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75 Lakh Tata Capital Home Loan
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Tata Capital’s 75 lakh home loan features super-low interest rates, personalised repayment plans, and nominal processing fees, making it more cost-effective. The application process is completely digital and simple. Moreover, applicants can expect more transparent processes and quick fund disbursement, ensuring a stress-free borrowing experience. To help you make a more informed decision, Urban Money presents a detailed overview of this borrower-friendly credit option. We primarily provide insight into the 75 lakh home loan EMI in Tata Capital, available tenure, associated fees, etc. Let’s get started!
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Table of Content
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75 Lakh Home Loan Tata Capital – Highlights
The Tata Capital’s home loan interest rate for 75 lakhs and other key parameters are as follows:
Interest Rates | 8.75% per annum onwards |
Loan-To-Value (LTV) Ratio | 80% of the property value |
Loan Tenure | Up to 30 years |
Eligibility | Either a salaried or self-employed individuals |
75 Lakh Home Loan EMI for 5 Years
Have a close look at the 75 lakhs home loan EMI in Tata Capital with a tenure of 5 years:
Loan Amount | Interest Rate | Loan Tenure | EMI Amount | Total Interest Payable | Total amount Payment |
₹75 lakhs | 8.75% p.a. | 5 years | ₹1,54,779 | ₹17,86,740 | ₹92,86,740 |
75 Lakh Home Loan EMI for 10 Years Tata Capital
Following are the 75 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 |
₹75 lakhs | 8.75% p.a. | 10 years | ₹93,995 | ₹37,79,400 | ₹1,12,79,400 |
75 Lakh Home Loan EMI for 15 Years Tata Capital
Let’s examine Tata Capital’s home loan EMI for 75 lakhs with a tenure of 15 years:
Loan Amount | Interest Rate | Loan Tenure | EMI Amount | Total Interest Payable | Total amount Payment |
₹75 lakhs | 8.75% p.a. | 15 years | ₹74,959 | ₹59,92,620 | ₹1,34,92,620 |
75 Lakh Home Loan EMI for 20 Years Tata Capital
Below are the 75 lakhs home loan EMI for 20 years from the Tata Capital:
Loan Amount | Interest Rate | Loan Tenure | EMI Amount | Total Interest Payable | Total amount Payment |
₹75 lakhs | 8.75% p.a. | 20 years | ₹66,278 | ₹84,06,720 | ₹1,59,06,720 |
75 Lakh Home Loan EMI for 25 Years Tata Capital
Following are the 75 lakhs home loan EMI for 25 years from the Tata Capital:
Loan Amount | Interest Rate | Loan Tenure | EMI Amount | Total Interest Payable | Total amount Payment |
₹75 lakhs | 8.75% p.a. | 25 years | ₹61,661 | ₹1,09,98,300 | ₹1,84,98,300 |
75 Lakh Tata Capital Home Loan – Fees and Charges
Let’s examine the fees and charges in addition to the Tata Capital home loan interest rate of 75 lakhs:
Fee/Charge | Amount |
Processing Fee | 0.1% of the loan amount |
Prepayment Charges | Nil |
Late Payment Panality | 2% extra above the prevailing interest rate |
Legal Charges | Applicable |
Stamp Duty and Registration | As per the state law |
75 Lakh Tata Capital Home Loan – Documents Required
Here are the required documents for the Tata Capital’s 75 lakhs home loan:
- Proof of Identity: Aadhaar Card, Election ID, Passport, Driving License, etc.
- Proof of Address: Utility bills (Electricity/Water), Ration Card, Passport, etc.
- Proof of Income: Salary slips, Bank statements, ITR, etc.
- Proof of Property: Sale agreement, allotment letter, Property Tax Receipts, etc.
75 Lakh Tata Capital Home Loan – Eligibility Criteria
Following are the 75 lakhs home loan eligibility criteria in Tata Capital:
- Age Limit: Borrowers should be aged between 21 and 65 years old.
- Employment Status: Borrowers should be salaried or self-employed individuals.
- Income Criteria: Borrowers should have earned income sufficient to pay the loan EMI.
- Credit Score: Borrowers should have a good credit score, preferably 700 or higher.
- Nationality: Borrowers should be Indian citizens.
Frequently Asked Questions (FAQs)
What is the EMI for a 75 lakh home loan for 20 years in Tata Capital?
₹66,278 is the estimated EMI for a 75 lakh home loan over 20 years, subject to the annual interest rate of 8.75%.
Who is eligible for a 75 lakh home loan in Tata Capital?
Salaried and self-employed individuals are eligible for a 75 lakh home loan in Tata Capital.
What is the monthly interest rate of a 75 lakh home loan in Tata Capital?
The monthly interest rate for a ₹75 lakh home loan in Tata Capital starts at 0.73%.
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