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25 Lakh Tata Capital Home Loan
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Securing a home loan offers a convenient and comfortable way to bring your dream home closer. Understanding all the hidden costs, EMI calculations, and eligibility criteria ensures you make the most informed decision. Urban Money helps discover reliable options, such as a 25 Lakh EMI from Tata Capital. With flexible repayment tenures and competitive interest rates, Tata Capital is a preferred choice for many borrowers. Its manageable EMI options and hassle-free application process make homeownership simpler. Read on to explore your homeownership journey with Tata Capital's 25 Lakh housing loan.
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25 Lakh Home Loan Tata Capital – Highlights
Before considering a 25 Lakh home loan EMI from Tata Capital, it’s important to understand the key features that make it a competitive option for homebuyers. Below are the highlights of what this loan offers:
Feature | Details |
Loan Amount | ₹25 Lakh |
Tata Capital Home Loan Interest Rate for 25 Lakh | Starts from 8.75% (subject to change based on eligibility) |
Repayment Tenure | Up to 30 years |
Processing Fees | 0.5% to 2% of the loan amount |
Prepayment Charges | Nil for individuals (with a floating rate of interest) |
Application Process | Completely online or branch visit |
Special Features |
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25 Lakh Home Loan EMI for 5 Years Tata Capital
If you intend to repay your 25 Lakh home loan EMI for 5 years from Tata Capital, here are the estimated EMIs and total interest that will be payable.
Loan Amount (₹) | Interest Rate (p.a.) | Tenure | Total Amount Payable | Total Interest Payable | Monthly EMI |
25,00,000 | 8.75% | 5 years | ₹30,95,585* | ₹5,95,585* | ₹51,593* |
25 Lakh Home Loan EMI for 10 Years Tata Capital
For those opting for a 25 Lakh home loan EMI for 10 years with Tata Capital, here are your monthly payments and total interest.
Loan Amount (₹) | Interest Rate (p.a.) | Tenure | Total Amount Payable | Total Interest Payable | Monthly EMI |
25,00,000 | 8.75% | 10 years | ₹37,59,803* | ₹12,59,803* | ₹31,332* |
25 Lakh Home Loan EMI for 15 Years Tata Capital
For a longer tenure, a 25 Lakh home loan EMI for 15 years from Tata Capital offers a balance between manageable EMIs and total payable interest.
Loan Amount (₹) | Interest Rate (p.a.) | Tenure | Total Amount Payable | Total Interest Payable | Monthly EMI |
25,00,000 | 8.75% | 15 years | ₹44,97,519* | ₹19,97,519* | ₹24,986* |
25 Lakh Home Loan EMI for 20 Years Tata Capital
If you opt for a 25 Lakh home loan EMI for 20 years with Tata Capital, here are the total and monthly payment details.
Loan Amount (₹) | Interest Rate (p.a.) | Tenure | Total Amount Payable | Total Interest Payable | Monthly EMI |
25,00,000 | 8.75% | 20 years | ₹53,02,264* | ₹28,02,264* | ₹22,093* |
25 Lakh Home Loan EMI for 25 Years Tata Capital
With a 25 Lakh home loan EMI for 25 years from Tata Capital, the monthly payments are spread out over a longer period, reducing the EMI but increasing the total interest.
Loan Amount (₹) | Interest Rate (p.a.) | Tenure | Total Amount Payable | Total Interest Payable | Monthly EMI |
25,00,000 | 8.75% | 25 years | ₹61,66,077* | ₹36,66,077* | ₹20,554* |
25 Lakh Home Loan EMI for 30 Years Tata Capital
If you want lower monthly payments, a 25 Lakh home loan EMI for 30 years from Tata Capital offers the most extended repayment option. However, it comes with a higher total interest. Have a look at the details.
Loan Amount (₹) | Interest Rate (p.a.) | Tenure | Total Amount Payable | Total Interest Payable | Monthly EMI |
25,00,000 | 8.75% | 30 years | ₹70,80,304* | ₹45,80,304* | ₹19,668* |
25 Lakh Tata Capital Home Loan – Fees and Charges
Understanding the fees associated with a Tata Capital home loan of 25 Lakh is essential for proper financial planning. Below is a breakdown of the applicable costs:
Fee Type | Details |
Processing Fee | 0.5% to 2% of the loan amount |
Prepayment Charges | Nil for individuals with a floating interest rate |
Late Payment Charges | 1% to 2% additional interest on the overdue amount |
Loan Statement Charges | Free for the first copy; charges applicable for additional requests |
25 Lakh Tata Capital Home Loan – Documents Required
Preparing all the necessary documents in advance is crucial to making the loan application smooth and hassle-free. Crosscheck if you have a valid proof of your identity, address, income, and loan details ready for submission.
For Salaried Individuals
Document Type | Details |
Age Proof | Date of birth certificate, passport, or any government-issued document with DOB |
Photo Identity Proof | Aadhaar, PAN card, or passport |
Address Proof | Aadhaar, utility bills, or rental agreement |
Income Proof | Latest salary slips, Form 16, or bank statements |
Existing Loan Details | Documentation of ongoing loans, if applicable |
Processing Fee Cheque | A cheque for processing fee payment |
For Self-employed Individuals
Document Type | Details |
Age Proof | Date of birth certificate, passport, or any government-issued document with DOB |
Photo Identity Proof | Aadhaar, PAN card, or passport |
Address Proof | Aadhaar, utility bills, or rental agreement |
Business Proof | GST registration, business registration, or partnership deed |
Income Proof | Income tax returns, profit and loss statements, or bank statements |
Existing Loan Details | Documentation of ongoing loans, if applicable |
Processing Fee Cheque | A cheque for processing fee payment |
25 Lakh Tata Capital Home Loan – Eligibility Criteria
Tata Capital offers housing loans to both salaried and self-employed individuals with straightforward eligibility requirements. You can instantly check your eligibility using their online Home Loan eligibility calculator. The following factors affect your eligibility for a Tata Capital 25 Lakh home loan:
Eligibility Factor | Criteria |
Age | Younger borrowers can benefit from lower EMIs by opting for longer tenures, while older borrowers may prefer shorter tenures to match their financial and retirement plans. |
Employment Type | Available for both salaried and self-employed individuals |
Minimum Income | Varies based on the location and loan amount |
Credit Score | A good credit score (typically 650 and above) is preferred |
Loan Tenure | Up to 30 years based on eligibility |
Frequently Asked Questions (FAQs)
What is the EMI for a 25 Lakh Home Loan for 20 years in Tata Capital?
With a 20-year loan tenure, the EMI cost of a 25 Lakh Home Loan from Tata Capital is INR 22,093.
Who is eligible for a 25 Lakh Home loan in Tata Capital?
Salaried and self-employed individuals can apply for a 25 Lakh home loan from Tata Capital if they meet the required income and credit score criteria.
What is the monthly interest rate of a 25 Lakh home loan in Tata Capital?
The monthly interest rate for a 25 Lakh home loan at Tata Capital starts from 8.75%, but it may vary based on your eligibility and loan terms.
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