Multiple banks. Different interest rates. Call it a "conflict of interest".
Multiple banks. Different interest rates. Call it a "conflict of interest".
  • loading

    We found 1 Tata Capital Personal Loan Interest Rates
    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.2,000 Amazon Voucher Ad Paperless approval available
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    Tata Capital Personal Loan Interest Rates is Rated as "Great!" by 2890 Users
    Personal Loan BYTES FROM OUR KITCHEN

    Tata Capital Personal Loan Interest Rates

    Overview of Tata Capital Personal Loan

    Tata Capital offers personal loans designed to meet any personal monetary requirement one could have. Personal loans offered by Tata Capital come with flexible repayment options and extremely competitive interest rates, ensuring their loans do not become a burden on a borrower. A simple and hassle free loan application process and attention to customer needs make Tata Capital Personal Loans one of the best choices when it comes to personal loans in India.

    Tata Capital Personal Loan Interest Rates

    Interest rates on Tata Capital Personal Loans vary depending on factors like purpose of loan, income, borrower background, previous associations with the organisation, etc. Interest rates for the year 2015 range from 13.50% per annum to 18% per annum, based on different criteria. Tata Capital offers the option of repaying a loan in flexible EMIs, which along with competitive interest rates ensure that a borrower is not financially over-burdened to repay a personal loan. Interest rates calculated by Tata Capital depend on certain classifications, which can be changed according to its discretion.

    Tata Capital Personal Loan Interest Rates 2018

    Particulars Salaried Self-Employed
    Interest rate 11.99% to 19.00% p.a. 11.99% to 19.00% p.a.
    Loan Amount Minimum: Rs.75,000 Maximum: Rs.15 lakh

    For professionals: Minimum - Rs.3 lakh Maximum - Rs.20 lakh

    For businessman: Minimum - Rs.75,000 Maximum - Rs.15 lakh

    Loan Tenure 12 to 72 months 12 to 48 months
    Lowest EMI NA Rs.8,163.49 for professionals (calculated at lowest loan amount taken for the maximum loan tenure at minimum interest rate).
    Processing Fee Minimum: Rs.999 + GST. (Can go up depending on the loan particulars). Minimum: Rs.999 + GST. (can go up depending on the loan particulars)
    Age 21 to 58 years 25 to 65 years
    Prepayment Charges No part pre-payment charges after 180 days. Within 180 days, no charges for payment up to 25% of your outstanding principal amount. Payment of more than 25% of the outstanding principal will attract 2% prepayment charge. No part pre-payment charges after 180 days. Within 180 days, no charges for payment up to 25% of your outstanding principal amount. Payment of more than 25% of the outstanding principal will attract 2% prepayment charge.
    Foreclosure Charges 4.5% of the principal outstanding at the time of foreclosure + GST. 4.5% of the principal outstanding at the time of foreclosure + GST.
    Apply for Personal Loan

    How to calculate interest/EMI on your Tata Capital Personal Loan

    Knowing the EMI amount is a crucial factor in personal loans, as it allows an individual to plan his/her resources accordingly. Calculating the EMI on your Tata Capital Personal Loan is a simple task, thanks to Bankbazaar. Borrowers can log onto the BankBazaar website and enter the details of their loan (tenure, amount, interest rate) in the EMI calculator. The calculator will process the required details and display the EMI to be paid.

    An amortization table offers a systematic breakdown of the entire loan repayment process, indicating the variation between the Principal and Interest component for a particular loan. Post each EMI payment the principal amount reduces and it is this lowered principal amount which is used to calculate the interest for the next term.

    Example: Mr. Kumar avails a personal loan of Rs 1 lakh at an annual interest rate of 13.5% from Tata Capital. He opts for a repayment tenure of 5 years, which means he has to pay an EMI of Rs 2,301 per month. The table below highlights the entire loan repayment timeline, providing insight on the amount he would need to pay every year in order to clear the loan.

    Loan Amortization Table

    YearPrincipal paid (Rs)Interest paid (Rs)Balance amount (Rs)
    Year 115,01912,59384,981
    Year 217,17610,43567,805
    Year 319,6447,96848,161
    Year 422,4675,14525,694
    Year 525,6941,9170

    Factors affecting your Tata Capital Personal Loan Interest Rates

    There are multiple factors which can affect the interest rates you end up paying for a Tata Capital personal loan, some of which are mentioned below.

