Tata Housing Finance

Can you tell me in detail about the Housing Loan facility offered by Tata Capital Housing Finance Limited (TCHFL) as my sister wants to apply for it?

[Shaleen]

Tata Capital Housing Finance Limited (TCHFL) is a completely owned contributory of Tata Capital Limited. It is registered with the National Housing Bank as a Housing Finance Company, offering long-term funds for housing purposes.

Tata Housing Loan

At Tata Capital grant Home Loans for several reasons:
Self-construction
Plot plus self-construction
Home improvement / renovation
Home extension

Home Loans (W.E.F. : 1st October, 2015)

Applicable Rates for Salaried - Monthly Rest Basis

Loan Slabs Applicable Variable / Semi - Fixed for 2
years Rates

Any Loan Amount (Online Customers) 9.70%

Upto and including Rs.1.5 Crs (Other Customers) 9.70% - 9.90%

Over Rs.1.5 Crs (Other Customers) 9.70% - 10.00%

Applicable Rates for Self Employed Professionals / Non Professionals - Monthly Rest Basis

Loan Slabs Applicable Variable / Semi - Fixed for 2
years Rates


Any Loan Amount (Online Customers) 9.80%

Upto and including Rs.1.5 Crs (Other Customers) 9.80% - 10.00%

Over Rs.1.5 Crs (Other Customers) 9.90% - 10.25%

Loans against Property

Applicable Rates for Salaried and Self Employed (W.E.F. : 14th October, 2015)

Schemes Residential Property/ NRP Rates Commercial Property Rates
Semi-Fixed for 3 years 12.00% - 12.75% 12.25% - 12.75%
Floating 12.25% - 13.75% 12.50% - 13.00%