date of full disbursement no charges will be levied for part prepayment upto a maximum of 25% of the outstanding loan amount at any time in a financial year
  • 2% to 4% on outstanding loan amount plus applicable service tax for loans availed under part fixed + part variable rate of interest, on completion of 6 months from the date of full disbursement, if payment exceeding 25% of the outstanding loan amount
  • Part prepayments made during the month, if any will be adjusted towards principal only on the next cycle due date of EMI
  • No part prepayment and reduction of EMI is permitted in PayLess Home Loan facility
"Re-Pricing Charges (Home Loan including PayLess Loans)Upto 1% of outstanding loan amount (Minimum Fee/Charges of Rs.5,000)Penal Interest3% per monthCheque/ECS Swap ChargeRs. 500 per eventProperty Document Retrieval ChargeRs. 500 per eventCheque Bounce ChargeRs. 500 per eventAmortization ScheduleRs. 100 per scheduleStatement of AccountRs. 100 per statementForeclosure StatementRs. 100 per statementDuplicate 'No Objection Certificate'/ 'No Dues Certificate'Rs. 100Revalidation of 'No Objection Certificate'Rs. 100 per NOCProvisional Income Tax CertificateNILFinal Income Tax CertificateNILInterest CertificateNILChange of AddressNILLoan Agreement CopyRs. 500 per event'No Objection Certificate'/'No Dues Certificate'NIL

DCB Bank Marginal Cost of Funds Based Lending Rate (MCLR) with effect from 06.02.2024

TenorMCLR (In %)Overnight10.241 Month10.273 Months10.426 Months10.571 Year10.59

Loan Amount of DCB Bank Home Loan

Loan offered to the borrower is completely customised as per the requirement and the eligibility criteria of the customer. The value of loan depends upon applicant's income, repaying capacity, age, assets and liabilities, credit score, tenure of the loan, cost of the proposed property, previous credit history.


Margin of DCB Bank Home Loan

Margin for DCB Bank Home loan ranges from 10% to 25% of the loan amount. It depends upon the scheme and loan amount availed by the borrower.


Repayment of DCB Bank Home Loan

The repayment of DCB Bank Home Loan can be done in Maximum 30 years or upto 70 years of the age of borrower, whichever is earlier.


Security of DCB Bank Home Loan

Being it a secured loan, the borrower is required to do Equitable | Registered Mortgage of the Property in question in favour of the bank. However, the bank may ask for other security also based on the case.


DCB Bank Home Loan Schemes

Sr NoSchemeBrief Description1DCB Bank Home LoanRegular and most demanding scheme2DCB Bank Pradhan Mantri Awas Yojana (PMAY)Subsidised home loan for eligible beneficiaries3DCB Bank Balance Transfer of Home LoanTransfer home loan from other institution to DCB Bank4DCB Bank Home Improvement LoanHome Loan sanctioned specifically for home improvement purpose5DCB Bank Top-Up Home LoanBorrow amount over and above home loan amount

(1) DCB Bank Home Loan: This is a regular and most demanding home loan scheme that offers Housing Loan at attractive rates and ensure a house for all.

Important Features:

  1. Purpose: To purchase a Plot for construction of a House, to purchase/ construct house/ flat, as well as for renovation/ repair/ alteration/ addition to house/ flat, etc.
  2. Eligibility: Salaried and self employed having regular income in the age group of 21 years to 60/65 years
  3. Processing Fee: Upto 2% of the loan amount, subject to a minimum of Rs.5,000
  4. Loan Amount: Customised
  5. Margin:20%
  6. Maximum Tenure: 5 years to 20 years
  7. Security: Equitable| registered mortgage of the property. If mortgage is not feasible, bank at its discretion can accept security in the form of Insurance Policies, Govt Promissory Notes, Shares and Debentures, Gold Ornaments etc.
  8. Interest Rates: 9.75% to 14.75%

(2) DCB Bank Pradhan Mantri Awas Yojana (PMAY)- EWS/ LIG & MIG-I/ MIG-II: This scheme offers Housing Loan to Individuals from Economically Weaker Section (EWS), Low Income Group (LIG) and Middle Income Group (MIG) I and II category at attractive rates.

