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    We found 1 Tata Capital Personal Loan Eligibility Calculator
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    11.50% - 17.25% Fixed
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    20L Max
    1-6 Years
    Response Time : Within 30 minutes
    Rs.750 Amazon Voucher 100% PAPERLESS APPROVAL
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    Tata Capital Personal Loan Eligibility Calculator is Rated as "Great!" by 3088 Users

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    Tata Capital Personal Loan Eligibility Calculator

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    Overview about Tata Capital Personal Loan

    Tata Capital Limited is a subsidiary of one of India’s most respected business houses, Tata Sons Limited. Registered with the RBI as a Non Banking Financial Company (NBFC), Tata Capital under it's brand offers it's customers fund and fee based financial services. It is a customer-centric, trusted one-stop shop for financial services catering to all diverse needs of corporate, institutional and retail customers, across various areas of business in terms of commercial finance, wealth management, consumer loans, and more.

    Tata Capital Personal Loan Eligibility

    To avail a personal loan from Tata Capital below is the eligibility criteria:

    For self employed:

    Particulars For self-employed professional For self-employed individuals
    Age 25 - 65 years 25 - 65 years
    Continuity of business Should have had the same business for a period of 3 years in the same city Should have had the same business for a period of 3 years and have a work experience of 3 years
    Minimum income per year Rs. 2, 00, 000 Rs. 2, 00, 000
    Loan tenure 12 - 48 months 12 - 48 months
    Maximum loan amount Rs. 15, 00, 000 Rs. 15, 00, 000

    Apart from the above mentioned criteria, most banks and financial institutions take into consideration the Credit Information Report [CIR] to check your payment history trend, if there's any amount due or any default as well.

    The check is also done with the Income ratio to EMI, in this check they identify if your total EMI exceeds your monthly incomes by 50% or more. If this is the case then the chances of getting the loan is drastically reduced.

    Apply for Tatacap Personal Loan

    Documentation required for self-employed:

    • Any government approved identity proof – voter’s ID, passport, driving license
    • Address proof – electricity bill, rental agreement, passport, ration card
    • Bank statements for previous 3 months
    • Form 16 (latest)
    • Income tax returns for the last 2 years attested by a CA, which includes the computation of income, the balance sheet and profit and loss statement
    • Proof of Continuation: Trade License/Sales Tax Certificate/Establishment – in case of self-employed individuals
    • Certified copy of Partnership Deed, Memorandum of Association(MOA), Article of Association(AOA) and Board Resolution – in case of self-employed individuals

    For salaried individuals:

    Particulars Salaried
    Industry segment
    • State or Central government
    • Corporation/Large pvt ltd
    • Public Ltd
    • Public Sector
    • MNC
    Age
    Loan Tenure 12 - 72 months
    Job continuity Should have been at the current employer for at least 1 year
    Income per month Rs. 20, 000
    Minimum loan amount Rs. 75, 000
    Maximum loan amount Rs. 15, 00, 000

    Documentation required for salaried individuals:

    • Any government approved identity proof – voter’s ID, passport, driving license
    • Address proof – electricity bill, rental agreement, passport, ration card
    • Bank statements for previous 3 months
    • Form 16 (latest)
    • Most recent salary certificate/slip

    Factors affecting Tata Capital Personal Loan Eligibility

    • Income - The income you earn on a monthly basis is a very important factor to determine your loan eligibility. It shows that you’re capable of repaying the loan.
    • Employment history - Your employment history shows that stability, constantly changes jobs raises caution. It can be ignored as well for exceptions, like spouse in the military, government employed which involves shuffling cities, etc.
    • Payment history - Making your payments regularly for your previous loans, credit cards, mortgages, vehicle loans, etc. increases your eligibility of a personal loan since they’re aware that you’re regular with your payments.
    • City of residence - Your chances of getting a loan in a metro city like Chennai, Mumbai, Bangalore etc. are more likely that smaller cities.
    • Age - If you’re a young salaried employee, you are at a higher risk of changing jobs quickly to move ahead in your career and this can be a risk leaving you unemployed, therefore this affects your loan eligibility.
    • CIBIL and Credit history - Your CIBIL score and the credit history are a very vital factor to determine your loan eligibility. It establishes your loan pattern for credit and your repaying capabilities. Allowing Tata Capital to have the confidence that you will make payments regularly.

    How CIBIL Score affects your Tata Capital Personal Loan Eligibility?

