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    Tata Capital Housing Finance ‘Prapti’ Home Loan

    We found 2 Tata Capital Housing Finance ‘Prapti’ Home Loan

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.65% - 8.85% Floating
    Up to 0.2% One time fee
    15L - 10Crs
    10 - 30 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good To Know
    9.15% - 9.25% Floating
    0.5% (Min. ₹ 5000) One time fee
    5L - 30L
    3 - 30 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good To Know
    Eligibility Criteria

    Tata Capital Housing Finance ‘Prapti’ Home Loan is Rated as "Pretty good" by 85 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

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    Home Loan BYTES FROM OUR KITCHEN

    Tata Capital's Prapti Home Loan to light up the festivities of the urban poor:

    Tata Capital Housing Finance Limited (TCHFL) has always supported the empowerment of the urban poor segment by assisting them in the purchase of their dream home. They have been constantly introducing new schemes, special offers, hassle free processing facilities and offering the best rates of interest for this purpose. They have a dedicated vertical for this, catering to 50 locations in the country.

    In addition to providing long term loans for housing purposes, TCHFL provides loans for residential land purchase, home renovation projects and offers construction finances to developers.

    For availing a home loan, lenders look to validate the income of the applicant and verify his CIBIL score. As long as the CIBIL score of the applicant is good, he will not have too many problems in getting the approval for the loan. However, for individuals falling under the low income bracket, it is quite difficult to avail a credit.

    Prapti Home Loan Scheme:

    TCHFL’s Prapti Home Loan scheme is a boon to the lower income groups and economically weaker sections residing in the urban areas. The plan provides affordable housing loans to help individuals realise their dream of purchasing their own home. The plan is well set to spread some cheer in the lives of aspiring home owners this festive season.

    Salient features of PraPti Scheme:

    • The Prapti home loan scheme is in alliance with the Government’s Pradhan Mantri Awas Yojana that targets the construction of 2 crore affordable houses for the urban poor by the year 2022.
    • The plan caters to economically weaker sections, low income groups, SC and ST, and women who are residents of the peripheral regions of the Metros, Tier I, Tier II and Tier III cities.
    • Households with a maximum income of Rs. 6 lakh per annum can avail the Prapti home loan.
    • As per the scheme, home loans are offered at subsidised interest rates starting at 4%.
    • The plan allows flexible repayment options and offers the facility of zero conversion charges.

    TCHFL is a fully-owned subsidiary of Tata Capital. The parent company is active in the industry vericals of advisory services, investment banking, private equity advisory and forex. They also deal with credit cards and travel, commercial and infrastructure finance, securities and consumer finance.

    Affordable housing is a segment that has witnessed commendable growth in Tata Capital’s home loan business. The Prapti scheme with its easy repayment facilities such as the step-up and step-down options will definitely boost Tata Capital’s presence in the market.

    News About Tata Capital Housing Finance ‘Prapti’ Home Loan

    • Tata Capital Housing Finance brings its interest rate down

      Tata Capital Housing Finance Limited (TCHFL), the subsidiary owned by Tata Capital Limited, has decreased the interest rate on its loan offering.

      The company decided to do this in a bid to reach out to a larger audience and to offer them loans at affordable rates. Here’s what the rates look like for women and other borrowers.

      For up to loans of Rs.75 lakh, interest rates stand at 8.7% per annum for women, and 8.75% per annum for others. Rates are slightly different for loans higher than Rs.75%. In this case interest for women stands at 8.75% while the same for other borrowers remains at 8.80%.

      Chief Operating Officer, Govind Sankaranarayanan of Retail Business and Housing Finance spoke about the company’s move said that the interest rate cut is an indication of its commitment to reach out to a larger audience and to offer loans to people at a much lower interest rate.

      He also said that the company is witnessing higher demand from the affordable housing segment and that the company has taken enough measures through special schemes.

