TATA Capital Personal Loan

Tata Capital Loan is an NBFC(Non-Banking Financial Company) that provides loans for an individual for any kind of emergency such as marriage, education, home renovation, travel, or medical expenses. This company offers flexible and simple loans to a person when it’s needed. Funds will get easily. This firm(Tata Capital) is part of Tata Sons which is renowned as a substantial business group in India. Moreover, the company offers a wide range of services including commercial finance, consumer loans, wealth management, and distribution. For a loan from this company, needless to provide any collaterals, and can be taken for up to 72 months, with amounts up to Rs 25 Lakhs. The interest rates start at 10.99% per year.

TATA Capital Personal Loan Information

TATA Capital Personal LoanDetails
Loan Category:Personal Loan
Loans Offering:Personal Loan, Marriage Loan, Travel Loan, Medical Loan, Home Renovation Loan, Education Loan
Loan Type:Unsecured personal loan
Interest Rate:10.99% p.a. onwards
Processing Fee:Upto 2.75% of the loan amount + GST
Approval Process:Both online and offline
Minimum Income Requirement:₹15,000
Loan Approval Timing:2 days (48 hours)
Minimum Loan Amount:₹75,000
Maximum Loan Amount:₹25 Lakh
Minimum Loan Period:12 months/ 1 year
Maximum Loan Period:72 months/ 6 years
Type of Interest Rate:Fixed Interest Rate
Interest Charging Method:Reducing balance method

TATA Capital Personal Loan Eligibility Criteria

TATA Capital Personal LoanDetails
Salaried EmployeesYes
Salaried DoctorsYes
Employees of public and private limited companiesYes
Government sector employees including Public Sector Undertakings, Central and Local bodiesYes
Loan for PensionersNo
Loan for Existing CustomersYes
Self-EmployedYes
Selected CorporateNo
Other CriteriaThe applicant must have at least one year of work experience and need employment certificate stating 1 year of continuous employment
Minimum Age22 Years
Maximum Age58 years at the maturity of loan
Minimum Income Requirement₹15,000

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