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 2507 Users

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    Promised Interest Rate

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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
      "Satisfied with the services"
      0.5 5.0/5 "Blown Away!"
      Three year ago I took a personal loan from Tata Capital and even that process was good. I got the loan without any issues and on time. The disbursement was also as required. The rate of interest was a bit higher than my current loan. It was around 14%.
      Was this review helpful? 0
      , noida
      Reviewed on Aug 16, 2017
    • Tata capital Personal Loan
      "Excellent services"
      0.5 5.0/5 "Blown Away!"
      It was a good experience at Tata Capital for the personal loan. I got the loan in a week. The process was good and the interest rate was around 12% and the processing charges was waived off. The customer support was good as they were very responsive in the process.
      Was this review helpful? 0
      , noida
      Reviewed on Aug 16, 2017
    • Tata capital Personal Loan
      "Good services"
      0.5 4.0/5 "Great!"
      Everything was fine at Tata Capital for the personal loan, except that there was a slight delay due to the signature mismatch. The whole process took around four days. The customer services was good. They were responsive when I contacted them too. I am also comfortable in the interest rate and charges.
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 16, 2017
    • Tata capital Personal Loan
      "Approachable"
      0.5 4.0/5 "Great!"
      I did not find any variance in the rate of interest with Tata capital because they quoted a normal interest rate which is the same rate when compared with other banks. But then, they done their best for the personal loan process. When it comes to customer service, yes they are good.
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 16, 2017
    • Tata capital Personal Loan
      "GOOD SERVICE"
      0.5 3.5/5 "Pretty good"
      The process for my personal loan was completed on time by Tata capital. I had no issues on that. They had offered me an rate of interest for about 11%. I also received the loan amount I needed and the tenure is for a period of 6 years of time and the loan got disbursed with in 1 week of time.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 16, 2017
    • Tata capital Personal Loan
      "Satisfied with the services"
      0.5 5.0/5 "Blown Away!"
      The process at Tata Capital is good for the personal loan. The services and response is fine and I received my loan on time as well. The funds disbursed was as needed. The interest rate and processing charges was normal. I got a rate around 11.99%.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 16, 2017
    • Tata capital Personal Loan
      "Overall good"
      0.5 5.0/5 "Blown Away!"
      I did not go ahead with Tata Capital for the personal loan because I got a preapproved loan from another bank. But I am satisfied with the response I got. They were quick to contact me and inform me the details. The process was good. The interest rate was around 11% which was normal.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 14, 2017
    • Tata capital Personal Loan
      "Very good rate"
      0.5 5.0/5 "Blown Away!"
      I am very much delighted with the interest rate and processing fee charged by TATA CAPITAL . They took around10 days to provide the loan. Documentation process was very simple. I am very much comfortable with the ECS date and I had received the loan from TATA Capital on time.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 14, 2017
    • Tata capital Personal Loan
      "Lengthy Process"
      0.5 4.0/5 "Great!"
      I cannot say that I had not faced any challenges with Tata capital but there was some confusions in the process. There was a lot of difference in their website and the reality. In the website it shows that there is a paperless work but I had uploaded all the documents so many times in both Tata capital and third party source web portal but then the process was so lengthy.
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 14, 2017
    • Tata capital Personal Loan
      "Completely good"
      0.5 5.0/5 "Blown Away!"
      Interest rate is good for the personal loan. It is something a very important thing for the loan and I have no issues with the rate of interest. Tata capital processed my loan without any issues. The loan service from Tata was quite good and I am satisfied.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Aug 14, 2017
    • Tata capital Personal Loan
      "Can do better"
      0.5 3.0/5 "Satisfactory"
      TATA Capital was in need of 36 cheque leaves also they dont have an auto debit facility which I was specifically looking out for and that is the reason why, I had not taken the personal loan from TATA CAPTIAL. Interest rate offered by TATA Capital was on the higher side.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 14, 2017
    • Tata capital Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      Personal loan with the Tata capital limited was really fine one for me, also everything was fine. The loan amount got disbursed to my account within stipulated time period. Response and other things are fine.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 11, 2017
    • Tata capital Personal Loan
      "Good"
      0.5 4.5/5 "Excellent!"
      Initially , there were some issues with the process of the Tata capital for the personal loan. Everything is good one with the Tata capital limited. Response is fine one with the Tata capital limited. The loan amount got disbursed to my account within five days of time.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 11, 2017
    • Tata capital Personal Loan
      "Average service"
      0.5 4.0/5 "Great!"
      The Process with TATA CAPITAL personal loan was good . The customer service and Tata capital response was good. The required loan amount has been disbursed and I am satisfied with it. The rate of interest is high when compared with others. We cannot foreclose the loan in first 6 months and if we want to close the loan in next 6 months they have other criteria which is annoying with TATA CAPITAL.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 09, 2017
    • Tata capital Personal Loan
      "Average service"
      0.5 4.0/5 "Great!"
      The Process with TATA CAPITAL personal loan was good . The customer service and Tata capital response was good. The required loan amount has been disbursed and I am satisfied with it. The rate of interest is high when compared with others. We cannot foreclose the loan in first 6 months and if we want to close the loan in next 6 months they have other criteria which is annoying with TATA CAPITAL.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 09, 2017
    • Tata capital Personal Loan
      "Better deal to go with TATA CAPITAL"
      0.5 5.0/5 "Blown Away!"
      The TATA CAPITAL personal loan process was good, but the charges are not applicable for the foreclosure after1 year, this scheme is really good with Tata capital. They have disbursed my personal loan within 7 days of time. The response part was good with them, The required loan amount was disbursed and I am happy with it, The rate of interest is nominal with TATA CAPITAL.
      Was this review helpful? 0
      , ghaziabad
      Reviewed on Aug 09, 2017
    • Tata capital Personal Loan
      "Good "
      0.5 5.0/5 "Blown Away!"
      Personal loan process went good with Tata capital. It was quite easy to avail the process was simple. But they had taken a lot of time to disburse the amount. It was quite delayed service but other than that their customer service and response was good.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Aug 08, 2017
    • Tata capital Personal Loan
      "Interest rate and charges should be reduced"
      0.5 3.0/5 "Satisfactory"
      Though I am a happy customer of TATA Capital they gave me low benefits on personal loan, the loan amount was Rs. 4 lakhs, they offered me 17.5% of interest for the tenure of five years. TATA Capital have taken Rs.12,000 from the disbursement..
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 08, 2017
    • Tata capital Personal Loan
      "Excellent process"
      0.5 4.0/5 "Great!"
      I had no hassles with Tata Capital for the personal loan. The executive was also supportive and they helped me out by collecting my documents on time. The rate of interest was of 11.99% and the processing charges was zero. After six months one can foreclose the loan with no charges.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 07, 2017
    • Tata capital Personal Loan
      "Approachable "
      0.5 4.0/5 "Great!"
      Interest rate is somewhat ok because everyone's desire is to get the lowest interest rate. Actually I had taken the personal loan from Tata capital. They processed my loan application without any hassles. Customer service is approachable and I had no issues with them.
      Was this review helpful? 0
      , mumbai
      Reviewed on Aug 07, 2017
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