CreditMantri matches your credit and demographic profile to Tata Capital Home Loan lending criteria - others just match your demographic criteria. We shortlist lenders willing to lend to you based on our proprietary matching algorithm.
In effect, we pre-screen your application to make sure you are likely to qualify as per the lender’s credit criteria. We upfront check whether you qualify for Tata Capital Home Loan. Hence the chances of your Tata Capital Home Loan application getting approved is higher.
Tata Capital Limited was incorporated in 2007 and is a subsidiary of the well-known Tata Sons Limited. It offers a variety of finance products for retail, corporate and institutional customers. Tata Capital Financial Services Limited has more than 100 branches across India.
Buy your dream home with ease! Pay with Flexi EMIs, built to help you ease off your monthly outflow. Tata Capital Home Loan offer suits all kinds of budget and needs, has convenient repayment options and a speedy approval process.
You can use the home loan to:
You can avail home loans to up to a maximum of Rs. 10 crores from Tata Capital for a home loan.
Tata Capital offers loan tenures ranging from 12 months to 360 months to suit your budget and needs.
Flexi EMIs with Higher Home Loan Eligibility
Tata Capital offers Flexi EMIs schemes which make you eligible for a higher loan amount. It offers multiple repayment options that suit your financial situation. You can choose from options like Step Up and Bullet repayment.
Once you decide to apply for a Home Loan in Tata Capital, Tata representatives will visit your residence and assist with the documentation process.
Browse from the list of Approved Projects
You can choose your dream home from a list of Approved Projects by Tata Capital which removes worry about having clear title deeds.
Multiple repayment options
Step Up Flexi EMI plan:
By availing this plan, you can increase your monthly EMIs every year to match the increase in your annual income. This gradual annual increase helps you repay your home loan quickly without leaving you taxed financially.
You can opt for this plan if you feel your EMIs are burning a hole in your pocket. It gives you the freedom to increase your EMI along with your annual increase in salary.
Only salaried employees are eligible for this kind of EMI mode.
Balance Transfer facility
A home loan balance transfer facility is also available, where you can transfer your existing home loan with another financial institution for a better interest rate with Tata Capital.
Nil Foreclosure charges
Zero foreclosure charges are applicable where you are servicing a home loan that has a floating rate of interest. If the interest rate on the loan is fixed and you are pre-closing the loan, a 2% fee plus taxes will be charged on the principal outstanding and all part payments.
Tata Capital Home Loan offers a range of interest rates on the portfolio of home loan products. For the latest interest rates, it is advisable to contact the company.
The following are the eligibility criteria for salaried employees, self-employed professionals, and self-employed non-professionals:
Above 24 years of age at the time of commencement of the loan.
Up to 65 years of age, or retirement age, whichever is earlier at the time maturity of the loan.
In order to check your eligibility for a home loan from Tata Capital, you can also use the Online Eligibility Calculator on their website. The loan amount you would be eligible for depends on various criteria like your net monthly income, your age, any other loan commitments you might already have, the cost of the property for which you require a loan, the tenure of the loan etc.
For salaried employees:
For the self-employed professional:
For self-employed non-professionals
What is the maximum loan amount that I can avail?
The maximum loan amount you can apply for is Rs. 10 Crore. However, the loan amount cannot exceed 80% of the market value of the property you are considering to buy.
I am self-employed. Am I eligible for Flexi EMI paying option?
No, only salaried employees are eligible for availing the Flexi EMI paying scheme.
What are the options for repaying the home loan?
You can choose to repay your loan by the following options:
Can I make a part prepayment on my loan?
Prepayment of your loan amount is allowed on the following terms:
You can make a prepayment of up to 25% of your loan amount—without incurring any prepayment charges.
If the prepayment amount exceeds 25% of your total loan amount—you will be charged 2% of the outstanding loan amount.
You can avail of a Home Loan from Tata Capital in order to construct your house, or purchase an independent bungalow/flat, buy a resale property or to extend your house (for example, add a floor or two). You can check your eligibility online and determine your estimated EMI costs to decide what kind of loan you can afford.
You can apply for Tata Home Loan in the following ways:
You can do a Tata Capital Home Loan status check by contacting any of their branches or online. In order to track your Home Loan application online, you need to input your loan application number/mobile number and date of birth.
Alternatively, if you think you need help with your Home Loan application and advice on loan-eligibility, CreditMantri can guide you through the entire process and match you with the loan offer that best suits your profile.