TATA Capital Personal Loan

TATA Capital Financial Services Ltd. is one of the most popular NBFC’s in India. It has 200+ branches across India. TATA Capital provides a personal loan in the lowest interest rate and it is the one-stop solution for people to fulfill their dreams. TATA Capital provides personal Loan offers so many things to its customer. From the online service providing to the lowest interest rate on TATA Capital provides a personal loan. TATA Capital provides personal loan also provides flexible EMI options to its customer. TATA Capital Personal Loan does not need many documents to approve the Personal Loan. And the process is completely online and a TATA Capital provides personal loan disbursed in 3-4 working days if you meet the TATA Capital provides personal loan eligibility.

Why choose TATA Capital Personal Loan?

TATA Capital Personal Loan offers amazing benefits to its customers. From the lowest interest rate to flexible EMI it offers a lot. So here are the reasons why you should go for TATA Capital provides a personal loan.

• Documentation

  The documentation for TATA Capital provides personal loan is very minimal. They just need minimum documents like your income proof and address proof and TATA Capital provides personal loan is a UN secured loan so you don’t need any guarantor or you don’t have to mortgage anything for TATA Capital personal loan.

• Interest Rate

  TATA Capital provides personal loan Interest rate is very low. If you are someone who has High CIBIL Score and you want a loan you can go for TATA Capital provides a personal loan.

• Online

  TATA Capital Personal Loan offers you the online facility you can pay your TATA Capital provides personal loan EMI by online. Even after you successfully applied for TATA Capital Personal Loan you can check TATA Capital Personal Loan application status online. This will help you to check what is your current TATA Capital Personal Loan application status.

• Repayment

  You can easily repay your TATA Capital Personal Loan EMI online. You also can pay it with cheques. You can easily track both.

• Prepayment Charges

  You don’t have to pay pre-payment charges if you want to close your TATA Capital Personal Loan before its tenure.

TATA Capital Personal Loan Features

TATA Capital Personal Loan offers amazing benefits to its customers. TATA Capital Personal Loan offers Rs.75, 000 to Rs. 20lakh personal loan. They even made the documentation simplified to reach more customers and also made it online. You can go for TATA Capital Personal Loan Login after you applied for the loan so you can check your TATA Capital Personal Loan application status. You also can go for TATA Capital Personal Loan online payment.

• Simple Documentation

  As said first TATA Capital Personal Loan does not need many documents for TATA Capital Personal Loan apply. You can apply with minimal documents and they are very customer-friendly.

• Service at your door

  TATA Capital’s online doorstep digital service helps you to apply for TATA Capital Personal Loan from your doorstep which makes it simpler and convenient.

• Interest Rate

  TATA Capital Personal Loan offers the lowest interest rate to its customer so it can be pocket-friendly and beneficial to them.

• Hassle Free application

  You can apply on TATA Capital Personal Loan without any worries as they offer TATA Capital Personal Loan to everyone. Once you meet the TATA Capital Personal Loan eligibility criteria you will get your money transferred within 72 hours.

• Balance Transfer

  You can avail the benefit of personal loan balance transfer with the help of TATA Capital Personal Loan Balance Transfer. It will reduce the burden of your existing loan and if you want to you also can take a top up a loan with it because of TATA Capital Personal Loan rate of interest is very low.

• Guarantor Free

  TATA Capital Personal Loan does not need any guarantor or collateral or security to approve your TATA Capital Personal Loan.

• Processing Fees

  The processing fees are very loan in TATA Capital Personal Loan when other NBFCs and Banks take 2% to 5% for processing fees. TATA Capital Personal Loan only takes only 999 to 2.50% for processing Fees.

• Customer Care

  TATA Capital Personal Loan Customer Care service is so helpful if you face any problem regarding your TATA Capital Personal Loan they will help you. You just can call customer care executive for help.

• Tenure of Loan

  The tenure of your TATA Capital Personal Loan matters most in your loan. You can avail 1 to 5 years of tenure to repay your loan. Your interest rate also depends on loan tenure. If you take a loan for small tenure your interest rate will be low and if you take a loan for longer tenure your interest rate will be high. So it is advisable to go for a shorter tenure. Or you also can choose which suits you best.

• Check Your Eligibility Online

  If you want to take a TATA Capital Personal Loan and want to check your eligibility on TATA Capital Personal Loan Eligibility Calculator.

Eligibility for TATA Capital Personal Loan

If you are someone who is opting for TATA Capital Personal Loan you should know the eligibility criteria’s of TATA Capital Personal Loan.

• He / She must be salaried or self-employed.
• The monthly income should be at least Rs. 35,000.
• The age applicant should be in between 25 to 60 years.
• The applicant should have worked at least for six months on the current organization.
• The total work experience of the applicant for TATA Capital Personal Loan should be at least for two years.
• The minimum CIBIL Score for TATA Capital Personal Loan should be at least 600.

