Multiple banks. Different interest rates. Call it a "conflict of interest".
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    We found 1 Tata Capital Personal Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    11.75% - 18.00% Fixed
    0 Bankbazaar Exclusive
    20L Max
    1-6 Years
    Response Time : Within 30 minutes
    Rs.750 Amazon Voucher 100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    Tata Capital Personal Loan is Rated as "Great!" by 3740 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    Tata Capital Limited is a subsidiary of Tata Sons Limited. The main advantage of taking a personal loan from us is that you do not need to provide any collateral or security while taking the loan. With minimum paper work you can now get a personal loan to fulfill any dream/aspirations of yours or anyone special to you. Tata Capital offers eligible customers instant e-approval on personal loan applications on BankBazaar.com. To know more, follow some simple steps given below to get attractive deals.

    Documentation needed to apply for an Tata Capital Personal Loan

    • 1. Signed application form with photograph
    • 2. Copy of passport/ voter ID Card/ Driving License
    • 3. Processing fee cheque
    • 4. Last 3 months bank statement/6 months bank passbook
    • 5. Documentation for salaried applicants:
      • Latest salary slip
      • Current dated salary certificate with the latest Form 16
    • 6. Documentation for self-employed applicants:
      • Latest Bank statement
      • Latest ITR or Form 16

    Tata Capital Personal Loan Interest RatesUpdated on 26 Mar 2019

    Tata Capital Personal Loan Details
    Interest Rate (Monthly reducing balance) 11.75% to 18.00%
    Processing Fees Nil
    Pre Closure Charges Preclosure permitted after 12 months. 0% of principal outstanding (plus ST)
    Loan Tenure 1 year to 5 years
    Guarantor Requirement No guarantor required

    About Tata Capital Personal Loan

    Tata Capital Limited is a unit of Tata Sons Limited. The company is registered with the Reserve Bank of India and it offers financial services which are fee-based and fund-based. The company is a customer-focused firm that aims to develop and provide banking solutions under the Tata Capital brand.


    Tata Capital caters to customers from diverse backgrounds like retail, corporates, institutions and individual customers. The Tata group is a world-renowned business house and through its sub-division, Tata Capital, the group wants to bring to the financial sector the same expertise and experience that it has been known for. The tagline of the company is “We do what is right for you”, which depicts the superior level of commitment that the company has towards its customers.


    The company deals in commercial finance, private equity, investment banking, wealth management, infrastructure finance, consumer loans, travel related services, foreign exchange and leasing services. Tata Capital has alliances with some of the major financial giants of the world like Mizuho Securities and International Finance Corporation. The company has a wide network of offices across the country to take their financial products and services to as many retail and consumer customers as possible.


    Tata Capital Personal Loans are a popular set of personal finance schemes that cater to the individual financial needs of a customer. You can avail this finance for any personal reason like home renovation, weddings or festival expenditure.

    Why choose Tata Capital Personal Loan?

    Following are the main factors due to which Tata Capital Personal Loan is preferable in comparison to other personal loans.

    Minimum Documentation: Tata Capital’s personal loans require minimum documentation and have a quick turnaround time.

    Attractive Rate of Interest: The rate of interest offered on Tata Capital personal loans is extremely competitive.

    Easy Repayments: The repayment of Tata Capital personal loans can be done either through cheques or through online EMIs both of which are extremely easy to track and pay.

    No pre-payment charges: In case the customer wishes to pay off the personal loan earlier than the agreed loan tenure then the company does not charge any pre-payment fees.

    Features of Tata Capital Personal Loan

    With an aim of taking financial products and services to as many customers as possible, Tata Capital offers a wide variety of loan options of which personal loan is a popular product. The company with its years of experience and expertise is a great name to bank with especially since the reach of the company is quite widespread. There are many features that differentiate Tata Capital personal loans from loans offered by other banks. Here are a few of such significant features that contribute to the success of these personal loans.


    Fast Loan Disbursal: Tata Capital is fast in disbursing loans so as to ensure that customers are not required to wait for long periods before getting their financial needs met. Be it a wedding or a child’s education or a long-pending vacation, Tata Capital personal loan ensures you meet all your financial requirements without delay.


    Competitive Interest Rates: The rate of interest on Tata Capital Personal loans is quite competitive and starts at a very low percentage.


    Zero Prepayment Charges: Pre-payment charges are not applicable at all in case the customer wants to pay off the personal loan earlier than the stipulated loan tenure. This means that you can reimburse the loan amount to the bank as soon as you have extra cash and be done with your financial liability.

