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.1,000 Amazon voucher free 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 2606 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    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 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.
     Loading your search... Loading your search...
  • Tata Capital Personal Loan Interest Rates Reviews

    • Tata capital Personal Loan
      "Awesome service"
      0.5 4.0/5 "Great!"
      The disbursement was done within turn around time. The service was pretty good with TATA capital. The rate of interest is high with TATA capital when compared with others. The Tata capital gave prompt response in regards to my personal loan application.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 25, 2017
    • Tata capital Personal Loan
      "Not satisfied"
      0.5 1.0/5 "Really Bad"
      I have approached TATA CAPITAL for my personal loan.There was no proper response from the bank end and after 10 days I have received a call from their representative which was not satisfactory so I have cancelled the application. The customer service and responses was bad .However the rate of interest was average here.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 25, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 3.5/5 "Pretty good"
      TATA CAPITAL took around 2 weeks to disburse my loan amount, The customer service gave good response in regards to my personal loan application. The rate of interest is high with TATA CAPITAL when compare with other institutions, but I am fine with TATA.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 25, 2017
    • Tata capital Personal Loan
      "Average service"
      0.5 2.0/5 "Expected more"
      The TATA CAPITAL hesitate to approve the personal loan for the self employees ,so that was the reason I haven't got the personal loan from ICICI bank. The customer service gave good response. The rate of interest is nominal with TATA CAPITAL .
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 25, 2017
    • Tata capital Personal Loan
      "Not satisfied"
      0.5 1.0/5 "Really Bad"
      I have approached TATA CAPITAL for my personal loan.There was no proper response from the bank end and after 10 days I have received a call from their representative which was not satisfactory so I have cancelled the application. The customer service and responses was bad .However the rate of interest was average here.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 25, 2017
    • Tata capital Personal Loan
      "Its Good"
      0.5 3.0/5 "Satisfactory"
      TATA CAPITAL response was not good, when I approached them through the online channel. Even at the time interest was quite high high. Hence I directed approach TATA Capital, they coordinated well and gave me the better interest on personal loan.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 25, 2017
    • Tata capital Personal Loan
      "Average service"
      0.5 4.0/5 "Great!"
      The Personal loan service is good with TATA capital . The customer service was good with Tata capital. The promises need to be fulfilled with Tata capital . They have promised me in giving the loan with an interest rate of 11.99% but they have given the loan for 12.99% they have havnt given insurance for free.
      Was this review helpful? 0
      , pune
      Reviewed on Sep 24, 2017
    • Tata capital Personal Loan
      "Rate of interest should be compromised"
      0.5 4.0/5 "Great!"
      From TATA CAPITAL LIMITED i requested for a personal loan but the provided the amount with high rate of interest ie.11.95% nearly comes to 12%while HSBC gave me the loan with 11.25%. So i cancelled the loan application with TATA capital.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 24, 2017
    • Tata capital Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I have got the personal loan with the Tata capital limited and the rate of interest is around 14%. Within ten working days of time, the loan amount got disbursed. I would like to say that the response is very nice one with them.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 24, 2017
    • Tata capital Personal Loan
      "Better"
      0.5 4.0/5 "Great!"
      I have no requirement for the personal loan on that time and that's why I have not taken the loan with them. Response is good one with the Tata capital limited and I would like to go ahead with them.
      Was this review helpful? 0
      , new delhi
      Reviewed on Sep 24, 2017
    • Tata capital Personal Loan
      "Poor services"
      0.5 1.0/5 "Really Bad"
      It was a poor experience with Tata capital for the personal loan. It took them days to disburse the loan. I got the loan after three weeks. They have also not done the ECS transfer and I been paying the last two month emi through the cheques I have given them for security.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 23, 2017
    • Tata capital Personal Loan
      "Fast process"
      0.5 4.0/5 "Great!"
      I am happy with the services and the fast process from Tata Capital. I have taken a personal loan. The customer services are good and they were on time to collect my documents. The rate of interest was of 11.99% and the processing charges was minimal.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 23, 2017
    • Tata capital Personal Loan
      "Very good services"
      0.5 5.0/5 "Blown Away!"
      Tata capital is good overall. I have taken a personal loan and I got the loan within one week. The rate of interest is of 11% and the processing charges is normal. The customer services are good and the response is perfect and the after loan services are good.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 23, 2017
    • Tata capital Personal Loan
      "Good"
      0.5 3.0/5 "Satisfactory"
      I have got the personal loan with the Tata capital limited and am really okay with it but they have asked so much of documents to dealt with it. Response and other things are good with the Tata capital limited. They have not told about their commitments related to the insurance charges.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 21, 2017
    • Tata capital Personal Loan
      "Not satisfied with the services"
      0.5 1.0/5 "Really Bad"
      It was not a very good experience with Tata capital for the personal loan. I had to follow up many times from my side, even for them to collect the documentation I had to follow up. The whole process took 12 days and finally when the papers was taken they told me that the application would be closed on that day and the next day I would get the disbursement. I still remember it was a Thursday and since the weekend was near, I was not sure if I would get it on Fri. I was promised would and finally I got it only on the following Monday or Tuesday.
      Was this review helpful? 0
      , new delhi
      Reviewed on Sep 21, 2017
    • Tata capital Personal Loan
      "Good experience"
      0.5 5.0/5 "Blown Away!"
      I have taken my personal loan with TATA CAPITAL . My experience was really good as their rate of interest was very low comparing to others bank in the market which was just 9.79% per annum for 5 lacks.I have not faced any inconvenience or issues with their service so far. I would like to rate 5 out of 5 overall
      Was this review helpful? 0
      , sonipat
      Reviewed on Sep 21, 2017
    • Tata capital Personal Loan
      "Poor response from TATA CAPITAL"
      0.5 1.0/5 "Really Bad"
      I applied for a personal loan with TATA CAPITAL LIMITED. The required loan amount was 1 lakh but i did not got proper response from the TATA CAPITAL end and later on some executive called me regarding the loan and with high rate of interest. So that time i had changed my plan of taking loan.
      Was this review helpful? 0
      , pune
      Reviewed on Sep 20, 2017
    • Tata capital Personal Loan
      "Satisfactory but high on ROI"
      0.5 5.0/5 "Blown Away!"
      Tata capital was prompt in the personal loan process. They contacted me on time and informed me the details and collected my documents as well. The interest rate and processing charges was high. It was around 15%. They are surely recommendable for the quick process.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 20, 2017
    • Tata capital Personal Loan
      "Fast process and excellent service"
      0.5 5.0/5 "Blown Away!"
      I am very happy with the process of Tata Capital. The customer services are good and they are very quick to respond. I got my personal loan within 4 days. It was a very convenient process. The interest rate was of 11.99% and the processing charges was waived off.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 20, 2017
    • Tata capital Personal Loan
      "Experience is good"
      0.5 5.0/5 "Blown Away!"
      Tata Capital was good in the services. I have taken a personal loan. I received a call and within a day I got the funds through. It was a very fast process and very convenient. The rate of interest was around 12.96%, but I was informed around 12.75% initially.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 20, 2017
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.