Tata Capital’s Home Loan offerings are tailor-made for purchasing a home or constructing one. We also offer to transfer your Home Loan balance. Tata Capital housing loans extend from Rs. 5 lakhs up to Rs. 5 crores and start at an affordable interest rate of just 6.70%*. You can choose the Home Loan amount, tenure, and the EMI period as per your convenience. And what’s more is that our housing loan processing involves minimum documentation and is easy and seamless. Moreover, our years of experience in the industry make us one of the best home loan providers you have been looking for!

Home Loan Eligibility

You have to meet some basic conditions to get a home loan. Our easy-to-use home loan eligibility calculator will let you determine your housing loan eligibility in a quick and seamless manner. You can use our Home Loan Eligibility Calculator to find out your eligibility. To be eligible for Tata Capital Home Loan, you have to meet a few basic home loan eligibility criteria. 

• You should be between the ages of 24 to 65 (at the time of completion of your home loan)

• You should be a salaried individual or a self-employed professional

• Your CIBIL score should be about 750 or above 

Home loan eligibility criteria will further differ depending on whether you are a salaried individual or a self-employed individual

Home Loan - Required Documents

Salaried Individuals

• Age Proof: A Copy of your Passport, Driving License, Life Insurance Policy, Birth Certificate, PAN Card & School Leaving Certificate

• Photo Identity Proof: A copy of your Voter ID / Passport / Driving License / Aadhaar Card / PAN Card

• Address Proof: A copy of your Utility Bill / Bank Statements / Property Registration Documents / Property Tax Receipt / Voter ID

• Salary Slips: A Copy of your Salary slips for the last three months / Appointment letter / Yearly increment letter / Certified true copy of Form 16

• Income Proof A copy of your Salary account bank statements for the last six months

• Existing Loan Details: Existing loan details should be provided through bank statements

• Processing Fee Cheque: To be issued from the salary account for Salaried customer or the business account in case of Self

Home Loan Interest Rates

Salaried & Self Employed Interest Rate Table

Home Loan

Customer Profile	Loan Slab	ROI* (%)
Salaried	Any Amount	6.70%* onwards
Self Employed	Any Amount	6.70%* onwards

Home Equity

Customer Profile	Loan Slab	ROI* (%)
Salaried/Self Employed	Any Amount	10.10% onwards

Searching the market for getting the right home loan interest rate is essential for reducing your costs. Housing loan interest rates will vary based on the different home loan schemes available for individual buyers, joint buyers, women, etc. You can use a free online home loan emi calculator to get a fair idea of the amount you are eligible to borrow as loan principal

Frequently Asked Questions about Home Loan

1. What is the maximum time allowed to repay my Home Loan?

Answer:  You can take up to 30 years to repay your housing loan.

2. What is MCLR?

Answer: MCLR stands for Marginal Cost of Funds based Lending Rate.

3. How to calculate home loan interest rates?

Answer:  You can calculate home loan interest rates using our Home Loan eligibility calculator page Enter your basic personal and employment details and on submission, you will be able to see interest rate, applicable to you, basis your profile.

4. What is the EMI for 20 lakhs home loan?

Answer: The home loan EMI for 20-lakh loan depends on the interest and the tenure chosen. For instance, home loan EMI for 20 lakhs for tenure of 20 years at interest rate of 6.65% p.a. would be Rs. 15,089.

5. What is the EMI for 30 lakhs home loan?

Answer: The home loan EMI for 30-lakh loan would depend on the interest and the tenure chosen. EMI is calculated based on the amount borrowed, tenure chosen and the interest rates. A longer tenure attracts a low EMI, whereas a shorter tenure attracts a high EMI amount.

6. Factors that affect housing loan EMI?

Answer: The home loan EMI depends on various factors including loan amount, interest rate, tenure, prepayment and down payment.

7. How do prepayments impact your home loan EMI?

Answer: Prepayment of home loan EMI helps you get rid of debt faster and also leads to a decrease in the outstanding principal amount payable. The reduction in outstanding principal will further reduces the loan EMI or Outstanding tenure depending on customer choice at the time of prepayment.

8. When will I have to pay the processing fee on my home loan?

Answer:The processing fee on the home loan is payable at the time of application.

9. Is the processing fee on home loan refundable?

Answer: No, the processing fee on home loan is not refundable.

10. Is prepayment of home loan allowed?

Answer: Yes, prepayment of home loan is allowed.