How Tata Capital Home Loan Can Help You Build Your Dream House!

How Tata Capital Home Loan Can Help You Build Your Dream House!

It is close to impossible to finance your dream house by yourself. This is because purchasing or constructing a house is a capital intensive process. You do need financial support to build the house of your dreams. There’s a profusion of home loan options in the market, but not every home loan is an affordable option for financing your house. In terms of affordable loan, Tata capital home loan has emerged as a promising player.

Tata Capital, one of the leading Non-Banking Financial Companies, provides attractive customized home loan packages for people of different professions. It provides a loan amount at low interest rates so that repaying the loan doesn’t feel like much of a burden. Let's get to know what it is about the ​Tata Capital home loan​ that makes it such an attractive loan option.

What are the Advantages of taking a Tata Capital Home Loan?

Variety of Home Loans: ​Where other banks and NBFCs are offering home loans only for constructing a new house or purchasing a new one, Tata is being innovative in its approach by launching various types of home loans for every need. Apart from the regular ​home loan​ option for purchasing or constructing, Tata Capital Loan provides ‘Home Improvement Loans’ and ‘Home Extension Loans’.​ ​These loans help you to renovate your existing house to a whole brand new house and by availing extension loans you can make your existing house bigger.

Affordable Interest Rates:​ Unlike other lending institutions whose interest rates are skyrocketing so much that it is restricting the customer from living his present life peacefully. As stated earlier, Tata Caphome loan is a friendly option, it offers support to realize your dreams as soon as possible. It offers home loans at interest rates starting from 9.25% per annum onwards. There’s an additional provision for women through which Tata Capital offers them a lower rate of interest than others.

Customized loan for different Occupations​: Tata Capital has different home loan packages for different occupations. There is a special home loan scheme for agriculturalists, horticulturists, planters and daily farmers. By availing this loan, farmers can purchase or construct a home of their choice in any city or town. And the farmer can avail the loan without mortgaging his agricultural land.

Transparency in Charges: ​Some lending institutions may try to be evasive about some of the charges in relation to home loans. These charges can disrupt all your plans to build or purchase your new home. But, Tata Capital Home Loan likes to keep all the fees and charges on the table, whether it’s a matter of processing fee or pre-payment charges. Once these charges are in front of you, the call is yours to take.

Repayment Through Automated EMIs: ​It’s like Tata Capital is on a mission to serve its customer holistically. To give a 360 degree experience to the customer​ ​in regards to their home​ ​loans, Tata Capital provides automated repayment of EMIs facility wherein the customer can give standing instructions to the NBFC to deduct a certain amount of funds every month from the customer’s account towards the repayment of loan.

Eligibility Calculator Perks: ​Tata Capital home loan has developed an eligibility calculator for the customer’s convenience. By using this calculator, the customer can immediately ascertain whether they are eligible for the home loan by Tata Capital or not.

Also, if they are eligible for the home loan, it determines how much loan they are eligible for. This helps the customer in making decisions.