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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 Paperless approval available
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    Good to Know
    Eligibility Criteria
    Customer Reviews
    Tata Capital Personal Loan Eligibility Calculator is Rated as "Great!" by 2807 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
      "Satisafctory"
      0.5 4.0/5 "Great!"
      My personal loan was taken with TATA CAPITAL. The loan process was very good and the loan amount was 3.5 lakhs. The rate of interest was 13% which was bit high than other banks in the market and the EMI period was 5 years. Here the pre closer is after 6 months and the processing fee was nominal.
      Was this review helpful? 1
      , chennai
      Reviewed on Dec 09, 2017
    • Tata capital Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      The interest rate offered by Tata capital personal loan service was 11.9 which was fine compared to others in the market. The documents have been uploaded through online ,the customer support was responsible it was a good experience with Tata capital personal loan department.
      Was this review helpful? 1
      , mumbai
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Excellent service"
      0.5 4.5/5 "Excellent!"
      The service of tata capital personal loan service was good ,the customer support was good. The rate of interest they offered me was 11.99 which was high compare to others in the market ,the required documents hard copy of my documents and some where uploaded through online for the loan process it was a good experience with Tata capital personal loan service.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      I have applied for the personal loan from Tata Capital, my loan application was approved and the requested amount was disbursed. The process was quite long, it took 15 days for the loan amount to get disbursed. Customer service was good, they followed up on time and they provided door step service to collect the documents. The rate of interest of 12.75% was high when compared to other banks and the processing fees was nominal. There is no penalty on preclosure after 1 year.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      I am very happy with the services from Tata Capital, the process was quite smooth and easy, it took 2 days for the loan amount to get approved. When it comes to customer service, it was good and they responded on time, they provided door step for documents pick up. The rate of interest of 12.75% is nominal when compared to other banks.
      Was this review helpful? 0
      , greater noida
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Good"
      0.5 3.5/5 "Pretty good"
      I have my personal loan with TATA CAPITAL . The loan amount was 5.5 lakhs and the rate of interest was 11.49% which was avergae in the market . Here tenure period was 5 years and there is no processing fee but they have collected 2,500 for Insurance. The process was good but they ave taken a week of time for the sanctioned the loan which was bit disappointing other than that I am satisfied with the overall experience.
      Was this review helpful? 0
      , chennai
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      The Tata capital was promised me that they will disburse the loan amount of Rs,4,80,000 but they have disbursed only Rs,4,00,000. The customer support need to be improved with TATA capital and their promises need to be fulfilled by TATA CAPITAL.
      Was this review helpful? 0
      , new delhi
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Excellent"
      0.5 4.5/5 "Excellent!"
      I have my personal loan with TATA CAPITAL. I have taken 7.5 lakhs and the rate of interest was 12.99% which was avergae in the market . They have sanctioned the loan with the committed time and the processing fee was also nominal. My experience was excellent and Its recommendable .
      Was this review helpful? 0
      , hyderabad
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Better service"
      0.5 4.0/5 "Great!"
      My personal loan was taken with TATA CAPITAL . The loan amount was 4 lakhs and the interest rate was 11.49% which was satisfactory . Their uctsomer service and responses was up to the mark. There was no processing fee and the loan amount was approved on time. They have provided door step service for collecting documents .
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      Tata capital personal loan service was good compare to other banks also it was slow compare to other banks in the market ,they took two weeks to process my loan ,they need to improve the response also there was no proper communication it was a good experience with tata capital personal loan service.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      I had taken my personal loan with TATA CAPTIAL through online portal. The rate of interest was 11.29%, it was less than other banks. They took lot of time to process the loan. The executive came to my place and collected all documents at doorstep.
      Was this review helpful? 0
      , pune
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Better"
      0.5 4.0/5 "Great!"
      It was better experience with Tata Capital. There was no delay, they provided a faster service. The customer service and response was good. The documents are collected at the doorstep. The rate of interest was normal like other banks. There was a processing fee but it was quite less.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      TATA CAPITAL personal loan service was good and my loan approved in 2 days and they took 4 days to disburse my loan amount. The documentation was done twice and documentation process can streamlined. The required loan amount has been given by TATA CAPITAL.
      Was this review helpful? 1
      , mumbai
      Reviewed on Dec 07, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My personal loan application was approved with Tata Capital and the experience was quite good. I received my loan amount within 4-5 days. The process was smooth and the requested amount was disbursed. Documents were collected door step and the customer service responded on time. There is no penalty if i preclose the loan within 1 year. The rate of interest of 13% was nominal rate.
      Was this review helpful? 1
      , bangalore
      Reviewed on Dec 07, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My personal loan application was approved with Tata Capital and it was a good experience overall. My loan amount was approved within 3 days after the documents were submitted and the documents were collected door step. Customer service, they responded on time and they followed up correctly. The only thing they did not intimate is about the insurance charges, they charged Rs 4500 for insurance. The rate of interest was high when compared to other sources.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Dec 07, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The Tata capital personal loan interest rates are high when compared with others . The Tata capital took higher than normal time to disburse my loan amount. they took around 7 business days to disburse my loan amount. The customer support is good with the TATA capital .
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 07, 2017
    • Tata capital Personal Loan
      "Need to improve customer service"
      0.5 2.0/5 "Expected more"
      I have taken a personal loan with Tata Capital .The loan amount is one lakh,rate of interest is nominal as compared to other banks.I had to submit documents to the executives,the process prolonged for longer days.They need to work on service as they should respond on time.
      Was this review helpful? 0
      , faridabad
      Reviewed on Dec 07, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan with TATA CAPITAL.The loan amount is 1.5 lakhs.The rate of interest is nominal as compared to others.The process was quick enough and the executives shared all the details with regards to the loan.I am totally satisfied with the service of the bank.
      Was this review helpful? 0
      , new delhi
      Reviewed on Dec 07, 2017
    • Tata capital Personal Loan
      "Average service"
      0.5 2.0/5 "Expected more"
      I have applied for the personal loan from TATA CAPITAL, my loan application was approved and the requested amount was disbursed. It was overall a good loan experience with Tata Capital. Customer service was good, they provided door step service to collect the documents. The process was smooth and my loan amount was approved within 20 days. The rate of interest of 11.99% is nominal when compared to other sources.
      Was this review helpful? 1
      , bangalore
      Reviewed on Dec 06, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My personal loan experience with Tata Capital was good and i am satisfied with their services. The process was very smooth and my loan amount was approved within a week.Customer service was good and they responded on time. Documents were collected door step and the rate of interest was nominal when compared to other sources.
      Was this review helpful? 1
      , bangalore
      Reviewed on Dec 06, 2017
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