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  • Tata Capital Personal Loan

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  • Tata Capital offers personal loans at lucrative interest rates starting at 10.99% p.a. You can avail a loan amount of up to Rs.25 lakh for a period of up to 6 years.

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    We found 1 Tata Capital Personal Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    PA PL OTP
    11.25% - 14.49% Fixed
    Bankbazaar Exclusive
    20L Max
    1 - 6 Years
    100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews

    Features and Benefits of Tata Capital Personal Loan

    • Fast Loan Disbursal
    • Competitive Interest Rates
    • Zero Prepayment Charges

    Tata Capital Personal Loan Details

    Interest Rate (Monthly reducing balance) 10.99% p.a. onwards
    Processing Fees Nil
    Pre Closure Charges Pre-closure permitted after 12 months. 0% of principal outstanding (plus ST)
    Loan Tenure 12 months to 72 months
    Guarantor Requirement No guarantor required

    Tata Capital Personal Loan Fees and Charges

    Loan processing charges Up to 2.5% of the loan amount +GST
    Prepayment
    • No part prepayment allowed in the first 6 months
    • Prepayment allowed only once in a year
    • There has to be a gap of minimum of 6 months between two part payments
    Pre-payment charges
    • Prepayment charge is 2.5% + GST on amount over and above 25% of outstanding principle
    • Part payment amount is up to 25% of the outstanding principle
    Penal interest 3% on overdue amount + GST
    Post-Dated Cheque Charges Rs.850 + GST
    Bounce Charges Rs.600 for every cheque/ Payment Instrument/ ECS Dishonour + GST
    Cancellation Charges 2% of loan amount or Rs.5,750 whichever is higher
    Instrument Swapping Charges Rs.550 + GST
    Foreclosure Charges
    • No foreclosure charges in the first 6 months
    • 4.5% of the outstanding principle at the time of foreclosure + GST
    Foreclosure Charges for Top Up 2.5% on the future outstanding principle of the existing loan + GST
    Foreclosure Charges in CCOD Cases
    • No foreclosure charges in the first 6 months
    • 4.5% on the drop-down limit amount+ GST
    Mandate Rejection Service Charge Rs.450 + GST (Charges will be levied if the new mandate form is not registered within 30 days of the rejection of the previous mandate form)
    CCOD Annual Maintenance Charges 0.25% on the drop line amount + GST or Rs.1,000 whichever is higher
    Outstation Collection Charges Rs.100 + GST
    Statement of Accounts
    • Soft copy: Nil
    • Branch walk-in: Rs.250 + GST
    Duplicate Repayment Schedule
    • Soft copy: Nil
    • Branch walk-in: Rs.550 + GST
    Duplicate NOC Rs.550 + GST
    Foreclosure Letter Charges
    • Soft copy: Nil
    • Branch walk-in: Rs.199 + GST

    Documents Required for Tata Capital Personal Loan

    • Signed application form with photograph
    • Copy of passport/ voter ID Card/ Driving License
    • Processing fee cheque
    • Last 3 months bank statement/6 months bank passbook

    Documentation for salaried applicants:

    • Latest salary slip
    • Current dated salary certificate with the latest Form 16

    Documentation for self-employed applicants:

    • Latest Bank statement
    • Latest ITR or Form 16

    Tata Capital Personal Loan Eligibility Criteria

    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

    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 Use Tata Capital Personal Loan EMI Calculator

    Use BankBazaar’s personal loan EMI calculator to check your monthly repayment amount. This easy-to-use online calculator lets you calculate your monthly EMI and processing fee within a minute. All you need to do is enter your loan details, including amount, interest rate, tenure, and processing fee. Click on “Calculate” to get your repayment details. This will be followed by an amortisation table, which will give you a complete break-up of your repayment schedule.

    FAQs

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

      Loan application status can be tracked via e-mails and SMS. If you have applied for the loan through the BankBazaar.com portal, you can track in by visiting your BankBazaar account as well. 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.

    • Am I eligible for Tata Capital personal loan moratorium?

      Adhering to RBI guidelines, all Tata Capital personal loan customers are eligible for the moratorium. Note that the personal loan moratorium extension is till 31st August, 2020. However, interest on your outstanding loan amount would keep on getting accrued during the moratorium period and will be added to your future instalments.

    • If I apply for moratorium, will it affect my future instalments?

