TATA Capital Personal Loan Apply Online @ 10.99% Feb 2024
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 |
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 |
|
| 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 |
|
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:
- Personal Loan for Wedding and Marriages
- Personal Loan for Education and Higher Studies
- Personal Loan for Travel and Holidays
- Personal Loan for General 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 |
|
|
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.
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 |
Other Products of TATA Capital available in India
