TATA Capital Business Loan
Based on 151 Customer Reviews
Published on: 13 Sep 2018
Based on 151 Customer Reviews
Published on: 13 Sep 2018
TATA capital is a subsidiary of TATA sons limited; one of the most diversified and appreciated group of India. It is a Non-Banking Financial Company (NBFC) which offers services in the areas of loans and other financial arenas and caters to their customers across the country through their 100 branches spread nation-wide. Registered as a systematically important Non-deposit accepting NBFC with the Reserve Bank of India, the institution provides various operations across commercial finance, consumer loans and distribution, wealth management along with the marketing of TATA limited cards.
While running a business is a tedious task as there are always ups and downs that a business owner has to face, TATA Capital acts as a special financial institution that can help you when you need help the most. TATA Capital also gives you with an option of choosing what kind of business loan you would need. This helps in rooting the fund in the right direction and boosting your business growth. Be it working capital fund requirements, project funding, short/long term loans for bank overdraft or machinery, TATA capital business loan provides the solution that you are looking for. TATA Capital provides you with a customized loan application process such that its suits any individual’s requirements. Afinoz.com has an exclusive tie-up with TATA Capital. Therefore, applying for TATA Capital business loan through Afinoz.com makes the process of application and approval of business loansfrom TATA Capital much easier and quicker.
TATA Capital offers Business loans in 3 types based on the need to facilitate the cash flow as per the business requirements as follows:
By applying for a business loan with TATA Capital through Afinoz.com, you can facilitate your business needs without having to worry about cash crunch at difficult times.
Afinoz.com is India's foremost online financial marketplace for availing loans and investments. Our main objective is to make the process of getting a loan or making an investment safer, convenient and hassle-free for individuals. We work with public and private banks, NBFCs and mutual fund houses across the entire country and offer an unbiased quotation on financial products. You can contact our team to get more information or apply for a loan or investment by calling on +918795021552 or by emailing at firstname.lastname@example.org. Afinoz.com provides solutions which are quick, reliable, transparent, confidential and above all free.
With TATA Capital business loan you can take advantage of Flexible EMI plans, overdraft facilities, higher loan amount and flexible tenure options. The following are the various features and benefits which a customer can avail when applying for business loans to fulfill their business financial needs:
TATA Capital business loan eligibility and TATA Capital business loan interest rates can be easily evaluated through and seen on Afinoz’s website. If there is any query about TATA Capital business loan application, you can log on to afinoz.com or give us a call at +918795021552 or mail us at email@example.com and get all the solutions at one go.
Eligibility for TATA Capital business loan is decided on the basis of certain parameters. A loan seeker must come under the below-mentioned eligibility criteria to avail business loan from TATA Capital:
For obtaining a business loan from TATA Capital, a borrower has to produce relevant documents according to their business profiles to receive maximum loan amount. The documents required for availing business loan are basic and include:
Tata Capital Business Loan Interest Rates
18% ( Up to 50 lakhs )
24% ( Above 50 lakhs )
1 YEAR TO 3 YEARS
1 to 1.5% of the total loan amount + Service Tax
Subject to a minimum amount of Rs. 1,000
No prepayment permitted until the repayment of minimum 6 months EMI
4.5% of the Principal Outstanding + Service Tax
No Dues Certificate/ No Objection Certificate(NOC)
2 % of business loan amount or Rs. 5,750 whichever is higher
Special Note: Rates are subject to periodic change. Business loan interest rates in TATA Capital and other fees and charges are subject to regular review and can vary from customer to customer depending upon a number of factors ranging from credit score, to existing loans, amount of savings, company with which you are currently employed, number of years of relationship with TATA Capital, etc.
Afinoz.com is India's leading personalized financial marketplace. We have created a business loan platform which lets you choose the best business loan that meets your requirements from the multiple options that are available to you:
TATA Capital has an exclusive tie-up with afinoz.com. If you are looking for a business loan then you can simply log on to Afinoz.com to check your business loan eligibility and apply for a loan.
Business owners can apply for a loan in TATA Capital through Afinoz.com in the following three simple steps:
At each step of the application process, Afinoz.com allows it's applicant to keep track of the status of their application in real-time via SMS as well as through emails. Due to such simplified and fast processing, Afinoz.com has become a popular option among a larger number of business owners.
Query - Can I repay my TATA Capital business loan early?
Reply - Yes, you can pre-pay your business loan after a period of 6 months or repayment of 6 EMIs whichever is earlier or as per the terms and conditions stated by TATA Capital. In case you want to prepay your loan before 6 months, a small prepayment fee will be charged by the company.
Query - Can I check my TATA capital Business Loan status?
Reply - If you have applied for your TATA capital business Loan through Afinoz.com, then all you need to do is to fill the TATA capital business loan application details on our website and get your loan status at real-time via SMS and emails or you can log into your account on ourwebsite with your Afinoz loan application ID and check your loan status.
Query - How much time will it take to get the loan disbursed?
Reply - Once you fill in and submit the application form online on Afinoz.com, the bank will take 2-3 business days to process and disburse the business loan amount. The sole approval of the loan depends exclusively on the bank.
Query - How can I find out if I am eligible for the TATA Capital business loan?
Reply- Afinoz.com provides you with an eligibility calculator called business loan eligibility calculator which you can use to determine your eligibility for the loan. It will also tell you the amount that you are eligible to obtain from the bank.
Query- What is the maximum amount of business loan that I can avail?
Reply- TATA Capital provides a minimum amount of Rs. 3 lakhs up to the maximum amount of Rs. 50 lakhs as per your needs and your eligibility.
Query-Do I need to provide any security for availing business loan from TATA Capital?
Reply- TATA Capital does not ask for any kind of security/collateral while applying for a business loan
Query-What is the maximum and minimum loan tenure for a business loan from TATA Capital?
Reply- You can avail a business loan from TATA Capital for a period of 1 to 3 years.
Query- Will my information be safe online?
Reply- Afinoz.com is one of India’s most committed financial platforms which do not share any of its client data with third-parties other than the concerned financial institution/s. All the data is sent online in an encrypted format making it safe and secure at all times.
Query- How do I repay my TATA Capital business loan?
Reply- You can repay your loan in EMI’s (Equated Monthly Installments) in the form of post-dated cheques or Electronic Clearance Service (ECS) or Direct Debit.
Query- How can I track my loan application process?
Reply- You can log onto our website www.afinoz.com with the unique transaction ID provided to you at the time of signup and track your application. You can also track your application process through your registered mobile number and email-Id in real-time.
Query- What is the basis on which the loan limit is decided by TATA Capital?
Reply- Loan amount is mainly decided based on your annual income/earnings and your credit history.
Query-What are the interest rates offered by TATA Capital for a business loan?
Reply- TATA Capital business loan interest rate currently ranges from 18% to 24%
For any query about TATA Capital business loan application, you can log on to afinoz.com or give us a call at +918795021552 or mail us at firstname.lastname@example.org.