Important Features:

  1. Purpose: DCB Bank Home Loan is available for purchase of Residential Property only.
  2. Processing Fee: Upto 2% of the loan amount, subject to a minimum of Rs.5,000
  3. Loan Amount: Customised
  4. Eligibility: Individuals from Economically Weaker Section (EWS) & Low Income Group (LIG) category. Joint owners from the same family are also eligible. Beneficiary family should not own an all weather dwelling unit either in his/ her name or in the name of any member of his/ her family in any part of India. NRIs are also eligible in this.
    • EWS households - households having an annual income up to Rs.3,00,000 and house size with carpet area upto 30 square meter.
    • LIG households - households having an annual income above Rs.3,00,000 and up to Rs.6,00,000 and house size with carpet area upto 60 square meter.
    • MIG I households - households having an annual income above Rs. 6,00,000 and up to Rs.12,00,000 and house size with carpet area upto 120 square meter.
    • MIG II households - households having an annual income above Rs. 12,00,000 and up to Rs. 18,00,000 and house size with carpet area upto 150 square meter.
  5. Subsidy
    • EWS/ LIG Borrowers will get Credit Linked Subsidy at 6.50% for upto Rs. 6 lakhs for max. 20 years. Maximum subsidy amount will be Rs 2,67,280 only.
    • MIG-I Borrowers will get Credit Linked Subsidy at 4% upto 9 lakhs for max. 20 years. Maximum subsidy amount will be Rs 2,35,068 only.
    • MIG-II Borrowers will get Credit Linked Subsidy at 3% upto Rs 12 lakhs for max. 20 years. Maximum subsidy amount will be Rs 2,30,156 only.
  6. Table for detailed subsidy scheme
    ParticularsEWSLIGMIG-IMIG-II
    Interest Subsidy (% p.a.)6.5%6.5%4%3%
    Maximum loan tenure (in years)20202020
    Eligible Housing Loan Amount for Interest Subsidy (Rs.)6 lakhs6 lakhs9 lakhs12 lakhs
    Max. Dwelling Unit Carpet Area30 Sq. m.60 Sq. m.120 Sq. m.150 Sq. m.
    Maximum Subsidy Amount(Rs.)2,67,2802,67,2802,35,0682,30,156
  7. Margin:20%
  8. Maximum Tenure: Max. 20 years
  9. Security: Equitable| registered mortgage of the property. If mortgage is not feasible, bank at its discretion can accept security in the form of Insurance Policies, Govt Promissory Notes, Shares and Debentures, Gold Ornaments etc.
  10. Interest Rates: 9.75% to 14.75%

How to apply home loan from DCB Bank under Pradhan Mantri Awas Yojana (PMAY)?

First of all, you apply for home loan from DCB Bank and along with your loan application, you need to fill the Pradhan Mantri Awas Yojana (PMAY) Form and submit it with your loan application form with the bank. Bank will take care of its processing. Bank will check your eligibility and if you are eligible in the category you have applied for like EWS/ LIG/ MIG-I/ MIG-II, then accordingly the interest subsidy would be credited in your bank account.


(3) DCB Bank Balance Transfer of Home Loan : This scheme enables a customer to transfer home loan from any other institution to DCB Bank.

You can pay off any existing balance of home loan with DCB Bank Home Loan Balance Transfer at a lower rate of interest. Retain your home on terms and conditions that suits your needs.

You can also top-up the existing loan to get ready cash for any of your needs.

