A "low interest" loan shouldn't mean you have very little interest in paying it back!
  • loading

    We found 1 Tata Capital Home Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.75% - 8.85% Floating
    - One time fee
    ₹3Crs Max
    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 95 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Home Loan BYTES FROM OUR KITCHEN

    Tata Capital Home Loan

    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

    01
    02
    03
    04
    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

    01
    02
    03
    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

    01
    02
    03
    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 25 Nov 2017

    Tata Capital Home Loan Details
    Interest Rate 8.75% to 8.85%
    Loan Tenure 30 years
    Pre Closure charges 2% of LA

    Tata Capital Home Loan

    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:

    Interest Rates Applicable to Salaried Individuals and Doctors

    Loan Amount Semi-Fixed 2 to 3 years Interest Rates
    Loans up to Rs.75 lakh 8.70% - 8.80% p.a.
    Loans above Rs.75 lakh 8.75% - 8.85% p.a.

    Interest Rates Applicable to Self-Employed Professionals/Non-Professionals

    Loan Amount Semi-Fixed 2 to 3 years Interest Rates*
    Loans up to Rs.75 lakh 8.90% p.a.
    Loans above Rs.75 lakh 9.05% p.a.

    Interest Rates are calculated on a Monthly Rest basis.

    *Interest Rates are subject to change

    The documentation required for Tata Capital home loans is as follows:

    Businessman Salaried Individuals Self-Employed Professionals
    Filled Application form with photograph Filled Application form with photograph Filled Application form with photograph
    Education Certificate and proof of business existence Latest salary-slip Education Certificate and proof of business existence
    Identity and Residence Proof Identity and Residence Proof Identity and Residence Proof
    Business profile Form 16 Last 3 years Income Tax returns (self and business)
    Processing fee cheque Processing fee cheque Processing fee cheque
    Last 6 months bank statements (self and business) Last 6 months bank statements Last 3 years Profit/Loss statement and Balance Sheet
    Last 3 years Income Tax returns (self and business) Last 6 months bank statements
    Last 3 years Profit/Loss statement and Balance Sheet

    Features of Tata Capital Home Loan

    Tatacap 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.

    Tata Capital Home Loan Eligibility

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

    Salaried Individuals Professionals Self Employed Individuals
    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
    A good credit score A good credit score A good credit score
    Employment stability should be more than 2 years

    Tata Capital Flexi EMI Home Loan

    Tata Capital Flexi EMI Home Loan allows borrowers to restructure their payment schedule in accordance with their present and future expected financial situation. This does not let the EMIs for the home loan place undue stress on the borrower’s income and allows them to make investments and take care of other expenses during their loan period. This option is most suited to individuals who have recently started working, because it allows the borrower to increase the amount he/she pays as EMIs in accordance with his/her income.

    Tata Capital Flexi EMI Home Loan Plans

    Step Up: This plan allows the borrower to gradually increase the amount he/she pays as EMIs in proportion to an increase in his/her income. This gradual increase allows the individual to service his/her loan without taking

    Step Down: This plan allows the borrower to pay large amount of EMIs during the initial phase of the loan and gradually reduce the amount paid per EMI. This reduces the cost of the total loan incurred by the borrower.

    Bullet: This plan allows the borrower to prepay his/her loan partially at periodic intervals of time. These prepayments reduce the borrower’s EMIs considerably and there are no charges levied on prepayment of loans.

    Ballooning: This plan allows the borrower to make small payments to service the loan initially and pay a lump sum at the end of the loan tenure.

    Features

    Some of the Key Features of Tata Capital Home Loans are:

    • Tata Capital Home Loans can be used to purchase a plot of land for the purpose of constructing a residential unit.
    • The loan can be used to construct a house/flat.
    • This loan can be availed to purchase a house/flat.
    • Borrowers can avail this loan to renovate or remodel an existing house/flat.
    • Tata Capital will provide home loans to take over existing loans from borrowers.

    Home Loan Balance Transfer and Top Up Facilities

    Tata Capital offers its customers a Home Loan Balance Transfer feature to help reduce the monthly EMIs a borrower needs to pay, it will also provide borrowers with a Top Up facility to manage any extra expenses incurred. The various features of the Balance Transfer and Top Up facility have been listed below:

    • Tata Capital offers attractive interest rates to transfer Home Loan and cheaper EMIs.
    • The top up facility will give customers 25% of the original loan amount as additional monies.
    • Tata Capital can offer a higher tenure of up to 30 years.
    • Customers will be able to avail Tata Capital’s Flexi EMIs and its customised repayment options.
    • Tata Capital has no hidden charges on its Home Loans.
    • The documentation required for Tata Capital Home Loans in minimal and the procedure is simple.
    • Tata Capital has special schemes for employees of select corporates.

