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Personal Loan
Personal Loans at Tata Capital are unique and flexible. We offer quick and easy finance at competitive interest rates. Our Personal Loan is built around your needs. Who says you can’t have it easy? With us, all it takes is a click.
Apply NowPERSONAL LOAN INTEREST RATES STARTING AT 10.99%
Overdraft Loan
Need instant cash for those unexpected needs? Tata Capital offers Personal Loan Overdraft facility with the flexibility to withdraw funds as per your need and pay interest only on the utilized amount.
Apply NowPERSONAL LOAN INTEREST RATES STARTING AT 13.50%
Marriage Loan
A marriage today comes with its fair share of frills, thrills and not to mention - Bills. A Personal Loan for Wedding enables you to pay for anything related to your special day. We help you find a loan that fits your budget in a timely manner and make your fairy-tale wedding come to life.
Apply NowMARRIAGE LOAN FUNDING UP TO RS. 35 LAKHS
Medical Loan
In times of emergency, getting funds should be a hassle free experience. Tata Capital,s Medical Loan provides flexible repayment options for all cosmetic, medical and dental procedures. With us, you can rest easy knowing your medical expenses are covered.
Apply NowLOANS FOR MEDICAL NEEDS ON AN EMERGENCY BASIS
Education Loan
Tata Capital offers Education Loans to help students pay their tuition fees and living cost when they are looking to take the next steps in their education, both in India and abroad.
Apply NowAVAIL TAX BENEFITS ON EDUCATION LOANS FOR HIGHER STUDIES
Travel Loan
Want to fund your vacation but falling short on funds? An EMI based Travel loan can be an ideal way to pay for a holiday that you can’t quite cover in one go. Head off on your next adventure. Our Travel Loan is simple, easy and fast!
Apply NowHome Renovation Loan
Thinking of revamping your home? We help you do just that with our Personal Loan for Home Renovation. Whether you want to remodel your kitchen or turn your children’s bedroom into a magical fairy land, our Home Renovation Loan facility will help in giving your home a new look.
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Home Loan
If you’re a first-time home buyer, looking to expand your existing home, or just thinking to live rent-free for all your life, Tata Capital's Home Loan is the ideal solution to all your home loan requirements. Our Home Loans are quick and easy and are available at an attractive interest rate.
Apply NowHOME LOANS WITH INSTANT APPROVALS STARTING AT 8.95%
Home Extension Loan
As the years go by and your family continues to grow, does your house feel smaller? Tata Capital’s Home Extension Loan is a perfect solution to help you give your family that additional space they deserve.
Apply NowCUSTOMISED SOLUTIONS FOR HOME EXTENSION NEEDS WITH TENURE UP TO 30 YEARS
Affordable Housing Loan
Every person deserves a home to call their own. With this vision and under the Pradhan Mantri Awas Yojana Scheme, Tata Capital Housing Finance offers affordable home loans at competitive interest rates.
Apply NowUNDER THE PRADHAN MANTRI AWAS YOJNA SCHEME, AVAIL INTEREST RATE SUBVENTION STARTING AT 4%
PMAY
The PMAY is a Government backed Credit Linked Subsidy Scheme (CLSS) wherein the mission is to provide affordable housing for all by the year 2022. The PMAY scheme offers its beneficiaries with subsidy, where the Pradhan Mantri Awas Yojana interest rate is charged at a subsidised or reduced rate than regular housing loans. This is done to make it possible for everyone to afford a home.
Business Loan
Whether you want to revamp your business, launch a new store, buy new machinery, increase working capital or outperform your competitors. Tata Capital Unsecured Business Loans offer you customised loans to suit your business plan.
Apply NowONE STOP SHOP FOR BUSINESS FINANCING UP TO RS. 50 CRORES
LOAN AGAINST PROPERTY UP TO RS. 3 CRORES WITH FLEXIBLE LOAN TENURES
Used Car Loan
Opting for a Used Car Loan is a smart, value-for-money purchase. Tata Capital offers Used Car Loans upto Rs. 50 lakhs for a wide collection of cars ranging from hatchbacks & SUVs to premium sedans. Your favourite car is just a click away.
Apply NowTwo Wheeler Loan
Nothing matches the thrill of owning your brand new bike. Tata Capital offers Two Wheeler Loans for you to own the bike of your choice. We offer up to 100% funding on your new motorcycle or scooter.
