Incorrect OTP
Standard EMI Plan allows you to pay the principal amount along with the interest consistently for your defined tenure.
We have pre approved offers for you
Fill in these details to know more
PERSONAL LOAN INTEREST RATES STARTING AT 10.99%
PERSONAL LOAN INTEREST RATES STARTING AT 13.50%
WEDDING LOAN FUNDING UP TO RS. 25 LAKHS
LOANS FOR MEDICAL NEEDS ON AN EMERGENCY BASIS
AVAIL TAX BENEFITS ON EDUCATION LOANS FOR HIGHER STUDIES
PERSONAL LOANS FOR ALL YOUR TRAVEL NEEDS
HOME RENOVATIONS LOANS FOR YOUR HOUSING NEEDS
HOME LOANS WITH INSTANT APPROVALS STARTING AT 6.90%
CUSTOMISED SOLUTIONS FOR HOME EXTENSION NEEDS WITH TENURE UP TO 30 YEARS
UNDER THE PRADHAN MANTRI AWAS YOJNA SCHEME, AVAIL INTEREST RATE SUBVENTION STARTING AT 4%
PERSONAL LOAN INTEREST RATES STARTING AT 10.99%
PERSONAL LOAN INTEREST RATES STARTING AT 13.50%
WEDDING LOAN FUNDING UP TO RS. 25 LAKHS
LOANS FOR MEDICAL NEEDS ON AN EMERGENCY BASIS
AVAIL TAX BENEFITS ON EDUCATION LOANS FOR HIGHER STUDIES
PERSONAL LOANS FOR ALL YOUR TRAVEL NEEDS
HOME RENOVATIONS LOANS FOR YOUR HOUSING NEEDS
HOME LOANS WITH INSTANT APPROVALS STARTING AT 6.90%
CUSTOMISED SOLUTIONS FOR HOME EXTENSION NEEDS WITH TENURE UP TO 30 YEARS
UNDER THE PRADHAN MANTRI AWAS YOJNA SCHEME, AVAIL INTEREST RATE SUBVENTION STARTING AT 4%
ONE STOP SHOP FOR BUSINESS FINANCING UP TO RS. 50 CRORES
LOAN AGAINST PROPERTY UP TO RS. 3 CRORES WITH FLEXIBLE LOAN TENURES
LOAN AGAINST PROPERTY UP TO RS. 3 CRORES WITH FLEXIBLE LOAN TENURES
As one of the leading Indian Investment Managers, Tata Asset Management Limited understands that managing wealth is as important as the creation of it. View their range of investment solutions for financial planning & wealth creation.
Know More
AVAIL 0% INTEREST RATE AND ON-SPOT APPROVALS WITH YOUR NEXT ELECTRONIC PURCHASE
UNLOCK THE POWER OF YOUR INVESTMENTS WITH LOAN AGAINST SECURITIES UP TO RS. 20 CRORES
We're constantly crafting offers and deals for you. Get them delivered straight to your device through website notifications.
All You Have To Do Is Click On "Allow".
As families grow, their needs, desires, requirements and aspirations also tend to change with time. We at Tata Capital value your aspirations. To cater to your growing needs, we have introduced Home Extension Loan, that enables you to expand your home to create more space for your loved ones. You can use this home extension loan to set up a garden, add a balcony, build a new study room for your children…the possibilities are endless. However, home extension projects can also be expensive. From buying raw materials to paying contractors, builders, interior designers and more, the costs tend to stack up. But with our Flexi EMI repayment options and affordable interest rates, you don’t have to worry about financing the big and spacious home that you and your family truly deserve.
To be eligible for Home Extension Loan, you have to meet a few basic criteria. You should be in the age group of 21 to 58 (at the time of completion of the Home Extension Loan). Additionally, you should earn minimum Rs 20,000 per month and have at least two years of work experience.
Learn more about Home Extension Loan Eligibility and Documents for further details.
A Home Extension project involves creating and adding more space within the house. Usually, it means expanding the house to add a few more rooms to accommodate your growing needs. Here are some of the ways you can use the Home Extension Loan for:
Make a plan
Before starting a Home Extension project, map out a plan detailing all your needs that your current house does not accommodate. Does your child need a separate study room to make sure their education does not get affected? Do you need a balcony to get more breathing space or need extra space to do some yoga stretches? Knowing exactly what you need from your house will help you network with the right experts to realise your vision.
Find experts
Finding the right vendors who put your needs first is incredibly important for your home extension plans. Research thoroughly to find the right architects, interior designers, contractors, managers and builders. Share a clear vision with them and if possible, talk to their previous clients. By connecting with the experts and vendors, your project will be a runaway success.
