Tata Capital Home Loan

Tata Capital Limited enables the customer to take loans with a co-applicant. A co-applicant can be any family member like your parents/siblings/children/spouse. A co-applicant proves to be beneficial as his income will also be considered that eventually would help in improving the home loan eligibility. One can get instant approval on home loan with LoanStreet.

Minimum Threshold for Tata Capital Home Loan Eligibility
  1. At least 21 years of age.
  2. Salaried/ Self-employed with regular source of income.
  3. Less than 65 years of age.
Documentation Required For Application of Tata Capital Home Loan

Generally all banks follow same guidelines for collecting elementary documents. However there may be little variation with subject to specific requirements. Below listed are the documents that is required to process the loan faster. Self attested copies of Documents are solicited.

  1. The Signed application form duly filled with photograph.
  2. ID/ Age Proof - PAN Card/ Passport/ Aadhar Card and Residence Proof – Passport/ Utility bills/ Bank Statement
  3. Cheque of Processing Fee.
Salaried Individuals
  1. Last 2 years Form 16 or Income Tax Returns
  2. Last 3 months salary slips
  3. Last 6 months bank statement reflecting salary credits
Self employed Individual/ Proprietorship
  1. Proof of Business- Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificates
  2. Last 3 years IT tax returns with profit and loss account and balance sheet duly audited by CA
  3. Latest 12 months bank statement- Savings Account and Current Account
  4. Existing Loans’ Sanction letters accompanied with repayment track
  5. Business profile on the letterhead of the company
Partnership Firm/ Partnership LLP
  • Age proof of all the partners in the form of PAN Card, Passport or Adhar Card
  • PAN Card of the company
  • Residence proof of all the partners –Utility Bills/ Passport/Bank statement/ Registered rent agreement
  • Proof of Business- Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate
  • Latest 3 years Income Tax returns with profit and loss and balance sheet duly audited by CA.
  • Latest 12 months bank statement of the Company and of the Partners’ Savings Bank Account
  • Partnership deed
  • Existing Loans’ Sanction letters accompanied with repayment track
  • Business profile on the letterhead of the company
Private Limited / Limited Company
  • Application form duly filled with photographs of directors.
  • Age Proof of Directors- PAN Card, Aadhar Card, passport
  • Residence Proof of Directors- Utility Bills/ Passport/Bank statement/ Registered rent agreement
  • PAN Card of Company
  • Education Qualification- A professional qualification certificate in case of Doctors/CA/Architects
  • Proof of Business- Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate
  • MOA, AOA, List Of Directors, Share Holding Pattern of the Company
  • Last 3 years IT returns with Profit and Loss account and balance sheet duly audited by CA.
  • Latest 12 months bank statement of Company of all current accounts and the same for Director’s Savings Bank Account
  • Existing Loans’ sanction letter with repayment track of company and Individual Directors
  • Business Profile on the Letter Head of the Company
Property Documents
  • Occupancy Certificate
  • Approved Plan of building
  • Share certificate copy
  • Chain of deeds in case of resale property
  • Property Card
  • Nil Encumbrance Certificate- EC ( if applicable)
  • Current Sale agreement/ Draft Agreement
Tata Capital Home Loan Interest Rate
Rate of Interest 10.15% to 11.15%
Loan Tenure 1 year to 20 years
Processing Fees Rs 5000- Rs 10000 whichever is higher
Guarantor Required No Guarantor Required
Tata Capital Home Loans- Why?

Tata Capital Housing Finance Limited has managed to gain trust of the people in home loan sector and has a great success rate in making its customers happy acquiring home loans at the best interest rate. There are various features and benefits in the home loan services that have helped it to emerge as a strong financial player. The rate of interest is a major driving force for any customer to prefer a specific financial institution.

Below listed are the rate of interest both for salaried and self employed:-

Tata Capital Home Loan Interest Rates for Salaried Customers
Serial No Loan Slab Applicable Variable Rates
1 UptoRs 75 lacs 10.25%-10.90%
2 More than Rs 75 lakhs 10.40%-11.00%
Tata Capital Home Loan Interest Rates For Self Employed Customers
Serial No Loan Slab Applicable Variable Rates
1 UptoRs 75 lacs 10.75%-11.50%
2 More than Rs 75 lakhs 11.00%- 11.75%
Features Of Tata Capital Home Loan

Following are the features of Tata Capital Home Loan:-

  • The loan can be customized according to the specific needs of the customers.
  • The favourable floating interest rate doesn’t affect the customer’s budget negatively.
  • Faster processing of loans facilitating customer satisfaction.
  • Favourable range of tenure from 12 months to 360 months.
  • The loan amount ranges from Rs 2 lakh to Rs 10 crore for the residential property.