Opting for Tata Capital home financing means enjoying benefits like:
Particulars | Salaried | Self-Employed |
---|---|---|
Loan amount | ₹ 5 lakhs to ₹ 5 crores | ₹ 5 lakhs to ₹ 5 crores |
Loan tenure | Upto 30 years | Upto 30 years |
Interest Rate | 8.75% per annum | Starting rate @ 8.85% |
Required documents | ||
Online Eligibility Check | ||
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 | Enjoy 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 | Enjoy 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 own funds Nominal charges when you pre-pay your home loan using someone else’s funds | No charges when you prepay your home loan with your own funds Nominal charges when you pre-pay your home loan using someone else’s funds |
Delayed EMI Payments | 2% over and above the prevailing housing loan interest rate for the delayed period | 2% over and above the prevailing housing loan interest rate for the delayed period |
Other Charges |