Multiple banks. Different interest rates. Call it a "conflict of interest".
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    We found 1 Tata Capital Personal Loan Interest Rates

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    11.99% - 19.50% Fixed
    0 One time fee
    20L Max
    1-6 Years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval option available
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    Fees & Charges
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    Customer Reviews

    Tata Capital Personal Loan Interest Rates is Rated as "Great!" by 2457 Users

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    Personal Loan BYTES FROM OUR KITCHEN

    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 2017

    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 + service tax. (Can go up depending on the loan particulars). Minimum: Rs.999 + service tax. (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 + Service tax. 4.5% of the principal outstanding at the time of foreclosure + Service tax.
    Tata Capital Personal Loan Offers

    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.
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  • Tata Capital Personal Loan Interest Rates Reviews

    • Tata capital Personal Loan
      "Its Good"
      0.5 4.5/5 "Excellent!"
      I am not looking for a loan right now, hence I didn't take loan from TATA Capital, they are prompt. TATA Capital called and explained about the loan process. I inform them, right now I don't have interest to proceed, I am planning to take it in future.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 23, 2017
    • Tata capital Personal Loan
      "Dissatisfed service"
      0.5 2.0/5 "Expected more"
      TATA Capital could not processed my loan, their customer service is good. I have requested the amount of Rs.10 lakhs but they ready to sanction amount of Rs.4 lakhs, I felt its not sufficient hence I asked them to close the application, but their interest rate is nominal.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 22, 2017
    • Tata capital Personal Loan
      "Be consistent in details"
      0.5 5.0/5 "Blown Away!"
      I had taken a personal loan from Tata Capital and I have no issues with the whole process to get the loan through. I was initially informed an interest rate of 11.99% and after the loan was disbursed I received the loan letter with a interest rate of 12.26%. I tried reaching the toll free number, but there is no response. I also tried sending them email, I received a response back that my ID is not registered. I also tried the sales guy who collected my papers, he says he is not the right person.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jun 22, 2017
    • Tata capital Personal Loan
      "Good Experience"
      0.5 4.5/5 "Excellent!"
      I got a proper response from TATA Capital, within short span of time they had completed the loan process and helped me to get the disbursement on time. I took the amount of Rs.1.5 lakhs, this is for a tenure of three years, they gave me 11.49% of interest and they taken some processing fee of around Rs.2000 from disbursement.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 22, 2017
    • Tata capital Personal Loan
      "Good"
      0.5 3.0/5 "Satisfactory"
      Experience was good one with Tata capital limited and the customer service was good but they have taken a much more time to dealt with the process. Rate of interest was around 13.49% for the personal loan and the processing charges were nil, which is the good one.
      Was this review helpful? 1
      , new delhi
      Reviewed on Jun 21, 2017
    • Tata capital Personal Loan
      "Its good"
      0.5 5.0/5 "Blown Away!"
      Tata Capital offered me 11.49% of interest rate for the personal loan and they processed the loan within 48 hours of time its good. I am very much happy with their service, I took the amount of Rs. 7 lakhs for six years. Processing fee of Rs.999 its very low.
      Was this review helpful? 1
      , chennai
      Reviewed on Jun 21, 2017
    • Tata capital Personal Loan
      "Very good"
      0.5 4.0/5 "Great!"
      Rate of interest was around 11.99% for the personal loan with the Tata capital limited and the response was pretty quick one, also the support was really prompt. The loan amount got disbursed to my account within twelve days of time from the time , I have made the inquiry.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 21, 2017
    • Tata capital Personal Loan
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      A very good process with Tata Capital for the personal loan. The process was very much satisfactory as it was on time. I got a interest rate of around 12% and the processing charges was waived of. The after loan services is also good and there are no issues overall.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 20, 2017
    • Tata capital Personal Loan
      "Satisfactory"
      0.5 3.5/5 "Pretty good"
      Interest rate was nominal one for me with the Tata capital limited and the loan amount got disbursed within seven to eight days of time. Services and other aspects are good one with them, also I have not faced any specific challenges with the Tata capital limited.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jun 20, 2017
    • Tata capital Personal Loan
      "Not bothered to respond back"
