TATA Capital - Benefits & Features

Product Overview

Tata Capital Personal Loan is an unsecured loan designed to meet personal financial requirements such as medical expenses, education, marriage, travel, home renovation, debt consolidation and other personal needs. The application process is available online with minimal documentation and flexible repayment options.

With fast processing, minimal documentation, and easy eligibility, it is a reliable option for entrepreneurs and individuals looking for quick financial assistance.

Eligibility Criteria

For salaried applicants, the current Tata Capital eligibility criteria include:Age: 21 to 58 years

Minimum monthly income: ₹20,000

Current employment: At least 1 year

Total work experience: At least 2 years

CIBIL Score: 725+ preferred

Nationality: Indian resident

Final eligibility, loan amount and interest rate are subject to Tata Capital's credit assessment.

Note: Meeting the above criteria does not guarantee loan approval. The final sanction is at Tata Capital's discretion.

Features & Benefits

Loan Amount: ₹40,000 to ₹35 lakh

Interest Rate: Starting at 10.99% p.a.

Interest Range: 10.99%–33% p.a., depending on eligibility and credit assessment

Tenure: Up to 6 years

Loan Type: Unsecured — no collateral required

Processing: Digital application and quick processing for eligible applicants

Repayment: Flexible EMI options

Minimal Documentation: Basic KYC, income and banking documents

Purpose: Medical expenses, education, marriage, travel, home renovation, debt consolidation and other personal needs

Fees & Charges

Processing Fee: Up to 5%

Interest Rate10.99%–33% p.a.APR10.99%–45%Processing FeeUp to 5% of loan amount + GSTDocumentation ChargesUp to ₹1,999Penal Charges3% per month on defaulted amountCheque/Payment Dishonour₹600 per instrument per instanceMandate Rejection₹450Statement – Customer PortalNilStatement – Branch Walk-in₹250Loan Cancellation2% of loan facility or ₹5,750, whichever is higherStamp DutyAt actualsCooling-off Period3 days from disbursalApplicable GST, government taxes and levies are additional wherever applicable.

???? Part-Prepayment Charges

Part-prepayment of up to 25% of the disbursed loan amount during the loan tenure: No part-prepayment charge

Within 12 months of first disbursement: 6.5% of applicable part-prepayment amount

After 12 months: 4.5% of applicable part-prepayment amount

???? Foreclosure ChargesFor a term-loan facility:

Within 12 months: 6.5% of principal outstanding

After 12 months: 4.5% of principal outstanding

Documents Required

Salaried ApplicantsPAN Card

Aadhaar Card / Passport / Voter ID / Driving Licence

Address proof

Last 2 months' salary slips

Latest 3 months' salary-credit bank statements

Application form with recent photograph

Employment-related proof, where applicable

Self-Employed ApplicantsDepending on the applicant profile, Tata Capital may require:

PAN and KYC documents

Address proof

ITR/income documents

Bank statements

Business or employment proof

Visit Tata Capital's Personal Loan application page.

Enter your basic personal, employment and income details.

Check your eligibility and loan offer.

Upload the required documents.

Complete the verification process.

After approval and documentation, the sanctioned amount is disbursed to the applicable bank account

FAQs

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Please check official terms and conditions or contact support for full details.

Yes. Part-prepayment and foreclosure are permitted subject to the applicable charges and conditions. Up to 25% of the disbursed loan amount can be part-prepaid during the tenure without a part-prepayment charge, subject to Tata Capital's stated terms.

Terms & Conditions

Loan approval is subject to Tata Capital's internal credit and eligibility assessment.

The advertised interest rate is a starting rate; the final rate may differ according to the applicant's profile.

Processing fees and other charges are subject to applicable taxes.

Loan amount, tenure and EMI depend on eligibility and the final sanction.

Delayed repayment can attract penal charges.

Prepayment and foreclosure are subject to Tata Capital's applicable terms and charges.

The applicable final terms are those mentioned in the sanction letter and loan agreement.

Product Overview

Eligibility Criteria

Features & Benefits

Fees & Charges

Documents Required

FAQs

Terms & Conditions

Apply for TATA Capital

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Why Choose TATA Capital ?

Product Overview

Eligibility Criteria

Features & Benefits

Fees & Charges

Documents Required

FAQs

What is the maximum Tata Capital Personal Loan amount?The current Tata Capital Personal Loan page shows a maximum loan amount of ₹35 lakh, subject to eligibility and credit assessment.

What is the starting interest rate?The advertised starting interest rate is 10.99% p.a. The actual rate offered depends on the applicant's profile and Tata Capital's credit assessment.

Is collateral required?No. Tata Capital Personal Loan is an unsecured loan, so property or other assets are not required as security.

What is the maximum repayment tenure?The maximum tenure is 6 years.

What CIBIL score is preferred?Tata Capital currently indicates that a CIBIL score of 725 or above is preferred for personal loan applicants.

What is the processing fee?The processing fee can be up to 5% of the loan amount plus applicable GST.

Can I prepay the loan?

Terms & Conditions

Apply for TATA Capital

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Why Choose TATA Capital ?