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    We found 1 Tata Capital Personal Loan Interest Rates
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    11.49% - 18.25% Fixed
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    1-6 Years
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    Tata Capital Personal Loan Interest Rates is Rated as "Great!" by 3232 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 2018

    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.

    Tata Capital Personal Loan Interest Rates Reviews

    • Tata capital Personal Loan
      "Needs to improve on customer service"
      0.5 3.0/5 "Satisfactory"
      The process took lot of time for approval, the website of TATA CAPITAL is not user friendly. Rate of interest was nominal when compared to others. The loan amount was for Rs 2 lacs with tenure period of 4 years. Customer support was not up to the mark with TATA CAPITAL.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 16, 2018
    • Tata capital Personal Loan
      "Average experience"
      0.5 3.0/5 "Satisfactory"
      My experience was average with TATA CAPITAL for personal loan, the process took 1 week to complete. The loan amount was for Rs 80000 with high interest rate of 13%.. Documents like cheque was pending from my side. Customer service was good and they responded on time.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 16, 2018
    • Tata capital Personal Loan
      "Not satisfied"
      0.5 2.0/5 "Expected more"
      My experience was not up to the mark with TATA CAPITAL for personal loan, the process was delayed and it took 2 weeks to complete. The loan amount was for Rs 1 lac with high interest rate when compared to others. Customer support was not up to the mark and their response was delayed.
      Was this review helpful? 0
      , kolkata
      Reviewed on Nov 16, 2018
    • Tata capital Personal Loan
      "Documentation part should be improved"
      0.5 3.5/5 "Pretty good"
      I'm happy about the interest rate provided to me. I came to know that including the insurance they have given the interest rate of 12% and the processing fee of Rs. 1500. I have applied the loan amount of Rs. 2 lakhs. The loan got delayed for 12 days because of the collection executive. They have collected the documents once again from my end.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 16, 2018
    • Tata capital Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      I am happy with the rate of interest and processing charges with Tata Capital. I opt the loan for 2 years. I have to pay monthly around12K through ECS. The customer service and response was average. The document procedure was good, I had submitted the documents to the executive.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 16, 2018
    • Tata capital Personal Loan
      "Nice plans but need to take care of the application"
      0.5 4.0/5 "Great!"
      I had taken my personal loan from TATA CAPITAL by last month. I have applied the loan amount of Rs. 1.5 lakhs and the loan got delayed due to some reasons. From my end signature was mismatch and they have wrongly mentioned the tenure period because of all this things Mumbai branch was not accepted the same and they have sent a new application. Finally i have received the loan after 15 days.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 16, 2018
    • Tata capital Personal Loan
      "BETTER"
      0.5 4.0/5 "Great!"
      The particular reason for taking the personal loan with the TATA CAPITAL LIMITED is because the rate of interest is lower than others. The process is simple and i got the loan amount within 2 weeks. The rate of interest is 10.99% also the duration is for 5 years for repay added on that there is a pre closer charges applicable.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 16, 2018
    • Tata capital Personal Loan
      "For a personal loan, TATA CAPITAL providing good interest ra"
      0.5 5.0/5 "Blown Away!"
      My personal loan was taken with TATA CAPITAL and loan amount its almost delayed for 20 days. While i was applying the loan i have selected 11.25% and on the loan processing time, they have said like the interest rate 13% and i complained about the same and it got resolved within half day.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 16, 2018
    • Tata capital Personal Loan
      "Good service in terms of process and communication"
      0.5 5.0/5 "Blown Away!"
      I have received the loan on time. I'm happy about the interest rate provided to me. They have given me 10.99% and zero processing fee. I have bought the loan amount of Rs. 6 lakhs. The documents got collected from my house from the collection executive. I am yet to pay the first month EMI. I have chosen the ECS payment mode.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 16, 2018
    • Tata capital Personal Loan
      "Good personal loan experience"
      0.5 4.0/5 "Great!"
      I have processed the personal loan with TATA CAPITAL 1 month before. I have received the bit delayed for 1 week. I'm glad about the interest rate and my processing fee got waived off. As per the market standards they have provided the minimum interest rates. The documentation was good. After 1 year only i can able to pre-close the loan.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 16, 2018