Avail DCB Bank Home Loan Transfer, if:

  • You are trying to reduce your interest rate and lower your payments
  • Willing to reduce your home loan term to pay off your loan faster
  • You want to use the equity in your house to get money for any of your needs

Important Features:

  1. Customer should satisfy the eligibility criteria for availing Home Loan as per DCB Bank 's instruction
  2. Customer has serviced interest and/or instalment of the existing loan regularly, as per the original terms of sanction
  3. Customer should have valid documents evidencing the title to the house/ flat
  4. Security: Equitable| registered mortgage of the property. If mortgage is not feasible, bank at its discretion can accept security in the form of Insurance Policies, Govt Promissory Notes, Shares and Debentures, Gold Ornaments etc.
  5. Interest Rates: 9.75% to 14.75%

(4) DCB Bank Home Improvement Loan (HIL): HIL facilitates internal and external repairs and other structural improvements like Painting, Waterproofing and Roofing, Plumbing and Electrical Works, Tiling and Flooring, Grills, Aluminium Windows, Compound Walls and much more.

Important Features:

  1. Purpose: To make internal and external repairs and other structural improvements
  2. Eligibility: Resident Indians, Non-Resident Indians (NRIs), Persons of Indian origin (PIOs), Overseas Citizens of India (OCI) - Individuals, corporate.
  3. Processing Fee: Upto 2% of the loan amount, subject to a minimum of Rs.5,000
  4. Loan Amount: Customised
  5. Margin:20%
  6. Security: Equitable| registered mortgage of the property. If mortgage is not feasible, bank at its discretion can accept security in the form of Insurance Policies, Govt Promissory Notes, Shares and Debentures, Gold Ornaments etc.
  7. Interest Rates: 9.75% to 14.75%

(5) DCB Bank Top-Up Home Loan: HDFC Bank offers customers to borrow certain amount over and above their home loan amount.

Important Features:

  1. Eligibility Criteria: Customer should already have a HDFC Bank Home Loan Account
  2. Processing Fee: Upto 2% of the loan amount, subject to a minimum of Rs.5,000
  3. Loan Amount: Customised
  4. It can be availed for any personal purpose
  5. The interest rates are much lower than usual personal loan interest rates.
  6. Interest Rates: 9.75% to 14.75%

Tax Benefits of availing Home Loan

There are two types of tax benefits associated with home loan for Resident Indians:

Repayment of the Principal Amount: One can get a Tax rebate under section 80C of the Income Tax Act on whole amount repaid by him in a financial year, maximum upto Rs. 1,50,000/- each financial year (Increased from 1 Lakh to Rs. 1.5 Lakh in Budget 2014).

Repayment of the Interest on Home Loan: Tax Benefit on Home Loan for payment of Interest is allowed as a deduction under Section 24(1) of the Income Tax Act. One is eligible for a Tax Rebate of maximum of Rs. 2 lakh per financial year for home loan interest paid by him/her during that financial year.


What is the Impact of MCLR on EMI of DCB Bank Home Loan Borrowers?

After April 1, 2016, all bank loans (including home loans) are linked to the bank's MCLR with or without a mark-up or spread (bank margin). Earlier, they were linked to the bank's base rate. All banks are required to disclose their MCLR each month.

Banks generally hike MCLR, whenever there is a hike in Repo Rate by the RBI. Banks may increase MCLR due to surging bond yields and higher provisioning requirements, even when the RBI has not hiked Repo Rate.

Home Loan Interest Rate can be equal to the MCLR or have a 'margin' or 'mark-up' or 'spread' but can never be lower than MCLR.

Home Loan Interest Rate is linked to the bank's MCLR. If MCLR goes up, the home loan rates will also go up. Home Loan Interest Rate will not be impacted by hike in MCLR only if banks reduce the mark-up (margin) in the home loan. If MCLR goes down, the home loan rates will also go down.

For MCLR-linked home loans, the rate is reset after 6 or 12 months according to the agreement between the borrower and the bank. The interest rate applicable on the reset date will become the new rate on which the future EMI's will be calculated.


What should Base Rate Home Loan Borrowers do?

Home Loan Interest Rate of old home loan borrowers (who had taken home loans before April 1, 2016) are linked to the base rates of the banks. Hence the EMI which they are paying is also linked to base rate. Banks have always remained very sluggish for passing on the benefits of RBI rate cuts to the borrowers.

