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In addition to tourism and shipping industries, Visakhapatnam also houses thriving fishing, pharmaceutical, IT, and import-export industries. This compels individuals from all across South India and other locations to buy residential real estate within the city.
Since the division of Telangana and Andhra Pradesh, the Andhra Pradesh State Government is pooling efforts to further develop Visakhapatnam. This has led to an increase in the demand for real estate within the city, and subsequently, the demand for Home Loan in Visakhapatnam
Loan amount offered
₹5,00,000 - ₹5,00,00,000
Loan tenure
Upto 30 Years
Interest rate starting @
8.75%* p.a.
Tata Capital brings you instant home loan offerings for you to purchase or construct your dream home. Here are some of the salient features of a home loan in Visakhapatnam
Your loan's interest rate is one of the most important components as it increases or decreases your total monthly instalment amount. Fortunately, taking a housing loan in Visakhapatnam has never been easier, as the interest rates are at an all-time low.
What’s more, by availing of some of the lowest home loan rates in Visakhapatnam at Tata Capital, you can increase your total loan amount and buy a house that was going out of your budget range before.
Check out our affordable Home Loan interest rates in Visakhapatnam, and file your housing finance application today!
To avail a home loan in Vizag, you need to meet some fundamental home loan eligibility criteria:
You should be aged between 24 to 65
You must be salaried or self-employed
As a salaried professional you must have two years of working experience and your minimum monthly salary should be Rs. 30,000.
As a self-employed individual, you must have three years of working experience in your current specified field.
Your credit score must be 750 or above
Use our Home Loan Eligibility Calculator to find out your eligibility quickly.
Calculating your loan’s EMI or monthly instalments has never been easier, thanks to a Home loan EMI calculator. You can find this tool on our website and figure out the exact EMI you’ll need to pay. Simply input the loan amount you wish to borrow, the tentative tenure you’d be comfortable with, and the interest rate you think you qualify for.
The minute you input these three values, the calculator will show you your EMI. You can also keep readjusting the values on the calculator till you reach a more desirable figure. A home loan EMI calculator can help you decide how much home loan in Visakhapatnam to borrow. You can also figure out a repayment plan once you know your tentative EMI.
Gone are the days when applying for housing finance meant taking time off your busy schedule and visiting your lender’s branch. With our online home loan application portal, you can start and file your loan application within minutes.
Want to apply for a home loan in Visakhapatnam? Click on the “Apply Now” tab to fill out a digital form. After which we will quickly check if your application matches our eligibility criteria and ask you for relevant documents.
Our experts will then inspect the property you wish to buy and hand you your E-sanction letter if everything checks out.
And, that’s it! Once we approve your home loan, you’ll receive the amount in your bank account within a few days. So, you see how easy it is to apply for housing loan in Visakhapatnam?
Customer care: 18602676060
Email – contactus@tatacapital.com
Registered Branch – TCHFL, Krupa Biz House, 49-24-51, 4th Floor, Shankarmattam Road, Madhura Nagar, Visakhapatnam - 530016
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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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