Description

About the NBFC

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 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 company provides various operations across commercial finance, consumer loans and distribution, wealth management along with the marketing of TATA limited cards.

TATA CapitalPersonal Loans

TATA capital offers personal finance options to a broad spectrum of individuals belonging to the various financial backgrounds. Tata capital provides quick and easy Personal Loan to take care of every monetary requirement like marriage in the family, child’s education, full family vacation, home renovation, medical emergency or repayments of an old debt. You can get a personal loan amount of up to Rs. 20 lakhs for a maximum period of 6 years with flexible EMI option from Tata capital so that you need not have to worry for money every single time you are planning something. TATA capital banking believes in making their customer’s dream come true with their multiple payment methods such as flexible EMI, step up, step down, and bullet repayment. The customer can choose the option that best suits them.

What is Afinoz?

Afinoz.com is India's topmost one-stop 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, NBFC's and mutual fund houses across the entire country and offer an unbiased quotation on financial requirements. You can contact our team to get information or apply for a loan or investment by calling on +918795021552 or by emailing at info@afinoz.com. Afinoz.com provides solutions which are quick, reliable, transparent and confidential without charging any fees to avail any of their services.

Features and Benefits

Features and Benefits of TATA Capital Personal Loan

Tata Capital has attractive features and benefits from easy loan approval to higher loan amount with flexible loan tenure. Tata Capital offers its customers maximum quantum of loan depending upon their requirement, their repayment history and credit score. Here are some features and benefits of Tata Capital personal loan:

  • Multipurpose loan (no boundaries on the end use of the loan amount)
  • If you are eligible, you can avail personal loan from TATA Capital without putting up any assets as collateral or security
  • Attractive and competitive fixed rate of interests
  • Flexible loan tenure of upto 6 years based on the profile of the customer
  • Quick processing and disbursal
  • Loan repayment in easy installments
  • Repayment through ECS(Electronic Clearing Service)/auto debit/PDC(Post Dated cheques)
  • Minimal documentation
  • No requirement of a guarantor
  • No repayment charges
  • No hidden charges

TATA Capital personal loan eligibility or TATA Capital personal loan interest rates can be easily assessed through Afinoz. If there is any query about TATA Capital personal loan application, you should log on to afinoz.com or call us on +918795021552 or mail us at info@afinoz.com and get all the details quickly

We also offer other financial products such as TATA Capital Business LoanBusiness Loan, Home loan, Personal Loan By SBI, Car loan, Education loan, PNB Business Loan etc. from the top banks and NBFCs at the lowest possible interest rate with no hassle. Our aim is to make financial products reasonable and easily accessib to everyone. We promise to provide quick, reliable, transparent and confidential solutions without any charge. We provide Best Personal Loan In India.

Eligibility & Document Required

TATA Capital Personal Loan Eligibility Criteria:

Eligibility for TATA Capital personal loan is decided on the basis of certain parameters. A loan seeker must come under the below-mentioned eligibility criteria to avail personal loan from TATA Capital:

  • Salaried individuals: To avail TATA Capital personal loan, the borrower should be a salaried employee of an MNC, public limited company, co/large PVT. LTD. firm, state/central government or PSU
  • Income: Minimum income required to avail TATA Capital personal loan is Rs. 20,000 per month
  • Age limit: TATA Capital provides personal loans to salaried individual who is at least 21 years old at the time of loan approval and maximum 58 years at the time of loan maturity. Self-employed individuals who are minimum 25 years to a maximum of 65 years old can avail the loan
  • Service: Salaried individuals should have an overall employment stability of minimum 2 years whereas self-employed individuals should have been in the same business/city for a minimum of 3 years
  • Loan amount: Individual can avail a minimum of Rs. 75,000 to a maximum of Rs. 15 lakhs of loan amount
  • Tenure: TATA capital personal loan tenure ranges up to 6 years
  • Eligibility and EMI calculator: Now, you can easily evaluate and calculate your TATA Capital personal loan eligibility and TATA Capital personal loan EMI amount using utility tools like personal loan eligibility calculator and personal loan EMI calculator at afinoz.com. These calculators will help you to determine your EMI outflow every month including the interest rate you will need to pay. Using the calculator at Afinoz.com is free, easy and simple.
  • CIBIL score: Credit score is an important factor for approval of your loan. Usually, an applicant’s credit worthiness is determined by evaluating his credit score i.e. CIBIL / EXPERIAN score. Loan applications of applicants having poor credit score may get rejected. It’s always advisable to keep on updating your credit score every now and then. If you have a bad credit score and somehow your loan application gets approved, you might be asked to pay a high rate of interest and be offered unfavorable terms and conditions on your loan as compared to someone who has an excellent credit score.
TATA Capital Personal Loan Documents Required