    Why apply for Tata Capital Personal Loan on BankBazaar.com?

    Tata Capital has come into an exclusive collaboration with BankBazaar.com, India’s fastest growing and most popular financial marketplace. This collaboration aims to offer loan applicants the ease to apply Tata Capital personal loans, online. Users looking for Tata Capital personal loans can simply login to BankBazaar.com and use their online tool to check the eligibility and subsequently submit their loan applications too.


    Instant Loan Eligibility Check: Instant Loan Eligibility Check is a tool hosted on the BankBazaar website which helps users check their eligibility online, instantly. This saves user the time that is lost in visiting bank branches and getting their eligibility checked for application of personal loans. Once this online tool informs the user about his/her eligibility, personal loan can be applied through the BankBazaar website itself. This provides some great convenience and time-saving to the interested customers.


    Personalized Loan Quotations: The loan calculator on the BankBazaar website lets each user know his/her loan amount eligibility, appropriate loan tenure etc. by asking them to feed in their income, age and job-type into the online system.


    Lowest Interest Rates: Due to the mutual association of BankBazaar with Tata Capital, customers who apply for Tata Capital Personal Loan through the BankBazaar website are offered the most amazing and competitive interest rates.


    Instant Approval: Customers whose eligibility has been confirmed are instantly given an approval on their personal loan application assuring them that their loan application is already under process and has been forwarded to the concerned department of Tata Capital who will get back with updates on the same.


    Real Time Tracking Available: BankBazaar sends real-time updates via emails and SMS to customers who have applied for personal loans and who opt for receiving such updates.


    24/7 Customer Support: A dedicated 24X7 customer helpline is provided by BankBazaar to help customers who want any kind of information related to their personal loan applications processing.

    How to apply for a Tata Capital Personal Loan on BankBazaar.com?

    Applying for Tata Capital Personal Loan is just a few step procedure with the BankBazaar.com website.

    Step 1: Check your Personal Loan Eligibility by filling in your details into the online tool. The tool will calculate the eligibility based on the norms of the Tata Capital Company and will let you know the personal loan amount quotations you are eligible to apply for.


    Step 2: The tool will give all the possible quotations for you as per your eligibility, now you can choose the most suitable option that fits your requirement as well as pocket.


    Step 3: After you select a particular plan and click submit, you will receive an e-approval from BankBazaar.com that your application has been approved and submitted.


    BankBazaar.com then forwards your application to the concerned department of the bank’s nearest branch. Tata Capital will then get in touch with you regarding your loan application. The turnaround time is real quick and meanwhile the status of the application can be tracked via SMS or e-mail.

    Tata Capital Personal Loan Interest Rates

    Interest rate 13.99% to 17.50% fixed
    Loan processing charges 0.5% to 2.25% of the loan amount
    Prepayment Yes. Permitted after 180 days of availing the loan
    Pre-payment charges Zero for part-payment up to 25% of the loan. 2% closure charge on more than 25% payment of loan
    Loan cancellation charges NIL

    Tata Capital Personal Loan Eligibility

    Eligibility Criteria for Salaried Individuals

    Segment
    • MNC
    • Public Ltd.
    • Co/Large Pvt. Ltd.
    • State Govt. /Central Govt.
    • PSU
    Age Between 21-58 Years
    Job Continuity Should have a job and worked with the current employer for at least 1 year
    Minimum Income Rs.20,000 per month
    Minimum Loan Amount Rs.75,000
    Maximum Loan Amount Rs.15,00,000
    Tenure 12-60 Months
    Documents Required
    1. Identity Proof: Voters ID /Passport/Driving License
    2. Address Proof: Ration Card/Electricity Bill/Rental Agreement/ Passport.
    3. Bank Statement for the last 3 Months
    4. Latest Form 16
    5. Most Recent Salary Slip or current dated Salary Certificate

    Eligibility Criteria for Self Employed Individuals and Self-Employed Professionals:

