TATA Housing Mortgage Loan Interest Rates

Description Charges
Interest Rate 10.5% onwards
Loan Amount Minimum Rs. 10,00,000
Tenure Range 1 - 15 years
Processing Fees Starting from 1.00%
Foreclosure Charges 4% of the principle outstanding at the time of foreclosure + GST applicable
Document Retrieval Charges Rs. 5,000 + 18% GST
Part Payment Fees Nil (up to 25% of principle outstanding in year)

Documents Required for TATA Housing Mortgage Loan

For Salaried Employee
  • Filled up application form with photo

  • Residence and Identity Proof

  • Latest salary slips

  • Form 16

  • Processing fee cheque

  • Last 6 months bank statement

For Self Employed
  • Filled up application form with photo

  • Residence and Identity Proof

  • Educational certificates and business existence proof

  • Last 3 years IT returns

  • Last 3 years Profit & Loss statement and balance sheet

  • Processing fee cheque

  • Last 6 months bank statement

For Businessmen
  • Filled up application form with photo

  • Residence and Identity Proof

  • Educational certificates and business existence proof

  • Business profile and last 3 years IT returns

  • Last 3 years Profit & Loss statement and balance sheet

  • Processing fee cheque

Eligibility Criteria for TATA Housing Mortgage Loan

For Salaried Employee
  • Should be working in MNC/ Large Pvt. Ltd. Co./ Public Ltd. Co./ Central Government/ State Government/ PSU

  • Minimum age should be 25 years old and maximum age is 60 years old at loan maturity

  • Annual income is Rs. 2,40,000

  • Occupational stability is Min. 3 years

For Self Employed Professionals
  • Doctors, Charted Accountants and Architectures can avail of the mortgage loan under this category

  • Minimum age should be 25 years old and maximum age is 60 years old at loan maturity

  • Annual income is Rs. 2,50,000

  • Occupational stability is Min. 3 years

For Self Employed Non Professionals
  • Traders, Wholesalers, and Retailers can avail of the mortgage loan under this category

  • Minimum age should be 25 years old and maximum age is 60 years old at loan maturity

  • Annual income is Rs. 2,50,000

  • Occupational stability is Min. 3 years

For Non Individuals
  • Firm, Public and Pvt Ltd companies can also avail this mortgage loan

  • Annual income is Rs. 3,00,000

  • Occupational stability is Min. 3 years

TATA Housing Mortgage Loan EMI Calculator

To calculate the mortgage loan of TATA Housing, use our EMI calculator.

Features of TATA Housing Mortgage Loan

  • Loans available from Rs. 5 lakhs to Rs. 10 Crores

  • Fast processing and simple documentation

  • Flexible repayment option

  • For commercial properties, loan tenure is 12 to 120 months

  • For residential Properties, loan tenure is 180 months

tata-housing-mortgage-loan
X