Dena Bank Home Loan Mumbai - Rates February 2024, Eligibility, IFSC, EMI

Dena Bank Home Loan in Mumbai

About Dena Bank Home Loan Mumbai

Dena Bank Home Loan Mumbai persuades the home loan seekers to avail home loans rather than disturbing their existing finances. The loan is offered in the name of ‘Dena Niwas Home Loan’. The interest rates are flexible and are charged on the basis of daily reducing balance basis. There are no prepayment charges applicable thereon. Moreover, the repayment period gives ample of space to every borrower to comfortably plan for their monthly installments accordingly.

Dena Bank Home Loan Mumbai at a glance

Interest Rate8.50% - 10.60%
Loan AmountUp to ₹ 200 lakhs for the purchase/construction of a house.
Up to ₹ 10 lakhs for renovation/upgradation.
TenureUpto 30 years-for the purchase of a new flat/house/construction/extension.

Upto 10 years- for repairs, renovation and upgradation.
Processing Fee0.50% of sanctioned limit.
Pre-payment ChargesNil

Eligibility Criteria

Individuals applying for Dena Bank Home Loan need to fulfill the following criteria:

  • Borrowers need to be a major individual, resident or non-resident, having a regular source of income.
  • The borrowers age at the time of loan maturity should be less than the retirement age in case of a salaried employee and below 65 years, in case of a businessman.
  • The total deductions do not exceed 60% of your gross income which include the loan installment of the proposed loan.
  • Spouses/Co-applicants income can also be considered for enhanced eligibility.

Documents Required

Borrowers whether salaried employees or self-employed professionals need to produce the following documents :

  • Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card
  • Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID
  • Income Proof-Latest Salary Slips & Form 16 for Salaried Professionals along with Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years.
  • Bank Account Statement for the Last 6 Months.
  • Track record of existing loans, if any.
  • Details of property you look to buy & construct.

To know more details, visit Home Loan Mumbai

Address of Dena Bank Branches in Mumbai

Branch NameComplete AddressIFSCMICRContact Number
Malad (East) Sadhana, Daftary Road, Malad East, Mumbai - 400064BKDN0460110400018018022-28889985 / 28892553
MahimSolitude, Plot No.410, Tps - III, Bhagoji Keer Marg, MumbaiBKDN0460112400018021022-24462201
Bhandup (WEST) - MumbaiBurjor Baug, Shastri Marg, Mumbai - 400078BKDN0460126400018044022-25610906/25906616
Juhu Vile ParleSharda Bhuvan, V.M.Road, Juhu - Vile Parle(West), Mumbai, Maharashtra - 400056BKDN0460131400018057022-26183752/26151370
Mumbai - Bandra (WEST)Khimji Palace, Hill Road, Mumbai - 400050BKDN0460144400018012022-26425809 / 26415972
Jogeshwari (WEST) - MumbaiGool - Dhun - A - Bad, Opp. Malcolm Baug, Sv Road, Mumbai - 400060BKDN0460209400018052022-26797320/26794879
Govandi DeonarStation Road, Mumbai - 400088BKDN0460353400018073022-25580997
Marol - Mumbai The Heritage, Andheri(East), Mumbai - 400019BKDN0460413400018075022-28325005/28213275
Orlem - Malad (WEST)Anthsil, O.M.Rd., Marve Road, Malad(West), Mumbai, Maharashtra - 400064BKDN0460486400018078022-28820678;
Mount PoinsurAnand Bhuvan, Grd.Fl, Sardar V.P.Road, Mt.Poinsur, Borivali(West), Mumbai - 400092BKDN046048740001807728933073/2892618


  • Home Loan Interest Rates February 2024
    Axis Bank8.75% - 9.15%
    Bank of Baroda8.50% - 10.60%
    Citibank8.75% - 9.15%
    HDFC8.50% - 9.40%
    ICICI Bank9.00% - 9.85%
    Indiabulls Housing Finance Limited8.65%
    Kotak Bank8.70%
    LIC Housing8.50% - 10.50%
    Piramal Capital & Housing Finance10.50%
    PNB Housing Finance8.50% - 10.95%
    Reliance Home Finance8.75% - 14.00%
    State Bank of India/SBI9.10% - 9.65%
    Tata Capital8.95% - 12.00%