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2 Crore Tata Capital Home Loan
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A Tata Capital 2 Crore home loan is a quick and convenient way to finance your dream home! Tata Capital offers hassle-free home loans with unmatched interest rates starting from 8.75% p.a. and a flexible tenure of up to 30 years, making them a trustworthy choice for common people. The EMIs offered under the plan cater to various financial needs–-ensuring an efficient and easy home loan process. Get complete details about the Tata Capital 2 Crore home loan below and discover the EMI amount for different loan tenures.
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Table of Content
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2 Crore Home Loan Tata Capital – Highlights
Here is a quick look at the main points of the 2 Crore home loan EMI Tata Capital. Skim through the table to get a better idea about this scheme.
Feature | Details |
Loan Amount | Up to ₹5 Crores* |
Tata Capital Home Loan Interest Rate | Starting from 8.75% p.a.* |
Loan Tenure | Up to 30 years |
Processing Fee | 0.5% to 2% of loan amount |
Fast Approval | Within 48 Hours |
Co-applicant Benefits | Easy loan repayment and higher tax benefits under Income Tax Act sections 24 and 80C |
2 Crore Home Loan EMI for 5 Years Tata Capital
If you plan to repay a 2 Crore home loan over five years, Tata Capital offers low interest rates and affordable Equated Monthly Instalments. Below is a thorough breakdown of the EMIs during the 5-year term:
Loan Amount (₹) | Interest Rate (p.a.) | Tenure Of Loan | Total Amount Payable | Total Interest Payable | Monthly EMI |
2,00,00,000 | 10% | 5 years | ₹2,54,96,454* | ₹54,96,454* | ₹4,24,941* |
2 Crore Home Loan EMI for 10 Years Tata Capital
EMI for a loan amount of 2 Crore from Tata Capital when opted for a tenure of 10 years:
Loan Amount (₹) | Interest Rate (p.a.) | Tenure Of Loan | Total Amount Payable | Total Interest Payable | Monthly EMI |
2,00,00,000 | 10% | 10 years | ₹3,17,16,177* | ₹1,17,16,177* | ₹2,64,301* |
2 Crore Home Loan EMI for 15 Years Tata Capital
Tata Capital provides various repayment options, and if you opt for 15 years, here is the EMI breakdown for a 2 Crore housing loan:
Loan Amount (₹) | Interest Rate (p.a.) | Tenure Of Loan | Total Amount Payable | Total Interest Payable | Monthly EMI |
2,00,00,000 | 10% | 15 years | ₹3,86,85,784* | ₹1,86,85,784* | ₹2,14,921* |
2 Crore Home Loan EMI for 20 Years Tata Capital
For borrowers who prefer longer repayment terms, here’s the EMI you would pay for a 2 Crore home loan from Tata Capital over 20 years:
Loan Amount (₹) | Interest Rate (p.a.) | Tenure Of Loan | Total Amount Payable | Total Interest Payable | Monthly EMI |
2,00,00,000 | 10% | 20 years | ₹4,63,21,039* | ₹2,63,21,039* | ₹1,93,004* |
2 Crore Home Loan EMI for 25 Years Tata Capital
Calculate the monthly instalment for a 2 Crore home loan from Tata Capital with an interest rate beginning at 10%:
Loan Amount (₹) | Interest Rate (p.a.) | Tenure Of Loan | Total Amount Payable | Total Interest Payable | Monthly EMI |
2,00,00,000 | 10% | 25 years | ₹5,45,22,045* | ₹3,45,22,045* | ₹1,81,740* |
2 Crore Home Loan EMI for 30 Years Tata Capital
Tata Capital’s 2 Crore home loan repayment process offers a much more flexible and smooth way of promoting repayment over up to 30 years. The following shows the equated monthly instalment for a home loan of 2 Crores with a 30-year duration:
Loan Amount (₹) | Interest Rate (p.a.) | Tenure Of Loan | Total Amount Payable | Total Interest Payable | Monthly EMI |
2,00,00,000 | 10% | 30 years | ₹6,31,85,153* | ₹4,31,85,153* | ₹1,75,514* |
Get accurate EMI details and use Urban Money’s Home Loan EMI calculator to map out the perfect payment plan for your home loan.
2 Crore Tata Capital Home Loan – Fee and Charges
2 Crore home loan EMI Tata Capital charges are designed to benefit the customer. They are transparent and competitive, with no hidden pitfalls for future discoveries. These charges will make the home loan experience smoother and more affordable.
Applicable Charges | Fee |
ROI | With an average of 9.45% going up to 15.85% |
Processing Fee | 0.5% to 2% of the loan amount |
Prepayment/Foreclosure Charges | Nil for loans with floating interest rates |
Delayed EMI Payments | 2.36% PM (Inclusive of GST) on the defaulted |
CIBIL Score | 750+ |
2 Crore Tata Capital Home Loan – Documents Required
To apply for a 2 Crore home loan from Tata Capital, customers must supply appropriate papers confirming their location’s nature. Here is a list of the required documents to be submitted:
Salaried Applicants
Proof of Age | Identity Document | Residential Address Proof |
Salary Slips | Details of Current Loans | A cheque for Processing Fees |
Self-employed Applicants
Proof of Age | Identity Document | Residential Address Proof |
Business Ownership Proof | Proof of Income (ITR, bank statements) | Details of Current Loans |
2 Crore Tata Capital Home Loan – Eligibility Criteria
The 2 Crore home loan eligibility for Tata Capital is straightforward, allowing all needing a loan to avail at easy terms.
- Age – Younger borrowers find longer tenures advantageous, whereas older borrowers might choose shorter tenures to match their retirement plans.
- Employment Type – Applicants must be either salaried or self-employed in order to get approval for a Tata Capital housing loan for 2 Crore.
- Minimum Income – Salaries are calculated based on location and tenure.
Credit Score – The applicant’s preferred credit score must be between 650 and 750 for profitable interest rates.
Frequently Asked Questions (FAQs)
What is the EMI for a 2 Crore Home Loan for 20 years in Tata Capital?
The monthly EMI for a 2 Crore home loan for 20 years with Tata Capital will be ₹1,93,197*.
Who is eligible for a 2 Crore Home loan in Tata Capital?
People between 18 and 60 who are employed or self-employed must have a minimum monthly income of ₹30,000 and a credit score of 650+ to qualify for a 2 Crore home loan from Tata Capital.
What is the monthly interest rate of a 2 Crore home loan in Tata Capital?
Tata Capital's home loan interest rate of 2 Crore is around 0.72%.
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