Home Loans Flexi EMI Home Loan Home Loan Balance Transfer Home Loan Top Up Interest Rates EMI Calculator Types of Home Loans
Eligibility and Documents Fees & Charges Prepayment Housing Finance Key Features Tools and Calculators Advantages NRI Home Loans Insurance Cover for Home Loan Balance Transfer and Top Up FAQs Blog
Home Loan Eligibility and Documents
What is Home Loan Eligibility Criteria ?
At Tata Capital, we have eligibility criteria that can be easily met by borrowers. We classify borrowers based on their source of income. They can be
- Salaried individuals working in reputable companies
- Self-employed professionals
- Self-employed non-professionals or businessmen
- Borrowers should earn income sufficient to service the home loan they want to avail
The eligibility criteria for different class of borrowers in terms of age is
- You should be above 24 years of age at the time of borrowing the loan
- You should be below 65 years of age or superannuation (for salaried individuals) whichever is earlier at the time of maturity of the loan
What documents are needed to avail for a Home Loan ?
We seek standard documents from you to process your home loan as per the following table
|Self Employed |
|Self Employed |
|Latest Salary Slip||Yes||No||No|
|6-month Bank Statement||Yes||Yes||Yes|
|Last 3-year ITR of individual||No||Yes||Yes|
|Last 3-year ITR of profession||No||Yes||Yes|
|Last 3-year P/L Statement||No||Yes||Yes|
|Last 3-year Balance sheet||No||Yes||Yes|
How to Check Home Loan Eligibility ?
You can check your home loan eligibility by providing basic personal information about yourself, your profession, your business, your employment, your income, the loan amount you need and the tenure. You can follow the three steps here.
What is the maximum Home Loan you are eligible for ?
We provide you a home loan up to Rs 3 crore depending on your income profile. In special cases we can lend up to Rs 10 crore. However, all loans are subject to terms and conditions prevailing at the time of availing the loan.
Recently there have been cases of fraud being committed under the name of Tata Capital or Tata Finance. Customers are requested to read the attached advisory and be aware of misleading advertisements in the newspapers. Click here to read the advisory and be aware of misleading advertisements in the newspapers.
Home Loan Guide
At Tata Capital, we believe a home is so much more than four walls and a roof. It is your refuge from the world. It is a place where you can let go and truly be yourself. and it is our endeavour to bring you closer to owning your dream home, the place where you can truly express yourself.
However, we also realize that for most people , buying their dream home can be a long and complicated process. This is why it is our aim to simplify this process and give you all the information you require to make your home-buying process completely hassle-free. The home loan guide contains important points you should keep in mind while deciding to purchase a house, so that your home purchase is a landmark you can look back upon with satisfaction and pride.