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    We found 1 Tata Capital Personal Loan Eligibility Calculator
    Bank Name
    Interest Rate Range
    Processing Fee Range
    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 Ad Paperless approval available
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    Eligibility Criteria
    Customer Reviews
    Tata Capital Personal Loan Eligibility Calculator is Rated as "Great!" by 2662 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
      "Its Good"
      0.5 4.0/5 "Great!"
      I am fine with Tata Capital service, I took the amount of Rs. 1.5 lakh for the loan period two years. Tata Capital gave me the interest of 11.99% of interest, they gave me part payment and preclosure option, overall I am fine with their service.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Oct 21, 2017
    • Tata capital Personal Loan
      "Good response"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan with TATA CAPITAL LIMITED through online portal. It was a good experience. The rate of interest was moderate.It was a paperless approval and everything has happened on time. The EMI duration is 2 years and the payment will be debited from my salary account.
      Was this review helpful? 0
      , new delhi
      Reviewed on Oct 21, 2017
    • Tata capital Personal Loan
      "good service"
      0.5 4.0/5 "Great!"
      I t was a very fast service from TATA CAPITAL for my personal loan service ,the customer service staffs of TATA CAPITAL was very good they use to update me regularly regarding my loan process but I feel the rate of interest they offered was little high 12.75 but the overall service was very good TATA CAPITAL for my personal loan service.
      Was this review helpful? 0
      , kolkata
      Reviewed on Oct 21, 2017
    • Tata capital Personal Loan
      "Quick disbursement process from Tata Capital"
      0.5 5.0/5 "Blown Away!"
      It was a very nice loan process, they took minimum time to disburse the amount. But documentation procedure was difficult I done lot of paper work and also interest rate was higher side compared with HDFC or ICICI but the good point they disbursed the amount on time.
      Was this review helpful? 0
      , kolkata
      Reviewed on Oct 19, 2017
    • Tata capital Personal Loan
      "Overall good"
      0.5 4.0/5 "Great!"
      I have taken a personal loan from Tata Capital and the customer services are good. The communication is also proper and I had no issues about it. The interest rate was around 14.5% and the processing charges are average.They have a part payment facility and the process is online.
      Was this review helpful? 0
      , mumbai
      Reviewed on Oct 17, 2017
    • Tata capital Personal Loan
      "Average experience"
      0.5 3.0/5 "Satisfactory"
      I have taken a personal loan from Tata capital. It was a neutral experience and I had requested for three lakhs and I finally got only two lakhs due to the credit norms. The documentation and process was on time and the rate of interest was of 12% and the processing charges was also average.
      Was this review helpful? 0
      , mumbai
      Reviewed on Oct 16, 2017
    • Tata capital Personal Loan
      "Better service "
      0.5 4.0/5 "Great!"
      I had applied for a personal loan with Tata capital limited for an amount of 8 lakhs at the interest rate of 11.9%,Its nominal as compared to other banks in the market.customer service was satisfying on the whole they processed it very quickly within 10 days an the amount got credited on time.
      Was this review helpful? 0
      , chennai
      Reviewed on Oct 16, 2017
    • Tata capital Personal Loan
      "SATISFACTORY"
      0.5 3.0/5 "Satisfactory"
      Service of the TATA CAPITAL in the beginning was good, After submitting the documents everything, I kept following up with them instead they should do it.TATA Capital offered the interest of 12.5% it quit high and there was processing fee 2875/-. I wish TATA Capital should give proper response to the customers.
      Was this review helpful? 0
      , new delhi
      Reviewed on Oct 15, 2017
    • Tata capital Personal Loan
      "Can be better"
      0.5 3.0/5 "Satisfactory"
      I have got the personal loan with the Tata capital limited and it was good one for me. I would like to say that the customer service was good one and the organization should be well defined, also they have to improve a lot in the aspects.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 15, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 4.5/5 "Excellent!"
