Co-operative Housing Finance Corporation Ltd(DCHFC), erstwhile known as Delhi
Co-operative Housing Finance Society Ltd, came into existence in 1970.
However, the Loaning Operations commenced in 1982-83 when 10 Group Housing
Societies got their first loan instalments released. For a very long
time, DCHFC remained the only Housing Finance Institution in Delhi.
To date, DCHFC has financed the construction of about 40000 dwellings
initiated computerised work with back office support in 1987. Subsequently,
in 1994, DCHFC has developed in-house computing facility with its own
supporting staff. All activities, financial as well as secretarial are
now fully computerised using the online concept. DCHFC has kept pace
with the technological advancement; and is now embarking upon third
phase of upgradation.