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    We found 1 Tata Capital Personal Loan Eligibility Calculator
    Bank Name
    Interest Rate Range
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    Loan Amount
    Tenure Range
    11.49% - 21.00% Fixed
    0 One time fee
    20L Max
    1-6 Years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval available
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    Tata Capital Personal Loan Eligibility Calculator is Rated as "Great!" by 2606 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.

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  • Personal Loan Reviews

    • Tata capital Personal Loan
      "Very good services"
      0.5 5.0/5 "Blown Away!"
      Tata capital is good overall. I have taken a personal loan and I got the loan within one week. The rate of interest is of 11% and the processing charges is normal. The customer services are good and the response is perfect and the after loan services are good.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 23, 2017
    • Tata capital Personal Loan
      "Good"
      0.5 3.0/5 "Satisfactory"
      I have got the personal loan with the Tata capital limited and am really okay with it but they have asked so much of documents to dealt with it. Response and other things are good with the Tata capital limited. They have not told about their commitments related to the insurance charges.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 21, 2017
    • Tata capital Personal Loan
      "Not satisfied with the services"
      0.5 1.0/5 "Really Bad"
      It was not a very good experience with Tata capital for the personal loan. I had to follow up many times from my side, even for them to collect the documentation I had to follow up. The whole process took 12 days and finally when the papers was taken they told me that the application would be closed on that day and the next day I would get the disbursement. I still remember it was a Thursday and since the weekend was near, I was not sure if I would get it on Fri. I was promised would and finally I got it only on the following Monday or Tuesday.
      Was this review helpful? 0
      , new delhi
      Reviewed on Sep 21, 2017
    • Tata capital Personal Loan
      "Good experience"
      0.5 5.0/5 "Blown Away!"
      I have taken my personal loan with TATA CAPITAL . My experience was really good as their rate of interest was very low comparing to others bank in the market which was just 9.79% per annum for 5 lacks.I have not faced any inconvenience or issues with their service so far. I would like to rate 5 out of 5 overall
      Was this review helpful? 0
      , sonipat
      Reviewed on Sep 21, 2017
    • Tata capital Personal Loan
      "Poor response from TATA CAPITAL"
      0.5 1.0/5 "Really Bad"
      I applied for a personal loan with TATA CAPITAL LIMITED. The required loan amount was 1 lakh but i did not got proper response from the TATA CAPITAL end and later on some executive called me regarding the loan and with high rate of interest. So that time i had changed my plan of taking loan.
      Was this review helpful? 0
      , pune
      Reviewed on Sep 20, 2017
    • Tata capital Personal Loan
      "Satisfactory but high on ROI"
      0.5 5.0/5 "Blown Away!"
      Tata capital was prompt in the personal loan process. They contacted me on time and informed me the details and collected my documents as well. The interest rate and processing charges was high. It was around 15%. They are surely recommendable for the quick process.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 20, 2017
    • Tata capital Personal Loan
      "Fast process and excellent service"
      0.5 5.0/5 "Blown Away!"
      I am very happy with the process of Tata Capital. The customer services are good and they are very quick to respond. I got my personal loan within 4 days. It was a very convenient process. The interest rate was of 11.99% and the processing charges was waived off.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 20, 2017
    • Tata capital Personal Loan
      "Experience is good"
      0.5 5.0/5 "Blown Away!"
      Tata Capital was good in the services. I have taken a personal loan. I received a call and within a day I got the funds through. It was a very fast process and very convenient. The rate of interest was around 12.96%, but I was informed around 12.75% initially.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 20, 2017
    • Tata capital Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      Overall , the experience is good one with the Tata capital limited for the personal loan. I would like to say that everything other things were really went in the better way. Most of the documentation process completed through online itself.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 20, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      Unfortunately I haven't got the personal loan from TATA CAPITAL , because of the lack of address proof. The customer service is good with TATA . The rate of interest which they have offered was high with TATA Capital when compared with others.
      Was this review helpful? 0
      , kolkata
      Reviewed on Sep 19, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I was not in need of loan at that time when I have applied for loan with Tata, so that was the reason I haven't got the personal loan from TATA CAPITAL. The response was good with TATA , they were good at their follow up and I have informed them that there is no loan requirement at present. The rate of interest was nominal with TATA CAPITAL.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 19, 2017
    • Tata capital Personal Loan
      "Very good service"
      0.5 4.0/5 "Great!"
      TATA CAPITAL has disbursed my loan amount within the promised time. The customer service and the response were very prompt from TATA CAPITAL. The rate of interest is average when compared with other institutions. The processing fee and charges were Rs.999, they have charged the registration fee around Rs.300.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 18, 2017
    • Tata capital Personal Loan
      "Easy process"
      0.5 5.0/5 "Blown Away!"
      It was a nice process at Tata Capital. I got the personal loan on time and the whole experience is good. I am also okay with the interest rate, it was around 11% and the processing charges was waived off. The after loan services are also good and hassle free.
      Was this review helpful? 0
      , delhi
      Reviewed on Sep 18, 2017
    • Tata capital Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I got a personal loan, which is going on with ICICI bank at present, so I though of doing balance transfer but the foreclosure charges are very high with ICICI bank so that was the reason I haven't processed with my TATA capital personal loan . The response was prompt with TATA CAPITAL. They made better follow up. The rate of interest was low when compared with other banks.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 18, 2017
    • Tata capital Personal Loan
      "Unhappy with the services "
      0.5 1.0/5 "Really Bad"
      I have taken my personal loan with Tata Capital and I am not happy with the services. The first thing is the executives are not professional and they do not know how to speak to a customer. The second is that they were not transparent in the interest rate. I was told 11.99% and later I was offered 12.75%.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 18, 2017
    • Tata capital Personal Loan
      "Overall process is good"
      0.5 4.0/5 "Great!"
      Tata Capital has offered me a personal loan and the process for it is easy as I did not have much of paper work and it was smooth. The interest rate was of 11.99%, it could have been more lesser. The processing charges was waived off. The after loan services are satisfactory too.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 18, 2017
    • Tata capital Personal Loan
      "Good experience"
      0.5 5.0/5 "Blown Away!"
      I have taken my personal loan with TATA CAPTIAL because they have offered me with less interest rate comparing to CITI bank. I have not faced any inconvenience with their service and responses was amazing. Their rate of interest was 11.49% and there's no hidden charges here.They have provided door step service for the documentation collection. My over all experience was good.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 18, 2017
    • Tata capital Personal Loan
      "High ROI & smooth process"
      0.5 3.5/5 "Pretty good"
      The process with Tata Capital is good as I have taken a personal loan. Though it took sometime, the process was smooth. The interest rate was around 12%, which was on the higher side, when compared to the other banks. The processing charges was waived off.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 16, 2017
    • Tata capital Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I have taken personal loan with TATA CAPITAL.I am really satisfied with their services and responses.The loan process was easy and satisfactory they took just 2 enquirey for processing and with in 2 weeks my loan amount was sanctioned. It was completely hassle free and good.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 16, 2017
    • Tata capital Personal Loan
      "Good. Can do better"
      0.5 4.0/5 "Great!"
      I have taken a personal loan from Tata Capital. The process could be more improvised. My signature was different on my PAN card from the one at my personal bank. So for the signature verification I had to go to the bank for two days continuously and get it done. The process could be made easy if it is done by Tata capital. The interest rate was okay. The processing charges was of 700.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 15, 2017
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