National Trust Housing Finance Home Loan

About National Trust Housing Finance Home Loan

National Trust Housing Finance Limited (NATRUST)offers a variety of home loan products for addressing the different needs of the prospective home-owners. At present, it is servicing the customer requirements through its various branches at Chennai, Bangalore, Hyderabad, Vellore, Salem and Trichy.

Home Loan

Eligibility & Quotes from top PSU & Pvt. Banks | Lowest Interest Rates | Comfortable Tenure

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    National Trust Housing Finance Home Loan Products are broadly classified as:

    • Purchase of a House/Flat
    • Self-Construction
    • Refinance/Reimbursement—paying off debts for outside borrowings by mortgaging the property
    • Take Over & Top-Up
    • Home Extension
    • Home Renovation
    • Home Equity

    National Trust Housing Finance Home Loan Interest Rates

    Salaried, Self-employed Professionals and Business Class (Self Employed) are eligible to apply for National Trust Housing Finance Home Loans.

    ParticularsDetails
    Interest Rates12.25%-17.75 % p.a.
    Loan Amount₹10 lakhs -₹50 lakhs and above
    TenureUp to 20 years
    Processing chargesFor salaried: 2.00% at the time of disbursement(of the amount sanctioned minus ₹5,000/- processing fee collected at the time of inward)
    For non-salaried : 2.50%(of the amount sanctioned minus ₹5,000/- processing fee collected at the time of inward)
    Pre-paymentNil

    National Trust Housing Finance EMI Calculator

    With the help of National Trust Housing Finance EMI Calculator, know your estimated figures or the total payments due along with a break-up of the Home Loan repayment process. The calculator will perform calculations based on the loan tenure as well as the interest rates levied on your home loan. In this manner, you will get a reasonable understanding of the ratio of the principal amount to the interest due, based on the effect of the Home Loan tenure and interest rates.In addition, you can also use the calculator for accessing an amortization table in order to plan your repayment schedule carefully.

    For example :  A steel-manufacturer having a business turnover of ₹2 crores wants to apply for a home loan of ₹70 lakhs for a 20-year period. The existing interest rates of the housing finance firm stands at 12.25%-17.75% p.a. The home loan will be used for purchasing a ready-made flat in a posh-locality of Noida. You wish to know the total equated monthly installments along with the interest amount that will be payable on your home loan. Want to know the figures of EMIs, interest and the overall outgo throughout the loan tenure? Sneek into the data as presented in the table below to get updated and assured of the outgo.

    Amortization Calculator

    Your job does not end with a mere look at the EMI calculator. There is one more calculator to glance at while planning for a home loan journey with NATRUST. The calculator is interesting as it shows the drop down of principal and interest repayments to be done at each year of the loan tenure. Not only that, you can even know the outstanding balance of the loan every year via the calculator. So, whatever quantitative repayment knowledge you would like to have in advance, is possible through the amortization calculator. Let’s continue with the example as stated under the head ‘National Trust Housing Finance EMI Calculator to check the flow of repayments each year.

