What is a Home Loan ?
A Home Loan is a loan taken to
- Buy a plot of land or property and construct a house on it
- Buy an already constructed house or apartment
- Renovate your home into your dream house (Home Improvement)
- Conduct Home Repairs in your house
- Add new built-up area to an existing house (Home Extension)
Who is Eligible for a Home Loan ?
You can avail a Home Loan from Tata Capital if you are:
- Above 24 years of age at the time of borrowing the loan
- Within 65 years of age or superannuation (for salaried individuals) whichever is earlier at the time of maturity of the loan
- Salaried individuals working in reputable companies
- Self-employed professionals