      Yes, the interest will keep getting accrued and you may end up paying more at the end of your tenure. So, use an online personal loan EMI calculator and check your monthly repayment obligations before opting for moratorium.

    • 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.

        

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    Tata Capital Personal Loan Reviews

    • Tata capital Personal Loan
      "Need to decrease rate of interest "
      0.5 3.0/5 "Satisfactory"
      The rate of interest is very high of 20% from TATA CAPITAL when I applied a personal loan. They have offered me amount of 96K but before it was 1.30L which I am okay with tenure period of 3 years. They were saying to provide current address proof but I was not having at that time so the process was closed from bank end.
      Was this review helpful? 5
      , bangalore
      Reviewed on Mar 17, 2020
    • Tata capital
      Tata capital Personal Loan
      "Need to decrease interest rate"
      0.5 4.0/5 "Great!"
      TATA CAPITAL has offered a bit high rate of interest and fee. The process was done on good, the amount was not sufficient offered only 2L but I was expecting more than that. The tenure period of 1 year. Since an interest rate is high, closed the loan process from my end.
      Was this review helpful? 3
      , agra
      Reviewed on Mar 17, 2020
    • Tata capital Personal Loan
      "Need to provide more loan amount "
      0.5 4.0/5 "Great!"
      I was not comfortable with rate of interest though they offered of 9.5% but it was not satisfied for me. TATA CAPITAL offered the loan amount of 1.42L only but I was expecting up to 3.5L. The tenure period of 5 years. Hence due to low amount closed the loan process from my end.
      Was this review helpful? 3
      , chennai
      Reviewed on Mar 17, 2020
    • Tata capital Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      My personal loan journey started with Tata Capital Ltd . The loan got sanctioned on proper time frame .The rate of interest and the processing fee was medium and the agent shared all the relevant details about the loan .I have not faced any issues and the loan was taken for business purpose .
      Was this review helpful? 3
      , ludhiana
      Reviewed on Mar 16, 2020
    • Tata capital Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I have taken personal loan through Tata Capital Ltd mainly for my personal use .This loan was sanctioned on time .There was proper callback and follow up from online.The rate of interest and the processing fee was medium and i am satisfied with the service.
      Was this review helpful? 1
      , jaipur
      Reviewed on Mar 15, 2020
    • Tata capital Personal Loan
      "Service is Good"
      0.5 4.0/5 "Great!"
      My personal loan was availed through Tata capital ltd .This loan was taken for personal use only and the rate of interest and the processing fee was very high due to requirement taken the loan .This loan was sanctioned very quickly and there was no drawbacks faced so far .I am satisfied with the service .
      Was this review helpful? 1
      , ahmedabad
      Reviewed on Mar 15, 2020
    • Tata capital Personal Loan
      "User Friendly"
      0.5 4.0/5 "Great!"
      I have taken personal loan through Tata capital ltd.The rate of interest and the processing fee was medium .This loan was sanctioned on delay basis it took 2 weeks that was the issue.For verification of documents it took long time and there was proper acknowledgement from online as well as from tata capitla ltd.
      Was this review helpful? 1
      , chennai
      Reviewed on Mar 15, 2020
    • Tata capital Personal Loan
      "Interest rate was high and its easy loan approval "
      0.5 4.0/5 "Great!"
      The rate of interest was very high 20.5% in TATA CAPITAL for the personal loan . The loan amount was Rs. 1,50,000 and i am paying emi of Rs.7,800 with the tenure of 24 months. Documentation was very simple, I have submitted to the executive and i received the card in 1 week.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 15, 2020
    • Tata capital Personal Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have taken personal loan directly through Tata capital ltd.The rate of interest and the processing fee was high and this loan was sanctioned on time and the premium is paid on emi basis .The loan process was clearly shared by the agent and there was no drawbacks faced so far .
      Was this review helpful? 0
      , mysore
      Reviewed on Mar 15, 2020
    • Tata capital Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I have taken this loan for personal use through Tata capital Ltd. This loan was sanctioned on exact time frame without any hassles.The rate of interest and processing fee was okay. The loan process was clearly shared by the agent. Everything was good and i have documents submitted through agent .
      Was this review helpful? 0
      , mumbai
      Reviewed on Mar 15, 2020