      20th January 2017

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  • Tata Capital Housing Finance ‘Prapti’ Home Loan Reviews

    • Tata capital Home Loan
      "Good company"
      0.5 5.0/5 "Blown Away!"
      I got the home loan from Tata capital limited with the rate of interest as 8.7% with the processing charge as 5750 Rupees. I got the approval within a week's time. Documents and everything was nominal with them and the paper works required by them was also quite simple.
      Was this review helpful? 0
      , mumbai
      Reviewed on Apr 29, 2017
    • Tata capital Home Loan
      "Recommendable Institute on home loan"
      0.5 5.0/5 "Blown Away!"
      TATA Capital done a great job on my loan process, totally they have taken only five days to sanction my loan. They charged very less processing fee but interest rate was high. I took the loan amount of Rs.52 Lakhs with tenure of 20 years, My EMI amount around 52,000 per month. I am completely happy about their service.
      Was this review helpful? 1
      , chennai
      Reviewed on Apr 27, 2017
    • Tata capital Home Loan
      "Dependable "
      0.5 4.5/5 "Excellent!"
      Currently, I have an ongoing home loan with the Tata capital limited and their interest rate was around 9.7% before 2015. Fortunately, there is a fall in the rate as the interest rate is dropped down to 8.5% and their response is very good one with them. However reduced rate was not applied to the EMI immediately.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Apr 04, 2017
    • Tata capital Home Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I got a call from TATA CAPITAL for my home home loan. I am happy with the response and the customer support rendered to me. Interest rate provided was a around 8.7%. Overall everything was good . I did not proceed ahead further for the loan because I was not having form 16 and tax form so that they said it cannot be processed further.
      Was this review helpful? 0
      , new delhi
      Reviewed on Apr 03, 2017
    • Tata capital Home Loan
      "Good in response"
      0.5 4.0/5 "Great!"
      I directly visited TATA CAPITAL for my housing loan. Interest rate is 8.75% and the processing fee is around 5000. I got a good response from the bank, they were not delaying the process and they initiated it on time and it is in process now. Their service is good in all the aspects like customer service, rate of interest and processing fees.
      Was this review helpful? 0
      , mumbai
      Reviewed on Apr 03, 2017
    • Tata capital Home Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      I received a call from Tata capital limited for my home loan application. It was a timely response and I was informed about the details I needed. I could not proceed ahead because the institution was not funding for my property location. It was negative.
      Was this review helpful? 0
      , ghaziabad
      Reviewed on Mar 06, 2017
    • Tata capital Home Loan
      "Can be more flexible"
      0.5 3.0/5 "Satisfactory"
      I could not proceed ahead with Tata Capital Limited for the home loan as they wanted me to take the Builder's consent for construction of property. Since it was not possible from my end they had cancelled my application. The services provided was good, also it was on time , so was the interest rate and charges.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 05, 2017
    • Tata capital Home Loan
      "Not Satisfactory"
      0.5 1.0/5 "Really Bad"
      I initially received a call from Tata capital limited and I was informed that I would receive a call back for the further process. After which there was no response from their end. It has not been a satisfactory experience as the process was not useful to me.
      Was this review helpful? 1
      , bangalore
      Reviewed on Mar 05, 2017
    • Tata capital Home Loan
      "Very high on ROI"
      0.5 3.0/5 "Satisfactory"
      Tata capital limit was pretty high when it comes to the rate of interest and the charges for the home loan when compared to the Public sector banks like SBI. The rate offered was around 9.21% and other banks were charging around 8%. They contacted me on time and informed the details, but they are not recommendable.
      Was this review helpful? 0
      , secunderabad
      Reviewed on Mar 05, 2017
    • Tata capital Home Loan
      "Be more convenient"
      0.5 3.0/5 "Satisfactory"
      I could not avail a home loan from Tata capital as I had an issue with my documentation. They could be more lenient on documentation part. But, I had received a prompt response and service from Tata capital. is not providing a loan, based on the documentation issue.
      Was this review helpful? 0
      , new delhi
      Reviewed on Mar 04, 2017
