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
    11.49% - 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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    Tata Capital Personal Loan Interest Rates is Rated as "Great!" by 2662 Users

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    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 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 + 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
      "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
    • Tata capital Personal Loan
      "Services are good. Not consistent in processing fees"
      0.5 4.5/5 "Excellent!"
      I have taken a personal loan from Tata Capital and the process was good. My paper work was collected on time and there were no hassles. I was initially informed that it is a zero processing fee but later I was charged 300. The interest rate was around 12%.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Oct 13, 2017
    • Tata capital Personal Loan
      "Good experience"
      0.5 4.5/5 "Excellent!"
      I have approached TATA CAPITAL for my personal loan. The response was very good and less documentation proces. The executive explained everything clear and transaprent. The rate of interest is 11.49% and there is no processing charges.
      Was this review helpful? 0
      , chennai
      Reviewed on Oct 13, 2017
    • Tata capital Personal Loan
      "Need paperless process"
      0.5 4.0/5 "Great!"
      Customer service was working in good way with the Tata capital limited for the personal loan, which I have applied. Documentation process was in very hectic way and I would like to suggest that they could apply for paperless process.
      Was this review helpful? 0
      , chennai
      Reviewed on Oct 13, 2017
    • Tata capital Personal Loan
      "Very good experience"
      0.5 5.0/5 "Blown Away!"
      I have taken my personal loan from Tata Capital and the process was perfect. They were on time to take my paper work and the disbursement was also as promised. The interest rate and processing charges is normal. In all the experience was good and satisfactory.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 13, 2017
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