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First Blue

 

First Blue Home Finance Ltd. (formerly known as Deutsche Postbank Home Finance Ltd.) is a subsidiary of the Dewan Housing Finance Corporation Ltd (DHFL). DHFL has acquired 67.56% equity stake in the company which is eventually held through its 100% subsidiary i.e. DHFL Holdings Private Ltd. (a Special Purpose Vehicle). The company is one of the fastest growing housing finance companies in India. It has established a strong national presence in around 40 locations across India. Through its various branches and sales offices, First Blue Home Finance Ltd. ensures to provide doorstep accessibility to its customers. The parent company i.e. Dewan Housing Finance Corporation Ltd., arguably stands strong as the third-largest Housing Finance Company in the country & the second-largest Housing Finance Company in the private sector.

Key Features:

  • Maximum loan amount would be Rs.500 lacs subject to IIR/FOIR grid AND LTV/LCR as per prevailing policy.
  • Tenure Maximum 15 years.
  • Floating rate with variable tenure will be offered.
  • Simple documentation and fast processing.