Can I avail of two house loans at the same time?

Yes, it is possible to avail of two home loans at the same time, but there are certain conditions and eligibility criteria that you should be aware of. Availing of multiple home loans simultaneously typically involves meeting specific financial and creditworthiness requirements. Here are some key points to consider:Financial Eligibility:Lenders will assess your financial situation to determine if you can afford two home loans simultaneously. This includes factors such as your income, credit score and existing debts.Loan-to-Value Ratio:Lenders often have limits on the maximum loan amount they will offer based on the property's value. You may need to make a substantial down payment if you plan to avail of two home loans simultaneously.Stable Income:Lenders will want to see a stable and sufficient income to cover the monthly EMIs for both home loans.Creditworthiness:Your credit score and credit history play a crucial role in getting approval for multiple home loans.Legal Restrictions:There may be legal restrictions or regulations regarding availing of multiple home loans. It's essential to check the local laws and regulations in your area.Repayment Capacity:Assess whether you can comfortably manage the EMIs for both home loans along with your other financial commitments.

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Home Loan

Get up to Rs. 7.5 Crore* | Digital Application Process | Instant Provisional Sanction | Minimal Documentation

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Get Home Loan Online Up to ₹7.5 Crores*

Tata Capital offers housing loans up to ₹7.5 crores* with an attractive interest rate starting from just 7.99% per year. Enjoy a seamless online application process, minimal documentation, and instant provisional sanction. With loan terms of up to 30 years, Tata Capital ensures your journey to homeownership is smooth and stress-free.

Loan amount offered

Up to ₹7.5 crores*

Loan tenure

Upto 30 years

Interest rate starting @

7.99%* p.a.

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Housing Loan Fees & Charges

Discover Home Loan Interest Rates and Charges below

Particulars	Salaried	Self-Employed
Loan amount	₹ 5 lakhs to ₹ 7.5 crores	₹ 5 lakhs to ₹ 7.5 crores
Loan tenure	Up to 30 years	Up to 30 years
Interest Rate	7.99% per annum	Starting rate @8.35%
Required documents	Documents required for Home Loan	Documents required for Home Loan
Online Eligibility Check	Home loan eligibility calculator	Home loan eligibility calculator
Eligibility criteria	Min. salary of Rs. 30,000 with at least 2 years of work experience	3 years of experience in the same business
Co-applicant tax benefit	Separate tax deductions of up to Rs. 2L under sec. 24 of the IT Act. Claim deductions of up to Rs. 1.5L under sec. 80C	Separate tax deductions of up to Rs. 2L under sec. 24 of the IT Act. Claim deductions of up to Rs. 1.5L under sec. 80C
Processing fees	Starting @ 0.10% of Loan Amount + GST	Starting @ 0.20% of Loan Amount + GST
Foreclosure Charges	No charges when you prepay your home loan with your funds. Nominal charges when you pre-pay your home loan using others’ funds	No charges when you prepay your home loan with your funds. Nominal charges when you pre-pay your home loan using others’ funds
Delayed EMI Payments	2.00% P.M. (24.00% P.A.) on the defaulted amount	2.00% P.M. (24.00% P.A.) on the defaulted amount
Other Charges	Check Home loan interest rate	Check Home loan interest rate

Home Loan Eligibility Criteria

Step closer to owning your dream home. Tata Capital offers home loans with simple eligibility criteria and a smooth application process. Review the requirements below and take the next step today.

Eligibility Criteria	Details
Age Specifications	Applicants aged 21–65 years are eligible
Income Criteria	Stable income required. Use our EMI or home loan eligibility calculator for details.
Loan Tenure	5-30yrs
Employment Profiles	Open to salaried employees, self-employed professionals, and entrepreneurs.
Credit Health	A good credit score is essential for loan approval, reflecting financial discipline and creditworthiness.

Documents Required for Home Loan

Availing a home loan requires providing documents to verify your identity, income, and the details of the property. This helps us process your loan smoothly and tailor it to your needs. Here are the documents you need:

Identity proof or KYC documents such as Aadhaar card, Passport
Proof of residence
Salary slips, Bank statements, ITR for proof of income
Property documents or sales deed

Avail TATA Capital loans directly from WhatsApp

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How to Apply for Home Loan in Just 5 Steps

Step 1

Enter your basic details

Step 2

Check your eligibility

Step 3

Pay the processing fee

Step 4

Upload Documents

Step 5

Get Provisional Sanction

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Features and Benefits of Tata Capital Home Loan

Loan Amount up to ₹7.5 Crore*

Get financing of up to ₹7.5 crore* to buy, build, or upgrade your dream home.

