Tata Capital

Bank Name
Interest Rate Range
Processing Fee Range
Loan Amount
Tenure Range
Action

Rate of Interest

  • Floating rate of Interest : 11.49 % p.a. to 21 % p.a.

Eligibility Criteria

  • Minimum 21 years of age and maximum 65 years
  • Loan period from 1 years to 5 years
  • Should be either salaried or self-employed and have regular source of income
  • Should have sufficient income to pay EMI on required loan
  • Applicant must be Indian Citizen, in case of NRI or person of Indian origin it should be properly documented

Fees and Charges

  • Processing Fees 1.00 % to 2.25% depends on type and category of borrower
  • Preclosure Charges – Rs 0
  • Part Payment charges- Rs 0
  •  No any other hidden charges

Documents Required

  • KYC- Pan Card, Adhar Card, ID Proof and Address proof
  • ITR with computation for 3 years with Income proof
  • Bank Statement
  • Photograph
  • 2 references

Value Additions

  • Doorstep services
  • E- approvals
  • Part payment allowed

Special Feature

  • No guarantor required
  • No pre-closure or part payment fees
  • Balance Transfer Allowed
  • Top up available

Overview about Tata Capital

Tata Capital is a subsidiary of Tata Sons Ltd; it is one of the India’s most diversified and respected groups. Tata Capital offers loans and finance options to a wide spectrum of individuals across a variety of financial backgrounds. The main advantage of taking a personal loan from us is that you do not need to provide any collateral or security while taking the loan. Tata Capital comes with flexible repayment options and extremely competitive interest rates.

Your Eligibility depends on following


You should be minimum 21 years old

You should be maximum 65 years old

You should be salaried or self employed

You should have sufficient income to pay EMI on required loan

You can increase your eligibility by doing following

Choose longer tenure of loan period maximum upto 5 years
Make your spouse as co applicant , her/his income will also be added in eligibility
EMIs of other loans loweryour eligibility
Choose maximum amount for loan

Rate of Interest and Other Charges for Personal Loan are following

Rate Of Interest:

S.no.

Loan Type

Rate Of Interest

1

Personal Loan

11.49 % to 21%

Existing Loan take over or New Loan

Here are Some Points for this:

  • Attractive schemes
  • Loan top-up facility available
  • Flexible and long repayment tenures
  • Security, collateral, or guarantors are not required.
  • Smooth application processing
  • Competitive interest rates

Features of Loan

Features of Loan:

  • Higher Personal Loan Eligibility
  • Flexible Payment Plans
  • Personalized Customer Care before and after disbursement
  • Speedy Approval
  • Customized Solutions
  • Minimum Documentation
  • Competitive Interest Rates

Documents Required for this loan

S.no.

Criteria

Salaried Individuals

Self-employed Individuals

Business People

1

Identity proof

Voters ID /Passport/Driving License, etc.

Voters ID /Passport/Driving License, etc.

Voters ID /Passport/Driving License, etc.

2

Address proof

Ration Card/Electricity Bill/ Passport, etc

Ration Card/Electricity Bill/ Passport, etc.

Ration Card/Electricity Bill/ Passport, etc.

3

Bank statements

Bank Statement for the last 3 months

Banks Statement for the last 6 months

Banks Statement for the last 6 months

4

Employment certificates/Business Continuity documents

2-year Employment continuity document

Proof of highest professional degree

Proof of Continuation: Trade License/Sales Tax Certificate/Establishment. Certified copy of Partnership Deed, Memorandum of Association(MOA), Article of Association(AOA) and Board Resolution

5

Salary slips/ITR filings

Salary slips for last 3 months

Latest Income Tax Return(ITR) along with the computation of income, Balance sheet(B/S) and Profit & Loss(P&L) for the last 2 years certified by a CA.

Latest Income Tax Return(ITR) along with the computation of income, Balance sheet(B/S) and Profit & Loss(P&L) for the last 2 years certified by a CA.