Apply NowLoan Against Securities
With Loan Against Securities (LAS) from Tata Capital, you can unlock the potential of your investments. All you have to do is pledge your equity shares, mutual funds, bonds or securities and get access to instant liquidity. We offer LAS with zero foreclosure and prepayment charges.
Apply NowUNLOCK THE POWER OF YOUR INVESTMENTS WITH LOAN AGAINST SECURITIES UP TO RS. 20 CRORES
Loan Against Securities
With Loan Against Securities (LAS) from Tata Capital, you can unlock the potential of your investments. All you have to do is pledge your equity shares, mutual funds, bonds or securities and get access to instant liquidity. We offer LAS with zero foreclosure and prepayment charges.
Apply NowUNLOCK THE POWER OF YOUR INVESTMENTS WITH LOAN AGAINST SECURITIES UP TO RS. 20 CRORES
VEHICLE LOAN
Used Car Loan
APPLY NOWMutual Fund
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 MoreConsumer Durable Loan
A better and more comfortable lifestyle is now within your reach. Tata Capital’s Consumer Durable loan covers 100 + lifestyle products from that giant TV to the home theatre system. We offer 0% interest on most of the consumer durable products and are the one-stop solution for your every needs.
Insurance
At Tata Capital, we understand your insurance needs and offer Insurance policies that provide protection against any unforeseen risks. Tata Capital has solutions to cater to your various needs - you can avail any of the Online Insurance policies with just a few clicks!
Know MoreMicrofinance
Tata Capital provides easy Microfinance Loans available at attractive interest rates. Avail a loan up to Rs. 2 lakhs through a simple process with minimal documentation. Get flexible tenures up to 36 months and repay your Microfinance loan EMI as per your convenience.
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Apply NowPersonal Loan
PERSONAL LOAN INTEREST RATES STARTING AT 10.99%
Overdraft Loan
PERSONAL LOAN INTEREST RATES STARTING AT 13.50%
Marriage Loan
MARRIAGE LOAN FUNDING UP TO RS. 35 LAKHS
Medical Loan
LOANS FOR MEDICAL NEEDS ON AN EMERGENCY BASIS
Education Loan
AVAIL TAX BENEFITS ON EDUCATION LOANS FOR HIGHER STUDIES
Travel Loan
Home Renovation Loan
HOME RENOVATIONS LOANS FOR YOUR HOUSING NEEDS
Home Loan
HOME LOANS WITH INSTANT APPROVALS STARTING AT 8.95%
Home Extension Loan
CUSTOMISED SOLUTIONS FOR HOME EXTENSION NEEDS WITH TENURE UP TO 30 YEARS
Affordable Housing Loan
UNDER THE PRADHAN MANTRI AWAS YOJNA SCHEME, AVAIL INTEREST RATE SUBVENTION STARTING AT 4%
Loan Against Property
Loan Against Securities
Personal Loan
PERSONAL LOAN INTEREST RATES STARTING AT 10.99%
Overdraft Loan
PERSONAL LOAN INTEREST RATES STARTING AT 13.50%
Marriage Loan
MARRIAGE LOAN FUNDING UP TO RS. 35 LAKHS
Medical Loan
LOANS FOR MEDICAL NEEDS ON AN EMERGENCY BASIS
Education Loan
AVAIL TAX BENEFITS ON EDUCATION LOANS FOR HIGHER STUDIES
Travel Loan
Home Renovation Loan
HOME RENOVATIONS LOANS FOR YOUR HOUSING NEEDS
Home Loan
HOME LOANS WITH INSTANT APPROVALS STARTING AT 8.95%
Home Extension Loan
CUSTOMISED SOLUTIONS FOR HOME EXTENSION NEEDS WITH TENURE UP TO 30 YEARS
Affordable Housing Loan
UNDER THE PRADHAN MANTRI AWAS YOJNA SCHEME, AVAIL INTEREST RATE SUBVENTION STARTING AT 4%
Business Loan
ONE STOP SHOP FOR BUSINESS FINANCING UP TO RS. 50 CRORES
Loan Against Property
LOAN AGAINST PROPERTY UP TO RS. 3 CRORES WITH FLEXIBLE LOAN TENURES
Loan Against Securities
UNLOCK THE POWER OF YOUR INVESTMENTS WITH LOAN AGAINST SECURITIES UP TO RS. 20 CRORES
Loan Against Securities
UNLOCK THE POWER OF YOUR INVESTMENTS WITH LOAN AGAINST SECURITIES UP TO RS. 20 CRORES
Used Car Loan
Two Wheeler Loan
Mutual Fund
Mutual Fund
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.
