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Tata Capital Home Loan
Tata Capital’s home loan offerings are just what you need. It comes with several options and benefits that have been specially designed to make your dream home through a Tata Capital home loan a reality.
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Tata Capital Home Loan
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Tata Capital Home LoanHere are a few factors
| Location | 50Km from Branch |
| CIBIL Score | 650+ |
| Applicant | Any Salaried or Self Employed Person |
| Applicant Age | Salaried-22
Year to 60 Year Govt Employee 21 year-65 Years Self Employed-22 Year to 70 Year |
| Loan Amount & Tenure | 30
Lac to 7 Cr (Salaried 10 year to 30 year, Self Employed 10 year to 20 Year) |
| Login Fees | 5900 |
| Rate of Interest & Type | Salaried:8.70%
to 11% Self Employed: 8.90% to 11% |
| TAT | Salaried-3
Days Self Employed -7 days |
| Processing Fees | 0.25% |
| Insurance & Other Charges | Insurance Charges:1%-4% |
| Foreclosure Charges | Nil for Individual & 2% for other than individual |
| Minimum Income | Which is fit to cover EMI |
| Lock In Period | 6 Month |
| Part Payment Allowed | Yes |
| Home Loan OD Product | No |
| LTV | 100% of Registry Value or 75% of Market Value which ever is lower |
| Product | New
Home Purchase, Plot Purchase, Plot Purchase+Construction, Construction Loan,
Home Renovation, BT+Topup |
| Program | 1.Banking Program 2. Income Program |
| CO - Applicant | Yes |
| FOIR | 60% of Net Salary, 100% FOIR for Self Employed |
| Negative Profile | 1.
Cash Salary 2. Without ITR |
| Funded Property Type | (i)
Residential Property (ii) Residential Plot Purchase (iii) Residential Plot Purchase & Construction |
| Negative Property | Basement, Bachha Flat |
| Accepted Collateral | Approved Property, Dual Unit without MAP, Lal Dora |
| Business Vintage for Self Employed Person | 2 Year |
| Minimum Job Experience for Salaried Person | 1 Year |
| Experience with Current Employer | 3 Month |
| Any Specific Product for Professionals | Yes, Lower ROI for CA & Doctors |
| USP | Home Loan to NRI |
Tata Capital Home Loan EMI Calculator
Interest Type
Loan Amount
Interest Rate
Loan Tenure
| Loan Amount | ₹100,000 |
| Interest % | 8 % |
| Tenure (months) | 12 |
| Emi (monthly) | ₹ 8,699 |
| Total Interest | ₹ 4,386 |
| Loan Amount + Interest | ₹ 104,386 |
| Year | Total Principal ( A ) | Total Interest ( B ) | Balance ( A + B) | Total Payment | Loan Paid Till Date (%) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ₹ 100,002 | ₹ 4,386 | ₹ 104,388 | ₹ 0 | 100.00 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Required Documents to Apply for Tata Capital Home Loan
Salaried income documents
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KYC of applicant & Co-Applicant
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Last 3 Month Salary Slip of Applicant
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Last 12 month Bank Statement of applicant & co-applicant
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Last 3 year ITR with computation of income of applicant & co-applicant
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Last 2 Year Form 16 of applicant
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26AS of last 2 year of applicant & co-applicant
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Appointment letter of applicant if available
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Agreement to Sale if purchase case
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Property Paper with complete chain of last 13 years
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Approved MAP of Property if available
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LOD (List of documents), Foreclosure Statement & SOA (Statement of account) if BT case
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Sanction letter of all running loan
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Latest utility Bill if owned residence or rent agreement if rented
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2 Reference with contact details
Self Employed person documents
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KYC of applicant & Co-Applicant
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Last 3 year ITR with computation of income of applicant & co-applicant
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Last 3 year audited balance sheet of applicant
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Last 3 year Tax audit report of applicant
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Last 12 month Bank Statement of applicant & co-applicant
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26AS of last 2 year of applicant & co-applicant
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Copy of GST registration
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Copy of MSME registration
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Copy of Last 12 month GST return
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Agreement to Sale if new purchase case
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Property Paper with complete chain of last 13 years
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Approved MAP of Property if available
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LOD (List of documents), Foreclosure Statement & SOA (Statement of account) if BT case
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Sanction letter of all running loan
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Debt Sheet
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Latest utility Bill of residence if owned or rent agreement if rented
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Latest utility Bill of Office if owned or rent agreement if rented
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2 Reference with contact details
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Last 3 year Debtors & Creditors on letter head
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List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP
Some Important Points
If Applicant is
- Company-MOA, AOA, COI , PAN Card
- Partnership Firm/LLP- Partnership Deed & PAN Card
- Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
- KYC means Adhaar Card, PAN Card, Passport Size Photo
Co-Applicant means in case of
- Company : Directors
- Partnership firm/LLP : Partners
- Proprietorship Firm : Spouse of Proprietor
3. If applicant is professional, then his professional degree is required
About TATA CAPITAL Home Loan
It doesn’t matter if you are building a home for the first time or moving to an existing one, Tata Capital’s home loan offerings are just what you need. Further, our housing loans come with several options and benefits that have been specially designed to make your dream home through a Tata Capital home loan a reality. If you are looking for a loan to purchase your dream home, Tata Capital has a plethora of options for you. We offer home loans that range from Rs. 5 lakhs to Rs. 5 crores, and start at an interest rate of just 7.75%. This means you can use the loan amount to pay the seller or builder in installments without having to worry about higher interest rates. Just think of it as a constant investment in your home—the biggest investment of your life!
Here are a few factors about Tata Capital Home Loan
| Mode of Process | |
| Lending Size and Tenure | 5 Lacs- 5 Crore (Upto 13 Years) |
| ROI | 7.75%* onwards |
| Processing Fees | 0.5% of the loan amount onwards + GST |
| Foreclosure | No Foreclosure Charges |
| Partial Payment Allowance | No |
| USP | You can choose your loan amount, EMI plan, and tenure as per your convenience and repayment capability to repay |
| Delayed Payment Charges | 2% in existing interest rate |
Start with TATA CAPITAL HOME LOAN in few steps
If you are planning to apply for a home loan at tata capital home loan there are certain details that you should be aware of, Let’s discuss
Visit Our Website
For the first step, you will have to visit our website to explore the loan options that fit your needs.
Select and Apply
Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.
Submit Your Document
One of the most important steps. Now you will have to submit all the required documents digitally.
Enjoy Your Financial Freedom!
Once your application is approved based on your eligibility, you will receive your loan amount shortly.
FREQUENTLY ASKED QUESTIONS
Yes, it does impact your eligibility not just for Home loans but all sorts of financial support. In simple terms, a CIBIL score is a numerical value assigned to you based on your credit history and indicates how likely you are to repay any money borrowed by you.
Before you apply for a home loan, it is important to know what factors determine your eligibility. This is because some factors are within your control while others are outside of your control. The factors that influence your eligibility are the age of the borrower and co-borrower, financial background, work experience, income, and the CIBIL score of the borrower. A CIBIL score of 750+ should improve a borrower's chances of getting his or her preferred type of loan.
The minimum salary requirement for a salaried individual is 30,000.
Adding a co-applicant would mean an additional income source for your repayment capacity. One of the best ways to increase home loan eligibility is by having co-owners and co-applicants. A co-applicant gives you more flexibility in arranging funds and other accommodation options to ensure lower EMI's and better repayment capacity.
Yes, you can apply for a Tata Capital home loan even if you have an ongoing loan. Although you will have to submit the existing loan document to Tata Capital with the application.
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