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Tata Capital unveils special home loan offer for women

The revised interest rates will be available from 10th February 2014

February 10, 2014 3:41 IST | India Infoline News Service
Tata Capital Ltd’s housing finance subsidiary, Tata Capital Housing Finance Ltd (TCHFL) announced the launch of a special Home Loan offer for women, aiming to empower them to own their dream home. For every woman who aspires to be a home owner, this special scheme offers an interest rate of 10.15% for loans up to INR 40 lakhs availed of till Women’s Day i.e. 8th March 2014, the normal rate of interest being 10.50%.
House buying has traditionally been the man’s domain; this special offer aims to give women an extra impetus to buy a home either independently or jointly. To avail the benefits of this offer, a woman applicant must have title to the property, ether single or jointly and be a primary applicant of the loan.
Commenting on the home loan offer, Mr. R. Vaithianathan, said, “Women are an integral and important part of our society, and they have taken great strides ahead in terms of being financially independent. Owning a home should no longer only be a man’s dream and our aim here is for women to have the financial empowerment to buy their dream home. ”
The revised interest rates will be available from 10th February 2014.

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