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 Paperless approval option available
    What you'll love
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    Fees & Charges
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    Customer Reviews

    Tata Capital Personal Loan Interest Rates is Rated as "Great!" by 2471 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 + 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.
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    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
      "Excellent service"
      0.5 3.0/5 "Satisfactory"
      The personal loan service with TATA CAPITAL is really good rather I would say it was excellent. They have disbursed my loan within 15 days of time. The rate of interest is very low when compared with others. The customer service and the response was good with Tata capital. I am happy and satisfied with the loan amount.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jul 18, 2017
    • Tata capital Personal Loan
      "Its Good"
      0.5 4.0/5 "Great!"
      TATA Capital service is good even they ready the process the requested amount from my end with good interest rate with good processing fee. Because I denied to process the personal reason is because of the personal reason, other than that there are no issues with them.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jul 13, 2017
    • Tata capital Personal Loan
      "Its Good"
      0.5 4.0/5 "Great!"
      TATA Capital service is good even they ready the process the requested amount from my end with good interest rate with good processing fee. Because I denied to process the personal reason is because of the personal reason, other than that there are no issues with them.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jul 13, 2017
    • Tata capital Personal Loan
      "Very Good service"
      0.5 5.0/5 "Blown Away!"
      My personal loan got approved with TATA CAPITAL, but I haven't taken the disbursement, because I have arranged the required amount with other source, so that was the reason I haven't got the personal loan with Tata capital. The customer service and the response was good with Tata capital. The rate of interest is nominal with Tata capital. I am satisfied with the service.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jul 11, 2017
    • Tata capital Personal Loan
      "High on ROI and charges"
      0.5 4.0/5 "Great!"
      I did not go ahead with Tata Capital for the personal loan because the rate of interest was too high. I was offered 18%. The customer services and response was good and on time. The team called in and informed me the details, but I got the funds through another source.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 10, 2017
    • Tata capital Personal Loan
      "Excellent "
      0.5 5.0/5 "Blown Away!"
      Rate of interest was 13% with the Tata capital limited for the personal loan.The loan amount got disbursed within four days of time. Customer service was also a good one with them and the processing charges were nil one with them.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jul 05, 2017
    • Tata capital Personal Loan
      "More than excellent"
      0.5 5.0/5 "Blown Away!"
      It was a excellent experience with Tata capital where everything was online and the process was completed on time as well. The disbursement was also as needed. The interest rate was around 11% which was a good deal. The processing charges was nil on the personal loan.
      Was this review helpful? 2
      , mumbai
      Reviewed on Jul 05, 2017
    • Tata capital Personal Loan
      "Good Process"
      0.5 4.0/5 "Great!"
      When I approached Tata Capital for the personal loan process, I had received good response from them and they processed the loan in a proper manner. I had not faced any kind of issues or problem with them during the loan process. Interest rate is good and their customer service is approachable.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jul 05, 2017
    • Tata capital Personal Loan
      "Good process"
      0.5 4.0/5 "Great!"
      There were no challenges with Tata capital for the personal loan process. Actually I approached tata capital with the help of online source. Interest rate was somewhat ok but when compared with other banks, Tata capital is good in the rate of interest. I had received good response from them on my loan application.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 04, 2017
    • Tata capital Personal Loan
      "Better Service"
      0.5 3.0/5 "Satisfactory"
      I did not find any challenges with Tata capital for the personal loan process. The responses are really good and there are no issues when it comes to the rate of interest. I availed this loan with the help of online source where they said that they will do the work with paperless approval but at the time of disbursement, people from tata capital reached to my place and got the signature from me on all the documents which I have uploaded on the website.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 04, 2017
    • Tata capital Personal Loan
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      I had taken the personal loan from Tata Capital. While processing the loan, I was promised for the certain loan amount but they did not sanction the same amount as I expected. Also I found some difference in the rate of interest. Customer service is fine but when I asked their executive to come to my place to collect the documents, they did not turn up reason being my place is far off. It would be great, if they improve their service and be more customer oriented.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jun 29, 2017
    • Tata capital Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The service rendered by TATA CAPITAL was good and they gave an immediate response in concern to my personal loan application. Within a week time the loan amount got disbursed with Tata capital. The rate of interest was low when compared with others. I am happy about the loan amount and with the service provided by TATA CAPITAL.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 27, 2017
    • Tata capital Personal Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      I did not go ahead with Tata capital for the personal loan because I was not clear about the process and no one came over to collect the documents. The rate of interest and processing charges was normal and it was a good deal. I had no issues with that.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jun 24, 2017
    • Tata capital Personal Loan
      "Needs to be quick in response"
      0.5 4.0/5 "Great!"
      I had requested for the personal loan from TATA CAPITAL at the time of emergency, but then they did not provide any proper response. I was in need of loan within 2 days , they have failed to do that and then they haven't even processed my application, so that was the reason I haven't opted for the personal loan with Tata capital. I would like to suggest Tata capital to be quick when it comes to service. The rate of interest is very much nominal when compared with others.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jun 24, 2017
    • 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
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