    • Loan tenure – The tenure of a personal loan has a bearing on the interest rates. Loans for a short tenure might attract a higher interest rate compared to loans for longer tenures.
    • Repayment capacity – Tata Capital is a financial institution which runs on its ability to get back its investment. The repayment capacity of an individual could change the interest rates charged by the organisation, as they might not charge an exorbitant interest rate to someone who does not have the means to repay such amounts.
    • Relationship with Tata Capital – Individuals having a good relationship with Tata Capital might be in a position to reduce their interest rates, owing to their past behaviour and personal standing. It is possible for banks/lenders to reduce interest rates for those who are valued customers and those who have displayed great commitment to their payments in the past.
    • Employment details – Interest rates vary depending on the profession of a borrower. Tata Capital charges different interest rates to self-employed and salaried individuals. Salaried borrowers might be charged a lower interest rate as they have a stable source of income and there is little risk of defaulting. Self-employed borrowers might not always have a steady income source and might have to pay a higher interest rate as the organisation could view them as risky prospects.

    Note: Interest rates charged by Tata Capital are at their sole discretion and subject to change.

    How CIBIL score affects Tata Capital Personal Loan Interest Rate

    Tata Capital relies on the CIBIL score of an applicant to gauge his/her loan repayment capacity. A good CIBIL score is an indicator of a good credit history, improving the chances of an applicant getting a personal loan at favourable interest rates. Applicants with low CIBIL scores might be considered risky and Tata Capital might choose to increase their interest rate, to offset any liability on their part.

    Key things about Tata Capital Personal Loan Interest Rates

    • Tata Capital Personal Loans do not require any security or collateral and do not have any major impact on interest rates.
    • Changes in repo rates are likely to impact the interest rate charged by Tata Capital as a change in repo rates would force the organisation to change its lending rate accordingly.
    • Interest rates vary according to the applicant and can be adjusted by Tata Capital at its sole discretion.

