Apply for Tata Capital Home Loan

Why apply through CreditMantri

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.

9.50%

best rate

0.2% *

processing fee

25 yrs

max tenure

  • Flexi EMIs with Higher Loan Eligibility
  • Minimum Documentation and Verification
  • Quick processing and Attractive Rates
  • Approved Projects
  • Interest Rate: 9.50% p.a. Salaried Only
  • Self employed – 10.20% p.a Onwards
  • Loan Against Property – 12.5% Onwards
  • Processing Fee: 0.2%
  • Application form with photograph
  • ID proof (any one) - PAN,Passport,Driver's license, Voter ID
  • Address proof (any one) - Utility bill, Ration card, Employers letter, Bank statement , office address proof (self employed)
  • Salaried - Salary slip and bank statement for 3 months, Self employed - Office address proof, Last 2 years IT return attested by CA, bank statement for 6 months
  • Property related documents, Processing fee cheque

About Tata Capital Limited

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.

Tata Capital Home Loan

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:

  • Purchase a plot of land for construction of your home
  • Build a house
  • Buy a house/apartment
  • Extend/remodel/renovate your home
  • Buy a resale property
  • Pay off an existing home loan from another financial provider

Tata Capital Home Loan Features

Loan amount

You can avail home loans to up to a maximum of Rs. 10 crores from Tata Capital for a home loan.

Longer Tenure

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.

Doorstep Service

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 Interest Rate

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.

Tata Capital Home Loan Eligibility

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.

Tata Capital Home Loan Documents Required

For salaried employees:

  • Completed application form with recent photograph
  • Proof of Identity - Passport Copy/ Voter ID card/ Driving License/ PAN Card (any one document to be submitted)
  • Address Proof - Ration card/ Telephone Bill/ Electricity Bill/ Rental agreement / Passport copy/ Bank Passbook or Statement/Driving License (any one to be submitted)
  • Proof of age - PAN Card, Passport, Birth Certificate
  • Bank statements for the last six months
  • Last three months’ salary slips/salary certificate
  • Form 16 - issued by the employer
  • Processing Fee Cheque

For the self-employed professional:

  • Completed application form with recent photograph
  • Proof of Identity - Passport Copy/ Voter ID card/ Driving License/ PAN Card (any one document to be submitted)
  • Address Proof - Ration card/ Telephone Bill/ Electricity Bill/ Rental agreement / Passport copy/ Bank Passbook or Statement/Driving License (any one to be submitted)
  • Proof of age - PAN Card, Passport, Birth Certificate
  • Education Qualifications Certificate and Proof of business existence
  • Last 3 years Income Tax returns (self and business)
  • Last 3 years Profit/Loss statement and Balance Sheet
  • Last 6 months bank statements
  • Processing fee cheque

For self-employed non-professionals

  • Completed application form with recent photograph
  • Proof of Identity - Passport Copy/ Voter ID card/ Driving License/ PAN Card (any one document to be submitted)
  • Address Proof - Ration card/ Telephone Bill/ Electricity Bill/ Rental agreement / Passport copy/ Bank Passbook or Statement/Driving License (any one to be submitted)
  • Proof of age - PAN Card, Passport, Birth Certificate
  • Education Qualifications Certificate and Proof of business existence
  • Business profile
  • Last 3 years Income Tax returns (self and business)
  • Last 3 years Profit/Loss statement and Balance Sheet
  • Last 6 months bank statements (self and business)
  • Processing fee cheque

Tata Capital Home Loan FAQS

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:

  • Post Dated Cheques
  • Auto debit of the EMI amount from your account by way of ECS (Electronic Clearance Service) facility

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.

Tata Capital Home Loan Review

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.

How to Get Home Loan from Tata Capital – Apply for Tata Capital Home Loan

You can apply for Tata Home Loan in the following ways:

  • Apply online and submitting the required documents.
  • You can visit any Tata Capital branches to discuss your eligibility and for details on your home loan. You can submit a completed application form along with the required documents.
  • You can call the customer care at any of the branches who will assist you in the loan process.
  • You can also download the application form which is available at the Tata Capital website and send the filled-in form to any of the branches nearest to you along with the copy of necessary documents.
  • You can send an email to the dedicated email address. A Tata Capital representative will get in touch with you and assist you in the loan process.
  • You can also send an SMS to the dedicated toll free number. A Tata Capital representative will get in touch with you and assist you in the loan process.

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.