Affordable Interest Rates

Housing loan interest rates start from 7.99%, tailored to your profile for budget-friendly EMIs.

Fast Approvals

Get home loan approval in just 48 hours through Tata Capital’s quick online process.

Flexible Tenure

Choose a repayment term that fits your finances—anywhere between 5 to 30 years.

EMI Calculator

Use our online EMI calculator to check eligibility and plan your loan confidently.

Multiple Financing Options

Finance ready homes, under-construction properties, land purchases, or home extensions, all under one loan.

Smooth Processing

Enjoy a hassle-free experience from application to disbursal, guided by expert support.

Co-applicant Advantage

Add a co-applicant to boost eligibility, lower your interest rate, and maximise tax benefits under Sections 24 and 80C.

What Is The Benefit Of Having A Co-Applicant In Home Loan?

Adding a co-applicant to your home loan can improve your chances of approval and help you qualify for a higher loan amount. Lenders consider both applicants’ incomes, which strengthens your eligibility.

A co-applicant can also help you get a better interest rate, especially if they have a good credit score. You can share the repayment responsibility, reducing the EMI burden on a single income.

Both applicants can claim tax benefits under Sections 24 and 80C of the Income Tax Act, making it a financially smart choice for joint homeowners.

House Loan Repayment Options

Here’s an breakdown of Tata Capital's house loan repayment options:

Standard EMI Plan

Consistent Payments: Pay the same amount every month until your loan is fully repaid.
Ideal for Fixed Incomes: Perfect for those who prefer stable monthly payments throughout the loan tenure.

Step-Up Flexi EMI Plan

You can pay lower EMIs in the beginning and then increase them gradually.

Start Small, Grow Gradually: Begin with lower EMIs and increase them as your income grows.
Save on Interest: This plan helps you reduce interest costs and pay off your loan faster.
Exclusive to Tata Capital: Enjoy the unique flexibility of managing your loan payments as your financial situation improves.

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Home Loan in Lucknow

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Home Loans for Different Budgets

More Home Loan products for you

Home Loan for government employees

With Tata Capital, you can apply for a home loan for government employees in a few easy steps and get housing finance at competitive interest rates.

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Home Loan for self-employed

With Tata Capital, you can apply for a home loan for self employed in a few easy steps and get housing finance at competitive interest rates.

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Home Loan for women

With Tata Capital, you can apply for a home loan for women in a few easy steps and get housing finance at competitive interest rates.

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What Our Customers Say About Us

Service provided by Manoj Patel in Surat vesu Branch was helpful and because of his support we were able to close loan.

Prakash Patil

Home Loan | 23 Aug, 2024

Excellent A1 Services. The Lady at the Customer Desk is very Cooperative and helpful so that my work completed without the time frame. The name of the Lady is Amruta Pathak. God bless her and her family. Thanks and Regards for the entire team of Tata Capital.

Nandlal Lal Arora

Home Loan | 13 Aug, 2024

Very good & prompt service, and we have spoken to Mr. Manish also, and he always helps us to provide our request. Thank you, Ms Apurva Shende & Manish Padwal

Farhang Ahmed Azar

Home Loan | 24 Jul, 2024

I'm happy with the service and the help I got earlier for foreclosure letter. Thank you so much & thanks to Alisha mam for her guidance.

Akshay Anil Pawar

Home Loan | 17 Jul, 2024

Special thanks to Mr. Avinash for his help rendered with full commitment to his job, answering the queries to me clearly, and follow up so that the work is done in given time to get customer satisfaction.

Hannah Grace

Home Loan | 02 Jul, 2024

Mr Avinash who handled my case is well experienced and has courtesy for customers' concerns. However, some of the Tata Capital products are very expensive when compared to other banks' ones!

Mohammed Shakeel Urrahman

Home Loan | 28 Jun, 2024

Start to end of my loan process was simple and guidance of your team members were to the point. My last communication was with Mr. MANOJ PATEL from surat branch he was very polite and helpful.

Anamika Vijaykumar Tiwari

Home Loan | 20 Jun, 2024

We extend our heartfelt gratitude to Mr. Pravin Sagare, Senior Officer of Customer Service, for his exceptional service. His remarkable demeanor and professionalism during telephonic interactions with customers have been truly outstanding. Over the past two years, we have utilized various services, yet none have matched the quality provided by Mr. Sagare. We are deeply impressed by the exemplary service, due to this reaons we has influenced our decision to obtain a second home loan from TATA Capital Housing Finance Limited.

Avinash Vasantbhai Bhesaniya

Home Loan | 07 Jun, 2024

I had applied for a home loan at Tata Capital & got the it approved quickly. The process was smooth and sanctioned with sufficient amount with tenure period of 20 yrs.