    Tata Capital Personal Loan Interest Rates Reviews

    • Tata capital Personal Loan
      "Satisafctory"
      0.5 4.0/5 "Great!"
      My personal loan was taken with TATA CAPITAL . The loan amount was 1.50 lakhs and the Interest rate was 12.75% which is average in the market. The loan process was really good here. They have provide door step service for collecting documents,. My overall experience was satisfactory.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 18, 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 1 lakh and the Interest rate was 13% which is bit high than other banks in the market. They have sanctioned the loan with the committed time. My overall experience was excellent.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 18, 2018
    • Tata capital Personal Loan
      "Best "
      0.5 4.0/5 "Great!"
      Interest rate was around 12.5% to 13.5% for the personal loan with the Tata capital limited. Customer service is good one for me with the Tata capital limited. I really have felt that the response is also good one too. Customer service is good too.
      Was this review helpful? 0
      , pune
      Reviewed on Jan 18, 2018
    • Tata capital Personal Loan
      "Best, so far"
      0.5 5.0/5 "Blown Away!"
      It was a hassle free experience with the Tata capital limited I got the personal loan from the Tata capital limited and the documentation process went in the smooth ended manner. Customer service is an excellent one for me. Everything went in the fine manner.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 18, 2018
    • Tata capital Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      The service was good with the TATA CAPITAL and I got the personal loan amount within the time frame and the response part was good with the Tata capital . The required loan amount has been approved and I am satisfied with it. The rate of interest is nominal when compared with others,.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jan 18, 2018
    • Tata capital Personal Loan
      "Better"
      0.5 4.0/5 "Great!"
      I had taken a personal loan for 4L and this was for a tenure period of 4 years. The interest rate was normal and it is a zero processing fee. I have to pay 10,800 rupees monthly. The documents are collected by the executive. The pre closure option is also available here.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 17, 2018
    • Tata capital Personal Loan
      "Cool process"
      0.5 5.0/5 "Blown Away!"
      The customer service and response was good with Tata Capital. They offered a interest around 12 to 13% but I was expecting something 11%. The loan process was good and faster. I haven't explored the part payment and pre closure yet. It is a tenure of 2 years and offered one lakh.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 17, 2018
    • Tata capital Personal Loan
      "Good"
      0.5 3.5/5 "Pretty good"
      I have my personal loan with TATA CAPITAL . The loan amount was 3 lakhs and the interest rate was 13% which is average. The EMI period was 2 years . I had a hassle free loan process here and there is no processing fee also. My overall experience was good and its recommendable.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 17, 2018
    • Tata capital Personal Loan
      "Satisafctory"
      0.5 4.0/5 "Great!"
      My personal loan was taken with TATA CAPITAL. The loan process was good and he loan amount taken was 1.5 lakhs . The Interest rate was 12.3% which was satisfactory . The EMI period was 4 years. They did not provide door step service for collecting document and the executives were not helfull. The processing fee was free. My overall experience was satisfactory .
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 17, 2018
    • Tata capital Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      The service was good with the Tata capital in regards to my personal loan application. Tata capital took higher than normal time to disburse my personal loan amount. The rate of interest and the charges were very low when compared with others.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Jan 17, 2018
    • Tata capital Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      My personal loan application was approved by TATA CAPITAL and the experience was good. The loan amount is for Rs 2.01 lakhs with the rate of interest of 12.51% which is nominal when compared to all other sources. The process was very quick and i received my loan amount within 4 days. They did not charge any processing fees and the tenure of this loan is 2 years. Customer service was good and they always respond on time.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 17, 2018
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have my personal loan application approved with Tata Capital and the experience was good. The loan amount is for Rs1 lakh and the rate of interest is 11.99% which is nominal when compared to other banks. The process was smooth and i received my loan amount within 7-10 days. Customer service was good and they followed up on time. They charged a processing fee of 1% which is nominal. The only issue i found is, they did not inform about the insurance amount which is for Rs 1020 and has to be paid every month. The tenure of this loan is 1 year and it was overall a good service from Tata Capital.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jan 17, 2018
    • Tata capital Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      I have my personal loan application approved with TATA CAPITAL and the experience was quite good. The process was bit delayed and it took 10 days for the loan amount to get disbursed. Customer service was good and they provided door step service to collect the documents. The loan amount is for Rs 1 lakh with the rate of interest of 12.75% which is high when compared to other sources. They collected some documentation fees and the tenure of this loan is 1 year.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 16, 2018
    • Tata capital Personal Loan
      "Excellent service"
      0.5 4.0/5 "Great!"
      I have applied for a personal loan with Tata Capital.The loan amount is five lakhs,rate of interest is low as compared to others,They had collected documents door step as well as uploaded online.They have not taken processing fees from the loan amount.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 16, 2018
    • 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. The loan amount is for Rs 1.5 lakhs with the rate of interest of 12.75% which is nominal when compared to other sources. The process was smooth and i received my loan amount within 1 week. Customer service was good and they collected documents on time. They did not charge any processing fees and there is an option of part payment where there is no additional charge. The tenure of this loan is 3 years and it was a overall a good service from Tata Capital.
      Was this review helpful? 0
      , thane
      Reviewed on Jan 15, 2018
    • Tata capital Personal Loan
      "Excellent"
      0.5 4.0/5 "Great!"
      The customer service and response was prompt with Tata Capital. I got a good rate of interest for my personal loan. I was not eligible for the amount which they offered to me was really happy. They disbursed the loan on time with lesser documentation.
      Was this review helpful? 0
      , pune
      Reviewed on Jan 13, 2018
    • Tata capital Personal Loan
      "Good"
      0.5 3.5/5 "Pretty good"
      TATA Capital took 4 additional days for the disbursement. The documentation process was simple with Tata Capital. The executives came for the verification purpose. The actual amount was 5L due to my previous loan status they had offered only 3L. I have to pay 9,125 rupees monthly for this personal loan.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 12, 2018
    • Tata capital Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      The rate of interest was fine with Tata Capital. They offered a 5L with the tenure period of 60 months. I am paying premium around 11,000 rupees through ECS. The document collection was lengthy process. The part payment and pre closure options are better.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 11, 2018
    • Tata capital Personal Loan
      "Personal loan with TATA CAPITAL "
      0.5 5.0/5 "Blown Away!"
      I have taken a personal Loan from TATA CAPITAL.The approved loan amount was 2.3 lakhs . The given rate of interest was 13.5%. The monthly EMI comes around 7917. the total tenure is for 36 months. There was no processing fees.The customer service and response is good.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 11, 2018
    • Tata capital Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      The interest rate was good with Tata Capital. I had taken a personal loan with the help of online portal. they offered me 2L with tenure period of 4 years. They don't charge processing fee. The customer service and response was good. The documents were collected from my door steps.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 10, 2018
    Common Loader Icon
     Loading your search... Loading your search...
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.