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    We found 1 Tata Capital Personal Loan Interest Rates
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    11.50% - 17.25% Fixed
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    1-6 Years
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    Tata Capital Personal Loan Interest Rates is Rated as "Great!" by 2981 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
      "Good service"
      0.5 5.0/5 "Blown Away!"
      Got the better service from the TATA CAPITAL in regards to my personal loan application. I have got the loan amount within 2 days of time. The customer support service and the response is good from the tata capital . The rate of interest and the charges are average.
      Was this review helpful? 0
      , chennai
      Reviewed on May 18, 2018
    • Tata capital Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      The personal loan process was very good and after the confirmation , I have got the loan amount within 3 days of time. The customer service is good from the Tata capital and they gave me better response in regards to my personal loan application. The rate of interest is low when compared with others.
      Was this review helpful? 0
      , new delhi
      Reviewed on May 16, 2018
    • Tata capital Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      The personal loan process was with Tata Capital was completed asap. The collection of documents and disbursement was done in four days. The rate of interest is around 11.99% and I am not sure on the processing fees. I have few other loans with a interest rate of around 14 to 15% and this is the best.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 14, 2018
    • Tata capital Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      There was no intimation made or reason explained from the bank side during the closing of this loan and i would like to know the reason as well. I have tried calling them but there was no proper response made from their side. The rate of interest which they have offered was quite good.
      Was this review helpful? 0
      , noida
      Reviewed on May 11, 2018
    • Tata capital Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      The tata capital branch was not available at the place where I have applied for the personal loan , so that was the reason I haven't got the personal loan from the tata capital. The customer support service and the response part is good from the tata capital.
      Was this review helpful? 0
      , ghaziabad
      Reviewed on May 11, 2018
    • Tata capital Personal Loan
      "Need to Fulfill the promises"
      0.5 1.0/5 "Really Bad"
      Initially , the Tata capital has agreed to approve the loan amount of Rs,5,00,000 and after submitting the documents they told that they can release only Rs,3,00,000 , so that was the reason I haven't got the loan from the Tata capital. The promises need to be fulfilled by tata capital.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 11, 2018
    • Tata capital Personal Loan
      "Very good service"
      0.5 4.0/5 "Great!"
      I had applied for the personal loan for some medical emergency , but the requirement has been fulfilled so that was the reason I haven;t got the personal loan. The customer support service and the response is good from the Tata capital , they were about to collect the documents but I have informed them in prior.
      Was this review helpful? 0
      , chennai
      Reviewed on May 11, 2018
    • Tata capital Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      I haven't got the personal loan from the TATA capital because I have got the required amount, So I have cancelled the personal loan application from Tata capital , so that was reason I haven't got the loan from the TATA capital. The rate of interest and the charges were average with the TATA capital.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 11, 2018
    • Tata capital Personal Loan
      "Need to be more professional"
      0.5 1.0/5 "Really Bad"
      I also had applied with Tata Capital for the personal loan. I am not satisfied with the services and response and I suggest that the team can be more professional and polite while communicating to the customer. Also, the details needed of the customer should not be too personal.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 10, 2018
    • Tata capital Personal Loan
      "Need improvement"
      0.5 3.0/5 "Satisfactory"
      I have applied for the personal loan with the Tata capital, and the documents were uploaded on time. The TATA capital executives told that they will come and collect the documents manually , but they haven't gave me any response from them. The customer support service and the response part need to be improved with the Tata capital .
      Was this review helpful? 0
      , bangalore
      Reviewed on May 08, 2018
    • Tata capital Personal Loan
      "Good experience"
      0.5 5.0/5 "Blown Away!"
      My personal loan was taken with TATA CAPITAL. The loan amount was 4.5 lakhs and the interest rate was 12.79 % which is average . The process was really satisfactory and good. There is no processing fee at all and they haves sanctioned the loan with the committed time so I would like to recommend to others.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Apr 25, 2018
    • Tata capital Personal Loan
      "Average"
      0.5 2.5/5 "Just OK"
      I have my personal loan with TATA CAPITAL . The loan amount was 1.15 lakhs and the interest rate was 11-12% which is average in the market . I am not satisfied with the customer service and responses since the executive said that the loan was disbursed but it was not disbursed actually . Their ground staff is good and then process was smooth .
      Was this review helpful? 0
      , bangalore
      Reviewed on Apr 25, 2018
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have my personal loan with TATA CAPITAL . The loan amount was 2 lakhs and the interest rate was 12% which is average . The customer service and responses was up to the mark. I had a hassle free process and documentation here. They have provided door step service for collecting documents.My experience was really good.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Apr 24, 2018
    • Tata capital Personal Loan
      "Very good"
      0.5 3.5/5 "Pretty good"
      My personal loan was taken with TATA CAPITAL . The loan amount was 65 lakhs, the interest rate was 11.9% which is satisfactory and the tenure period was 6 years . The process was quite good, but i have not received the documents yet. They have sanctioned the loan within the committed time.
      Was this review helpful? 0
      , pune
      Reviewed on Apr 21, 2018
    • Tata capital Personal Loan
      "Better service"
      0.5 4.0/5 "Great!"
      My personal loan was taken with TATA CAPITAL. The credit limit was 3,30,000 and the interest rate was 14.25% which is bit high .The customer service and responses was good. The tenure period was 4 years . The process was good and smooth. The processing fee was nominal.
      Was this review helpful? 0
      , chennai
      Reviewed on Apr 21, 2018
    • Tata capital Personal Loan
      "Excellent services"
      0.5 5.0/5 "Blown Away!"
      The process was very smooth with Tata capital. I have taken my personal loan. It was a on time process for the document collection and for the disbursement too. The loan was as per requirement. The rate of interest is reasonable, it is of 11.99% and the processing fees is zero.
      Was this review helpful? 0
      , bangalore
      Reviewed on Apr 18, 2018
    • Tata capital Personal Loan
      "Fast service"
      0.5 5.0/5 "Blown Away!"
      My experience with TATA CAPITAL for personal loan was very good, It was a fast approval and i received my loan within 3-4 days. The loan amount was for Rs 5 lakhs for 4 years with interest rate of 13% which is nominal rate. Customer service was good and they collected documents on time.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Apr 16, 2018
    • Tata capital Personal Loan
      "Average service"
      0.5 5.0/5 "Blown Away!"
      The tata capital personal loan service is good, The emi options are not up to the mark with the tata capital and the ECS adaptation is not transparent. The transparency is not is not in the process. The rate of interest and the charges are high with the TATA capital when compared with others.
      Was this review helpful? 0
      , bangalore
      Reviewed on Apr 16, 2018
    • Tata capital Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I had a very fine experience with TATA CAPITAL for personal loan, the process was quite long and it took 2-3 weeks to disburse the loan amount. The loan amount was for Rs 3.2 lakhs for 5 years with high interest rate of 11.99%. Customer service was good and they collected documents on time.
      Was this review helpful? 0
      , bangalore
      Reviewed on Apr 14, 2018
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My personal loan experience was very good with TATA CAPITAL, the process took 5-6 days to complete. I have taken loan for Rs 1.5 lakhs with tenure period of 5 years. The rate of interest for this loan is 12.75% which is nominal rate. Customer service was good and they collected documents on time.
      Was this review helpful? 0
      , mumbai
      Reviewed on Apr 14, 2018
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