      0.5 1.0/5 "Really Bad"
      I did not receive any response from Tata Capital on my personal loan application. Not even a single call they provided for the loan request. I have tried to contact them but I did not receive proper response from local executives. Since I never received anything from Tata capital I just moved to HDFC bank and I got the loan as well.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 20, 2017
    • Tata capital Personal Loan
      "Okay "
      0.5 4.0/5 "Great!"
      I have got the personal loan with the Tata capital limited for the interest rate as 10.99% . The loan amount got disbursed to my account after a week of time. Customer service and other things are really good, also I have not faced any issues with them. Processing charges were also nil with them but they have incurred 2000 Rupees for insurance charges.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 20, 2017
    • Tata capital Personal Loan
      "Very Good service"
      0.5 5.0/5 "Blown Away!"
      The processING timE taken was more than 7 days BY TATA CAPITAL. The disbursement took place within 7 days of time. The documents were collected from the TATA CAPITAL executive on the assigned date and time. They came to my place and collected the required documents. I am happy about the loan amount. The rate of interest is nominal with TATA CAPITAL. I am very much satisfied with Tata capital service.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jun 20, 2017
    • Tata capital Personal Loan
      "Not Responsive"
      0.5 3.0/5 "Satisfactory"
      Tata Capital provided delayed response by one or two days. Hence I managed my requirements through other source. I cancelled my loan application with them. If the customer applied for the loan, the bank should be more responsible and they should have responded immediately but here no such response.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 20, 2017
    • Tata capital Personal Loan
      "Good deal on the ROI"
      0.5 4.0/5 "Great!"
      The services that I received from Tata capital was really good as they processed my details immediately and I did not see a delay in the process. I had taken my personal loan from Tata Capital and the interest rate was an excellent deal, it was around 11% change and it was with zero processing fee.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 20, 2017
    • Tata capital Personal Loan
      "Very good services"
      0.5 5.0/5 "Blown Away!"
      I am extremely happy with Tata Capital for the personal loan process. I got the loan within five days. The loan amount was also as per my request. The interest rate was around 12% and the processing charges was as promised around 200 and I was informed about this in the beginning.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jun 19, 2017
    • Tata capital Personal Loan
      "Commuication gap should be eliminated"
      0.5 4.0/5 "Great!"
      TATA Capital taken long time to disburse the amount and no body called to keep me updated. I kept on following with their people and I was confirming the status with every one. I applied the personal loan on 11th of may finally the loan got disbursed around 19th of may. My loan amount 12.5 lakhs for the tenure of five years.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jun 19, 2017
    • Tata capital Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      TATA Capital experience is good, they gave door step service, I have taken the loan amount 4.70 lakhs with the interest rate of 13% it is bit high compared to other banks. But processing fee is zero its great. It would be better if they reduce the interest rate as per the market.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 19, 2017
    • Tata capital Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      It was a fair experience with TATA Capital for the personal loan, they gave door step service, I had taken the loan amount 4.70 lakhs with an interest rate of 13% it is bit high compared to other banks. But processing fee is zero its great. It would be better if they reduce the interest rate and it should be in line with the market rate.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 19, 2017
    • Tata capital Personal Loan
      "Transparent process"
      0.5 5.0/5 "Blown Away!"
      Procedure is very transparent and quick with the Tata capital limited for the personal loan. It took two to three days of time for the loan amount to get disbursed and the service aspects were also really good. Processing charges were nil with them with regards to the personal loan , also the documentation procedures very minimum because they have checked all my records internally. Rate of interest is really high with them with respect to the personal loan, when compared with other banks.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 19, 2017
    • Tata capital Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      TATA capital service was on time with respect to my personal loan application. The turn around time was good. TATA Capital approved the loan amount it was as per the requirement, also I am very much happy with the loan amount. The rate of interest I have no Idea about it. Also,loan got disbursed with a weeks time and over all it was smooth process.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 18, 2017
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