      I have applied for the personal loan from Tata Capital, i am happy that my loan application was approved and the loan amount was disbursed. The customer service and response was good, they were very helpful. I an also satisfied with the rate of interest.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Oct 15, 2017
    • Tata capital Personal Loan
      "Good"
      0.5 3.0/5 "Satisfactory"
      I have taken my personal loan with TATA CAPITAL 15 days back. The rate of interest was 11-12% which was bit higher than other banks. The customer service and responses was good so I would like to recommend to others.. The loan amount was 1.5 lakhs and I have provided door step service for the documentation collections also. I have no idea about the pre closer and part payment options. My overall experience was good.
      Was this review helpful? 0
      , kolkata
      Reviewed on Oct 14, 2017
    • Tata capital Personal Loan
      "Personal loan with TATA CAPITAL"
      0.5 5.0/5 "Blown Away!"
      From TATA CAPITAL i have taken a personal loan and the disbursed loan amount was 1 lakhs 30 thousand with the rate of interest 12.75%. The monthly EMI is 3000. I am satisfied with the service and response from TATA CAPITAL. Personal loan with TATA is recommendable.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Oct 14, 2017
    • Tata capital Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      TATA CAPITAL gave good service in regards to my personal loan disbursement. They have disbursed my loan within 3days of time. The customer service is good with TATA CAPITAL . The rate of interest is high with TATA capital when compared with others. The requested loan amount has been disbursed and I am satisfied with it.
      Was this review helpful? 0
      , chennai
      Reviewed on Oct 14, 2017
    • Tata capital Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      The process was good with TATA capital personal loan application, but they have taken its very long when compared with other banks. It would be great if they can disburse my loan amount within the promised time. They have disbursed my loan amount in 3weeks of time. The rate of interest is nominal when compared with market.
      Was this review helpful? 0
      , noida
      Reviewed on Oct 14, 2017
    • Tata capital Personal Loan
      "Very good experience"
      0.5 4.0/5 "Great!"
      I have taken a personal loan from Tata Capital and it was a on time process and the rate of interest was around 12% and the processing charges was waived off. There were no hassles in the document collection too. Overall I had no issues in the after loan services.
      Was this review helpful? 0
      , kolkata
      Reviewed on Oct 14, 2017
    • Tata capital Personal Loan
      "Very Good"
      0.5 5.0/5 "Blown Away!"
      I have got the personal loan with the Tata capital limited and the experience was good one for me with them. Within three days of time the loan amount got disbursed from them, also I would like to say that its a happy moment.
      Was this review helpful? 0
      , chennai
      Reviewed on Oct 14, 2017
    • Tata capital Personal Loan
      "Average"
      0.5 4.0/5 "Great!"
      The experience was a long one with the Tata capital limited and the customer service was okay with them. I would like to say that the loan amount got disbursed within ten days of time.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 13, 2017
    • Tata capital Personal Loan
      "Better service "
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan from TATA capital limited for an amount of six lakhs at the interest rate of 12.17%.Executive responded on time,It got processed within a weeks time.my only concern about interest rate because they had promised to give at 11.99%later it got processed for 12.17%.Bank should be transparent about the interest rate to the customers.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 13, 2017
    • Tata capital Personal Loan
      "poor service"
      0.5 1.0/5 "Really Bad"
      I had taken a personal loan of 4 lakhs with TATA CAPITAL LIMITED nominal rate of interest.The process took so long to complete I had called the executives multiple times to resolve my issues and had written so many mails no one has reverted back over all its a .poor service I would not recommend this bank to any of them.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 13, 2017
    • Tata capital Personal Loan
      "Smooth experience and organized "
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan with Tata Capital limited and i can say that the the loan procedures and process was well planned and organized. I had my documents collected on time and was a smooth experience throughout the process. I also find the rate of interest nominal for the loan amount that i had applied for.
      Was this review helpful? 0
      , new delhi
      Reviewed on Oct 13, 2017
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