Now after April 1, 2016, Home Loan Interest Rate is linked to MCLR (Marginal Cost of funds based Lending Rate) for home loan borrowers in order to resolve the problems of the Base Rate regime.

It will be beneficial for them to switch to MCLR linked rate if the difference between what they are paying (under base rate) and what the bank is offering (under MCLR) is significant. So they must switch to MCLR linked rates, if outstanding loan is high and the remaining tenure is also long.

In that situation, Base Rate Borrowers have following two options:

(1) Switch to MCLR linked home loan with the same bank: It is beneficial, in case the bank is charging a nominal switching fee such as 0.50% or less on outstanding amount.

(2) Transfer the loan to another bank on MCLR: It is feasible, if new bank has waived off processing fee (which they generally do in order to attract the customer and increase their business) or is charging very less processing fee and legal and transfer costs.

The borrower must compare both the above-mentioned options and opt for the one which is more beneficial to them in terms of money saved. It will result not only in reduction of future EMIs but also a huge amount of interest will be saved during remaining tenure.

One may as well continue the loan on base-rate especially if the maturity is near and need not go through the process of conversion.

Further, the Reserve Bank (RBI) is going to link the base rate for loans given by banks to the MCLR from April 1, 2018. Once it happens, the base rate will automatically increase or decrease along with the MCLR without any specific action required for adjustment. This will be very beneficial for the home loan borrowers whose rates (EMIs) are still linked to the base rate.


EMI Payment Methods of DCB Bank Home Loan

You can repay DCB Bank home loan in any of the following methods:

(1) Electronic Clearing Service (ECS): Electronic Clearing System is preferred for faster payments and collections. If you have an account with other bank than DCB Bank then you can use ECS for loan repayment. You will have to fill up a form and submit the same with your bank for debiting EMI every month from your account. In this case, your EMI will be automatically debited every month from your bank account and credited to DCB Bank towards loan repayment instalment.

(2) Standing Instruction (SI): If you maintain your account with DCB Bank, then you can use this method. Under this method, you will have to issue a Standing Instruction to DCB Bank to debit your EMI amount on a due date every month from your DCB Bank account and credit to DCB Bank loan account towards loan repayment instalment. You save a lot of time and energy by giving standing instructions to the bank to carry out the transaction on your behalf each time.

(3) Post-Dated Cheques (PDCs): In this method, you need to submit post-dated EMI cheques to DCB Bank for a certain period of time, which are deposited by the DCB Bank on the due date. This alternative is cumbersome and time-consuming and involve a manual procedure of visiting the DCB Bank in a timely manner.

Points to Note Regarding EMI Payment Methods

  1. A fresh set of PDCs need to be submitted in a timely manner.
  2. Post Dated Cheques are accepted only for non-ECS locations.
  3. It is good to pay your EMIs either through the Standing Instruction or ECS for faster and timely remittance of your loan instalments.

In case of Prepayment of DCB Bank Home Loan, will EMI change?

One can pre-pay DCB Bank Home Loan without any prepayment charges as it allows prepayment at nil charges in case of floating rate home loans. If the borrower makes a prepayment, the outstanding balance of principal amount of his home loan reduces. Then in that case he has following 2 options:

  1. He can continue with the existing and reduce the loan tenure
  2. He can reduce the EMI and keep the loan tenure the same

Out of above 2 options, first option is more beneficial for the borrower as he pay less interest to the bank as the pay off home loan will be faster.


