Overview
TATA Capital Home Loan
In today’s fast-paced world, owning a home is a dream that many aspire to achieve. Tata Capital, a trusted name in the financial services industry, has been helping individuals realize this dream with its range of home loan products. With competitive interest rates, flexible repayment options, and a commitment to customer satisfaction, Tata Capital is your ideal partner in the journey towards homeownership.
Rate of Interest
8.70% - 10%
Loan to Value
80% - 85%
Loan Tenure
Max 30 Years
Max Loan Amount
Upto 5cr
Rate of Interest | 8.70% - 10% |
Loan Tenure | Max 30 Years |
Eligibility | Age • Salaried : 24 - 60 years • Self Employed : 24 - 65 years Profession • Salaried/Self Employed Income • Metro Cities : 20,000/Month & Above • Other Cities : 15,000/Month & Above Nationality • Resident Indian • NRI |
Max Loan Amount | Upto 5cr |
Property Supported | Plot Purchase / Independent Building / Apartment / Re Sale Property |
LTV | 80% - 85% |
Offerings | Plot Loan / Construction Loan / Balance Transfer |
Addons | Top up / Interior Loan / Extension Loan |
Processing Fees | 0.5% of the loan amount + GST |
Other Charges | Notary / Franking = 1500-2500 / MODT - 0.2% - 0.7% of your loan amount (based on your state) / Legal - 2000 - 3000 |
Overdraft Facilities | |
Balance Transfer | |
Highlights | • Does Tricky customer profile and properties • Good TAT on Login and Sanction • Online Prepayments are Easy and simple • Average After Sales Support |
*Disclaimer: The interest rate, maximum tenure, and other charges are subject to change, it's advisable to check with our experts for the latest information.
Loan Amount | ₹ 50,00,000 |
Loan Tenure | 20 years |
Rate of Interest | 8.70% - 10% |
Monthly EMI | ₹ 44,026 - ₹ 48,251 |
Eligibility Criteria for Tata Capital Home Loan
Criteria | Salaried Applicants | Self-employed Applicants |
---|---|---|
Age Range | 18 to 65 years | 18 to 65 years |
Nationality | Indian/NRI | Indian/NRI |
Minimum Monthly Income | Rs. 30,000 | As per bank’s norms |
Maximum Age at Final Repayment | 65 years | 65 years |
Additional Eligibility Criteria:
- Indian residents and Non-Resident Indians (NRIs) aged 18 to 65 years.
- Co-applicants should be aged 21 to 65 years.
- Minimum Employment History: 2 years for salaried and 3 years for self-employed.
Calculate your Tata Capital home loan eligibility and unlock exclusive offers for you!
Tata Capital Home Loan Interest Rates
Regular Home Loan
Particulars | Salaried | Self-Employed |
---|---|---|
Loan amount | ₹ 5 lakhs to ₹ 5 crores | ₹ 5 lakhs to ₹ 5 crores |
Loan tenure | Upto 30 years | Upto 30 years |
Interest Rate | 8.75% per annum | Starting rate @ 8.85% |
Talk to our Home Loan Experts
If you’re looking to choose the right home loan perfectly made according to your needs, then book a call with our experts here.
