Here are a few factors

Rating 4.5 /
Total - 258 ratings
5
168
4
63
3
17
2
7
1
3
Location 50Km from Branch
CIBIL Score 600+
Applicant Any Salaried & Self Employed
Applicant Age (i) Salaried: 21 year to 65 Year
(ii) Self Employed: 21 Year to 70 Year
Loan Amount & Tenure 30 Lac- 5 Cr
( 5 Year to 15 Year) 
Login Fees 5900
Rate of Interest & Type 10%-14% (Reducing)
TAT 5 days
Processing Fees 1%-1.50%
Foreclosure Charges Upto 4%
Insurance As per Age of Applicant
Minimum Business Vintage 2 Year
Lock In Period 12 month
Part Payment Allowed No
LTV (i) Residential-70% (ii) Commercial-60% (iii) Industrial-55% (iv) Plot-50%
(v) if residential property is rented/vacant then LTV will be 5% lower
(vi) If Commercial/Industrial Property Purchase/vacant/rented then LTV will be 5% lower 
Product (i) Fresh Loan (ii) BT+Topup (iii) Commercial & Industrial Purchase (iv) Lease Rental Discounting
Program (i) Banking Program-4 Cr
(ii) GST Product-5 Cr
(iii) Income Program-5 CR
(iv) Lease Rental Discounting-5 Cr
(v) Low LTV-1 Cr
(vi) RTR Program-3 Cr (18 Month Track)
(vii) LIP Program-2 Cr
FOIR (i) Salaried:<50k-60%,50K-1 Lac-65%, >1 lac-70% (ii) Self Employed-90% of Cash Profit 
Cautious Profile (i)Advocate (ii) NBFC
Negative Profile (i) Politician (ii) Share Traders (iii) Police(iv) DSA (v) Applicant living in dominated area (vi) Real Estate
Funded Property (i) Residential Property (ii) Commercial Property (iii) Industrial Property
(iv) Mall & Commercial Complex Property (v) Plot (vi) Godown & warehouse (vii) Lal Dora
(viii) Khasra & Khatauni (ix) Single Sale Deed (x) Stone Slab property
(xi)Gift Deed & Subject to Gift Deed (xii) Subject to Sale Deed (xiii) Resi Cum Nursing Home
(xiv) Auction Property before 3year
Negative Property (i) Lease hold Property without PTM (ii)Stand Alone Basement (iii) Demolition List Property
(iv) PG Property (v) GPA Property (vi) Unapproved Freehold Property (vii) Unapproved Farm House 
Accepted Collateral Other than Negative Property
Specific Property wise Funding Limit (i) Lal Dora-45 Lac (ii) Single Sale Deed Property-45 Lac (iii) Legal & Technical not Clear-45 Lac
(iv) 1 year old Sale Deed from GPA after 2011-45 Lac
Any Specific  Product for Professionals No
USP Upto 4 Cr No financial Required 
Additional (i) DOD Product not Doing (ii) If Property in demolition list then on Plot Value loan is doing
Tata Housing Development Company is a fully owned subsidiary of Tata Sons, a holding company of the Tata Group. Its primary business is development of residential, commercial and retail properties. With their projects spanning over the spheres of residential, commercial and corporate construction, Tata Housing aims to deliver excellence and comfort, with a touch of fairness and transparency.
01
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

02
Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

03
Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

04
Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

Right Documents - Easy Process

Required Documents to Apply for Tata Housing Loan Against Property

Salaried income documents

  • KYC of applicant & Co-Applicant
  • Last 3 Month Salary Slip of Applicant
  • Last 12 month Bank Statement of applicant & co-applicant
  • Last 3 year ITR with computation of income of applicant & co-applicant
  • Last 2 Year Form 16 of applicant
  • 26AS of last 2 year of applicant & co-applicant
  • Appointment letter of applicant if available
  • Agreement to Sale if purchase case
  • Property Paper with complete chain of last 13 years
  • LOD (List of documents), Foreclosure Statement & SOA (Statement of account) if BT case
  • Sanction letter of all running loan
  • Latest utility Bill if owned residence or rent agreement if rented
  • 2 Reference with contact details

Self Employed person documents

  • KYC of applicant & Co-Applicant
  • Last 3 year ITR with computation of income of applicant & co-applicant
  • Last 3 year audited balance sheet of applicant
  • Last 3 year Tax audit report of applicant
  • Last 12 month Bank Statement of applicant & co-applicant
  • 26AS of last 2 year of applicant & co-applicant
  • Copy of GST registration
  • Copy of MSME registration
  • Copy of Last 12 month GST return
  • Agreement to Sale if purchase case
  • Property Paper with complete chain of last 13 years
  • LOD (List of documents), Foreclosure Statement & SOA (Statement of account) if BT case
  • Sanction letter of all running loan
  • Debt Sheet
  • Latest utility Bill of residence if owned or rent agreement if rented
  • Latest utility Bill of Office if owned or rent agreement if rented
  • 2 Reference with contact details
  • Last 3 year Debtors & Creditors on letter head
  • List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP

Some Important Points

1. KYC Means
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
For Co-Applicant
  • 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
2. If LAP is applied with Government Bank then 30 year chain is required
3. If applicant is professional, then his professional degree is required

Note : Tata Housing Loan Against Property may ask for additional documents based on the applicant’s profile. The above list is for reference purposes only.

Leave Your Question

FREQUENTLY ASKED QUESTIONS

The Interest for Tata Housing Loan Against Property is more than 10.10% per annum depending upon the conditions of the loan taken.

The Loan against property offered by Tata Housing can be taken for a maximum duration of 15 years or180 months.

Tata Housing LAP allows a loan of a maximum amount of 3 crores. However, the exact cap can be known on the basis of the property only.

A person must be at least 25 years old in order to apply for Tata Housing LAP.

For a salaried employee or Self-employed, he/she must have a salary or net profit of 2.4 Lakh rupees in order to apply for Tata LAP.