    • Tata capital Home Loan
      "Its Better"
      0.5 4.0/5 "Great!"
      TATA Capital service is good, but my land what I had finalized was not an approved one. So I am unable to process with TATA Capital and I dont receive any other alternate solution from them. TATA Capital interest rate and charges were quite low compared with other banks.
      Was this review helpful? 0
      , noida
      Reviewed on Mar 04, 2017
    • Tata capital Home Loan
      "Not Satisfactory"
      0.5 2.0/5 "Expected more"
      I am receiving a call from TATA capital for past 20 days but they are not at all providing a proper information on my home loan applicaton. They had not informed me about the required documents and other details like rate of interest and processing fees. They had not updated me on my application status too.
      Was this review helpful? 0
      , secunderabad
      Reviewed on Mar 04, 2017
    • Tata capital Home Loan
      "Its Good"
      0.5 5.0/5 "Blown Away!"
      I have purchased residential plot from the owner, he did not give proper documents and since it is a gram panchayat property, So I am unable to process with TATA Capital for the home loan, but they are good in service they called and assisted me on the home loan application.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 04, 2017
    • Tata capital Home Loan
      "Not Satisfactory"
      0.5 1.0/5 "Really Bad"
      I had applied for a home loan with Tata capital and it was not a very satisfactory experience. They contacted me once and did not provide me with proper details and they never contacted me again. The loan amount was also not to my requirement, I needed 15 lakhs and they were willing to offer only 11 lakhs.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 04, 2017
    • Tata capital Home Loan
      "Interest rate has to be reduced"
      0.5 4.0/5 "Great!"
      I currently dropped the plan for one month, So I did not take home loan with TATA CAPITAL. But they responded well on my application, they called and confirmed my requirement and shared their interest rate, But I am not fine with that at present.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Mar 03, 2017
    • Tata capital Home Loan
      "Ready to meet the customer before updates the process"
      0.5 2.0/5 "Expected more"
      My existing home loan was running in PNB Housing from September 2016 onwards, I thought of doing balance transfer from PNB housing to TATA Capital. So I had a telephonic conversation with TATA Capital but they didn't visit to my place to collect the documents or to share the process update they simply refused to approve my loan since I dont have a tenure period one year of PNB Housing. So I am unable to process with TATA Capital for the balance transfer.
      Was this review helpful? 0
      , pune
      Reviewed on Mar 03, 2017
    • Tata capital Home Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      TATA Capital interest rate is quite high as per current market, they were quoted around 8.35% for my home loan application. So I dropped my plan to process at present but in future if I want home loan again I will prefer them. They are good in service with prompt response on my application.
      Was this review helpful? 0
      , new delhi
      Reviewed on Mar 03, 2017
    • Tata capital Home Loan
      "Good deal offered"
      0.5 4.0/5 "Great!"
      My previous home loan was with Tata capital. The process for the loan was simple and easy and the after loan services is also smooth and hassle free. The interest rate offered was around 10.5%, therefore I wanted to move ahead with another bank. However, they recently lowered the rate to 8.7% and it is a good deal too.
      Was this review helpful? 1
      , bangalore
      Reviewed on Mar 01, 2017
    • Tata capital Home Loan
      "Very good for TCS employee"
      0.5 5.0/5 "Blown Away!"
      I have housing loan with the Tata capital limited and the interest rate is around 9.45%. Its the apartment which I got and the disbursal got happen in single shot. Customer service is very good with them and bankers used to be in my office only, also there are some good offers for TCS employee with them.
      Was this review helpful? 3
      , pune
      Reviewed on Jul 09, 2016
    • Tata capital Home Loan
      "Hassle free loan experience"
      0.5 3.0/5 "Satisfactory"
      I have availed a Home loan with Tata Capital since they gave me the amount that I was looking for. They offered me an affordable interest rate and processing fee. Their customer service and responsiveness is pretty much satisfactory. The overall experience with them has been good.
      Was this review helpful? 3
      , mumbai
      Reviewed on Apr 05, 2016
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