Sumeet Verma

Home Loan | 14 Mar, 2022

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FAQs on Home Loan

A home loan is money one can borrow from a bank or a lender to buy a house or an apartment. Instead of paying for the whole property upfront, you can pay back the loan in smaller amounts over time.

We provide different types of housing loans for different needs like – Home extension loan, loan for self-construction, affordable housing loan, top-up etc.

A co-applicant in a home loan can typically be a spouse, parent, sibling, or child, sharing the loan's responsibility and benefits.

At Tata Capital, you can avail home loans ranging from ₹ 5 lakhs upto ₹ 5 crores. To get a more personalised estimate of the amount you can borrow based on your unique financial profile, we encourage you to use our home loan EMI calculator or check our home loan eligibility criteria. Additionally, for any specific queries or assistance, feel free to apply online or contact our customer service team.

Yes, it is possible to avail of two home loans at the same time, but there are certain conditions and eligibility criteria that you should be aware of. Availing of multiple home loans simultaneously typically involves meeting specific financial and creditworthiness requirements. Here are some key points to consider:

Financial Eligibility: Lenders will assess your financial situation to determine if you can afford two home loans simultaneously. This includes factors such as your income, credit score and existing debts.
Loan-to-Value Ratio: Lenders often have limits on the maximum loan amount they will offer based on the property's value. You may need to make a substantial down payment if you plan to avail of two home loans simultaneously.
Stable Income: Lenders will want to see a stable and sufficient income to cover the monthly EMIs for both home loans.
Creditworthiness: Your credit score and credit history play a crucial role in getting approval for multiple home loans.
Legal Restrictions: There may be legal restrictions or regulations regarding availing of multiple home loans. It's essential to check the local laws and regulations in your area.
Repayment Capacity: Assess whether you can comfortably manage the EMIs for both home loans along with your other financial commitments.

Regarding the maximum duration allowed for repaying a home loan, it can vary depending on the lender and the loan agreement terms. Home loans often have a maximum tenure of 30 years, but this can vary. Some lenders may offer shorter or longer loan tenures based on their policies and the borrower's eligibility.

Home loan EMIs typically start from the month following the full loan disbursement.

Eligibility depends on various factors, including the lender's criteria. Some lenders may approve loans for individuals with a salary of ₹15,000, but the loan amount might be limited.

The EMI depends on the interest rate and loan tenure. For example, at an 7.99% interest rate over 20 years, use an EMI calculator for precise figures.

Most lenders do not offer 100% financing. Generally, you need to make a down payment of 10-20% of the property value.

Section 24 of the Income Tax Act allows a person to claim a tax deduction for the interest on a home loan up to a maximum of Rs. 2,00,000. You can claim this deduction if you finish building the house within five years; else, you can only claim Rs. 30,000.

Tata Capital home loan processing fee is 0.5%.

Factors include your income, credit score, employment stability, age, existing liabilities, and the property's value.

Home loan insurance is not mandatory but is recommended for financial security.

You can track the status using your application reference number through the lender's online portal, customer service, or mobile app.

Adding a co-applicant boosts housing loan eligibility by combining incomes, easing repayment as responsibilities are shared, and may secure benefits like lower interest rates and higher tax deductions.

No, a guarantor is not required to apply for a home loan. As long as you meet the eligibility criteria, you can apply on your own. However, if you want to share the financial responsibility, you can opt for a joint home loan with a co-applicant. This can be your parent, spouse, sibling, or child.

Once you submit all the necessary documents with your application, we review your personal and property details. If everything checks out, including the property’s evaluation, approval is granted on the spot. After approval, the loan is typically disbursed within 3 to 5 business days.

You can take a joint home loan in India with co-borrowers like your spouse, parent, sibling, or child. A joint loan considers the combined income of all applicants, making you eligible for a higher loan amount. Required documents include identity proof, address proof, income proof, proof of co-ownership, and property documents.

It's possible to switch between fixed and floating interest rates at any time during the loan tenure by paying a small fee. However, switching frequently may not be allowed. Since your interest rate choice affects your EMIs, it’s important to carefully evaluate your financial needs before making the switch.

Securing a home loan can be beneficial if you’re planning to purchase a home. It allows you to break down a large financial commitment into manageable monthly payments, reducing the immediate burden on your savings. Plus, with flexible repayment options and potential tax benefits, housing finance can help you achieve homeownership more easily.

A home loan is a sum borrowed from a lender to buy or construct a house. The borrower repays it in monthly instalments (EMIs) over a fixed period. The lender charges interest on the loan amount, and the property remains as collateral until the loan is fully repaid.

