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Tata Capital Home Loan is one of the ideal options for those looking to buy a own house. You can get a credit line even if you are planning to construct your house. The home loan offers an attractive interest rate starting from 8.50%
per annum with a good repayment period and various EMI options.
Moreover, Tata housing loan involves minimum documentation in a seamless manner. Buying your dream can be easy with Tata Capital Home Loan!
Tata Capital Home Loan provides financial help to purchase or construct a home. It offers loans from Rs. 2 lakh to Rs. 5 crores with an affordable interest rate of 8.50% p.a. Tata Capital offers you home loan amount tenure and EMI period as per your convenience.
To avail Tata home loan, you must meet some basic requirements, such as-
Age between 24 to 65 years
You should be either a salaried or self-employed professional
The CIBIL Score must be 750 or above
If you are a salaried person, then you must earn Rs. 30,000 a month.
Applicant should have a minimum 2 years of experience
Self-employed and entrepreneurs must have at least three years of experience in the same field
In case of NRI, then you must be within the age group of 24-65 years and should be a salaried individual with at least three years of experience
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This type of Tata Capital Home Loan is an ideal choice for the people who are looking to expand or enhance their home.
The process is simple and you can repay the loan as per your convenience.
Particulars | Details |
---|---|
Loan Amount | Rs. 2,00,000 - 5,00,00,000 |
Loan Tenure | Up to 30 years |
Interest Rate | 8.50% |
It enables you to pay the EMI amount, which remains the same for the whole loan period. You can avail this if you have a regular income.
It offers full flexibility for the EMIs. It provides you with repayment of lower EMI at the beginning. As your salary increases, you can pay higher EMIs and it is ideal when your income grows at regular intervals.
Under this plan, you can pay higher EMI in the beginning and pay lower EMI at the end. This plan helps you to reduce interest substantially and helps in finance management. The plan is perfect for the ones who have a high disposable income.
This plan enables you to pay a principal amount in parts along with EMIs. It reduces the interest and you will have higher home extension loan eligibility. The plan is perfect for the people those who receive periodic incentives at work.
Tata Capital NRI Home Loan assists NRIs to own a house in India without any hassles. NRIs are aided with flexible repayment options with minimum paperwork and you will get expert advice in every step.
For NRIs the pre closure charges is up to 1.50%
The interest rate and other charges for Tata Capital NRI Home Loan are as follows:
Particulars | Details |
---|---|
Interest rate | 9% p.a. onwards |
Loan amount | Minimum - Rs. 2 lakh, Maximum - Rs. 10 crore |
Processing fees | Up to 1.50% |
Loan tenure | Minimum- 15 years, Maximum- 150 years |
Pre-closure | Up to 1.50% |
Under this plan, you are allowed to pay the principal amount with a consistent interest for the loan tenure. Your EMI remains the same for the entire home loan period.
This plan offers flexibility to pay lower EMIs in the beginning of the loan and as there is a hike in your salary you pay higher EMIs. It assists you to manage income flow efficiently and this plan is ideal for the people whose income increases at regular intervals.
The PMAY scheme is initiated by the Government of India to provide affordable housing for all by the year 2022. The loan is given to the Economically Weaker Section (EWS), Low Income Group (LIG) and Middle Income Group (MIG).
Category | Annual Income | Carpet Area (in square meters) | Female Ownership or Co-Ownership |
---|---|---|---|
EWS | Upto Rs. 3 lakhs | Must not exceed 30 sq.MTS | Mandatory |
LIG | Rs. 3 lakhs to 6 lakhs | Must not exceed 60 sq.mts | Mandatory |
MIG I | Rs. 6 lakhs to 12 lakhs | Must not exceed 160 sq.mts | Optional |
MIG II | Rs. 12 lakhs to 18 lakhs | Must not exceed 200 sq.mts | Optional |
You can reach Tata Capital customer care with the help of toll-free numbers. You can get connected with the customer care executive to resolve your queries related to Tata products and services.
The customer care numbers are mentioned below:
Particulars | Details |
---|---|
Toll-free Number | 1800-209-6060 |
Non-toll-free number | 91-22-6745-9000 |
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