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 2807 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.

    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 process was very good and the loan amount was 3.5 lakhs. The rate of interest was 13% which was bit high than other banks in the market and the EMI period was 5 years. Here the pre closer is after 6 months and the processing fee was nominal.
      Was this review helpful? 1
      , chennai
      Reviewed on Dec 09, 2017
    • Tata capital Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      The interest rate offered by Tata capital personal loan service was 11.9 which was fine compared to others in the market. The documents have been uploaded through online ,the customer support was responsible it was a good experience with Tata capital personal loan department.
      Was this review helpful? 1
      , mumbai
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Excellent service"
      0.5 4.5/5 "Excellent!"
      The service of tata capital personal loan service was good ,the customer support was good. The rate of interest they offered me was 11.99 which was high compare to others in the market ,the required documents hard copy of my documents and some where uploaded through online for the loan process it was a good experience with Tata capital personal loan service.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      I have applied for the personal loan from Tata Capital, my loan application was approved and the requested amount was disbursed. The process was quite long, it took 15 days for the loan amount to get disbursed. Customer service was good, they followed up on time and they provided door step service to collect the documents. The rate of interest of 12.75% was high when compared to other banks and the processing fees was nominal. There is no penalty on preclosure after 1 year.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      I am very happy with the services from Tata Capital, the process was quite smooth and easy, it took 2 days for the loan amount to get approved. When it comes to customer service, it was good and they responded on time, they provided door step for documents pick up. The rate of interest of 12.75% is nominal when compared to other banks.
      Was this review helpful? 0
      , greater noida
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Good"
      0.5 3.5/5 "Pretty good"
      I have my personal loan with TATA CAPITAL . The loan amount was 5.5 lakhs and the rate of interest was 11.49% which was avergae in the market . Here tenure period was 5 years and there is no processing fee but they have collected 2,500 for Insurance. The process was good but they ave taken a week of time for the sanctioned the loan which was bit disappointing other than that I am satisfied with the overall experience.
      Was this review helpful? 0
      , chennai
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      The Tata capital was promised me that they will disburse the loan amount of Rs,4,80,000 but they have disbursed only Rs,4,00,000. The customer support need to be improved with TATA capital and their promises need to be fulfilled by TATA CAPITAL.
      Was this review helpful? 0
      , new delhi
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Excellent"
      0.5 4.5/5 "Excellent!"
      I have my personal loan with TATA CAPITAL. I have taken 7.5 lakhs and the rate of interest was 12.99% which was avergae in the market . They have sanctioned the loan with the committed time and the processing fee was also nominal. My experience was excellent and Its recommendable .
      Was this review helpful? 0
      , hyderabad
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Better service"
      0.5 4.0/5 "Great!"
      My personal loan was taken with TATA CAPITAL . The loan amount was 4 lakhs and the interest rate was 11.49% which was satisfactory . Their uctsomer service and responses was up to the mark. There was no processing fee and the loan amount was approved on time. They have provided door step service for collecting documents .
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      Tata capital personal loan service was good compare to other banks also it was slow compare to other banks in the market ,they took two weeks to process my loan ,they need to improve the response also there was no proper communication it was a good experience with tata capital personal loan service.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      I had taken my personal loan with TATA CAPTIAL through online portal. The rate of interest was 11.29%, it was less than other banks. They took lot of time to process the loan. The executive came to my place and collected all documents at doorstep.
      Was this review helpful? 0
      , pune
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Better"
      0.5 4.0/5 "Great!"
      It was better experience with Tata Capital. There was no delay, they provided a faster service. The customer service and response was good. The documents are collected at the doorstep. The rate of interest was normal like other banks. There was a processing fee but it was quite less.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 08, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      TATA CAPITAL personal loan service was good and my loan approved in 2 days and they took 4 days to disburse my loan amount. The documentation was done twice and documentation process can streamlined. The required loan amount has been given by TATA CAPITAL.
      Was this review helpful? 1
      , mumbai
      Reviewed on Dec 07, 2017
    • 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. I received my loan amount within 4-5 days. The process was smooth and the requested amount was disbursed. Documents were collected door step and the customer service responded on time. There is no penalty if i preclose the loan within 1 year. The rate of interest of 13% was nominal rate.
      Was this review helpful? 1
      , bangalore
      Reviewed on Dec 07, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My personal loan application was approved with Tata Capital and it was a good experience overall. My loan amount was approved within 3 days after the documents were submitted and the documents were collected door step. Customer service, they responded on time and they followed up correctly. The only thing they did not intimate is about the insurance charges, they charged Rs 4500 for insurance. The rate of interest was high when compared to other sources.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Dec 07, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The Tata capital personal loan interest rates are high when compared with others . The Tata capital took higher than normal time to disburse my loan amount. they took around 7 business days to disburse my loan amount. The customer support is good with the TATA capital .
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 07, 2017
    • Tata capital Personal Loan
      "Need to improve customer service"
      0.5 2.0/5 "Expected more"
      I have taken a personal loan with Tata Capital .The loan amount is one lakh,rate of interest is nominal as compared to other banks.I had to submit documents to the executives,the process prolonged for longer days.They need to work on service as they should respond on time.
      Was this review helpful? 0
      , faridabad
      Reviewed on Dec 07, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan with TATA CAPITAL.The loan amount is 1.5 lakhs.The rate of interest is nominal as compared to others.The process was quick enough and the executives shared all the details with regards to the loan.I am totally satisfied with the service of the bank.
      Was this review helpful? 0
      , new delhi
      Reviewed on Dec 07, 2017
    • Tata capital Personal Loan
      "Average service"
      0.5 2.0/5 "Expected more"
      I have applied for the personal loan from TATA CAPITAL, my loan application was approved and the requested amount was disbursed. It was overall a good loan experience with Tata Capital. Customer service was good, they provided door step service to collect the documents. The process was smooth and my loan amount was approved within 20 days. The rate of interest of 11.99% is nominal when compared to other sources.
      Was this review helpful? 1
      , bangalore
      Reviewed on Dec 06, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My personal loan experience with Tata Capital was good and i am satisfied with their services. The process was very smooth and my loan amount was approved within a week.Customer service was good and they responded on time. Documents were collected door step and the rate of interest was nominal when compared to other sources.
      Was this review helpful? 1
      , bangalore
      Reviewed on Dec 06, 2017
    Common Loader Icon
     Loading your search... Loading your search...
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.