For obtaining the maximum amount of personal loan from TATA Capital, a borrower should produce the following documents according to their business profiles as follows:

  • Filled loan application form
  • Passport size photographs
  • Income tax pan copy
  • ID proof : - driving license/pan card/passport/voter’s ID
  • Residential proof: - registered rent agreement/passport/leave & license/utility bill (up to 3 months old)
  • Income documents: - 2 years form 16, 3 month’s pay slip, 3 months bank statement showing salary credit & EMI debit (if any)

Apply for TATA Capital personal loan online at Afinoz.com. You can call us at +918795021552 or email us at info@afinoz.com.You can check your eligibility and tentative EMI for TATA Capital personal loan using our utility tools like personal loan eligibility calculator and personal loan EMI calculator. We assure you of our best services without any hassle and effort at the click of a button from the comfort of your home or office. Once you complete and submit your TATA Capital loan application throughAfinoz.com, you can effortlessly track your loan application status on our website on a real time basis, 24x7.

Interest Rate & Charges

Tata Capital Personal loan Interest Rates, Jan 2018
Tata Capital Personal Loan 
Current Effective - Interest Rates
11.49% - 19%
Tata Capital Personal Loan 
Tenure
12 to 72 months
Tata Capital Personal Loan 
Pre-closure Charges
Upto 4% of the outstanding loan amount
Tata Capital Personal Loan 
Repayment Charges
No charges, allowable after minimum of 6 EMIs
Tata Capital Personal Loan 
Processing Fee
Upto 2% of the total loan amount 
(Can go up depending on the loan particulars)
Tata Capital Personal Loan 
Minimum Income
Rs. 20,000 per month
Tata Capital Personal Loan 
Loan Amount
Minimum- Rs. 75,000 
Maximum- Rs. 20 Lakhs

Special Note: Rates are subject to periodic change. Personal 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.

Why Afinoz?

Why should you apply for TATA Capital Personal Loan throughAfinoz.com?

Afinoz.com is one of India's leading personalized financial marketplace. It has created a personal loan platform which lets you choose the best personal loan from the multiple options available to you. All the options are system generated taking into consideration your specific needs and requirements.

  • Instant Approval – Once you fill in and submit the application form along with the mentioned documents, you will get your e-approval within 2 to 3 days.
  • Real-time application tracking – Keep track of the application status in real-time with a unique transaction id which is generated at the time of loan application submission. We ensure that all the applicants are kept informed about their application process at each step via SMS and emails.
  • Online eligibility check - Do all your dealings with the NBFC online. Provide your basic information and our online personal loan eligibility calculator will let you know the amount of loan you are eligible to borrow from TATA Capital for your personal financing.
  • Secure Environment - Afinoz.com has a built-in security for your personal information which is stored in a secure environment in our system with your consent. This information is then sent to the NBFC in an encrypted format digitally and is very secure.
  • 24/7 Customer Service - At any stage of the process if you have any query or seek any financial advice, our experienced and well-trained customer service team will offer the best financing/investment solutions to your problems. So there's no need for you to waste time and make multiple trips to the bank to discuss loan specifications with bankers.
  • No third-party agent Afinoz.com online loan application process is absolutely free. Through Afinoz one can directly approach multiple banks online without involving any agent and therefore avoiding unnecessary delays and hassles.
  • Free quotations – Get online deals on TATA Capital personal loans and free unbiased quotes of the best personal loan rates. All you have to do is select the loan amount you want to borrow and the tenure of the personal loan. You will get a targeted online quote within minutes of application.

