A "low interest" loan shouldn't mean you have very little interest in paying it back!
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    Tata Capital Home Loan

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    9.4% Floating
    5,750 to ₹11,500 One time fee
    15L - 10Crs
    10 - 30 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good To Know

    Tata Capital Home Loan is Rated as "Pretty good" by 67 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Home Loan BYTES FROM OUR KITCHEN

    Tata Capital Limited is a subsidiary of Tata Sons Limited. Tata Capital allows you to take a home loan with a co-applicant. The co-applicant to take the home loan can be any family member like your spouse/parents/children/ siblings. Taking a home loan with a co-applicant is beneficial as his/her income will also be considered which will help to enhance your home loan eligibility.Tata Capital offers eligible customers instant e-approval on home loan applications on BankBazaar.com. View details below


    You’re probably eligible for an Tata Capital Home Loan if you are

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    Tata Capital Home Loan Minimum Age

    At least 25 years old

    Tata Capital Home Loan Maximum Age

    Less than 58 years old

    Tata Capital Home Loan Eligible Employment Type

    Salaried
    with regular income

    Tata Capital Home Loan Minimum Income

    Earn more than the minimum
    income required


    Your Tata Capital Home Loan amount eligibility is based on these factors

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    Tata Capital Home Loan Minimum Salary

    Earn more than the minimum
    income required

    Tata Capital Home Loan Maximum Loan to property value

    Loan capped @ 75% of property value

    Tata Capital Home Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Tata Capital Home Loan amount by these steps

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    Tata Capital Home Loan Add Spouse as Co-applicant

    Make your spouse a co-applicant,
    and her income will add
    to your eligibility

    Tata Capital Home Loan Maximum Tenure

    Choose longer tenure loan 1 year to 30 years

    Tata Capital Home Loan Add parents as Co-applicant

    Alternatively add your parents


    Documentation needed to apply for an Tata Capital Home Loan

    • 1. Signed application form with photograph
    • 2. ID and residence proof
    • 3. Processing fee Cheque
    • 4. Latest bank statements
    • 5. Documentation for salaried applicants:
      • Last 3 years Income Tax Returns with computation of Income
      • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account
    • 6. Documentation for self-employed applicants:

      • latest income tax returns
      • latest comupation of income

    Tata Capital Home Loan Interest RatesUpdated on 29 Sep 2016

    Tata Capital Home Loan Details
    Interest Rate 9.40%
    Processing Fees Rs.5750 to Rs.11500
    Loan Tenure 10 years to 30 years
    Guarantor Requirement No guarantor required
    Partial Pre payment charges Nil
    Pre Closure charges Nil

    Overview

    When it comes to buying property, most people start looking at their savings accounts for support. Usually, the plans are dropped when they see that they do not have enough finance to invest in a property. However, with home loans, anybody can realize their dream of buying a new house.

    Home Loans from Tata Capital

    With the branding of Tata, Tata Capital Housing Finance Limited (TCHFL) has been able to gain the trust of many people in the home loan sector. Apart from this, the various features and benefits of its home loans have been a big plus point for its success in the financial market.

    The primary thing a prospective home loan customer will look at is the interest rate. The interest rates applicable on Tata Capital home loans are as follows:


    Salaried customers - Rates applicable on a monthly basis:


    S. No. Loan Slabs Applicable Variable Rates (APR)
    1. Up to and including Rs. 75 Lakhs 10.25% - 10.90%
    2. More than Rs. 75 Lakhs 10.40% - 11.00%

    Self employed professionals / self employed non professionals - Rates applicable on a monthly basis:


    S. No. Loan Slabs Applicable Variable Rates (APR)
    1. Up to and including Rs. 75 Lakhs 10.75% - 11.50%
    2. Over Rs. 75 Lakhs 11.00% - 11.75%

    The above rates are subject to change without notice as per the discretion of TCHFL. The documentation required for Tata Capital home loans is as follows:


