Tata Capital
Home Loan

The rates of interest for Tata Capital Home Loans vary as per the scheme.

Home Loan:

Home Equity:

There are several other funding options for your home available with Tata Capital including:

Tata Capital Rural Housing Finance

• This loan is provided for applicants to purchase homes in rural areas, including Tier 2 and Tier 3 cities.
• The Rural Housing Finance scheme allows the purchase of existing property and construction or purchase of new property.

Tata Affordable Housing Finance - Prapti Home Loans

• Affordable housing finance is provided through Prapti Home Loans under the Pradhan Mantri Awas Yojana.
• You can get interest rates as low as 4%.
• Loans are available to households with an annual income of  Rs. 6 Lakhs or below.
• This housing finance option is available across Tier 2 and Tier 3 cities, semi-rural areas, and even the urban poor segment.

Tata Capital Urban Housing Fund 

• This urban housing fund is available to refinance housing finance companies and banks with respect to the loan provided to their pledgers in urban areas.
• The objective of this scheme is to improve credit availability and improve the house financing requirements of individuals who are in the lower and middle-class income segment.

Tata Capital Switching and Refinance

• Home Loans availed on a long term basis are subject to changes as per the dynamics of the market, leading to changes in the interest rate as well.
• Applicants may also see an improvement of income during the tenure of the loan.
• Tata Capital refinancing allows you to opt for an increase or decrease in interest rate as per your current financial situation.
• You may also choose to increase EMI and reduce the payment made towards the interest portion of your current Home Loan

The EMI calculator on MyMoneyMantra allows you to Calculate Home Loan EMI on a certain plan accurately. This helps you choose the right loan scheme and allows you to plan your monthly budget as per the EMI.

To Calculate your Tata Capital Home Loan EMI, follow the three steps mentioned below:

• Visit MyMoneyMantra Home Page
• Click on EMI Calculator under Financial Tools section
• Enter the proposed interest rate, tenure and loan amount on the calculator. Based on the details entered, the EMI is calculated instantly. You will also get loan amortisation schedule.

Tata Capital Home Loan EMI Calculation

*For EMI calculation purpose, flat Home Loan Rate of Interest @ 7.75% p.a. is considered. The calculation is indicative only. Your EMI schedule will vary as per rate of interest offered to you.

Additional Reading: Cibil score required for home loan

The different charges applicable for Tata Capital Home Loan are:

• The fees mentioned above are exclusive of any government charges, cess, levies, and so on. They are subject to change as per the discretion of Tata Capital Limited.

Check for 50 lakh home loan EMI and apply easily on MyMoneyMantra.

The Eligibility Criteria for a Home Loan with Tata Capital are as follows:

• The applicant should be a minimum of 24 years at the time of application. The maximum age should not be beyond 65 years at the time of completion of the tata capital housing loan.
• Salaried individual must be earning a minimum of Rs 30,000 per month and should have a minimum work experience of 2 years. Minimum of 6 months’s experience with the current employer is also mandatory.
• Self employed applicants should have a minimum of 3 years of experience in their current field.

The documentation depends upon your occupation in order to apply for a Tata Capital Home Loan. The requirements are as follows:

Salaried Individuals

Self-employed Individuals

NRIs

For any information or to submit grievances or complaints, you can call the Tata Capital Toll Free Number: 1800-209-6060. This number is available from 9AM to 8PM from Monday to Saturday. It is closed on Sundays and Public Holidays.

Tata Capital Customer Care

Registered Office

11th floor, Tower A,,Peninsula Business Park, Ganpatrao Karam Marg, Lower Parel, Mumbai- 400013.

Email ID: contactus@tatacapital.com

customercare@tatacapital.com (For existing customers only)

You may also request a call back on the official website www.tatacapital.com.