DHFL: Fixed Deposit Higher Interest for Women

DHFL, India’s second largest housing finance company unveiled its fixed deposit scheme ‘Swayamsidha’ with a higher Rate of Interest (RoI) and higher yield, exclusively for Indian women. Swayamsidha can be availed with a minimum investment of Rs.10,000/- (Rupees Ten Thousand Only) in single name or joint names where the depositor number does not exceed three and the first depositor is a woman. Swayamsidha deposits can also be availed in the name of a minor girl supported by a Guardian.

For FD tenure of 18 months, deposit amounts of less than Rs.25 lakh are offered a Rate of Interest of 10.60% p.a., while deposit amounts of Rs.25 lakh or more will be offered 10.85% p.a. An additional 0.50% Rate of Interest can be availed by privileged* women customers under the same scheme.

DHFL Swayamsidha also offers the woman investor / first depositor in case of a joint deposit, a free accidental insurance cover of Rs. 1 lakh.

DHFL Fixed Deposits are rated CARE AA+ (FD) by CARE and BWR FAAA by Brickworks and assure high safety and excellent credit quality. DHFL FDs can be availed across the Company’s network presence across 450 locations in the country. As on March 31, 2014, the Company’s AUM (Assets under Management) stood at Rs.448.2 billion.  *Privilege individual women customers are defined as senior citizens (age above 60 years), existing DHFL home loan borrowers, existing DHFL shareholders, armed force personnel and widows.

communications@dhfl.com

About DHFL:

Dewan Housing Finance Corporation Limited (DHFL) was founded in 1984 by Late Shri Rajesh Kumar Wadhawan, with a vision to provide financial access to the lower and middle income (LMI) segment in semi-urban and rural parts of the country. Today, under the leadership of Mr. Kapil Wadhawan, DHFL is

India’s second largest housing finance company in the private sector, with a captive distribution network covering 450 locations across the country and 2 representative offices, in Dubai, UAE and London, UK.

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