Tata Capital

Tata Capital

Bank Name
Interest Rate Range
Processing Fee Range
Loan Amount
Tenure Range
Action

Rate of Interest

  • Floating rate of Interest : 8.75% p.a. to 9.05% p.a.

Eligibility Criteria

  • Minimum 21 years of age and maximum 65 years
  • Loan period from 3 years to 30 years
  • Should be either salaried or self-employed and have regular source of income
  • Should have sufficient income to pay EMI on required loan
  • Applicant must be Indian Citizen, in case of NRI or person of Indian origin it should be properly documented

Fees and Charges

  • Processing Fees 0.00% to 1.00% depends on type and category of borrower
  • Preclosure Charges – Rs 0
  • Part Payment charges- Rs 0
  •  No any other hidden charges

Documents Required

  • KYC- Pan Card, Adhar Card, ID Proof and Address proof
  • ITR with computation for 3 years with Income proof
  • Bank Statement
  • Photograph
  • 2 references

Value Additions

  • Doorstep services
  • E- approvals
  • Part payment allowed

Special Feature

  • No guarantor required
  • No pre-closure or part payment fees
  • Balance Transfer Allowed
  • Top up available

Overview about Tata Capital

Tata capital allows you to take a home loan with a co-applicant at low interest rate . the co-applicant can be any family member like your spouse, parents, children,siblings.it is beneficial for you if you take co-applicant, one more thing is beneficial for you if your co-applicant income  will good. His or her  income  will also help you to enhance your home loan eligibility.

Your Eligibility depends on following


You should be minimum 21 years old

You should be maximum 65 years old

You should be salaried or self employed

You should have sufficient income to pay EMI on required loan

You can increase your eligibility by doing following

Make your spouse as co applicant , her/his income will also be added in eligibility
Choose longer tenure of loan period maximum upto 30 years
Add more than one co applicant if required to enhance your eligibility
Close short term loans, this will also increase your eligibility

Rate of Interest and Other Charges for Home Loan are following

The current home loan interest rates (with effect from 06 January, 2017) offered to our customers are as follows:

Applicable Home Loan Interest Rate* for Salaried Professionals and Doctors (Monthly Rest Basis)

Sno.

Home Loan Slabs

Effective Rate of Interest* Variable/ Semi-fixed for 2 to 3 years

1

Loan Amount up to Rs. 75 Lakhs

8.75% - 8.80%

2

Loan Amount above Rs. 75 Lakhs

8.80% - 8.85%

Applicable Home Loan Interest Rate* for Self Employed Professionals / Non-Professionals(Monthly Rest Basis)

Sno.

Home Loan Slabs

Effective Rate of Interest* Variable/ Semi-fixed for 2 to 3 years

1

Loan Amount up to Rs. 75 Lakhs

8.90%

2

Loan Amount above Rs. 75 Lakhs

9.05%

Existing Loan take over or New Loan

If you want home loan, we take into account your payments, repayments and income streams to arrive at the option that best suits your needs.

Things you can do with a home loan:

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

Features of Loan

 Here are  Some attractive features:

  • Loan Amount:You can avail a home loan ranging from Rs.2 lakh to Rs.10 crore on residential properties.
  • Flexible Tenure:Repaying your home loan is easier with our flexible tenure, starting from 12 months to as long as 360 months.
  • Customized Loan Options:Our loan advisors study your requirements and financial strengths to derive upon the perfect home loan to match your needs.
  • Quick and Easy Processing Benefits:With quick online application and minimal paperwork, our representatives can process your home loan in no time.
  • Floating Interest Rates:Our home loans come with attractive interest rates, as low as 10.15%. 

Documents Required for applying  Home Loan  with Axis Bank

        1-Documents needed for Home Loan from Salaried Individual

  • Identity and Residence
  • Latest salary-slip
  • Form 16
  • Last 6 months bank statements
  • Processing fee cheque

     2- Documents needed for Home Loan from Self-employed Professional

  • Identity and Residence Proof
  • 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

      3- Documents needed for Home Loan from Self-employed Non-Professional

  • Duly filled Application form with photograph
  • Identity and Residence Proof
  • 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