On 30 September 2021, Dewan Housing Finance Ltd. (DHFL) merged with Piramal Capital and Housing Finance Ltd. (PCHFL), also known as Piramal Finance, pursuant to the reverse merger scheme. Piramal Enterprises Ltd. (PEL) acquired 100% of the equity shares of DHFL, thus DHFL became a wholly owned subsidiary of PEL. Therefore, all customers of DHFL will be treated as customers of Piramal Finance with effect from 30 September 2021.
However, Piramal Finance does not offer fixed deposits. Those wishing to open FD can check the below NBFCs offering highest FD interest rates.