    • When you want to take a personal loan from Tata Capital, they will ensure to check your CIBIL score to have the confidence that you will repay the loan taken, a CIBIL score can range from 300 - 900. Any score above 750 will ensure you get the loan.
    • The CIBIL records will also show a loan pattern, showing that you've taken x secured and y unsecured loans and will work in your favour as well.
    • They also record your repayment history of your previous loans and credit cards giving Tata Capital the confidence they get repaid.
    • If you have made any settlements with any lenders as you were unable to keep up with the installments. They will check on this as well

    How to increase Tata Capital Personal Loan Eligibility?

    • Maintain a good credit history - Making regular payments and not missing out on deadlines helps you get a good credit history. This also increases your CIBIL score which helps you as well.
    • Ensure you have a mixture of secured and unsecured loans - Ensuring a mixture of both secured and unsecured loans increases credibility.
    • Prepayment - Having lesser EMIs to pay off give you the options to clear it via a prepayment option, giving you a better disposable income to take on a loan and increasing your chances.
    • Not having many credit cards - Too many credit cards will increase a risk on your credit favorability, and lowers the chances of getting a loan.

    FAQs on Tata Capital Personal Loan Eligibility

    Q. Are there any additional charges or processing fees?

    A. Yes, there are a processing fee is charged as an upfront amount, and will be deducted from the disbursed amount.

    Q. Can i prepay my Tata Capital Personal Loan?

    A. Yes, you can prepay the outstanding amount after a period of 180 days after loan has been disbursed. A fee for prepayment after 6 months is not applicable, however if you decide to prepay the loan after 180 days but before 6 months then a 2% closure charge is applicable on the extra amount.

    Q. Is there a top-up facility available on my Tata Capital Personal Loan?

    A. Yes, there is a top-up facility available depending on the tenure of the loan, but on a condition of at least 8 - 18 months of EMI being paid already.