    Parameters Self Employed Professionals Self Employed Individuals
    Age 25-65 Years 25-65 Years
    Business Continuity Min. 3 years in the same business and city Min. 3 years in the same business and city
    Minimum Income Rs.2,00,000 per year Rs.2,00,000 per year
    Minimum Loan Amount Rs.75,000 Rs.75,000
    Maximum Loan Amount Rs.15,00,000 Rs.15,00,000
    Tenure 12-48 Months 12-48 Months
    Documents Required
    1. Identity Proof: Voters ID /Passport/Driving License
    2. Address Proof: Ration Card/Electricity Bill/Rental Agreement/Trade License/Sales Tax Certificate.
    3. Banks Statement for the last 6 months
    4. Highest Professional Degree
    5. Latest Income Tax Return(ITR)
    1. Identity Proof: Voters ID /Passport/Driving License
    2. Address Proof: Ration Card/Electricity Bill/Rental Agreement/Trade License/Sales Tax Certificate.
    3. Banks Statement for the last 6 months
    4. Latest Income Tax Return(ITR) along with the computation of income, Balance sheet(B/S) and Profit& Loss(P&L) for the last 2 years certified by a CA.
    5. Proof of Continuation: Trade License/Sales Tax Certificate/Establishment.

    How to calculate EMI for Tata Capital Personal Loans

    The BankBazaar Personal Loan EMI Calculator is a unique tool featured on the BankBazaar.com website. This online tool helps you calculate your EMI that needs to be paid every month. Using this online tool makes it easy for an applicant to know and plan beforehand his monthly expenses according to the loan repayment EMI.

    A user can enter details like the loan amount, tenure and the rate of interest; the tool then calculate the approximate EMI and lets the user know how much needs to be paid per month.

    Tata Capital Personal Loan FAQs

    • How do I track the status of my Tata Capital Personal Loan?

    • Loan application status can be tracked via e-mails and SMS through the BankBazaar.com portal. Additional details can also be availed by calling the BankBazaar.com customer helpline or by directly calling up the Tata Capital customer center.


    • What are the advantages of applying for Tata Capital personal loan through BankBazaar.com?

    • The best interest rates can be availed while ensuring that you get the best overall loan quotations. Also you have the full BankBazaar team support in letting you sail successfully through your loan application processing.


    • What is the minimum and maximum amount of Personal Loan that I can get with Tata Capital?

    • The minimum loan amount is 75,000 rupees while the maximum is 15,00,000 rupees. This however, depends upon your loan eligibility.


    • What is the tenure for which I can avail a Personal loan with Tata Capital?

    • The tenure offered is between 12 to 60 months.


    • Does BankBazaar.com charge for using its Loan Calculator Tool?

    • No. This Calculator is absolutely free for use.


    • Where can I get the Tata Capital Personal Loan Application form?

    • The Personal loan application form can directly be found and filled at the BankBazaar.com website. The application can then be submitted too through the same website.


    • Can I receive the Tata Capital Personal Loan statement online?

    • Yes. You can choose to receive your loan statement online on the email id registered with the company.


    • Is there a processing fee?

    • A processing fee is charged upfront and depends upon the loan amount and tenure.


    • Can I avail a personal loan for purpose of business?

    • Yes. A personal loan from Tata Capital can be availed for business purposes too.


    • Can I get a top-up on my existing personal loan with Tata Capital?

    • Yes. A top-up loan can be availed only in case when 8-18 EMIs have been already paid.


    • What are the pre-closure charges for the Tata Capital Personal loan?

    • There are no pre-payment charges for a Tata Capital Personal Loan if you pay the loan amount after 180 days from the disbursal of loan amount and up to 25% payment of the loan amount. In case the part payment is greater than 25% then a 2% fee is charged.

    • Can I apply for a Tata Capital Personal loan Online?

      Customers have the option to make an online application for a personal loan. All you have to do is visit the company’s official website and click on the Personal Loans link in the Online Loans section and enter the required details, such as name, gender, date of birth, residential status, email id, mobile number, city of residence, profession, etc. Once all these details have been filled in, you will have to choose the tenure and loan amount you wish to avail after which you can submit the application and wait for its approval provided you meet all eligibility criteria.

    • How much time does it usually take to get the personal loan approved if I take the online route?

      Customers who apply for personal loans online will receive immediate approval in about five minutes provided they qualify for the facility. The loan will be disbursed to the applicant in less than 72 hours after the customer has submitted all the relevant documents. However, whether or not your application will be approved will be solely determined by Tata Capital Financial Services Limited.

    • How do I check the status of my loan online?

      After you have submitted your application for a loan using the company’s website, the status of your facility can be tracked by simply visiting the ‘Track my Application’ link on the official website. You will be required to furnish the loan application number along with your date of birth to retrieve the data you require.

    • Do I have to scan my documents and submit them online or do I have to visit a Tata Capital branch to submit them physically when applying for a personal loan?

      Customers have the option of uploading their documents online as it offers the element of convenience. Alternatively, you can also choose the option of having your documents collected personally by an executive representative of Tata Capital Financial Services Limited. The executives of the company will visit you at your office or residence as per your convenience to complete the formalities.