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Consumer Durable Loan
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The PMAY is a Government backed Credit Linked Subsidy Scheme (CLSS) wherein the mission is to provide affordable housing for all by the year 2022. Originally committed to providing housing for the Economically Weaker Section (EWS) and the Low Income Group (LIG), the scheme was further expanded on 1st January, 2017, to include the Middle Income Groups (MIGs) as well.
Credit Linked Subsidy Scheme (CLSS) for EWS/LIG/MIG I & II under PMAY-U has been discontinued from 1st April,2022. For existing customers, the subsidy will be processed as per the contract from NHB.
The following are the main features or benefits of the PMAY scheme –
Subsidy Benefit
Perhaps one of the most significant benefits of the PMAY scheme is the Pradhan Mantri Awas Yojana subsidy that can be availed up to Rs. 2.67 lakhs. Individuals meeting PMAY eligibility can enjoy partnerable affordable housing, subsidised individual house construction or improvement, and rehabilitation of slum dwellers, in-situ basis.
Extended Loan Tenure
PMAY offers its beneficiaries with a loan tenure that extends up to 20 years. As a result, beneficiaries can enjoy low repayment instalments.
No Loan Limits
The PMAY scheme does not give a specified limit on the loan amount that can be borrowed. Hence, beneficiaries can take a housing loan as per their need provided they will be able to repay it by the end of its term.
Option of Additional Loan
Beneficiaries that need housing loans above and beyond what offered under PMAY can apply for additional loans. The important thing to note here is that such loans will be given at non-subsidised rates and the lender will charge a normal processing fee.
Benefits for Women and Minorities
The PMAY scheme makes female home ownership or co-ownership of the property a mandatory clause under the EWS and LIG categories and an optional clause under the MIG I and MIG II categories. Moreover, preference provisions are available for salaried women, widows, transgender, the disabled, and senior citizens. For example – If a senior citizen applies under this scheme, they can be assured of ground floor accommodation.
Eco-Friendly Construction
The houses built under the PMAY scheme are done so using eco-friendly construction technology and materials. This will lower environmental pollution and ensure minimal damage in and around the site of construction.
Launched in 2015, Pradhan Mantri Awas Yojana (Urban) or PMAY (U) is a scheme by the Central Government with the mission of providing affordable housing for all income groups in urban areas within 2015 to 2022.
Here are some important facts about PMAY-U –
Number of houses sanctioned – 88 lakhs
Number of houses built – 26 lakhs
Number of houses occupied – 24 lakhs
Total investment made – Rs. 5.20 lakh crore
Central Assistance sanctioned – Rs. 1.37 lakh crore
Central Assistance provided – Over Rs. 52,000 lakh crore
The Pradhan Mantri Awas Yojana (Gramin) or PMAY (G) is the communal welfare scheme introduced by the Central Government with the mission of providing ‘pucca’ houses with basic amenities to those living in ‘kutcha’ huts in the rural areas of India, by the year 2022.
Here are some important facts about PMAY-G –
Number of houses sanctioned – 1.23 crore
Number of houses completed – 84 lakhs
Central Assistance provided – Rs. 8 lakh crore
State Assistance provided – Rs. 15 lakh crore
The PMAY scheme offers its beneficiaries with subsidy, where the Pradhan Mantri Awas Yojana interest rate is charged at a subsidised or reduced rate than regular housing loans. This is done to make it possible for everyone to afford a home.
Let us understand this with the help of an example – For a maximum loan amount of Rs. 6 lakhs given at an original interest rate of 9% for a period of 20 years, a beneficiary belonging to the LIG category will get the loan at a subsidised rate of 6.5%. Here, the Net Reduction in EMI is Rs. 2405
Additional Read: Read all about PMAY Subsidy Scheme
The following is the basic eligibility criteria to avail the Pradhan Mantri Awas Yojana –
The beneficiary’s annual household income must fall under any one of the four income categories
The beneficiary family must not own a pucca house in either his/her name or in the name of any other family member in any part of India
The beneficiary family should not have availed any form of Central assistance from the Indian Government under any housing scheme or any benefit under the PMAY scheme.
