TATA Capital Home Loan Eligibility

TATA Capital Home Loan Eligibility Calculator is a very helpful financial tool. It will help you to calculate your TATA Capital Home Loan in a second. Your TATA Capital Home Loan Eligibility based on your monthly income, monthly expenses, EMI you pay every month etc. When you are availing a TATA Capital Home Loan your eligibility will be higher if you apply with a co-applicant. If you are planning to go for TATA Capital Home Loan, it is advisable to check your eligibility on TATA Capital Home Loan Eligibility Calculator. To use TATA Capital Home Loan Eligibility Calculator you need to put some key information like- salary amount, if there is any ongoing EMI, etc.

Factors that affects your TATA Capital Home Loan Eligibility Calculator

You can check your TATA Capital Home Loan Eligibility Online easily in a second by just clicking a button. The minimum TATA Capital Home Loan Eligibility Calculator is based on your CIBIL Score which is 650. The TATA Capital Home Loan Eligibility minimum salary is Rs. 25,000. TATA Capital Home Loan Eligibility Calculator will help you to calculate your EMI based on your inputs so here are the factors which will affect your TATA Capital Home Loan Eligibility Calculator.

• Age

  The applicant’s age is important on TATA Capital Home Loan Eligibility criteria. The age group for TATA Capital Home Loan Eligibility is 21 to 65 years old. The younger you are there are much chance that you are more eligible for a TATA Capital Home Loan. You will even get offers if you are applying for a TATA Capital Home Loan in younger age. Because you’re TATA Capital Home Loan Eligibility is higher when you are applying it in younger age.

• Credit Score

  Your Credit Score matters a lot on your TATA Capital Home Loan Eligibility. If you have high Credit Score that means your TATA Capital Home Loan Eligibility is high and if you have low Credit Score your TATA Capital Home Loan Eligibility is low. Your Credit Score depends on how you pay your Home Loan. To make your Credit Score high you need to repay your Home Loan TATA Capital Home Loan Eligibility on time.

• Job Stability

  Your employment stability matters a lot on your TATA Capital Home Loan Eligibility. If you are a salaried person your employer also matters and if your employer is in the CAT A list your TATA Capital Home Loan Eligibility will be high. And if you are working there more than two years your TATA Capital Home Loan Eligibility will be higher. And if you are self-employed you must run your business at least for five years to have a higher TATA Capital Home Loan Eligibility. And if you are working with a top notch company you salary is also high and if you are in a high position that means you will have a bright career ahead so your TATA Capital Home Loan Eligibility will be high.

• Existing Debt

  If you are someone who has existing debt on his neck your TATA Capital Home Loan Eligibility is comparatively low. As you are already paying EMIs on those and if you are taking a new one this can be your liability and you won’t get any loan if your existing loans has already consumed 40% your monthly income.

• Geographical Location

  Geographical locations matters a lot on your TATA Capital Home Loan Eligibility as if you are from metro city you have higher TATA Capital Home Loan Eligibility than someone from rural areas. Also some financial institution has red marked on some places so if you are from one of those places your TATA Capital Home Loan Eligibility can be lower.

• LTV

  In TATA Capital Home Loans financial institutions only fund 75% to 90% of the total cost of the house. The maximum home loan value of your property or LTV is specified by RBI in below:

  • 90% LTV for loans up to Rs. 30 lakh for buying affordable segment homes
  • 80% LTV for loans above Rs. 30 lakhs and up to Rs. 75 lakhs
  • 75% LTV for loans above Rs. 75 lakhs

TATA Capital Home Loan Eligibility Calculator

Benefits of TATA Capital Home Loan Eligibility Calculator

• You can save your valuable time by just clicking a button in a second you just have to put the important information to know your TATA Capital Home Loan Eligibility.
• You can check your TATA Capital Home Loan Eligibility on TATA Capital Home Loan Eligibility Calculator for many times.
• TATA Capital Home Loan Eligibility Calculator is completely free so you don’t have to pay charges to calculate your TATA Capital Home Loan Eligibility.
• TATA Capital Home Loan Eligibility Calculator is a self-help planning tool.