Ways to Reduce your DCB Bank Home Loan EMI

  • Negotiate with your banker on lower interest rate
  • Apply for longer tenure
  • Give maximum amount as down payment
  • Pre-pay loan amount
  • Switch to another bank/ FI offering lower interest rate

Latest News on DCB Bank Home Loan

  • June 5, 2023: DCB Bank has increased Marginal Cost of Funds Based Lending Rate (MCLR) with effect from 05.06.2023
  • October 6, 2021: DCB Bank has cut MCLR rates by 5 bps (i.e. 0.05%) for all maturities with effect from 06.10.2021
  • September 6, 2021: DCB Bank has cut MCLR rates by 5 bps (i.e. 0.05%) for all maturities with effect from 06.09.2021
  • June 5, 2021: DCB Bank has cut MCLR rates by 6 bps (i.e. 0.06%) for all maturities with effect from 05.06.2021
  • February 6, 2021: DCB Bank has cut MCLR rates with effect from 06.02.2021
  • January 25, 2020: DCB Bank has reported profit after tax (PAT) of Rs 97 crore for the quarter ended December 2019 (Q3FY20)
  • November 5, 2019: DCB Bank has cut 1 year MCLR to 10.31% from 10.65%
  • August 5, 2019: DCB Bank has cut 1 year MCLR to 10.65% from 10.84%
  • June 12, 2018: DCB Bank has raised lending rates by 10 basis points across all maturities i.e. by 0.10%
  • November 22, 2017: DCB Bank, IFMR Capital invest in Home Credit India Finance's loan

FAQs on DCB Bank Home Loan

  1. Can I give standing instructions to repay my Home Loan EMIs directly from my DCB Bank Savings Account?

    DCB, you can opt for Automated Repayment and your EMIs will be directly repaid from your DCB Bank Savings Account, thus saving you the trouble of procuring, signing and tracking post-dated cheques.

  2. What is Pre-EMI Option?

    Pre-EMI is an option in which the borrower has to pay only interest on loan amount during the progress on the construction of the project. The actual EMI payment will be started only after his/ her possessing the house.

  3. What are the various interest rates offered on home loans?

    Interest rates offered vary for women borrowers and others. Women borrowers are offered home loan at lower interest rate in DCB Bank.

  4. What is the eligibility criteria for getting DCB Bank home loan?

    The eligibility criteria for DCB Bank Home Loan is as follows:

    BasisSalaried CustomersNon Salaried CustomersAgeMinimum 23 years and not more than 65 yearsMinimum 25 years and not more than 65 yearsIncomeMonthly income must be atleast Rs.25,000Annual income must be atleast Rs 3 lakhsJob/ Business Experience2 Years2 YearsAge of Co-applicantMinimum 18 yearsMinimum 18 years
  5. Can joint-applications be made for DCB Bank Home Loans?

    DCB. Joint applicants can be made for DCB Bank Home Loans.

  6. Do I have the option to structure my loan as partly fixed or partly floating?

    DCB, you can structure your DCB Ltd. Home Loan as Partly Fixed or Partly Floating as per your needs.

  7. What are the maximum number of properties that I can own?

    You can own as many properties as you want.

  8. What is a down payment?

    Down payment is the amount that is paid by the borrower on an up-front basis. Banks usually pay around 75% to 85% of the cost of the property, hence the rest amount the borrower needs to pay as down payment.

  9. What is the average tenure of a home loan?

    Home loans average tenure ranges generally between 3 and 25 years.

  10. Can I pre-pay my DCB Bank home loan? Is there any penalty?

    DCB. You can pre-pay your DCB Bank home loan with nil penalty for floating rate home loan.

  11. What security do I need to furnish for DCB Bank home loan?

    The property purchased out of the loan is taken by DCB Bank as the security. However, if DCB Bank feels then it can ask for additional securities too.

  12. Who is an NRI?

    NRI or Non Resident Indian is a citizen of India or a foreign national of Indian origin living outside India for the purpose of employment, business or any other vocation, which would indicate his intention to stay outside India for an indefinite period of time. An Indian would also be termed as an NRI if his stay in India is less than 182 days.

  13. What is the mode of payment for NRI home loans?

    Generally, payments are made through NRI Account like NRO, NRE, NRNR and FCNR accounts. NRI home loan can be paid by way of direct remittances from abroad through normal banking channels or from other financial accounts as may be permitted by RBI.