    • Tata capital Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      I have appiled for personal loan with the TATA CAPITAL the reason for taking the loan with them is there is a option of Part payment also the process is fast. The loan amount is good also the rate of interest is of 10.99%. There is no processing fee applicable also the duration is for 5 years added on that the pre closure option in very much available here.
      Was this review helpful? 0
      , kolkata
      Reviewed on Nov 16, 2018
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My personal loan was taken with TATA CAPITAL , there were no hidden charges with this bank . They did not charge any processing fee and i got my loan on time . The loan amount which i got through this bank is satisfactory .I did not got nay paper work they said they will send on mail but not yet receive .
      Was this review helpful? 1
      , hyderabad
      Reviewed on Nov 15, 2018
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My personal loan was taken with TATA CAPITAL , there is no hidden charges with this bank . The tenure period is 4year and it is sufficient . I did not got nay documentation on mail as said by their customer executive . They charge for insurance also they said mandatory but it should not be there they should keep as optional.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 15, 2018
    • Tata capital Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      My personal loan was taken with TATA CAPITAL , tenure period is 5year . They provide satisfactory loan amount with this bank . Processing fee is not there but they charge for insurance. Initially they said rate of interest was different and later they charges was different but later they rolled what they promise .
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 15, 2018
    • Tata capital Personal Loan
      "Good Experience"
      0.5 5.0/5 "Blown Away!"
      They have asked me to taken a insurance policy against the loan. As per the market standards which is 11.25% they have provided as a personal. There was no processing fee according to the process. The documentation process was fair and the person came to my place collected the stuff.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Nov 15, 2018
    • Tata capital Personal Loan
      "Better to go for other banks who is providing on time loan"
      0.5 1.0/5 "Really Bad"
      While i'm applying the loan they said there is no processing fee but when the loan got sanctioned they have debited Rs. 4000 without any intimation. Still i have not collected the cheque. I have applied the loan amount of Rs. 1.5 lakhs this is actually existing loan transfer and top up. They have supposed to give Rs. 75 K for a transfer and balance is cash. I was behind the people to get the loan. I have visited the TATA CAPITAL branch to get a cheque and they have said the exact people are not available and asked me to come for other day. I had a bitter experience with TATA CAPITAL.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 15, 2018
    • Tata capital Personal Loan
      "Completely wrong information provided by TATA CAPITAL"
      0.5 2.0/5 "Expected more"
      I'm not at all happy with the TATA CAPITAL. They have promised some charges but they have given me different charges. Surely I'm going to take legal action on TATA CAPITAL. The customer care service is little bit okay and they have not given responded quickly. They have not given proper response. There are lots of hidden charges and they have not informed about the stamp duty and insurance charges.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 15, 2018
    • Tata capital Personal Loan
      "Average Experience"
      0.5 4.0/5 "Great!"
      When i apply for a loan they have said that the interest is 10.75% and without any information they changed the interest rate upto 11%. They have not updated any details before approving the loan. They have said its zero processing fee but they have charged Rs. 5000 from my account. There was issue with the cheque book, after given the proper cheque, they have disbursed the amount after 2 days. There is no proper follow up from the TATA CAPITAL.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 15, 2018
    • Tata capital Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been holding my personal loan with Tata capital, the loan amount they have given me is up to 3,00,000 and it is sufficient for me and i am not sure with the rate of interest how much they have charge me and they have charged nominal processing fee and the process went smoothly, i took 3 yrs as tenure period.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 15, 2018
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have been using my personal loan with TATA CAPITAL recently, the loan amount whatever i have expected they have given me it is sufficient and the rate of interest they have charged me is up to 11.2% which is nominal and they have not charged any processing fee and there was 1 day delay in getting my loan issue but it was okay.
      Was this review helpful? 1
      , mumbai
      Reviewed on Nov 14, 2018
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