TATA Capital Personal Loan Apply Online @ 10.99% Feb 2024

Tata Capital Personal Loan TATA Capital Personal loans – TATA Capital Offers Personal loans For Renovation of Home ✓ Marriage ✓ Laptop Purchase ✓ repayment of existing loans ✓ credit card payments etc. Check Interest Rates ✓ Eligibility ✓ Flexi EMI options online at Deal4loans.

With Flexi EMI Personal Loans from tata capital, you can get upto 25 lacs of loan amount for maximum period of 5 years. you can get loan for a holiday abroad, child’s education, home renovation, marriage or wedding, repayment of an existing loan, an emergency or even buying that precious gift for your loved one.

Tata Capital Personal loan details:

Interest Rates 10.99% – 18.00%
Max. Loan Amount Rs. 1 Lakh to Rs. 25 Lakh
Processing Fees upto 1% + GST
Prepayment Charges 4.5% of principal amount outstating
Min. Income Rs.15000/- p.m
Loan Repayment 6 Years
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TATA Capital Personal Loan Interest Rates 2024

Category – PL Product Loan Amount Proposed Rate Existing PF Proposed Flat PF
Super CAT A/ CAT A/ TGE PL- Term Loan Only – BT & Fresh >15 Lacs in Top Mkt 10.49% 1.25% 4999/-
>10 Lacs in Top Mkt & > 7.50 Lacs in Emerging Mkt 10.75% 1.25% & 1.50% 3999/-
>7.50 Lacs in Top Mkt & >5 Lacs in Emerging Mkt 10.99% 1.25% &1.50% 2999/-
CAT B/ CAT C >15 Lacs in Top Mkt 10.99% 1.99% 4999/-
>10 Lacs in Top Mkt & >7.50 Lacs in Emerging Mkt 10.99% 1.99% 3999/-
>7.50 Lacs in Top Mkt & >5 Lacs in Emerging Mkt 11.49% 1.99% 2999/-

If a customer is looking for Balance Transfer and Fresh Loan of above 15 lakh , the below offer is available

Loan Amount IRR Processing Fees(+GST)
Loan amount >=15 lakh 10.99% INR 4999

In below table we have explained Salary Norms and Loan Amount capping rules for employees working in different categories. Tata Capital Has categorized its customers depending on the companies they are working in like Tata Group companies, Super Cat A, Cat A, Cat B, Cat C and Government organizations.

Basis on that the lender has capped the maximum loan amount it can provide to a customer.

Salary Norms TGE & Super Cat A CAT A CAT B Cat C FOIR Cap
< INR 25,000 3 Lacs NA NA NA 50%
INR 25,000 to < INR 50,000 7.5 Lacs 6 Lacs 5 Lacs 3 Lacs 60%
INR 50,000 to < INR 75,000 15 Lacs 10 Lacs 7.5 Lacs 6 Lacs 65%
>= INR 75,000 20 Lacs 15 Lacs 10 Lacs 7.5 Lacs 75%

Tata Capital calculates its loan amount basis on FOIR. And different percentage is applicable to different salary norms.

Tata capital offers personal loans to Salaried employees of MNC / Public Ltd, Co/large pvt ltd, State Govt, Central Govt & PSU companies.

Why Choose Tata Capital Personal Loans?

✓ Repayment period of upto 5.5 years or 66 months.
✓ Maximum loan amount upto 25 lakhs
✓ Attractive & lowest interest rates offer
✓ Instant approvals through online platform
✓ Minimum documentation
✓ No Security & Guarantors.

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

 Basic Requirement for Loan Approval from TATA Capital

  • You will need to have your details including your PAN number, Aadhar Number as well as a CIBIL score, while you apply for a personal loan online.
  • To be eligible, you will also need your pay income slips, address proof as well as bank statements to be uploaded for faster approvals and disbursal of the personal loan.

What does a Personal Loan cover?
You can take a personal loan for a variety of reasons. We provide you personal loans to cover the following purposes:

Documents Required for Salaried / Self Employed Professional / Self Employed Non Professional

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.

Tata Capital Personal Loan EMI Calculator

Looking for exact EMI per month calculation for the loan amount? So Here’s the example which helps you to know more how much you have to pay per month as EMI.

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So Below is the table.

Let’s calculate the EMI per month on the basis of 12.50% ROI for 4 Years Repayment period.

Loan Amount EMI per month
1 Lakh INR 2658
2 Lakh INR 5316
3 Lakh INR 7974
4 Lakh INR 10632
5 Lakh INR 13290

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