    • Tata capital Personal Loan
      "Hassle free loan service"
      0.5 4.0/5 "Great!"
      It was for the personal use i have taken a loan from TATA Capital because they have provided me a pre-approved loan. They have offered me a interest rate of 19% which is fine for me. I have taken the loan amount of Rs. 1.40 lakhs. Processing fee was minimal. After 6 months, I can do pre-closure but there will be additional charges.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Mar 13, 2020
    • Tata capital Personal Loan
      "Satisfactory"
      0.5 4.0/5 "Great!"
      My personal loan was sanctioned on time by Tata capital .The agent clearly shared all the details about the loan process .when customer approach, they need to handle the customer properly. Mobile app is not accurate and it does not have complete information. I have submitted the documents through the agent .
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 13, 2020
    • Tata capital Personal Loan
      "Good Loan Service"
      0.5 3.5/5 "Pretty good"
      For the marriage purpose, i have taken this loan. I like the HDFC bank but they have sanctioned me very less amount hence i have availed the loan with TATA Capital. They have provided me a loan amount of Rs. 1.50 lakhs and got the interest rate of 18% which is quite higher anyway its acceptable. Part payment and pre-closure is available after 6 months.
      Was this review helpful? 0
      , vadodara
      Reviewed on Mar 12, 2020
    • Tata capital Personal Loan
      "Need to decrease interest rate"
      0.5 3.0/5 "Satisfactory"
      I have applied a personal loan from TATAT CAPITAL through online. I got a call on time, the process was smooth but bit delayed to sanctioned the loan by after 2-3 weeks. The amount was sufficient, I was expected 5L amount but given only 4L fine for me. The tenure period of 4 years. The rate of interest is 19% which is high. EMI need to pay of around 12K.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Mar 12, 2020
    • Tata capital Personal Loan
      "Better Loan Service"
      0.5 4.0/5 "Great!"
      There is no particular reason for choosing my personal loan from TATA Capital. They have explained me about the interest rate and processing fee. I have taken the loan amount of around Rs. 2.10 lakhs but i had applied for Rs. 3 lakhs because this is the eligible amount for my profile.
      Was this review helpful? 1
      , bangalore
      Reviewed on Mar 12, 2020
    • Tata capital Personal Loan
      "Very Good Loan Service"
      0.5 5.0/5 "Blown Away!"
      I have got a pre-approved personal loan from TATA Capital so only i have taken with them. I have received the loan amount of Rs. 80000 and they have provided me a nominal interest rate. I am paying the EMI amount of Rs. 2400 every month. I have opted the tenure period of 4 years.
      Was this review helpful? 1
      , chennai
      Reviewed on Mar 12, 2020
    • Tata capital Personal Loan
      "Quick process"
      0.5 5.0/5 "Blown Away!"
      I got a call on time from TATA CAPITAL for the personal loan application process. They have sanctioned the loan by 5 days with sufficient loan amount of 4L, the tenure period of 5 years. The rate of interest is 10.75 which is low compared from other. The processing fee deducted for 12K or 13K plus insurance. EMI need to pay of 11,364 rupees, given pre closure option after 1 year.
      Was this review helpful? 1
      , bangalore
      Reviewed on Mar 12, 2020
    • Tata capital Personal Loan
      "Good Service"
      0.5 3.5/5 "Pretty good"
      I have not undergone any difficulties when applied for this TATA Capital personal loan .The rate of interest was very high that was the issue ,17.5% , loan got sanctioned on time , proper call back and follow up was there from tata capital and online if reduce the rate of interest it will be best that would be my suggestion.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Mar 12, 2020
    • Tata capital Personal Loan
      "Need to decrease interest rate"
      0.5 5.0/5 "Blown Away!"
      TATA CAPITAL has provided the personal loan with high interest rate of 16%. Since I had some requirement so taken this loan. I got a call on time, the process was done on smooth of 15 - 20 days, the loan amount was sufficient with tenure period of 3 years. EMI need to pay of 3,300 rupees.
      Was this review helpful? 0
      , jaipur
      Reviewed on Mar 12, 2020
    • Tata capital Personal Loan
      "Satisfied "
      0.5 4.0/5 "Great!"
      I got a call on time from TATA CAPITAL for the loan application. The process was smooth and they sanctioned the loan by 2 days. The loan amount was sufficient with tenure period of 3 years. The rate of interest is 14% and processing fee deduct for 5K. EMI need to pay of 3,690 rupees. I am not aware about pre closure option. Since for my requirement chosen this loan offer.
      Was this review helpful? 3
      , bangalore
      Reviewed on Mar 12, 2020
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