  14. What kind of job makes me eligible for DCB Bank home loan?

    You can either be a salaried employee or self-employed for obtaining this loan. However, the only condition is that you should be earning a regular income and should be able to furnish proofs of the same.

  15. What is the tax benfits available on DCB Bank home loan?

    As per Section 80C of the Income Tax Act, in case of the principal amount, you can claim a deduction of upto Rs 1.5 lakhs while in case of interest, it is upto Rs. 2 lakhs.

  16. Are long-term home loans beneficial or short-term loans?

    It dependes on the financial status of the borrower. If he wants lower EMIs then Long-term loans, if not, then he can go with short-term loans with higher EMIs with the benefit of lesser interest.

  17. Do I have to pay only fixed rate of interest or floating rate is also there in DCB Bank Home Loan?

    No, you have the option to choose any kind of rate of interest you want to pay. You can pay floating rate of interest which is linked with the MCLR and keeps changing from time to time.

  18. My EMI is increased due to an increase in the rate of interest being it flexible. What do I do for lower EMI?

    EMI increases with the increase in the rate of interest if you have opted for floating rate. You may ask your bank for increasing the loan tenure, if you want to get your EMI reduced or you can make some part pre-payment to your bank for reduction in EMI.

  19. What are different modes of payment of EMI of DCB Bank Home Loan?

    The EMI can be paid through various modes such as Post dated cheques, Electronic Clearing Service (ECS), Standing Instruction (SI), etc.

  20. Can I apply for a home loan to renovate my home or flat?

    DCB, you can apply for home loan for any purpose such as buying a home, constructing a home, repairing of your home, home improvement, balance transfer and home renovation.

  21. What is the difference between EMI and Pre-EMI?

    You repay your home loan through Equated Monthly Instalments (EMI), which includes principal and interest component. EMI repayment starts from the month subsequent to the month of final disbursement. Pre-EMI is only a simple interest, which you are required to pay every month till the loan is not fully disbursed.

  22. How to get my Income Tax certificate from DCB Bank?

    Income Tax certificate will be despatched to your after the end of financial year by DCB Bank. You may also contact your nearest DCB Bank branch or your can also send a request through its website for the same.


Contact details of Dcb Bank Limited, Dcb Bank Limited SMS balance check number SMS banking, Dcb Bank Limited mobile banking, Dcb Bank Limited toll free number,Dcb Bank Limited toll free number 24*7, Dcb Bank Limited miss call number.

  • MISSED CALL NUMBERS - 7506660011
  • CUSTOMER CARE NUMBERS - 022-68997777, 040-68157777
  • CONTACT NUMBERS - 022-68997777, 040-68157777

Dcb Bank Limited Contact Details

  • BANK OFFICIAL WEBSITE - https://www.dcbbank.com
  • CONTACT NUMBERS - 022-68997777, 040-68157777
  • EMAIL ID - [email protected]
  • MISSED CALL NO. - 7506660011
  • CUSTOMER CARE NO. - 022-68997777, 040-68157777
  • TOTAL BRANCHES - 450
  • HEADQUARTER - Mumbai
  • BANK ADDRESS - 6th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai - 400013, Maharashtra
Dcb Bank EMI Calculator  Dcb Bank Branches
Dcb Bank Home Loan FAQs  Home Loan Document Required