A good CIBIL score improves your chances of getting a home loan. A high credit score can help you secure a loan at a better interest rate. Maintaining a strong repayment record can further improve eligibility.

At Tata Capital, we offer home loans tailored to different needs, including options for government employees, women, and self-employed individuals. These loans come with competitive interest rates and high loan amounts, making home ownership more accessible.

Some of the dos while applying for a home loan include checking the lender’s eligibility criteria, keeping all required documents ready, and reading the loan agreement carefully to understand the terms. Some don’ts, on the other hand, include applying to multiple lenders at the same time, taking on an EMI beyond your financial capacity, and missing payments.

To apply for home loan, you need to submit income tax returns, salary slips, and bank statements. These documents help assess your repayment capacity and support your eligibility for tax benefits.

To improve your credit score, pay EMIs on time, avoid multiple loan inquiries, and reduce credit card balances. A high credit score increases your chances of faster home loan approval and may help you get better interest rates and a smoother approval process.

Banks offer multiple financial services, while housing finance companies specialise in loans for homebuyers. Both are regulated but may differ in eligibility norms, turnaround times, and customer experience. Tata Capital is a home loan lender offering tailored solutions with quick processing and flexible repayment options.

Housing finance refers to the financial services used to buy, build, or renovate a houses and residential properties. It includes home loans offered by banks and housing finance companies. Tata Capital provides customised housing loan solutions with attractive interest rates, long tenures, and minimal paperwork.

Once all documents are submitted, home loan approval from Tata Capital is typically granted on the spot. The loan is then disbursed within 3 to 5 business days, subject to successful verification of personal, income, and property-related details.

Tata Capital offers instant home loan online approvals with minimal documentation. If your details and documents are in order, your housing loan can be approved within 48 hours, making it one of the quickest ways to secure funding for your property.

You can apply for home loan online through Tata Capital’s website. The digital application process is easy and fast, with features like EMI calculators, instant eligibility checks, and document uploads to help you complete the process without visiting a branch.

While Tata Capital offers home loan finance up to ₹7.5 crores, the exact loan-to-value ratio depends on eligibility. Most loans cover 75-90% of the property cost. A strong financial profile improves your chances of securing up to 90% funding.

There is currently no 0% home loan offer from Tata Capital or other regulated lenders. All home loans in India come with an interest component. However, you can still benefit from competitive rates, minimal fees, and flexible terms with Tata Capital.

Our Other Available House Loan Products

Affordable Housing Loan

Home Extension Loan

Home Loan for Self-Construction

Home Loan Top-up

Home Loan Overdraft

Quick Cash

Balance Transfer

Affordable Housing Loan

At Tata Capital, we believe that every single person, regardless of their financial background, deserves a home to call their own.

With this vision, Tata Capital Housing Finance offers affordable home loans at competitive interest rates.

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Home Extension Loan

As the years go by and your family continues to grow, does your house feel smaller?

Tata Capital’s Home Extension Loan is a perfect solution to help you give your family that additional space they deserve.

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Home Loan for Self-Construction

Instead of buying a ready-to-move-in house, you can choose to purchase a piece of land and construct your house on it brick by brick.

A home loan for self-construction or simply a home construction loan is a special type of home loan given to help borrowers construct their own house on a piece of land or plot.

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Home Loan Top-up

A home loan top-up is a facility offered by lenders under which a borrower can take an additional loan over and above their existing home loan.

The home loan top-up facility is available only for existing home loan borrowers without the need for any additional security or guarantee.

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Home Loan Overdraft

At times, you may need additional funds to tackle your personal or business expenses.

With Tata Capital’s home loan overdraft facility, you can avail of a home overdraft loan limit of up to Rs. 2 crores. You can withdraw funds from this overdraft housing loan limit as per your needs and then pay it back at your convenience.

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Quick Cash

Quick Cash loan is a unique Pre-Approved personal finance top-up linked to your existing Tata Capital Housing Finance Limited (TCHFL) loans. This loan is only for existing TCHFL Home Loan and Home Equity customers.

Apart from its unique features, it also offers other advantages such as faster processing, and a paperless journey, notwithstanding that all this could be availed in just a few clicks at your convenience any day 24*7.

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Balance Transfer

A home loan balance transfer, or simply a home loan transfer, takes place when you transfer your outstanding home loan amount to a new lender from your existing lender.

With Tata Capital Home Loan Balance Transfer, you can transfer your outstanding home loan balance to affordable interest rates. Our home loan nterest rates start from just 7.99% per annum*.

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