DHFL (Dewan Housing Finance Corporation Limited) was founded in 1984 by Late Shri Rajesh Kumar Wadhawan with a vision to provide financial access to the lower and middle income segment in the semi-urban and rural areas of the country, for buying homes. DHFL, today, is the second largest housing finance company in the private sector.

Over 29 years, DHFL has assisted its customers with a vast array of products including home loan, home extension loan, home improvement loan, home loans for NRIs, plot loans, mortgage loan, leased rental finance and non-residential property loan.  DHFL is also one of the first housing finance companies to have introduced insurance in the housing sector.

The Company currently operates across 456 locations in the country and has representative offices in London, UK and Dubai, UAE. It has further set up Property Services cells to ease the process of property selection for its customers across these locations. DHFL has also been the first housing finance company to have entered into home loan syndication agreements with India’s leading public sector banks including Punjab and Sind Bank (PSB) in northern India, United Bank of India (UBI) in eastern India and Central Bank of India (CBI) in central India and the private sector bank Yes Bank.

DHFL has been assigned ‘AA+’ by CARE and ‘AAA’ by Brickworks for various secured long term debt instruments and CRISIL has assigned ‘CRISIL A1+’ rating for short term debt.

Acquisitions & New Initiatives:
In 2003, DHFL acquired the housing finance arm of ING Vysya Bank. The Company was later renamed as ‘DHFL Vysya Housing Finance Limited’ and, today, has strong operations in Andhra Pradesh, Karnataka, Tamil Nadu, Maharashtra, Uttar Pradesh and Kerala.
Further, in December 2010, DHFL acquired erstwhile Deutsche Postbank Home Finance Ltd. from BHW Holding AG, a 100% subsidiary of Deutsche Postbank, AG and rebranded it as DHFL First Blue Home Finance Limited. DHFL First Blue Home Finance is now merged with DHFL.

In 2011, DHFL established Aadhar Housing Finance Private Limited, a segment focused housing finance company, in association with International Finance Corporation (IFC), a member of the World Bank group. Aadhar operates in Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Jharkhand, Orissa, Bihar and West Bengal.

DHFL promoted DHFL Venture Capital is now branded ArthVeda Fund Management Pvt. Ltd.
In 2013, DHFL forayed into Education Loan business with the launch of Avanse Education Loans (Avanse). Avanse is a new-age Non-Banking Finance Company (NBFC) focused on providing education loans for higher studies.

People:

With its geographically far-reaching businesses, DHFL and its Group companies, over their years of existence, have built a culture of excellence and respect. As a culturally integrated team, DHFL-ites celebrate diversity and believe in the organisation's vision of building a company that fosters a performance-oriented work environment.