Tata Capital

Tata Capital

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

Rate of Interest

  • Floating Rate of Interest : 12%  to 15 % p.a.

Eligibility Criteria

  • Minimum 21 years of age and maximum 65 years
  • Loan period from 1 years to 15 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  Fee 1%  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 Limited was established in 2007. It is registered with the Reserve Bank of India as a systemically important Non Deposit Accepting Non Banking Financial Company.  Tata Capital offers a variety of finance products for retail, Corporate, and institutional Customers. Tata Capital Financial services limited have more than 100 branches across India. Tata Capital Financial Services Limited has already become a trusted and customer centric financial service provider.

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

Minimum income required Rs.25,000 per month
EMIs of other loans lower your eligibility
Pay off your credit card bills
Choose longer tenure loan up to 15 years

Rate of Interest and Other Charges for Loan Against Property are following

Rate Of Interest:

Sno.

Loan Type

Rate Of Interest

1

Loan Against Property(Floating)

12% to 15%

Existing Loan take over or New Loan

Here are Some points for this:

  • Interest rates are competitive. The interest rates that the company charges is in tandem with the ones charged by other banks and financial institutions.
  • The loan can be foreclosed or prepaid without any charges if the loan is offered to individuals under a floating rate of interest.
  • The loan processing system is fast and transparent making the funds readily available to the borrower so that he may fulfil his financial requirements without having to wait for long periods of time.
  • Loan can be taken for buying a non-residential premise or establishment or for taking over existing loan and top-up.

 

Features of Loan

Features and Benefits of Tata Capital Loan agianst Property:

  • Flexible Tenure: You can repay your loan over a period of 12 months to 180 months.
  • Acceptable Property Collaterals: Pre owned Residential, Commercial, alternate properties (schools, hotels, hospitals, residential plots and industrial property) and loans for purchase of commercial properties.
  • Loan amount: You can avail Loans ranging from Rs. 10 Lakhs to Rs. 5 Crores.
  • Easy Repayment: You can repay your loan easily through ECS or even post-dated cheques.
  • Floating and fixed interest Rates: Our Loans against Property come with attractive interest rates
  • Quick and Easy Processing: With quick online application and minimal paperwork, our representatives can process your loan in no time.

Documents required for Tata Capital Loan against Property

The following documents are required for HDFC Loan against property:

For Salaried Individuals:

  • Proof of Residence(any of the following documents will be accepted)
  1. Ration Card
  2. Telephone Bill
  3. Electricity Bill
  4. Voter’s ID Card
  • Proof Of Identity(any of the following documents will be accepted)
  1. Voter’s Card
  2. Driver’s License
  3. employer’s Card
  • Bank Statement / Passbook of last 6 months
  • Salary slip of last 6 months.
  • Form 16 for previous 2 years.
  • Legal documents of the concerned property.

For Self-employed individuals

  • Certified financial statement of last 3 years.
  • Proof of Residence (any of the following documents will be accepted)
  1. Ration Card
  2. Telephone Bill
  3. Electricity Bill
  4. Voters Card
  • Proof of Identity (any of the following documents will be accepted)
  1. Voter’s Card
  2. Driver License
  3. Employer’s Card
  • Latest Bank Statement or Passbook
  • Copies of all property documents which you want to use as collateral.