Tata Capital NRI Loans are offered with flexible repayment options, lesser documentation without any hassles. From attractive interest rates, higher loan amount and flexible tenure, the NRI home loan from Tata Capital enables you to choose a home loan from outside of India.
|NRI Home Loan Interest Rates||Starts at 9.00% p.a.|
|Loan Tenure||Up to 10 years|
|Loan Amount||Rs.2 lakh – Rs.10 crore|
|Processing Fees||Up to 1.50%|
|Pre-closure Charges||Up to 1.50%|
|Part Payment Charges||Nil (up to 25% of the principal outstanding in a year)|
|Processing Fee||Up to 1.50%|
|Delayed EMI Payments||2% over the prevailing interest rate|
|Collection Agency||On actual|
|Legal Charges||On actual|
To avail the Tata Capital NRI Home Loan, you’ll have to be eligible with the below criteria:
Tata Capital requires basic documents to review and extend an NRI Home Loan to you. Below is the list of documents for your reference:
Tata Capital extends its NRI home loans with several features and benefits, there are:
Tata Capital offers housing loans to NRIs with the following benefits:
Tata Capital’s processing fee towards the NRI home loan is non-refundable as it incurs expenses as the process includes verification of your application, documents, assessing your eligibility, etc.
Tata Capital allows a minimum of 12 months (1-year) and a maximum of 120 months (10 years).
Tata Capital offers a minimum of Rs.2 lakh and a maximum of Rs.10 crore under the NRI home loan.
The rate of interest for the Tata Capital NRI Home Loan starts from 9.00% p.a.
To be eligible for the NRI home loan offered by Tata Capital, you need to be a Non-Resident Indian (NRI) and should between the age of 24 and 65 years (at the time of the completion of the home loan). A salaried individual should have at least 3-years of work experience.
Tata Capital offers two types of mode to pay your EMIs: Standard EMI Plan and Step-up Flexi EMI Plan. Under the Standard EMI Plan, you pay a fixed EMI for the entire home loan tenure, while under the Step-up Flexi EMI Plan, you pay lower EMI at the start of the loan tenure and increase it as your salary increases.
You can apply for an NRI home loan through Tata Capital’s online portal, or you can call their customer care (Toll-free number: 1800 209 6060) from Monday to Saturday between 8:00 a.m. and 7:00 p.m., or you could visit Tata Capital’s nearest branch to apply for a loan.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.