Under the current resolution plan, FD holders will get about Rs 1,241 crore, against their admitted claims of about Rs 5,400 crore.

DHFL FD Investors and NCD-holders Start Getting Their Repayment Proceeds as per Their Claims. In a huge relief for fixed deposit (FD) investors and non-convertible debenture (NCD)-holders of Dewan Housing Finance Corporation Ltd (DHFL), the repayment process has already started.

DHFL fixed deposit accounts also ensures that its customers’ financial obligations are serviced in a timely and safe fashion making it the depositor’s dream. One indication that DHFL is a safe place to invest your money is the credit rating that the company enjoys. They have AAA credit rating from CARE.

‘Click to Pay’ payment option and service for online payment of loan overdue (EMI and / or Charges) is available for select DHFL customers only. One-time registration on MY DHFL customer portal (https://my.dhfl.com/wps/portal) is required to make payment through ‘Click to Pay’ digital payment option.

If you are a DHFL NCD-holder, here is what you can expect: Debenture-holders, as a ‘class of creditors’, have voted in favour of this resolution plan. As such, all debenture holders will be paid as secured assenting creditors.

Upon allotment of equity shares to PEL, DHFL will become a wholly-owned subsidiary of PEL, it said, adding, Piramal Enterprises Limited will acquire 100 per cent of the equity share capital in DHFL. “The acquisition is in line with a strategic roadmap to transform and expand Group’s financial services business.

Secured NCDs are considered safer of the two kinds as their issues are backed by the assets of the company. In the event of the company failing to pay on time, then the investors can recover their dues by liquidating the company’s assets. However, the interest offered on NCDs is low.

Here is how you can check the status through SMS.

1. Send the message ‘DHFL’ to 56677 from your registered mobile number.
2. Instantly you will receive a reverted message from the bank directing you to the next step.
3. Follow the steps one-by-one to check your home loan application status.

Muthoot Capital FD Interest Rates, 2021

Here is how you can check the status through SMS. Send the message ‘DHFL’ to 56677 from your registered mobile number. Instantly you will receive a reverted message from the bank directing you to the next step.

NSE, in a circular to its members, said DHFL equity shares will be suspended from trading with effect from June 14, 2021 (that is closing hours of trading on June 11, 2021). BSE, in a notice said that to avoid market complications,trading in the equity shares of DHFL will be suspended with effect from June 14, 2021.

The procedure to open a fixed deposit account under the Aashray Deposit Plus scheme is visiting the nearest DHFL branch. The simplest way to open a fixed deposit account with DHFL is to visit the BankBazaar website and follow the easy and simple steps to book a fixed deposit from the comfort of your own home.

DHFL was conceptualised with the sole aim of ensuring that every Indian owns a home. DHFL focusses on providing affordable home loans to its customers. It also ensures security and ease of repayment of the loan. Late Shri Rajesh Kumar Wadhawan had a clear objective of advocating the social requirement in India of owning a home.

Option of Auto renewal / Auto repayment Trust Deposit placed with DHFL qualifies as specified investment, as defined under the section 11(5)(ix) of the Income Tax Act, 1961 Additional interest of 0.15% on renewal, provided deposit is renewed on or before the maturity date Interest Rates: DHFL Fixed Deposits