Are you dreaming of a spacious two-bedroom house but struggling to find the right loan lender? Tata Capital might be just what you need. Known for being a reliable lender, Tata Capital offers a variety of home loan options that cover almost every need, whether it’s home renovation, reconstruction, or extension.
When you choose their housing loans, you not only benefit from competitive interest rates, long loan durations, and quick disbursals but also enjoy several other features that make the loan application and repayment process much simpler.
One of the standout features is flexibility. Tata Capital allows you to tailor your loan according to your financial situation and preferences. You can choose both the loan amount and repayment tenure, which helps you organize your EMI schedule in advance. There are two EMI plans available: a Standard EMI plan, where you pay the same amount throughout the tenure, and a Step Up Flexi EMI plan, where you can gradually increase your EMI payments as your salary grows. This flexibility lets you adjust your payments based on your financial capacity, helping you manage cash flow more efficiently.
If you’re dissatisfied with your current lender due to high-interest rates or poor service, you can switch to Tata Capital with their balance transfer option. The transfer process involves a processing fee of only 0.5%. Once completed, you’ll benefit from Tata Capital’s interest rates and repayment plans.
Tata Capital also offers loan top-ups, allowing you to add an extra sum to your initial loan amount. This can be helpful for additional projects like home renovation or in emergencies. If a builder unexpectedly raises the property cost, a loan top-up can help cover that increase.
The application process with Tata Capital is fully online and can be completed in just a few minutes. You’ll receive instant approval and an e-sanction letter without having to visit a branch or wait in long lines. By providing your personal, employment, and property information, your home loan eligibility will be assessed. After approval, you can submit your documents online and receive your e-sanction letter in your email. Additionally, Tata Capital offers various online tools, such as a home loan EMI calculator, eligibility calculator, and GST calculator, making it easier for you to plan your finances.