In case of a married couple, a single PMAY subsidy can be availed by both or any one of the two provided the meet the income eligibility
Check your PMAY eligibility now!
Besides the regular loan application-related documents, the following additional documents need to be submitted in order to avail the Pradhan Mantri Awas Yojana subsidy –
Affidavit cum Declaration that proves that the beneficiary family does not own any pucca house
Annual household income – Self-attested Income certificate, Salary slips
Declaration for property under construction, if applicable – Construction Agreement with the developer or builder, Valuation Certificate for the property you intend to buy, Receipt of advance payment for the property you intend to purchase
Identity Proof – Aadhaar Card/PAN Card/Driving License/Voters’ ID
Copy of Address Proof
NOC from a Competent Authority or any Housing Society
The Pradhan Mantri Awas Yojana calculator or the PMAY calculator is a simple online tool using which you can calculate your PMAY subsidy amount and the category under which you are eligible for the PMAY scheme.
Simply by entering your annual family income, loan tenure, and the loan amount in the PMAY calculator, you can know the PMAY subsidy you are eligible to receive within seconds.
To register under the PMAY scheme, follow the following steps –
Step 1 – Log onto the official PMAY website
Step 2 – Select the ‘Benefits Under Other 3 Components’ option by clicking on ‘Citizen Assessment’ from the drop-box
Step 3 – Enter your Aadhar number and click on ‘Submit’
Step 4 – The site will verify your Aadhar details and if they are correct, you will be directed to the next page where you will have to furnish information such as your name, income, address, contact number, religion, caste, and the likes
Step 5 – Once you have entered in all the information, type the Captcha Code in the box provided at the bottom of the page and click ‘Submit’
You can check and edit your details later on with the help of your Application and Aadhar number.
The Ministry of Housing and Urban Poverty Alleviation has launched a Credit Linked Subsidy Scheme (CLSS) under the Pradhan Mantri Awas Yojana (Urban) in June 2015.
The PMAY subsidy scheme is launched with an aim to provide housing to all eligible beneficiaries under Economical Weaker Sections (EWS), Lower Income Group (LIG), Middle Income Group I (MIG I), and Middle Income Group II (MIG II) by 2022.
For those who qualify for PMAY but are wondering how to apply for PMAY online, here’s a step by step guide –
· Identify your PMAY beneficiary category
· Visit the government’s official website – https://pmaymis.gov.in/
· Select ‘Citizen Assessment’ and then choose the relevant applicant category
· Fill out the online PMAY application form
· Enter the Captcha code, double-check your details, and click on ‘Submit.’
The beneficiary family comprises the husband, wife, and unmarried children.
(An adult earning member irrespective of their marital status can be treated as a separate household in MIG category and shall be considered under PMAY eligibility criteria).
Wondering how to check Pradhan Mantri Awas Yojana status? You can check your PMAY status online in the following steps –
· Visit the official government website –
· Click on ‘Citizen Assessment,’ and under that, click on ‘Track Your Assessment.’
Your application status will be displayed.
There is no such upper limit on the maximum PMAY loan principal that one can borrow; however, PMAY subsidy is only available up to a maximum amount of Rs. 12 lakhs. You can get to know your PMAY amount using online PMAY calculator.
No, those looking to avail PMAY for existing home loan do not qualify for the scheme. This is because the basic PMAY eligibility for home loan is that the applicant or anyone from their household must not own a ‘pucca’ house in their name anywhere across India.
The PMAY scheme is available for first-time homeowners.
Yes, female ownership of the property is mandatory, but not for all beneficiary categories. The same is mandatory only for EWS and LIG categories, but not for the two MIG categories.
Yes, tax exception on PMAY scheme is available for beneficiaries as per Section 80C and Section 24(b) of the Income Tax Act, 1961. An applicant is eligible for the following PMAY tax benefits –
· Deductions of up to a maximum of Rs. 1.5 lakhs per annum on home loan principal outstanding
· Deductions of up to a maximum of Rs. 2 lakhs per annum on the home loan interest amount