Tata Capital allows customers to foreclose their personal loans 6 months after it has been disbursed. To foreclose the loan, you will need to pay a fee that is 4.5% of the principal outstanding plus the applicable GST. Tata Capital also allows preclosure on top-up loans and Cash Credit Overdrafts (CCODs).
|Foreclosure Charges||4.5% of remaining principal at the time of foreclosure plus applicable GST|
|Foreclosure Charges for Top-Up||2.50% on the future principal remainder on the existing loan plus applicable GST|
|Foreclosure Charges in CCOD cases||4.5% on dropped down limit amount plus applicable GST|
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