    Table Showing EMI, Interest Outgo, and Total Repayment Amount

    Loan AmountInterest RateTenureMonthly InstalmentTotal Interest AmountTotal Amount
    ₹ 20,00,00012.25%1₹ 1,77,932₹ 1,35,179₹ 21,35,179
    ₹ 20,00,00012.25%2₹ 94,381₹ 2,65,135₹ 22,65,135
    ₹ 20,00,00012.25%3₹ 66,668₹ 4,00,037₹ 24,00,037
    ₹ 20,00,00012.25%4₹ 52,914₹ 5,39,848₹ 25,39,848
    ₹ 20,00,00012.25%5₹ 44,742₹ 6,84,518₹ 26,84,518
    ₹ 20,00,00012.25%6₹ 39,361₹ 8,33,984₹ 28,33,984
    ₹ 20,00,00012.25%7₹ 35,573₹ 9,88,167₹ 29,88,167
    ₹ 20,00,00012.25%8₹ 32,781₹ 11,46,979₹ 31,46,979
    ₹ 20,00,00012.25%9₹ 30,651₹ 13,10,319₹ 33,10,319
    ₹ 20,00,00012.25%10₹ 28,984₹ 14,78,077₹ 34,78,077
    ₹ 20,00,00012.25%11₹ 27,653₹ 16,50,133₹ 36,50,133
    ₹ 20,00,00012.25%12₹ 26,572₹ 18,26,358₹ 38,26,358
    ₹ 20,00,00012.25%13₹ 25,683₹ 20,06,619₹ 40,06,619
    ₹ 20,00,00012.25%14₹ 24,945₹ 21,90,773₹ 41,90,773
    ₹ 20,00,00012.25%15₹ 24,326₹ 23,78,675₹ 43,78,675
    ₹ 20,00,00012.25%16₹ 23,803₹ 25,70,176₹ 45,70,176
    ₹ 20,00,00012.25%17₹ 23,358₹ 27,65,124₹ 47,65,124
    ₹ 20,00,00012.25%18₹ 22,979₹ 29,63,365₹ 49,63,365
    ₹ 20,00,00012.25%19₹ 22,652₹ 31,64,745₹ 51,64,745
    ₹ 20,00,00012.25%20₹ 22,371₹ 33,69,110₹ 53,69,110

    EMI, Total Interest Outgo, Total Repayment (Interest + Principal)

    YearPrincipalInterestBalance Amount
    1₹ 24,818₹ 2,43,637₹ 19,75,181
    2₹ 28,035₹ 2,40,420₹ 19,47,146
    3₹ 31,669₹ 2,36,786₹ 19,15,477
    4₹ 35,773₹ 2,32,682₹ 18,79,703
    5₹ 40,410₹ 2,28,045₹ 18,39,292
    6₹ 45,648₹ 2,22,807₹ 17,93,644
    7₹ 51,565₹ 2,16,890₹ 17,42,078
    8₹ 58,249₹ 2,10,206₹ 16,83,828
    9₹ 65,799₹ 2,02,656₹ 16,18,029
    10₹ 74,328₹ 1,94,127₹ 15,43,700
    11₹ 83,962₹ 1,84,493₹ 14,59,738
    12₹ 94,845₹ 1,73,610₹ 13,64,892
    13₹ 1,07,139₹ 1,61,316₹ 12,57,753
    14₹ 1,21,026₹ 1,47,429₹ 11,36,727
    15₹ 1,36,713₹ 1,31,742₹ 10,00,013
    16₹ 1,54,433₹ 1,14,022₹ 8,45,579
    17₹ 1,74,451₹ 94,004₹ 6,71,128
    18₹ 1,97,063₹ 71,392₹ 4,74,065
    19₹ 2,22,605₹ 45,850₹ 2,51,459
    20₹ 2,51,685₹ 16,996₹ 0

    Documentation for National Trust Housing Finance

    Purpose SalariedSelf Employed/ Professional/Partnership/Company    
    Proof of Identity and AddressPassport or Voter's ID card or Driving License or Job Card issued by NREGA or Adhaar Card or Registration certificate or PAN card(PAN Card only as identity proof) or any other document as approved by National Trust Housing Finance
    Proof of IncomeLatest 3 months salary slip which shows all deductions & Form 16IT Returns or financial documents for last 2 years and calculation of income certified by a CA for last 2 years
    Bank Statement where salary or income is creditedLatest 6 monthsLatest 6 months
    Proof of Other IncomeRental receipts or documents which shows receipt of income
    Property DocumentsCopy of Title documents and authorize sanction plan

    Features and Benefits of National Trust Housing Finance

    • Affordable interest rates
    • Easy-to-understand terms
    • Simplified procedures
    • Simple norms
    • Fast loan sanctions as well as disbursements
    • Improved customer service
    • Door-step services
    • Tax Benefits under section 36 (i)(viii) of the Income Tax Act, 1961
    • Long-lasting relationship

    National Trust Housing Finance Customer Care Contact Number

    Are you facing any difficulties relating to the availability of loan amount, tenures, interest rates or documentation processes? Contact a committed, experienced customer care representative of National Trust Housing Finance Home Loan on +91-44-39940700/01/02 and get all your queries resolved. You can also put forward your queries or grievances(if any) on the email ID mentioned on the website.

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    EMI Calculator