    • What are the details that must be entered in the Residence address section when filling out the online application for a personal loan?

      The details entered by a customer in the residence address section of the online application form must be the same as stated in the address proof you have submitted to the company. The address proof may include any one of your passport, ration card, driving license, latest mobile phone bill or in the absence of the aforementioned documents, you may submit a letter from your employer provided it contains a signature of the admin manager or authorised HR.

    • How do I make repayments towards the loan?

      Customers have the option of repaying their personal loans through the Electronic Clearance System (ECS). All you have to do is inform the company to deduct the equated monthly instalments from the bank account you have nominated. Customers also have the option to make payments via post-dated cheques in favour of Tata Capital Financial Services Limited.

    • Is there an option to prepay my personal loan?

      Yes, customers can prepay their personal loans by simply visiting a branch of Tata Capital Financial Services Limited or calling and getting professional advice from an executive of the company at 18002096060. When visiting the branch, certain documents must be carried on your person. These documents include a statement that states that you have cleared the last instalment, foreclosure statement, request letter signed by the applicant, and PAN card. The prepayment of your personal loan can be made via demand draft, cheque or cash.

    Tata Capital Personal Loan Reviews

    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I applied my loan through TATA CAPITAL but the application got cancel and the reason is i am in need of car loan but they were providing me personal loan . But whatever experience i got was good , i do not have to struggle much it was very hassle free process . Overall it is good .
      Was this review helpful? 0
      , mumbai
      Reviewed on Mar 25, 2019
    • Tata capital Personal Loan
      "They need to improve services"
      0.5 3.0/5 "Satisfactory"
      I applied for my loan through TATA CAPITAL . I was in need of business loan but they was providing me personal loan so i rejected the application . I am not happy with their customer service response they said me they will call because i was facing some query but they did not .
      Was this review helpful? 0
      , new delhi
      Reviewed on Mar 25, 2019
    • Tata capital Personal Loan
      "Very slow process "
      0.5 4.0/5 "Great!"
      I had applied for a personal loan with TATA CAPITAL but i cancel the application because here the process was very slow they are not giving the loan soon it was taking so much time . So i took my loan from HDFC BANK they provide me 400000 of loan and within 5 minutes i got it .
      Was this review helpful? 0
      , pune
      Reviewed on Mar 25, 2019
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I had applied for a personal loan with TATA CAPITAL and i am happy for the reason that my application processed on time and there was no delay. The rate of interest is 13.5% reasonable here. My loan has a tenure period of 3 years . I applied for 100000 and i got the same amount .
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 25, 2019
    • Tata capital Personal Loan
      "Avergae service"
      0.5 4.0/5 "Great!"
      I have taken personal loan with TATA CAPITAL . I applied 100000 loan and i got the same amount . The service is very slow there was delay in getting loan . The services is average and the one more reason is whatever i will submit they are asking again and again .
      Was this review helpful? 0
      , pune
      Reviewed on Mar 25, 2019
    • Tata capital Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I took my personal loan from Tata Capital through online channel. The interest rate is good when compared to other banks and there was no processing fee. The documents are submitted and also executive came for verification. The loan was disbursed within a week. The loan duration is 4 years.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 25, 2019
    • Tata capital Personal Loan
      "AVERAGE"
      0.5 3.5/5 "Pretty good"
      The documentation process was simple and good to get the personal loan with the TATA CAPITAL LIMITED. I got the loan amount within few days and they have given the loan amount which was satisfactory with this personal loan. It is good to use.
      Was this review helpful? 0
      , new delhi
      Reviewed on Mar 25, 2019
    • Tata capital Personal Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I have selected Tata capital Personal Loan since i have got the offer only for Tata Capital .The agent gave clear picture about the personal loan.No difficulties faced till now on applying the personal Loan.The rate of interest and the processing fee was high as well.Not taken the personal due to high rate of interest only.The Overall Service is Good .
      Was this review helpful? 0
      , nagpur
      Reviewed on Mar 25, 2019
    • Tata capital Personal Loan
      "Good Service "
      0.5 3.5/5 "Pretty good"
      I have chosen Tata Capital Personal Loan since i got the offer for Tata Capital .The rate of interest was nominal and the processing fee was also nominal .I have not faced any difficulties when applied for personal loan with Tata capital .I have not taken the personal loan since not capable due to some criteria they have on Tata Capital .Other than that the Overall Service is Good.