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Idbi BankIdfc First Bank
Indian BankIndian Mercantile Cooperative Bank Ltd.
Indian Overseas BankIndusind Bank
Jalgaon Janata Sahakari Bank LimitedJammu And Kashmir Bank Limited
Jammu And Kashmir Grameen BankJanakalyan Sahakari Bank Limited
Janalaxmi Coop Bank Janata Sahakari Bank Ltd
Jharkhand Gramin BankJharkhand Rajya Gramin Bank
Kallappanna Awade Ichalkaranji Janata Sahakari Bank LimitedKalupur Commercial Cooperative Bank
Kalyan Janata Sahakari BankKapol Cooperative Bank Limited
Karnataka Bank LimitedKarnataka Gramin Bank
Karnataka Vikas Grameena BankKarur Vysya Bank
Kashi Gomti Samyut Gramin BankKaveri Grameena Bank
Kerala Gramin BankKhamgaon Urban Co Op Bank Ltd
Kotak Mahindra Bank LimitedLangpi Dehangi Rural Bank
Laxmi Vilas BankMadhya Bihar Gramin Bank
Madhya Pradesh Grameen BankMadhyanchal Gramin Bank
Mahanagar Cooperative BankMaharashtra Gramin Bank
Malwa Gramin BankManipur Rural Bank
Meghalaya Rural BankMizoram Rural Bank
Nagaland Rural BankNagar Urban Co Operative Bank
Nagpur Nagarik Sahakari Bank LimitedNarmada Jhabua Gramin Bank
Nasik Merchants Cooperative Bank Ltd.New India Cooperative Bank Limited
Nkgsb Cooperative Bank LimitedNorth East Small Finance Bank Limited
Nutan Sahakari Bank LtdOdisha Gramya Bank
Oriental Bank Of CommercePallavan Grama Bank
Pandyan Grama BankPaschim Banga Gramin Bank
Pragathi Krishna Gramin BankPrathama Bank
Prathama U.p. Gramin BankPravara Sahakari Bank Ltd
Puduvai Bharathiar Grama BankPunjab And Maharshtra Cooperative Bank
Punjab And Sind BankPunjab Gramin Bank
Punjab National BankPurvanchal Gramin Bank
Rajarambapu Sahakari Bank LtdRajasthan Marudhara Gramin Bank
Rajkot Nagrik Sahakari Bank LimitedRupee Cooperative Bank Ltd.
Sangli Urban Co Op Bank Ltd SangliSaptagiri Grameena Bank
Saraswat Cooperative Bank LimitedSardar Bhiladwala Pardi Pepls Co Bk
Sarva Haryana Gramin BankSarva Up Gramin Bank
Saurashtra Gramin BankShikshak Sahakari Bank Limited
Solapur Janata Sahakari Bank LimitedSouth Indian Bank
State Bank Of Bikaner And JaipurState Bank Of Hyderabad
State Bank Of IndiaState Bank Of Mysore
State Bank Of PatialaState Bank Of Travancore
Suryoday Small Finance BankSutlej Kshetriya Gramin Bank
Syndicate BankTamil Nadu Grama Bank
Tamilnad Mercantile Bank LimitedTelangana Grameena Bank
The A.p. Mahesh Cooperative Urban Bank LimitedThe Akola Janata Commercial Cooperative Bank Ltd. Akola.
The Cosmos Co Operative Bank LimitedThe Goa Urban Co Op Bank Ltd
The Greater Bombay Cooperative Bank LimitedThe Jalgaon Peoples Cooperative Bank Limited
The Kapol Cooperative Bank LimitedThe Karad Urban Cooperative Bank Limited
The Mapusa Urban Coop Bank Of Goa LtdThe Mehsana Urban Cooperative Bank
The Nainital Bank LimitedThe Shamrao Vithal Cooperative Bank
The Surath Peoples Cooperative Bank LimitedThe Thane Bharat Sahakari Bank Limited
The Zoroastrian Cooperative Bank LimitedTjsb Sahakari Bank Ltd
Tripura Gramin BankUco Bank
Ujjivan Small Finance Bank LimitedUnion Bank Of India
United Bank Of IndiaUtkal Grameen Bank
Utkarsh Small Finance BankUttar Banga Kshetriya Gramin Bank
Uttar Bihar Gramin BankUttarakhand Gramin Bank
Vananchal Gramin BankVidharbha Konkan Gramin Bank
Vijaya BankYes Bank
Zila Sahakari Bank Ltd 
 
Dcb Bank Limited Home Loan Interest Rate at 9.75% to 14.75% 24 Feb 2024