    Personal Loan Reviews

    • Tata capital Personal Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have my personal loan application approved with TATA CAPITAL and the experience was good, the loan amount was for Rs 2 lakhs with the tenure period of 3 years and the rate of interest is nominal when compared to other banks. Customer service was good and they responded on time.
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 17, 2018
    • Tata capital Personal Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      My personal loan was taken with TATA CAPITAL 7 months back. The loan amount was 2.5 lakhs but the interest rate was quite high here and the tenure period was 4 years . They have sanctioned loan with the committed time. The documentation was very smooth and they have sanctioned the loan with the committed time.,
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 17, 2018
    • Tata capital Personal Loan
      "OFFERED A GOOD LOAN"
      0.5 5.0/5 "Blown Away!"
      It was a good experience but one thing is that they could have taken my consent before applying the insurance for me, at least they could have informed be at time of applying because of that i have called them again and got canceled, it after making conversation with them.
      Was this review helpful? 2
      , ahmedabad
      Reviewed on Aug 14, 2018
    • Tata capital Personal Loan
      "GOOD LOAN"
      0.5 4.0/5 "Great!"
      It was a good, once they started processing it, i have not faced any issues at the time of processing , the rate of interest is normal, also the customer service is really good , EMIs of my loan will get auto debited from my account every month...
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 14, 2018
    • Tata capital Personal Loan
      "GOOD LOAN "
      0.5 3.0/5 "Satisfactory"
      Rate of interest is normal as per me, insurance documents for the loan was given, i have not given any hard copy of the document , given amount was good and they can improve the customer service further, which will be really helpful for the customer to have good experience.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 14, 2018
    • Tata capital Personal Loan
      "GOOD LOAN "
      0.5 3.5/5 "Pretty good"
      As a customer i felt like they can improve their service by providing the zero pre closure fee option right from 2nd month onwards, instead they have kept it for after 12 emis then only without any pre closure charges it would be fine, for me...
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 14, 2018
    • Tata capital Personal Loan
      "GOOD SERVICE "
      0.5 5.0/5 "Blown Away!"
      I am completely satisfied with the documentation and processing of the personal loan from the tata capital, because i got the loan on time, rate of interest is good, customer service was also fine , so overall i am satisfied with the service.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 14, 2018
    • Tata capital Personal Loan
      "Average Service"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan from the Tata Capital. The loan experience was good, I got the loan with 4 days credited to the account. The interest rate is normal but there was a delay collecting the documents. The need to process the loans much faster. .
      Was this review helpful? 1
      , bangalore
      Reviewed on Aug 13, 2018
    • Tata capital Personal Loan
      "Not satisfied"
      0.5 2.0/5 "Expected more"
      My personal loan was taken with TATA CAPITAL .The process was good and it was disappointed. The process was delayed and it took 3 weeks for disbursing itself. I had a bad experience and executives were very careless. The customer service and responses was not good. I have taken 5 lakhs and the interest rate was satisfactory . The tenure period was 2 years,. I had a good processing fee was nominal.
      Was this review helpful? 0
      , new delhi
      Reviewed on Aug 13, 2018
    • Tata capital Personal Loan
      "Very good"
      0.5 4.0/5 "Great!"
      My personal loan was taken with TATA CAPITAL. The process was quite slow and i git the cheque after 30 days only but the overall experience was good. The loan amount was 1,20,000 and the interest rate was satisfactory . My overall experience was good.
      Was this review helpful? 1
      , greater noida
      Reviewed on Aug 13, 2018
    • Tata capital Personal Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      My personal loan was taken with TATA CAPITAL. The process was very good and however after the approval they have much time for disbursing the loan. The loan amount was 1 lakh and the interest rate was satisfactory and the tenure period was 3 years. I had a very good experience.
      Was this review helpful? 0
      , noida
      Reviewed on Aug 13, 2018
    • Tata capital Personal Loan
      "Excellent"
      0.5 4.0/5 "Great!"
      It is excellent at Tata Capital for the personal loan. They answered all the queries properly. I got the loan in eight working days. The document was collected on time and at the door step. The rate of interest is of 12.8% and the processing fee is zero. I have a pre closure option after six months.
      Was this review helpful? 2
      , bangalore
      Reviewed on Aug 11, 2018
    • Tata capital Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I have taken my personal loan with TATA CAPITAL. The loan amount was 3 lakhs and the interest rate was very satisfactory . The EMI period is 3 years .The loan process was quite good and there's no inconvenience faced. The loan was approved on time and the processing fee was nominal.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Aug 10, 2018
    • Tata capital Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      My personal loan was taken with TATA CAPITAL . The loan amount was 4 lakhs and the interest rate was very average . The tenure period was 4 years . I had a very good experience and there is no inconvenience faced . I am satisfied with the service and response here. There is no processing fee .
      Was this review helpful? 1
      , bangalore
      Reviewed on Aug 10, 2018
    • Tata capital Personal Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      My personal loan was taken with TATA CAPITAL. The loan amount was 5 lakhs and the interest rate was very much satisfactory here. The tenure period was 5 years. The documentation was very much satisfactory and there is no processing fee at all. Here the communication could have been better.
      Was this review helpful? 1
      , bangalore
      Reviewed on Aug 10, 2018
    • Tata capital Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      My personal loan was taken with TATA CAPITAL. The process was very good and smooth. The loan amount was 15 lakhs and the interest rate was very satisfactory . I had a very smooth experience and i was able to upload documents on line which is very convenient.The tenure period was 5 years . There is no processing fee here. The loan was approved on time and followup's done properly.
      Was this review helpful? 2
      , new delhi
      Reviewed on Aug 10, 2018
    • Tata capital Personal Loan
      "GOOD "
      0.5 3.5/5 "Pretty good"
      I have taken the loan for 6 year tenure, whereas no other banks will offer a tenure periods as such.Though its was for the small value they gave me 6 years tenure. I requested for 5 lakh rupees and they approved the same, approved loan money transfer was smooth. When i applied online i thought that i only need to submit the documents online, but while processing the tata capital people also asked for the documentation in the form of hard copy. Transparency of the status of the loan was missing, whereas the TATA capital people were informed me that the loan was under progress.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Aug 09, 2018
    • Tata capital Personal Loan
      "BEST "
      0.5 5.0/5 "Blown Away!"
      I have taken the loan from tata capital for 5 years and processing and the documentation was easy which measn for the documentation around 80% i have completed in the online and remaining 20% did it in hard copy, transparency was the in the procesing the loan and rate of interest is also nominal.
      Was this review helpful? 2
      , chennai
      Reviewed on Aug 09, 2018
    • Tata capital Personal Loan
      "Satisfactory service"
      0.5 5.0/5 "Blown Away!"
      I have taken loan with TATA CAPITAL BANK 5years back. Interest rate is 13% which is too high in the market, and my loan amount is 1.8lakh and it is satisfactory. There is no hidden charges. I use to pay 4000 as EMI per month and tenure period is 5years. They have charged 5000rs as processing fee. Customer service & response is good.
      Was this review helpful? 3
      , kolkata
      Reviewed on Jul 31, 2018
    • Tata capital Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have a personal loan taken from Tata Capital, they delayed the loan process for 20 to 25 days due to documents related queries, their reason was genuine as I was not available sometimes but still almost is a long time. However rest everything was fine their staff member were courteous and the rate o interest they charged is also OK.
      Was this review helpful? 2
      , faridabad
      Reviewed on Jul 31, 2018
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