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Chennai is a quick-growing city that keeps developing with each passing day. This phenomenon has also led to a quick appreciation of real estate in the city. Simply put, if you buy an apartment in Chennai today, the value will quickly escalate in the near future.
Given that Chennai offers several job opportunities and boasts several premium educational institutions, you’ll always find professionals and students looking for houses to rent here. This is why taking a home loan in Chennai to buy a good quality home can earn you a significant and steady rental income.
Loan amount offered
₹5,00,000 - ₹5,00,00,000
Loan tenure
Up to 30 years
Interest rate starting @
8.75%* p.a.
If you plan to get a house in Chennai, Tata Capital offers customized home loans so you can get one. Here are some features of home loans in Chennai.
Not sure if you know that home loan interest rates in Chennai and all over India are at an all-time low! So, now is the ideal time to avail of housing finance. Getting a home loan at a low rate of interest will reduce your total EMI cost, and you will be able to borrow more, and home loan repayments won't feel like a burden.
If you’re looking for a credible lending institution to extend one of the lowest home loan interest rates in Chennai, turn to Tata Capital! You can check out our interest rates mentioned below. Know that we try our best to offer you affordable housing finance, that too, at flexible repayment tenures and with minimal documentation.
You must be between 24 and 65 years of age
Salaried employees must draw a minimum salary of Rs. 30,000 with at least two years of work experience.
Self-employed professionals must possess at least three years of work experience in their current field.
Use our home loan eligibility calculator to calculate your eligibility in no time.
Check out the complete list of home loan documents
Not sure how much home loan in Chennai can you afford and at what rate of interest? Rid yourself of all dilemmas by calculating your tentative monthly instalment with the help of a home loan EMI calculator.
Using the one available on our website is straightforward! All you need to do is input three values, namely, your total loan amount, tenure, and interest rate, to know the exact EMI you'll pay each month. Don't worry if you're presently not sure of the amount you wish to borrow.
A home loan EMI calculator lets you try different amount, tenure and ROI variations until you reach the ideal one for your borrowing nature.
Want to apply for a home loan in Chennai but can't find the time to visit a lender branch? Now you don’t have to! Tata Capital brings a secure, transparent and quick way of applying for housing finance through our online application portal.
Follow four simple steps, and you'll receive your loan approval and amount within a matter of a few days. Click on the "Apply Now" button to start your loan application. Here, you will be asked to fill out your personal information, occupation, property, and loan details.
Once you're done providing us with these essential details and matching our eligibility criteria, we'll ask you to upload certain documents. After you successfully file your application, our loan experts will visit the property site, and if all goes all, we'll provide you with an E-sanction letter.
Receiving this letter means we have approved your loan, and the amount for the same will be transferred to your bank account. With such a hassle-free application process at your fingertips, apply for a housing loan in Chennai with us right away.
Customer care: 18602676060
Email – contactus@tatacapital.com
Registered Branch – Centennial Square, 1st Floor, 6A Dr Ambedkar Salai, Kodambakkam, Chennai - 600024.
Know more about Home Loans
Looking for a bungalow or an apartment? With Tata Capital Home loans, find a dream home and make it your reality. Ab aapke sapnon ka ghar aapke naam!
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