Documents required for TATA Capital Personal Loan

• Salaried

• Duly signed TATA Capital Personal Loan application form with passport photographs.
• Identity Proof and age proof (PAN Card/ Driving License/ Passport/ Voter ID/ Aadhaar Card etc)
• PAN Card (Must)
• Address proof (Aadhaar Card/Passport/ Landline Bill/ latest electricity bill/ Rent Agreement)
• Last Six months Bank statement
• Salary slips of last 3 months.
• If currently, you are paying any EMI for Credit Card or Personal Loan.

• Self-Employed

  • Correctly signed TATA Capital Personal Loan application form with passport photographs.
  • Identity Proof and age proof (PAN Card/ Driving License/ Passport/ Voter ID/ Aadhaar Card etc)
  • Address proof (Aadhaar Card/ Passport/ Landline Bill/ latest electricity bill/Rent Agreement)
  • TAN Card
  • Last three years of balance sheet along with profit and loss in business.
  • Last six months of bank statement of individual and business entity.
  • If currently, you are paying any EMI for Credit Card or Personal Loan.

TATA Capital Personal Loan Interest Rate Calculator

You can calculate your TATA Capital Personal Loan rate of interest easily by the help of your loan amount, salary, and your current company and also your Credit Score makes really big impact on your TATA Capital Personal Loan rate of interest.

• Loan Amount

  Loan amount matters a lot on your interest rate. A loan amount is borrowed by a borrower from NBFC. Basically, TATA Capital Personal Loan offers loan in between Rs. 50,000 to Rs. 25,00,000.

• Salary amount

  Your current income shows that how much you are eligible to repay your TATA Capital Personal Loan. If you are someone with higher salary your TATA Capital Personal Loan rate of interest will be low.

• CIBIL Score

  To be the eligible candidate for TATA Capital Personal Loan you should have a good CIBIL Score. CIBIL Score stands for your repayment ability so if you have high cibil y0ur TATA Capital Personal Loan rate of interest will be low and if you have low CIBIL your interest rate will be high. Minimum TATA Capital Personal Loan CIBIL Score is 650. To make your CIBIL high you have to pay your TATA Capital Personal Loan payment on time.

• Company Category

  TATA Capital Personal Loan has internal a list of companies and they had made categories regarding those companies like CAT-A, CAT-B, etc. Bank made this categorization based on the company’s size, reputation and existing relation with the bank. Employees who belong from higher companies always get amazing discounts and low interest on loans.

• Loan Tenure

  TATA Capital Personal Loan offers a loan tenure from 12 months to 60 you can choose your tenure as per your choice but you go for the higher tenure you have to pay more interest.

• Repayment Capacity

  Before you take any loan you should remember one thing that you have to repay your loan nothing is free to take the loan amount you need do not take extra. No one likes a debt burden in their soldier. Even if you get cold calls for a higher loan amount don’t fall for it.

TATA CAPITAL Personal Loan Benefits

• The maximum loan amount for TATA CAPITAL Personal The loan is Rs.20lakh. They offer loan amount up to Rs.20lakh to its customer.
• The TATA CAPITAL Personal Loan documents are very minimal. You just have to submit your address proof and your salary proof.
• The TATA CAPITAL Personal Loan process is completely online so you can receive the instant approval for your loan.
• An applicant also can go for an E-Kyc and eSign through Aadhaar for loan processing that is faster than normal.
• The TATA CAPITAL Personal Loan has an attractive features and loan get disbursal within 24 hours.
• TATA CAPITAL Personal Loan is giving personal loan both for salaried and self-employed.
• The age of borrowers for TATA CAPITAL Personal The loan is 25 to 60 years.
• The tenure for TATA CAPITAL Personal Loan is 12 to 60 months.
• TATA CAPITAL Personal Loan interest rate is also very low it starts from 12.99% to 19.99%* .
• The lowest EMI for TATA CAPITAL Personal Loan is Rs. 2,275 per lakh.
• With the help of online facility, you can repay your TATA CAPITAL Personal Loan payment online.
• TATA CAPITAL Personal Loan preclosure charges are zero.

TATA Capital Personal Loan Interest Rates, Fees & Charges

TATA Capital Personal Loan Other Fees and Charges

Points you should remember before taking Personal Loan

• Personal Loans are a type of installment loan. Which means applicator will borrow a fixed amount of loan from bank or NBFC. The borrower has to pay back to the bank or NBFC by installments in 12 to 60 months with interest. Once you have paid the loan your loan account gets closed.
• If you need 3Lakhs then just borrow 3Lakhs from bank or NBFC don’t borrow excessive money only because you have eligibility. You will receive cold calls, e-mails or messages from bank or NBFC but don’t fall for it.
• Banks and other financial institutions who give the personal loan always check the CIBIL Score before giving you personal Loan. So you have to maintain the score. You have to pay your EMIs on time. Because if you have high CIBIL Score your the interest rate will be low.
• Personal Loans are more difficult to get because it is an unsecured loan so bank or NBFCs can’t take any of your property if you can’t repay the loan and interest rate is higher than any other loan.
• Personal Loans have a fixed interest rate. It doesn’t change by time if you got a loan on 15%* interest rate it would be the same till the last date of your repayment.
• Penalty Charges are heavy on personal loans if you missed an EMI that Bank or NBFC have right to charge you. And it also affects your CIBIL Score. So pay your loan on time.