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 2766 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
      "Needs to improve"
      0.5 1.0/5 "Really Bad"
      I have applied for the personal loan from TATA CAPITAL, my loan application was closed because there was no proper follow up done after the application was submitted. The customer service was no up to the mark, they did not come to collect documents and there was no proper response from them, The rate of interest was nominal when compared to others in the market.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Nov 18, 2017
    • Tata capital Personal Loan
      "Need to improve service"
      0.5 5.0/5 "Blown Away!"
      I have applied for a personal loan with Tata Capital Limited. They collected the documents immediately and within 10 to 15 business days my personal loan got disbursed after my documents submission. They offered me the loan with 12.75% as rate of interest and there is no processing fees.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 18, 2017
    • Tata capital Personal Loan
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      I applied for a personal loan with Tata Capital Limited. Tata Capital staffs collected the documents on the 2nd day after I applied for the loan and my personal loan got disbursed within 3 days after my documents collection part was over. They offered me the loan with 11.99% as rate of interest.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 18, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have applied for the personal loan from Tata Capital, my loan application was closed because i was unable to provide proper documents. Customer service from Tata Capital was very good, they responded on time and also gave the correct information. The rate of interest was nominal when compared to other sources in the market.
      Was this review helpful? 0
      , kolkata
      Reviewed on Nov 18, 2017
    • Tata capital Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      TATA CAPITAL personal loan service was very good compare to others in the market they provide me a interest rate of 11.89 which was good compare to others in the market also the customer service staffs are responsible and the documents part was easy with TATA CAPITAL ,I am very much happy with the service of TATA CAPITAL for my personal loan service.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 17, 2017
    • Tata capital Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      It was good experience with TATA CAPITAL for my personal loan service I feel the process was very slow with TATA CAPITAL the interest rate they quoted me was good but the processing fee and the other charges where low compare to others it was wonderful service from TATA CAPITAL for personal loan service.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 17, 2017
    • Tata capital Personal Loan
      "Worst service"
      0.5 1.0/5 "Really Bad"
      I am not satisfied with the service of TATA CAPITAL for my personal loan service there was no proper information where provided there is no communication between the customer and the executives the interest rate they offered me was fine and TATA CAPITAL offered me a loan amount of 1.25 lakhs .
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 17, 2017
    • Tata capital Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      It was a pretty good service from TATA CAPITAL for my personal loan service the customer service was awesome the process was very fast with TATA CAPITAL compare to other banks in the market they offered me interest rate of 12 % which was reasonable for me it was totally a wonderful experience with TATA CAPITAL for my personal loan service.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 17, 2017
    • Tata capital Personal Loan
      "Smooth process but high rate of interest"
      0.5 4.0/5 "Great!"
      I have taken a personal loan with Tata Capital and the i feel that the rate of interest is a little too high for the amount taken compared to some other banks. The service however was good and i had no issues with them. On an overall it was a smooth process.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 17, 2017
    • Tata capital Personal Loan
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      It was good experience with Tata Capital. I got a call from the executive said I am eligible for 3.4L. The interest rate was nominal. I am paying premium of 11,700 rupees through ECS. The customer service and response was good. The part payment and pre closure option is not provided.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 17, 2017
    • Tata capital Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I had requested for a personal loan from Tata Capital.The loan amount is one lakh.Rate of interest is nominal as compared to other banks.The reason for choosing the bank is they have zero processing fees.The customer service was good to interact they gave me the complete details of the personal loan request.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 16, 2017
    • Tata capital Personal Loan
      "Good banking"
      0.5 4.0/5 "Great!"
      I have requested for a personal loan from TATA CAPITAL .The loan amount is five lakhs.Rate of interest is nominal as compared to other banks.I had closed the application am not interested to move on the request may be in future otherwise the bank service was good to approach.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Nov 15, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The loan process is good with Tata Capital. They provided door service for documentation. I habe taken 6L as a personal loan for 48months. I pay around 15k through ECS. Rate of interest is good. After 6 months only I can do preclosure. The customer service was up to the mark.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 13, 2017
    • Tata capital Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      It was a good experience with TATA CAPITAL for my personal loan service the customer service was very good the rate of interest they offered me fine compared to others but I had some personal issues so I was unable to proceed with my loan process further.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 13, 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 issued. It was overall a good experience with Tata capital. The customer service was good, they provided door step service for the collection of documents. The process was very smooth and easy. The only issue i found is with the rate of interest, initially the rate of interest was 14.5% and later they changed it to 15%.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 11, 2017
    • Tata capital Personal Loan
      "Great responsiveness"
      0.5 3.0/5 "Satisfactory"
      I had applied for a personal loan with TATA CAPITAL.The loan amount is 2 lakhs,rate of interest is nominal as compared to others.Customer service is not up to the mark initially when i applied because they had called me after a week post which they had called to get the reason for closing the application that's when they were very prompt and sent multiple alerts.
      Was this review helpful? 0
      , kolkata
      Reviewed on Nov 11, 2017
    • Tata capital Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I applied for a personal loan with TATA CAPITAL the service was good but the process was very slow I find lot of communication problem with them but the interest rate they quoted me fine compare to others it was totally a fine experience with TATA CAPITAL for my personal loan service.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 10, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      The best service has been given by TATA CAPITAL in regards to my personal loan application. The customer support is good with TATA CAPITAL. The documents were collected on time, they have visited my place on assigned date and time to collect the documents. The rate of interest and the charges low when compared with others.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 10, 2017
    • Tata capital Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      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. The customer service was good, they provided door step service for the collection of documents. The process was very smooth and the loan amount was approved within a week. The rate of interest of 11.9% was nominal when compared to other sources.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 10, 2017
    • Tata capital Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I had received a personal loan with TATA CAPITAL.The loan amount is two lakhs.Rate of interest is 12.75% the executives are much quick in responding and they had taken 3-4 days to complete the whole set of process.Net banking is very convenient and options are good.
      Was this review helpful? 0
      , kolkata
      Reviewed on Nov 10, 2017
    Common Loader Icon
     Loading your search... Loading your search...
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.