Loan Details

Interest Rate

Starting from 10.99% p.a.

Processing Fee

Upto 2.75% of the loan amount + GST

Prepayment

Charges

After the first six EMIs, you can opt for prepayment

Tenure

Upto 6 years

  • Eligibility Factors
  • Documents Required
  • Loan Verification Process
  • Rate of Interest
Tata Capital Personal Loan
 
  • Age: 22-58 Years

 

  • Credit score: 750 & above

 

  • Employment Type: Salaried or Self-employed

 

  • Minimum income per month: Rs. 15,000

 

  • Work experience: At least a year

 

  • Any government-recognised Photo Identity Proof.
  • Proof of income, i.e., copy of salary account statements for the last 6 months.
  • Residence proof – Electricity Bill, Ration Card, Passport, Telephone Bill, etc.
  • Salary slips for the last 3 months.
  • Experience certificate for last 1 year of continuous working.


Once you submit the personal loan application form, the process of verification will include the following steps:



  • After the successful submission of the application, Tata Capital’s representatives will schedule the pickup of your documents related to address proof, Know-Your-Customer (KYC), proof of identity, work experience, and others.
  • Afterwards, the verification process will start.
  • Upon successful authentication, the borrower will get another call to give consent for the amount disbursal.
  • If everything goes smoothly, the loan will be disbursed within 48 hours.


  • Home Renovation Loan: 10.99% p.a. onwards
  • Wedding Loan: 10.99% p.a. onwards
  • Medical Loan: 10.99% p.a. onwards
  • Travel Loan: 10.99% p.a. onwards
  • Overdraft Loan: 13.50% p.a. onwards