Tata Capital Personal Loan

With Tata Capital's Personal Loans, you won't have to think twice before facing life's trials. Be it your child's education, a foreign holiday, a sudden home renovation, a family wedding, repayment of an existing loan, a personal emergency or even that special gift for your loved one. Your dreams and responsibilities will never take a backseat with our personal loans.

Tata Capital Bank offers wide variety of Personal Loan Products to suit your requirements.

You can take a personal loan for a variety of purposes, be it for conducting a family wedding, supporting your child's education, renovating your home or even paying back an existing loan.

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Fees And Charges:
  • Upon applying for a personal loan, you will be charged a non-refundable processing fee, which will vary depending on the particulars of your loan.
  • Part payment permissible only after 6 month of seasoning Maximum 25% of outstanding permissible (without any charges) within an annual cycle. 2% charges applicable beyond that.
  • Maximum part payment permissible (with charges ) will be total outstanding POS- 1EMI amount.
  • A 2% charge is levied every outstanding month over the prevailing interest amount for delays in payment

  • You can take a personal loan for a variety of purposes, be it for conducting a family wedding, supporting your child's education, renovating your home or even paying back an existing loan.
  • If you are eligible, you can take a personal loan without putting up any of your assets as collateral.
  • A personal loan requires very little paperwork when compared to other types of loans.
  • Our Personal Loans come with a host of repayment options such as post-dated cheques, ECS, online payments of EMI and so on.
  • Our Personal Loans come with competitive interest rates that are easily affordable.
  • **Offers on specific models. Terms & conditions apply.

You need to fulfil some basic conditions to be eligible for a Personal Loan. Both salaried, as well as self-employed individuals, are eligible for a personal loan. The criteria can differ a bit across different financial institutions. Some general eligibility factors are -

  • Whether salaried or self-employed, you need to be in the age group of 21-58 years old.
  • In terms of Business Continuity, for salaried persons, you should be in the same job for 6 months and overall work experience of 2 years. For self-employed, you need to be in the business for minimum 3 years with a work experience of 3 years.
  • You must draw a minimum income of Rs. 20,000 per month
  • Salaried individuals: If you are a salaried person, you need to have a minimum income of Rs. 20,000 per month. You would be eligible for a maximum loan of Rs. 15, 00,000.
  • Self-employed professionals: With a minimum income of Rs. 2,00,000 per annum, a self-employed professional can get a maximum loan of Rs. 20,00,000.
  • Businessmen/women: With a minimum income of Rs. 2,00,000 per annum, a self-employed professional can get a maximum loan of Rs. 15,00,000.


    Salaried Individuals:
  • Identity Proof - Voters ID /Passport/Driving License, etc.
  • Address proof -Ration Card/Electricity Bill/ Passport, etc.
  • Bank statements - Bank Statement for the last 3 months
  • Employment certificates/Business Continuity documents - 2-year Employment continuity document
  • Salary slips/ITR filings-Salary slips for last 3 months
  • SELF-EMPLOYED INDIVIDUALS
  • Identity Proof - Voters ID /Passport/Driving License, etc.
  • Address proof -Ration Card/Electricity Bill/ Passport, etc.
  • Bank statements - Bank Statement for the last 3 months
  • Employment certificates/Business Continuity documents - 2-year Employment continuity document
  • Salary slips/ITR filings-Latest Income Tax Return(ITR) along with the computation of income, Balance sheet(B/S) and Profit and Loss(PandL) for the last 2 years certified by a CA.
  • SELF EMPLOYED NON-PROFESSIONAL/BUSINESSMAN Application
  • Identity Proof - Voters ID /Passport/Driving License, etc.
  • Address proof -Ration Card/Electricity Bill/ Passport, etc.
  • Bank statements - Bank Statement for the last 3 months
  • Employment certificates/Business Continuity documents - Proof of Continuation: Trade License/Sales Tax Certificate/Establishment. Certified copy of Partnership Deed, Memorandum of Association(MOA), Article of Association(AOA) and Board Resolution
  • Salary slips/ITR filings-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.

Simple Loan Process

Turning Money Problems Into Solutions
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Choose Loan Amount

Choose your loan amount and terms to use loan

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Provide Document

Need to provide some basic document to verification

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Approved Loan

Our loan specialist ask fews question and verify docuements.

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Get your Money

Once loan aprroved you get loan amount credit.

Quick loan Process

Quick Loan
Approvals

Customer Satisfaction

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Satisfied

No Hidden Charges

No Prepayment or
Hidden Fees

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