FAQs

Query-What is a Personal Loan ?

Reply-A personal loan is an unsecured loan which means you don't have to put up any collateral or guarantor, as with a car loan or a home loan, where the underlying asset is mortgaged with the lender. There are various other advantages as well, such as minimum documentation, fast processing etc. in addition, you can use this loan for any other purpose you like.

Query-Are there any additional charges?

Reply- A small processing fee is payable upfront. This fee will be deducted from the disbursed loan amount payable to you.

Query-How much time will it take for my loan to be approved?

Reply- If you are eligible, loans are approved within 72 hours of submission of complete documentation.

Query-Can I prepay my personal loan from TATA Capital?

Reply- Yes, you can prepay the complete outstanding loan amount any time after 12 months of availing the loan. Tata Capital also offers part pre-payment facility. Part pre-payment is permissible, only after 180 days but less than 360 days of the loan disbursal without attracting any charges. Maximum of 25% part pre-payment is allowable within a yearly cycle and with a gap of more than 6 months between two part payments.

Query-Does TATA Capital offer a top-up on an existing personal loan?

Reply- Tata Capital offers top-up facility on personal loans depending on the original loan tenure after the payment of 8 to 18 EMIs.

Query-How much interest is charged by Tata Capital on personal loan?

Reply- TATA Capital personal loan interest rate ranges from 11.49% to 19.00%

Query-What is the minimum and maximum tenure of Tata Capital personal loan?

Reply- You can repay your personal loan from Tata Capital in a period of minimum 12 months to a maximum of 72 months.

Query-How much personal loan amount can be borrowed from Tata Capital?

Reply- Personal loan amount offered by TATA capital ranges from a minimum amount of Rs. 75,000 to a maximum amount of Rs. 25, 00,000.

Query-How much processing fee is charged by Tata Capital on personal loan?

Reply- Tata Capital charges a processing fee up to 2% of the total loan amount with applicable service tax on personal loan.

Query-Where can I get the Tata Capital Personal Loan Application form?

Reply: You can get TATA Capital Personal loan application form directly on our website, Afinoz.com. Loan application can be easily submitted through the same website. You can also apply by calling us at +91-8795021552 or emailing us at info@afinoz.com

Query-Can I avail a personal loan for the purpose of business?

Reply: Yes, a personal loan from Tata Capital can be availed for business purposes too.

Query-Can I add my spouse's income while applying for personal loan from TATA capital?

Reply: You can combine your income with your spouse to increase your loan eligibility and to get higher loan amount.

Query-Can I check my TATA capital Personal Loan status?

Reply: If you have applied for your TATA capital Personal Loan through Afinoz.com, then all you need to do is to fill the TATA capital personal loan application details on our website and get your loan status at real-time.

Query-What factors are taken into consideration by the NBFC when checking my eligibility for TATA capital personal loan?

Reply: When your TATA capital loan application is submitted along with the necessary documents, the NBFC will run a verification check to determine your eligibility for the loan. Your job status, job security, monthly income, outstanding debt, credit score, ability to repay the loan are some other factors which will be taken into consideration to ensure that you’re a risk-free customer.

Query-Can I avail a personal loan despite having a poor credit score?

Reply: Before bank sanctions any loan to you, it requires you to have a good credit score. Credit score plays an important role in the approval of TATA Capital personal loan since it is an unsecured loan. It is mandatory to take steps to improve your credit score to increase your chances of being approved.

For any query about TATA Capital personal loan application, you can log on to afinoz.com or give us a call at +918795021552 or mail us at info@afinoz.com.

Reviews

Thanks to Team Afinoz For Supporting me to avail loan in my hard times. I was looking for Personal Loan but got rejected my loan application from nearest Branch then i applied at Afinoz and got Loan from Afinoz Tata capital Personal Loan Services.
Rated- 4/ 5 Review By -
I'm from Noida and in March I was looking for Personal Loan and I have little credit issue so I was facing problem to avail Loan and then I applied for Personal Loan from Afinoz and got disbursed. Thank to team Afinoz.
Rated- 4.5/ 5 Review By -