20 Lakh Tata Capital Home Loan

Tata Capital’s ₹20 Lakh home is a great financial assistance tool that can help one transform their home to match their dreams. More so, it can be a great monetary aid for affordable home purchases. With flexible repayment and competitive interest rates, it offers the financial support you need. The loan can have a tenure of up to 30 years, depending on your eligibility. You can also prepay the loan to reduce your interest costs. Tata Capital allows easy documentation and quick approvals. Check all terms before applying for the 20 Lakh Tata Capital Home Loan pertaining to fees, charges, and other details.

Get in Touch for Home Loan Expert Advice
Connect with our Home Loan Advisor Now!
  • Personalized Home Loan solutions
  • Expert guidance
  • Application assistance
  • Credit score discussion
  • Home Loan Interest rate comparison
+91
Choose City

Written By
Rahul Gautam
Rahul Gautam
Rahul is a finance writer with a background in Journalism. He specialises in making complex financial topics easy to understand. He writes about credit cards, banking, loans, and financial institutions, helping readers explore the financial world with clarity and confidence. His work is both informative and engaging.
Reviewed By
Amit Prakash Singh
Amit Prakash Singh
Co-Founder, Square Yards & Chief Business Officer, Urban Money
Amit Prakash Singh is the Chief Business Officer at Urban Money. With over nine years of experience at Square Capital, he has played a crucial role in establishing it as one of India's premier loan advisory services. Amit's deep financial insights and extensive knowledge have driven significant business growth and strategic advancements. He has successfully built and managed large sales teams, optimised costs, and created leaders within the industry. Amit's financial expertise and strategic vision are key to the ongoing success and expansion of Square Yards and Urban Money.

₹20 Lakh Home Loan Tata Capital – Highlights

Here are the key highlights for Tata Capital’s home loan interest rates for ₹20 Lakh:

Key Highlights Details
Loan Amount 20 Lakh
Interest Rate Starts at 8.75% for Salaried & 

8.85% for Self-employed

Loan Tenure 5 to 30 years
Age Eligibility 21-65 years

₹20 Lakh Home Loan EMI for 5 Years Tata Capital

Have a look at the breakdown of Tata Capital’s housing loan EMI for ₹20 Lakhs:

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total Amount Payment
₹20 Lakhs 8.75% p.a. 5 years 41,274 4,76,468 24,76,468

₹20 Lakh Home Loan EMI for 10 Years Tata Capital

Have a look at the ₹20 Lakhs home loan EMI for 10 years from the Tata Capital:

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total Amount Payment
₹20 Lakhs 8.75% p.a. 10 years 25,065 10,07,842 30,07,842

₹20 Lakh Home Loan EMI for 15 Years Tata Capital

Tata Capital offers a 20 lakh home loan with EMI for 15 years. Here is the price breakdown:

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total Amount Payment
₹20 Lakhs 8.75% p.a. 15 years 19,989 15,98,015 35,98,015

₹20 Lakh Home Loan EMI for 20 Years Tata Capital

₹20 Lakh home loan EMI for 20 years from Tata Capital is as follows:

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total Amount Payment
₹20 Lakhs 8.75% p.a. 20 years 17,674 22,41,811 42,41,811

₹20 Lakh Home Loan EMI for 25 Years Tata Capital

Let’s have a look at Tata Capital’s home loan of ₹20 Lakhs EMI for 25 years:

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total Amount Payment
₹20 Lakhs 8.75% p.a. 25 years 16,443 29,32,862 49,32,862

₹20 Lakh Home Loan EMI for 30 Years Tata Capital

Have a look at the detailed information about Tata Capital housing loan EMI for 30 years is as follows:

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total Amount Payment
₹20 Lakhs 8.75% p.a. 30 years 15,734 36,64,243 56,64,243

₹20 Lakh Tata Capital Home Loan – Fees and Charges

The table below depicts the fees and other charges required for a 20 lakh Tata Capital home loan:

Fee Type Charges
Processing Fee (Salaried) 0.10% of Loan Amount + GST
Processing Fee (Self-employed) 0.20% of Loan Amount + GST
Foreclosure Charges (own funds) No charges
Foreclosure Charges (other funds) Nominal charges apply
Delayed EMI Payments 2% over the regular interest rate
Other Charges (legal, collection fees) As per Tata Capital policy

₹20 Lakh Tata Capital Home Loan – Documents Required

Here are the general documents required for a ₹20 Lakh Tata Capital Home Loan. These documents are required to process the loan application smoothly.

  • Identity proof: Aadhaar card, passport, voter ID, or PAN card.
  • Address proof: Utility bills, rental agreement, or passport.
  • Income proof: Salary slips (last 3 months), bank statements (last 6 months), or income tax returns.
  • For self-employed: Business financial statements or profit and loss accounts.
  • Property documents: Sales deed, agreement to sell, and property title deed. 
  • Additional documents: Passport-sized photographs and co-applicant documents (if applicable).

₹20 Lakh Tata Capital Home Loan – Eligibility Criteria

Below are the 20 lakhs home loan eligibility criteria in Tata Capital:

Eligibility Criteria Details
Age 21 to 65 years
Income Stable income (salaried or self-employed)
Minimum Salary (Salaried) ₹30,000 per month
Work Experience (Salaried) Minimum 2 years of work experience
Business Experience (Self-employed) Minimum 3 years in the same business
Credit Score A good credit score is required
Loan Tenure 5 to 30 years
Co-applicant Option Allowed to enhance eligibility and loan amount

Frequently Asked Questions (FAQs)

What is the EMI for a ₹20 Lakh Home Loan for 20 years in the Tata Capital?

The EMI for a ₹20 Lakh Home Loan from Tata Capital, with an interest rate of 8.75% per annum and a tenure of 20 years, would be approximately ₹17,674 per month.

Who is eligible for a ₹20 Lakhs Home Loan in the Tata Capital?

To qualify for a ₹20 lakh Home Loan from Tata Capital, applicants should be between 21 and 65 years old. Both salaried and self-employed individuals with a stable income are eligible.

What is the monthly interest rate of a ₹20 Lakh home loan in Tata Capital?

Tata Capital offers a monthly interest rate of 0.72% on a home loan of ₹20 lakh.

Urban Money