    Advantages of Tata Capital Home Loans

    • Loan Amount: Tata Capital offers Home Loans ranging from Rs.2 lakh to Rs.10 crore for the purpose of construction of a residential property.
    • Flexible Tenure: Tata Capital offers flexible tenures on its Home Loans, ranging from 12 months to 360 months.
    • Customized Options: Loan Advisors from Tata Capital study the applicant’s financial needs and other variables involved in the servicing of the loan to arrive at the best Home Loan products for its customers.
    • Quick Processing: As most of the application process is online, the processing time for Tata Capital Home Loans is very low.

    Tata Capital NRI Home Loans

    Many Indians have moved abroad in search of jobs or other commitments but would still like to buy a house in their motherland. To service the financial needs of NRIs to buy their home Tata Capital has introduced Tata Capital NRI Home Loans. These loans are specially designed for Tata Capital’s NRI customers and are offered at attractive interest rates. The various features and interest rates associated with these loans have been listed below.

    • Loan Amount: Tata Capital offers Home Loans ranging from Rs.2.10 lakh to Rs.10 crore for the purpose of construction of a residential property.
    • Flexible Tenure: Tata Capital offers flexible tenures on its Home Loans, ranging from 12 months to 120 months.
    • Customized Options: Loan Advisors from Tata Capital study the applicant’s financial needs and other variables involved in the servicing of the loan to arrive at the best Home Loan products for its customers.
    • Quick Processing: As most of the application process is online, the processing time for Tata Capital Home Loans is very low.

    Tata Capital Rural Housing Finance

    Tata Capital has introduced a scheme to provide for the financial needs of customers who would like to purchase or construct a house in Tier 2 and Tier 3 cities across India. The Rural Housing Finance scheme allows customers to avail Home Loan products from Tata Capital at attractive interest rates and relaxed repayment schedules. The various features and interest rates applicable to Tata Capital Rural Housing Finance have been listed below.

    Features

    • Interest rates applicable to these schemes are reasonable.
    • This loan facility is available in all Tier 2 and Tier 3 cities across India.
    • The Documentation, Verification and Loan Disbursement process is quick and hassle-free.
    • Tata Capital provides its customers with timely assistance to answer any questions posed by its customers.

    Tata Capital Prapti Home Loans (Affordable/Urban Housing Finance)

    Tata Capital’s Prapti Home Loan under the Pradhan Mantri Awas Yojana – Housing for All scheme is set up by Tata Capital to ensure the availability of funds to economically weaker sections of society and low income groups at low interest rates and charges with the objective of providing housing for all in India. The scheme will allow the recipient to use the funds for the construction of additional rooms, kitchen, toilet etc. It also allows the recipient to utilize the funds to purchase a new house or flat or to start a new construction. This scheme will cover all 4041 Statutory Towns as per the Census of 2011.

    Features of Capital Prapti Home Loans

    • Under the Pradhan Mantri Awas Yojana scheme the beneficiaries will receive a subsidy between Rs.1 lakh and Rs.2.3 lakh from the central government treasury. This subsidy will allow people from Low Income Categories and Economically Weaker Sections of society to afford housing.
    • From the date of disbursement of the loan for 15 years the beneficiary will enjoy a subsidized interest rate of 6.5%.
    • The subsidy will be available for loans up to Rs.6 lakhs. Loan amounts higher than Rs.6 lakh will not be subsidized.
    • This scheme is targeted towards female applicants, therefore, female applicants will get houses allotted faster.
    • Differently abled and aged applicants will receive preference for allotment of ground floor houses.
    • The Net Present Value of the subsidy on interest will be calculated at a discounted rate of 9%.
    • This scheme has no charges for processing or documentation.

    Tata Capital Switching and Refinancing Options

    Tata Capital is continually endeavouring to give customers a transparent, customer centric experience. Tata Capital’s brand proposition is “We only do what’s right for you.” Keeping their brand proposition in mind Tata Capital offers its customers the option to switch how their interest is calculated to reduce their total interest payment on a loan. All Tata Capital Home Loan customers are eligible to avail this facility by paying a nominal switching fee. Customers can opt to reduce their Equated Monthly Instalments (EMIs) by increase their loan tenure or increase their EMI payments by reducing their loan tenure.

    Switching Charges

    A customer may change his/her interest from a fixed interest rate to the prevailing floating rate of interest by paying a nominal switch charge. The switching fee will be calculated up to 50% of the differential interest rate on the principal amount outstanding. The switching fee can be a maximum of 1% of the principal amount outstanding. Additional service tax is applicable to this fee.

    Switching Procedure

    • The customer will need to contact Tata Capital via email or telephone to initiate a switching request.
    • Once the request is accepted by Tata Capital, a response indicative of the revised rate of interest and switching fee will be sent to the customer.
    • The customer will need to pay the switching fee via cheque in the name of TATA CAPITAL HOUSING FINANCE LIMITED.
    • The revised rate of interest will take effect on the date of realization of the cheque

    Tata Capital Home Loan Insurance

    Tata Capital offers its customers insurance for their home loan. Home Loan Insurance protects the borrower’s interests and the interests of his/her family. In case an event arises where a customer is unable to pay the EMIs on a home loan, the home loan insurance will protect the customer’s family from taking on the liability of the outstanding loan amount.

