Apply Home Loan 20191858 views
Table of Contents
About Tata Capital Home Loan
Tata Capital Housing Finance Limited helps you realize your dreams faster. Whether you are buying a plot for house construction, building a house, purchasing an apartment, buying a resale property or remodeling your current home, Tata Capital Home Loan covers it all. Looking for a Home Loan? The best option available for you could be to avail the Tata Capital Home Loans, which are provided to salaried individuals, self-employed and businessmen for their specific needs. Individuals have the flexibility to choose from home loans available for the tenure ranging 12 months to 360 months.
Home Loan
Eligibility & Quotes from top PSU & Pvt. Banks | Lowest Interest Rates | Comfortable Tenure
Tata Capital Home Loan Eligibility Criteria
Particulars | Description |
---|---|
Interest Rates | 9.00% - 9.45% |
Loan Amount | From ₹2 lakhs to ₹10 crores |
Tenure | 20 years subject to your retirement age |
Processing Fees | ₹5700 as the starting fees |
Pre-payment or Foreclosure | Penalty-free prepayment of upto a maximum of 25% of principal outstanding in a year. |
No foreclosure charges on floating rate loans sanctioned to individuals or on fixed rate loans being pre-closed out of borrower's own sources. |
Tata Capital Home Loan EMI Calculator
With the help of Tata Capital Home Loan 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 do calculations based on the loan tenure as well as the interest rates levied on your home loan. In this manner, you will get a fair 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 ₹20 lakhs payable after 20 years at varying interest rates. The home loan will be used for purchasing a ready-made flat in a posh-locality of Greater Noida. You wish to know the total equated monthly installments along with the interest amount that will be payable on your home loan. The following table specifies the calculated EMI, interest payment and the total amount (EMI+Interest) required to be paid each year on your home loan.
Table Showing EMI, Interest Outgo, and Total Repayment Amount EMI, Total Interest Outgo, Total Repayment (Interest + Principal)Loan Amount Interest Rate Tenure Monthly Instalment Total Interest Amount Total Amount ₹ 20,00,000 8.75% 1 ₹ 1,74,671 ₹ 96,054 ₹ 20,96,054 ₹ 20,00,000 8.75% 2 ₹ 91,140 ₹ 1,87,366 ₹ 21,87,366 ₹ 20,00,000 8.75% 3 ₹ 63,367 ₹ 2,81,213 ₹ 22,81,213 ₹ 20,00,000 8.75% 4 ₹ 49,533 ₹ 3,77,584 ₹ 23,77,584 ₹ 20,00,000 8.75% 5 ₹ 41,274 ₹ 4,76,468 ₹ 24,76,468 ₹ 20,00,000 8.75% 6 ₹ 35,803 ₹ 5,77,846 ₹ 25,77,846 ₹ 20,00,000 8.75% 7 ₹ 31,925 ₹ 6,81,699 ₹ 26,81,699 ₹ 20,00,000 8.75% 8 ₹ 29,042 ₹ 7,88,001 ₹ 27,88,001 ₹ 20,00,000 8.75% 9 ₹ 26,822 ₹ 8,96,726 ₹ 28,96,726 ₹ 20,00,000 8.75% 10 ₹ 25,065 ₹ 10,07,842 ₹ 30,07,842 ₹ 20,00,000 8.75% 11 ₹ 23,646 ₹ 11,21,316 ₹ 31,21,316 ₹ 20,00,000 8.75% 12 ₹ 22,480 ₹ 12,37,111 ₹ 32,37,111 ₹ 20,00,000 8.75% 13 ₹ 21,508 ₹ 13,55,188 ₹ 33,55,188 ₹ 20,00,000 8.75% 14 ₹ 20,688 ₹ 14,75,504 ₹ 34,75,504 ₹ 20,00,000 8.75% 15 ₹ 19,989 ₹ 15,98,015 ₹ 35,98,015 ₹ 20,00,000 8.75% 16 ₹ 19,389 ₹ 17,22,675 ₹ 37,22,675 ₹ 20,00,000 8.75% 17 ₹ 18,870 ₹ 18,49,436 ₹ 38,49,436 ₹ 20,00,000 8.75% 18 ₹ 18,418 ₹ 19,78,247 ₹ 39,78,247 ₹ 20,00,000 8.75% 19 ₹ 18,022 ₹ 21,09,056 ₹ 41,09,056 ₹ 20,00,000 8.75% 20 ₹ 17,674 ₹ 22,41,811 ₹ 42,41,811 Year Principal Interest Balance Amount 1 ₹ 38,614 ₹ 1,73,476 ₹ 19,61,385 2 ₹ 42,132 ₹ 1,69,958 ₹ 19,19,252 3 ₹ 45,970 ₹ 1,66,120 ₹ 18,73,282 4 ₹ 50,158 ₹ 1,61,932 ₹ 18,23,123 5 ₹ 54,727 ₹ 1,57,363 ₹ 17,68,396 6 ₹ 59,712 ₹ 1,52,378 ₹ 17,08,683 7 ₹ 65,152 ₹ 1,46,938 ₹ 16,43,530 8 ₹ 71,087 ₹ 1,41,003 ₹ 15,72,443 9 ₹ 77,563 ₹ 1,34,527 ₹ 14,94,879 10 ₹ 84,629 ₹ 1,27,461 ₹ 14,10,250 11 ₹ 92,338 ₹ 1,19,752 ₹ 13,17,912 12 ₹ 1,00,750 ₹ 1,11,340 ₹ 12,17,162 13 ₹ 1,09,928 ₹ 1,02,162 ₹ 11,07,234 14 ₹ 1,19,942 ₹ 92,149 ₹ 9,87,291 15 ₹ 1,30,868 ₹ 81,222 ₹ 8,56,423 16 ₹ 1,42,789 ₹ 69,301 ₹ 7,13,633 17 ₹ 1,55,797 ₹ 56,293 ₹ 5,57,836 18 ₹ 1,69,989 ₹ 42,101 ₹ 3,87,846 19 ₹ 1,85,475 ₹ 26,615 ₹ 2,02,371 20 ₹ 2,02,499 ₹ 9719 ₹ 0
Documentation for Tata Capital Home Loan
Salaried Employees | Self-Employed Professionals /Self-Employed Non-Professional(Businessmen) |
---|---|
Application Form KYC Documents Photo ID Proof Residence Address Proof Signature proof Date of Birth/Age proof Updated Bank Statement for last 6 months Existing Loan details along with documents like Sanction Letter and State of Account(SOA) | |
Salary Slip or Salary Certificate for 3 months | Professional Qualification Certificate(if any) |
Form 16 (last two years) | Office address proof |
Qualification Proof | Last three years Income Tax Returns along with Computation of Income, Profit & Loss A/c and Balance Sheet Statement Processing fee cheque |
Business Profile |
Features and Benefits of Tata Capital Home Loan
- Attractive Interest Rates at lowest possible EMI
- Flexi EMIs with Higher Home Loan Eligibility
- Quick processing and doorstep service
- Flexibility to choose from a list of Approved projects of Tata Capital Home Loan
Tata Capital Home Loan Customer Care Contact Number
If you face any difficulty regarding interest rates, tenures, loan amount or any queries relating to eligibility criteria or processing fees then contact Tata Capital Housing Finance customer care representative on 1800-209-6060 or write an email at the email address given on the website.