Find a temporary accommodation
It may be difficult to live inside your house while the home extension project is underway. Rather than squeezing yourself and your family into a cramped space, find lodgings nearby. Living in your own house during this period may actually end up slowing down the project as the workers will have to accommodate around your life.
Get your finances in order
A home extension project can prove to be an expensive affair. Hence, it is important to get the funds in place before you start out. A Home Extension Loan will be able to cater to your needs and provide you with financing wherever you fall short. At Tata Capital, we offer highly competitive interest rates and let you customise how you choose to repay your home extension loan at a speed you are comfortable with.
Why settle for anything less than what you deserve? We offer greater home extension loan eligibility for you to turn your house into your sanctuary.
We know that home extension projects can be expensive, and we are here to help you. We charge you a minimal processing fee so you can spend your money and time on what matters most, building your home sweet home! so.
We make renovating your home very easy. You have the power to decide how you want to repay your home renovation loan based on your needs and comfort.
We offer to provide support up to 75 % of the cost of extension
By taking a Home Extension Loan, you can get a tax deduction of ₹ 30,000/- under section 24(b) of Income Tax Act, 1961 towards interest payments made in a year against the Home Extension Loan.
Our interest rates that start at 8.50% are competitive amongst the other players in the industry. However, it depends on loan eligibility, income and other criteria to determine the interest rates for the loan offered.
Equated Monthly Instalment (EMI) depends on the principal loan amount, the interest rate charged and the tenure for which the home extension loan is taken.
You can choose your home extension loan EMI amount that is comfortable for you by using the Home Extension Loan EMI calculator.
You can decide how you want to repay the home extension loan. For a fixed amount of loan and interest, you can choose our structured EMI. With longer tenure, you will have lower EMI. You can also prepay your loan after meeting defined terms and conditions.
You can pay your home extension loan through auto debit or ECS facility. In exceptional cases, you can also opt for a post-dated cheque payment facility.
In order to be eligible for Home Extension Loan, you have to meet a few basic criteria. You should be in the age group of 21 to 58 (at the time of completion of the Home Extension Loan). You should earn minimum ₹ 20,000 per month or have at least two years of experience.
We only need some basic documents to process your Home Extension Loan. Here’s a handy guide to keep in mind.
| Documents Required | |
| Photo Identity Proof (Any One) | Voter ID /Passport/Driving License/ Aadhaar card |
|---|---|
| Address Proof (Any One) | Ration Card/Electricity Bill/ Passport |
| Bank Statements | Bank statements for the last three months |
| Employment Certificate | A certificate stating two years of continuous employment |
| Salary Slips | Salary slips for the last three months |
You have to meet basic conditions to get the Home Extension Loan. You can use our Home Extension Loan Eligibility Calculator to find your home extension loan eligibility. At Tata Capital, we believe in extending a loan with minimal paperwork, reasonable interest rate and flexi EMI repayment options.
The maximum amount will depend on your needs and eligibility and it is customisable.
The Home Extension Loan EMI calculator helps you to understand the EMI that you will pay towards the principal and interest payment over the course of your loan tenure. With the help of home extension loan EMI calculator, you can identify your monthly instalments and can chart out a plan to pay off your home loan.
EMI stands for Equated Monthly Instalments. It is the payment that you make for any home extension loan undertaken for a specified tenure to pay off the loan. You can choose tenure from 12 to 84 months to repay your loan with TATA Capital. Your EMI will include principal and interest component. Though the amount of EMI does not change, the percentage of principal & interest will change month on month. Initially, the interest is higher but gradually the principal payment is more. The exact percentage of principal and interest will depend on the interest rate charged and the tenure for which the loan is taken.
Enter the following information to calculate your EMI:
6 Reasons why we are the right fit for you and your home
We offer Home Extension Loans to meet your fund requirements without bothering you with too many formalities other than the statutory requirements as prescribed by law.
Our Home Extension Loan interest rates are competitive and affordable. We let you tailor everything according to your convenience and ability to repay.
Our Home Extension Loan lets you choose the loan amount, EMI repayment options and tenure for which you need the loan.
We ask for minimal documentation to process your application. We just need some mandatory information like the source of your income and the purpose of the loan.
Our personalised approach gives us the edge and has left countless of our customers satisfied. You are not just an application form to us. We understand that one size doesn’t fit all.
This means we understand your needs and we will tailor our services to your needs. If you look good, we look good.
WHY CHOOSE US