      Was this review helpful? 0
      , mumbai
      Reviewed on Mar 25, 2019
    • Tata capital Personal Loan
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      The personal loan that i have applied with the CAPITAL FIRST and using it from past few years and the documentation process with them was good and smooth. They offered with good loan amount with nominal rate of interest than others when compared.
      Was this review helpful? 0
      , ghaziabad
      Reviewed on Mar 25, 2019
    • Tata capital Personal Loan
      "Good "
      0.5 4.0/5 "Great!"
      I have taken a TATA CAPITAL personal loan the loan amount was Rs. 2,30,000 tenure is 5 years. I received the loan amount with in 10 days. Documentation process is easy executive come and collected the documents, Customer service is okay. The rate of interest i am happy. The preclosure charges is 1.59%.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Mar 25, 2019
    • Tata capital Personal Loan
      "Excellent Service"
      0.5 4.0/5 "Great!"
      I had chosen to go with them since the reviews which i saw about them had been pretty good. The process in getting the loan was comfortable and convenient. The interest rate with them and the charges which they had made has also been pretty nominal as well.
      Was this review helpful? 0
      , pune
      Reviewed on Mar 25, 2019
    • Tata capital Personal Loan
      "Excellent service"
      0.5 4.5/5 "Excellent!"
      I have applied for Tata capital Personal Loan.I have not faced any issues. The rate of interest was littile bit high and the processing fee was little bit acceptable.The agent clearly explained the process of the loan.I have not faced any issues till now .The Overall Service is Good and satisfactory .
      Was this review helpful? 1
      , chennai
      Reviewed on Mar 24, 2019
    • Tata capital Personal Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I have applied for Tata capital Personal Loan. No clue on the rate of interest and charges levied by them,The agent clearly explained the process .I have not faced any issues till now .I have cancelled the plan of taking the personal loan since not require the personal loan .
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Mar 24, 2019
    • Tata capital Personal Loan
      "Not proper information about Processing fees & Pre closure ."
      0.5 1.0/5 "Really Bad"
      TATA capital given fake information about processing fees . Initially , they informed me no processing fees after that they charged me around Rs 3000 /- as a processing fees. If it is applicable , I would have chosen some other bank for my loan . Even Pre closure and post closure charge was there in Tata capitals .
      Was this review helpful? 1
      , bangalore
      Reviewed on Mar 23, 2019
    • Tata capital Personal Loan
      "Need loan amount with in 48-72 hrs of time . "
      0.5 4.0/5 "Great!"
      TATA capitals peoples were helpful and coordinative .But they are taking some extra time from the bank side for crediting my amount . I am satisfied with their service .Okay with the interest rate for another 36 months .In the future also , I am thought of taking from them .
      Was this review helpful? 1
      , new delhi
      Reviewed on Mar 23, 2019
    • Tata capital Personal Loan
      "Rate is higher than the qotation"
      0.5 5.0/5 "Blown Away!"
      My loan has been taken with TATA CAPITAL . The tenure period is 2 year and the services which has been provided through this bank is good . The loan amount what i applied is 500000 and i got the same . The rate of interest is 13% which is very high . Easy process .
      Was this review helpful? 1
      , mumbai
      Reviewed on Mar 23, 2019
    • Tata capital Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      My personal loan was taken with TATA CAPITAL . I am really happy the way they treat their customers on the basis of the transactions. Overall it has been a smooth experience. There is no hidden charges with this bank . Customer support is good . I applied for 400000 but i just got 300000 .
      Was this review helpful? 1
      , mumbai
      Reviewed on Mar 23, 2019
    • Tata capital Personal Loan
      "Need immediate response for Loan disbursement "
      0.5 5.0/5 "Blown Away!"
      My Major issue with the Tata capital is they taken 25 days for sanctioning my personal loan amount . A very long time made me to wait .I am Totally disagreed with the customer response . There is no proper follow up and no one there to inform the status of the loan .
      Was this review helpful? 0
      , new delhi
      Reviewed on Mar 23, 2019
    • Tata capital Personal Loan
      "Good Service"
      0.5 3.0/5 "Satisfactory"
      I have met Tata Capital Agent and applied for Tata Capital Personal Loan.The agent clearly explained the process .The rate of interest was nominal and the processing fee was nominal .The loan amount was sufficient as well .I have applied for the loan amount of 3 lakhs for the tenure of 3 years. While submitting the documents also not yet faced any issues.The Overall Service is Good .
      Was this review helpful? 0
      , vijayawada
      Reviewed on Mar 23, 2019
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