    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

    • Tata capital Home Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have taken the home loan service from TATA CAPITAL on last December the interest rate they offered was 8.25 the documents have been collected from my door step the payments where through online it was a excellent experience with TATA CAPITAL for my home loan service.
      Was this review helpful? 0
      , faridabad
      Reviewed on Nov 11, 2017
    • Tata capital Home Loan
      "excellent service"
      0.5 5.0/5 "Blown Away!"
      It was a pretty good service from TATA capital for my home loan service ,customer support and the other representatives of TATA capital is very helpful and responsible,even the documentation part was fine ,I can say the overall service is excellent from TATA capital for my home loan service.
      Was this review helpful? 0
      , kolkata
      Reviewed on Oct 10, 2017
    • Tata capital Home Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      TATA capital is giving the home loan in 9.75% interest rate and the processing fee is normal on the loan amount. Paper works are similar to the banks. The door step service was given and they disburse the loan very late as they took one year the loan amount. I had taken 28 laksh and the tenure is for 20 years.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 10, 2017
    • Tata capital Home Loan
      "Need Improvement"
      0.5 1.0/5 "Really Bad"
      I have applied home loan within TATA capital , but there customer support haven't reached me back even after I reached them. They have promised me that they will give a call back, but they haven't turned up . The customer support need to be customer centric. The response part need to be focused a lot., The interest rate and the charges were not explained by TATA CAPITAL .
      Was this review helpful? 0
      , pune
      Reviewed on Aug 28, 2017
    • Tata capital Home Loan
      "Customer friendly"
      0.5 4.0/5 "Great!"
      I purchased an apartment from the builder, TATA Capital gave me better interest rate and satisfactory home loan amount as per my request. I took the amount of Rs. 30 lakhs, there were some processing fee applicable, but it was nominal. I took the loan for the tenure of 20 years with an EMI of Rs.16,000.
      Was this review helpful? 0
      , mumbai
      Reviewed on Aug 22, 2017
    • Tata capital Home Loan
      "Very irresponsible home loan team/dept."
      0.5 0.5/5 "Unacceptable"
      When compared with their personal loan response I will give the home loan guys with -ve stars, the most irresponsible behavior seen so far, they are still contacting me from past 6 days, and their phone banking resps are just waste, dont even have branch numbers nor do they have any executive names, I have called them atleast 4-5 times after some ping from this department to that they have only one answer to say we will get back to you soon, emails are the most useless means, even after contacting their nodal officer they dont react. I just want to confirm one single thing and for that I have to do such magach mari, god forbid me from taking loan from these guys and other people should also stay awake before opting them.
      Was this review helpful? 0
      , pune
      Reviewed on Jul 28, 2017
    • Tata capital Home Loan
      "Extremely Poor Customer Care service "
      0.5 0.5/5 "Unacceptable"
      They lag ownership & responsibility for all the request you put. Closing and transferring is very painful .... they create hurdle at every step though their rep assure there will not be any in case you one want to transfer the home loan but in actaul its not correct . Its more than a month they are not returning my original document even though the amount was returned a month back. There system are always slow and down ..and they give excuse of not logging the complain . If you complain they disconnect the call without answering .... hopeless !! all i can say .
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jul 10, 2017
    • Tata capital Home Loan
      "Its Excellent"
      0.5 4.0/5 "Great!"
      TATA Capital interest rate is good, when compared with other banks, their executive are supportive and responded well, they came and collected the documents. They were saying nearly process take ten days to process and sanction my home loan. As of now everything is really good.
      Was this review helpful? 0
      , nagpur
      Reviewed on Jul 04, 2017
    • Tata capital Home Loan
      "Loan processing part has to be improved"
      0.5 3.0/5 "Satisfactory"
      Tata Capital approached me very faster but the processing time is not upto the mark, I am going to finalize apartment its ready to occupy condition, they agreed to process 85% of loan on the property value with the interest rate of 8.5% its good and their will charge the processing fee 3800 rupees. All formalities were completed with Tata Capital, waiting for the disbursement.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jun 13, 2017
    • Tata capital Home Loan
      "Back end team should give proactive customer"
      0.5 4.0/5 "Great!"
      I had taken the home loan from Tata Capital, initially they offered me an interest rate of around 10% this was taken two years back. Finally, Tata Capital offered me the interest rate around 9.5% then I had done the balance transfer with PNB housing, they gave me interest rate of 8.5%, But Tata Capital took a long time to provide the NOC, back office work should be done faster.
      Was this review helpful? 0
      , ghaziabad
      Reviewed on Jun 07, 2017
    • 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? 1
      , 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? 1
      , 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? 2
      , 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
    Common Loader Icon
     Loading your search... Loading your search...
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.