Tata Capital Home Loan Processing Fee and Charges
Processing Fees
Loan Slab | Processing Fee |
---|---|
Up to Rs. 25 lakh | Upto 2% of loan amount |
Above Rs. 25 lakh | Upto 2% of loan amount |
Other Charges on Home Loans
Service | Charges |
---|---|
Prepayment Charges | NIL for prepayment with own funds |
Delayed EMI Payments | 2.36% per month on the defaulted amount |
Document retrieval charges | Rs 2,000 |
Providing document list | Rs 500 |
Photocopies of title documents | Rs 1,000 |
Cheque bounce charges | Rs 500 |
ECS/NACH dishonor charges | Rs 300 |
Documents Required for Tata Capital Home Loan
Identity Documents
Document Name | Salaried Applicants | Self-employed Applicants | NRI Applicants |
---|---|---|---|
Passport | ✔ | ✔ | ✔ |
Driving License | ✔ | ✔ | ✔ |
Life Insurance Policy | ✔ | ✔ | ✔ |
Birth Certificate | ✔ | ✔ | ✔ |
PAN Card | ✔ | ✔ | ✔ |
School Leaving Certificate | ✔ | ✔ | ✔ |
Voter ID Card | ✔ | ✔ | ✔ |
Aadhaar Card | ✔ | ✔ | ✔ |
Passport-sized Photographs | ✔ | ✔ | ✔ |
Income Documents
Document Name | Salaried Applicants | Self-employed Applicants | NRI Applicants |
---|---|---|---|
Salary Slips for the last 3 months | ✔ | ✖ | ✔ |
Salary Bank Account Statements | ✔ | ✖ | ✔ |
Appointment letter | ✔ | ✖ | ✔ |
Yearly increment letter | ✔ | ✖ | ✔ |
Certified true copy of Form 16 | ✔ | ✖ | ✔ |
Income Tax Returns (last 2 years) | ✖ | ✔ | ✖ |
Business Profile on letterhead | ✖ | ✔ | ✖ |
Business Registration Certificate | ✖ | ✔ | ✖ |
Profit & Loss Projection Statement (2 years) | ✖ | ✔ | ✖ |
Operative current account statement | ✖ | ✔ | ✖ |
Bank statements for CC/OD facilities | ✖ | ✔ | ✖ |
Pay slips for the last 6 months | ✖ | ✖ | ✔ |
Overseas salary account details | ✖ | ✖ | ✔ |
Credit Report of current country of residence | ✖ | ✖ | ✔ |
Other Documents
Document Name | Salaried Applicants | Self-employed Applicants | NRI Applicants |
---|---|---|---|
Duly signed application form | ✔ | ✔ | ✔ |
Proof of ownership of property | ✔ | ✔ | ✔ |
Allotment letter from society | ✔ | ✔ | ✔ |
Up to date tax paid receipt | ✔ | ✔ | ✔ |
Processing Fee Cheque | ✔ | ✔ | ✔ |
Existing loan details | ✔ | ✔ | ✔ |
Employment stability documents | ✖ | ✖ | ✔ |
Tata Capital Home Loan Schemes and Top Plans
Comparison
Feature | Regular Home Loan | Home Extension Loan | Overdraft Loan | Home Loan Balance Transfer | Top-Up Loan | Affordable Housing Loan | Self Construction Loan |
---|---|---|---|---|---|---|---|
Type of Loan | Home Loan | Home Extension Loan | Overdraft Loan | Balance Transfer Loan | Top-Up Loan | Affordable Housing Loan | Self Construction Loan |
Minimum Loan Amount | ₹1 lakh | ₹2 lakh | ₹5 lakh | ₹1 lakh | ₹1 lakh | ₹2 lakh | ₹5 lakh |
Maximum Loan Amount | ₹5 crore | ₹5 crore | ₹2 crore | ₹5 crore | Need Basis | Need Basis | ₹5 crore |
Interest Rate | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | 10.10% p.a. onwards | 8.75% p.a. onwards |
Tenure | Up to 30 years | Up to 30 years | Up to 15 years | Up to 30 years | Up to home loan tenure | Up to 30 years | Up to 30 years |
Eligible Applicants | Salaried/Self-employed | Salaried/Self-employed | Salaried/Self-employed | Salaried/Self-employed | Salaried/Self-employed | Salaried/Self-employed | Salaried/Self-employed |
Special Features | – | For home extensions | For overdraft needs | Transfer existing loan | For additional funds | For affordable housing | For self construction |
Additional Benefits | – | Easy Eligibility Criteria Easy Repayment | High Home Loan OD Limit | Lower interest rates | Easy documentation | Doorstep Service | Instant Approval |
Details
Tata Capital Regular Home Loan
- Type of Loan: Home Loan
- Minimum Loan Amount: ₹1 lakh
- Maximum Loan Amount: ₹5 crore
- Interest Rate: From 8.75% p.a. onwards
- Tenure: Up to 30 years