    S. No. Businessman Salaried Individuals Self Employed Professionals
    1. Filled Application form with photograph Filled Application form with photograph Filled Application form with photograph
    2. Education Certificate and Proof of business existence Latest salary-slip Education Certificate and Proof of business existence
    3. Identity and Residence Proof Identity and Residence Proof Identity and Residence Proof
    4. Business profile Form 16 Last 3 years Income Tax returns (self and business)
    5. Processing fee cheque Processing fee cheque Processing fee cheque
    6. Last 6 months bank statements (self and business) Last 6 months bank statements Last 3 years Profit/Loss statement and Balance Sheet
    7. Last 3 years Income Tax returns (self and business) Last 6 months bank statements
    8. Last 3 years Profit/Loss statement and Balance Sheet

    New Tata Capital Home Loan Interest Rate:

    Interest rate offered by TATA Capital on housing loans varies on the basis of income group and the proposed/approved loan amount. The table below provides a breakup of current rates. This lender offers variable as well as semi-fixed rates for 2-3 years.

    Loan Amount Interest Rate
    Online borrowers (no cap on loan amount) 9.70%
    Up to Rs.1.5 crores (offline borrowers) 9.70%-9.90%
    Over Rs.1.5 crores 9.70%-10.00%

    For SEP/SENP Borrowers:

    Loan Amount Interest Rate
    Online borrowers (no cap on loan amount) 9.80%
    Up to Rs.1.5 crores (offline borrowers) 9.80%-10.00%
    Over Rs.1.5 crores 9.90%-10.25%

    The rates are subject to periodic revision based on market and other conditions. Make sure to call TATA Capital or visit the nearest office for the most up to date rate slabs.

    Features of Tata Capital Home Loan

    Some of the main features of Tata Capital home loans are:

    • Based on the specific needs of the customer, the loan can be customized accordingly.
    • The attractive floating interest rates do not affect the pocket of the customer.
    • The processing of the loan is done at a faster pace to ensure the satisfaction of the applicant.
    • Loan tenures range from 12 months to 360 months.
    • The available loan amount range starts from Rs. 2 Lakh to Rs. 10 Crore for any type of residential property.

    Eligibility

    Be it a Chennai Home Loan or a Kolkata Home Loan, customers living anywhere in India need to fulfill the below criterion to become eligible for home loans from Tata Capital.


    S. No. Salaried Individuals Professionals Self Employed Individuals
    1. Should be above the age of 24 years at the time of loan sanction and the tenure of the loan should end before 65 years or retirement, whichever is earlier Should be above the age of 24 years at the time of loan sanction and the tenure of the loan should end before 65 years or retirement, whichever is earlier Should be above the age of 24 years at the time of loan sanction and the tenure of the loan should end before 65 years or retirement, whichever is earlier
    2. A good credit score A good credit score A good credit score
    3. Employment stability should be more than 2 years

    News About Tata Capital Home Loan

    • TCHFL Launches Cheap Home Loans for Affordable Housing

      Tata Capital Housing Finance Limited (TCHFL) has launched a new home loan scheme for the affordable housing segment, aligned with the Central Government’s Pradhan Mantri Awas Yojana.

      Under ‘Prapti’, the company will offer home loans at an interest rate of 4 percent per annum to the lower income group, economically weaker sections of society, scheduled caste and scheduled tribe borrowers and women living in the suburbs or peripheral regions of metros and tier-I cities, as well as eligible residents of tier-II and tier-III cities. The annual income of the household should not be more than Rs.6 lakh.

      The company is a wholly-owned subsidiary of Tata Capital Limited.

      23rd August 2016

    • Special home loan offers by TATA Capital Housing – effective till 31st October, 2014

      Tata Capital housing has announced the special offer on their Home loan products for Tier 2, Tier 3 cities, semi-rural areas, semi urban areas and the urban poor segment. The offer is about the cheap home loan available up to Rs 15 lakhs for the rural housing as per the National housing bank guidelines @ 9.75% per annum. This will facilitate the growth and the development of rural housing in India. Another offer is being made for the ‘Urban poor’ segment that comprises of the low income groups in urban areas who cannot afford a house in the city. These people can seek a home loan up to the amount of Rs 10 lakhs at an affordable rate of interest. Tata capital has covered this new scheme in 50 cities, putting forth its arms in housing development and nation building. This is the type of financial inclusion as it covers the low income groups, rural areas, semi urban areas and the urban poor segment. Such steps will definitely add a good infrastructure and housing community for the people of the nation.

      22nd September 2014

    Tata Capital Home Loan Reviews

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