- Eligible Applicants: Salaried/Self-employed
Tata Capital Home Extension Loan
- Type of Loan: Home Extension Loan
- Minimum Loan Amount: ₹2 lakh
- Maximum Loan Amount: ₹5 crore
- Interest Rate: From 8.75% p.a. onwards
- Tenure: Up to 30 years
- Eligible Applicants: Salaried/Self-employed
Tata Capital Overdraft Loan
- Type of Loan: Overdraft Loan
- Minimum Loan Amount: ₹5 lakh
- Maximum Loan Amount: ₹2 crore
- Interest Rate: From 8.75% p.a. onwards
- Tenure: Up to 15 years
- Eligible Applicants: Salaried/Self-employed
Tata Capital Home Loan Balance Transfer
- Type of Loan: Balance Transfer Loan
- Minimum Loan Amount: ₹1 lakh
- Maximum Loan Amount: ₹5 crore
- Interest Rate: From 8.75% p.a. onwards
- Tenure: Up to 30 years
- Eligible Applicants: Salaried/Self-employed
Tata Capital Top-Up Loan
- Type of Loan: Top-Up Loan
- Minimum Loan Amount: ₹1 lakh
- Maximum Loan Amount: Need Basis
- Interest Rate: From 8.75% p.a. onwards
- Tenure: Up to home loan tenure
- Eligible Applicants: Salaried/Self-employed
Tata Capital Affordable Housing Loan
- Type of Loan: Affordable Housing Loan
- Minimum Loan Amount: ₹2 lakh
- Maximum Loan Amount: Need Basis
- Interest Rate: From 10.10% p.a. onwards
- Tenure: Up to 30 years
- Eligible Applicants: Salaried/Self-employed
Tata Capital Self Construction Loan
- Type of Loan: Self Construction Loan
- Minimum Loan Amount: ₹5 lakh
- Maximum Loan Amount: ₹5 crore
- Interest Rate: From 8.75% p.a. onwards
- Tenure: Up to 30 years
- Eligible Applicants: Salaried/Self-employed
How to Apply for a Home Loan?
- Fill Online Form
Access Tata’s online home loan application form here. It should take approximately 10 to 15 minutes to complete. - Upload Documents
Upload self-attested copies of the required documents. Upon receipt, we will begin the verification process. - Expert Inspection
Experts will inspect the property and provide on-spot approval for your house loan. - Loan Disbursal
You will receive the loan amount in your bank account within 3 to 5 working days.
Do not want to get into this hassle? Get TATA Capital’s best rates in a single call.
Comparison
You can also compare the home loan rates of different banks here. For detailed comparison between top banks you can visit our compare banks page.
Bank | Up to Rs. 30 Lakh | Above Rs. 30 Lakh to Rs. 75 Lakh | Above Rs. 75 Lakh |
---|---|---|---|
SBI Bank | 8.5% p.a. onwards | 8.5% p.a. onwards | 8.5% p.a. onwards |
HDFC Bank | 8.7% p.a. onwards | 8.7% p.a. onwards | 8.7% p.a. onwards |
LIC Bank | 8.50% – 10.35% p.a. | 8.50% – 10.55% p.a. | 8.50% – 10.75% p.a. |
ICICI Bank | 8.85% p.a. onwards | 8.85% p.a. onwards | 8.85% p.a. onwards |
Kotak Mahindra Bank | 8.70% p.a. onwards | 8.70% p.a. onwards | 8.70% p.a. onwards |
Punjab National Bank | 8.40% – 12.10% p.a. | 8.40% – 12.10% p.a. | 8.40% – 12.10% p.a. |
Bank Of Baroda | 8.40% – 10.65% p.a. | 8.40% – 10.65% p.a. | 8.40% – 10.90% p.a. |
Bajaj Housing Finance | 8.50% p.a. onwards | 8.50% p.a. onwards | 8.50% p.a. onwards |
Axis Bank | 8.75%-13.30% p.a. | 8.75%-13.30% p.a. | 8.75%-9.65% p.a. |
Bank of India | 8.4% p.a onwards | 8.4% p.a onwards | 8.4% p.a onwards |
TATA Capital | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
The maximum tenure for the home loan is 30 years. However, the tenure can change based on the scheme.
Offers both fixed and floating interest rate options for home loans. With a fixed rate, the interest remains constant throughout the loan tenure. With a floating rate, it fluctuates with market conditions.
The interest rate for TATA Housing Finance Limited Home Loan is determined based on your CIBIL score, job profile, income, debt-to-income ratio, and the benchmark rate of lending.
You can calculate the EMI for using Credit Dharma’s online EMI Calculator