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Tata Capital Personal Loan

Tata Capital Personal Loan: A Review

Tata Capital Personal Loan is available through a hassle-free online process at a reasonable interest rate starting at 10.99% p.a. for loan amounts of up to Rs.35 lakhs and the repayment tenure of the loan is up to 6 years.

Tata Capital offers tailored personal loan offers to fund your miscellaneous financing objectives including pre-approved instant personal loans to selected customers and instant small personal loans to salaried individuals having low or no credit history.

Tata Capital Personal Loan Overview

Minimum Loan Amount


Maximum Loan Amount


Loan Repayment Tenure

Up to 6 years

Interest Rate

10.99% per annum onwards

Processing Fees

Up to 2.75% of the loan amount + Applicable GST

Age Limit

22 to 58 years (Salaried or self-employed)

Work Experience

Must have at least 1 year of experience

Minimum Income

Rs.15000 per month

Key Advantages of Tata Capital Personal Loan

Tata Capital Personal Loan Eligibility Criteria

Applicant’s personal loan eligibility criteria depend on various factors, including a monthly income inflow, age, employment type, CIBIL score, experience, etc.


Salaried or Self-employed professional

Age Limit

22 years to 58 years

Minimum Monthly Income


Minimum Work Experience

At least one year of work experience

Documents Required for Tata Capital Personal Loan

Steps to Apply for Tata Capital Personal Loan (online and offline)

Steps to avail of Tata Capital personal loan offline

 Steps to avail Tata Capital instant personal loan online

Tata Capital Personal Loan: Interest Rate, Processing Fees, and Other Charges

Interest Rate

10.99% per annum onwards

Processing Fees

Charged up to 2.75% of the loan amount + GST

Penal Interest/Additional Interest

3% on the overdue amount monthly + GST

Bounce Charges

Rs.600 + Applicable GST

Mandate Rejection Service Charge

The nominal amount of Rs.450 + GST

CCOD Annual Maintenance Charges

0.25% on Dropline Amount + GST or Rs. 1000, whichever is higher per year

Outstation Collection Charges

Rs.100 + GST per repayment tenure

Statement of Accounts


Loan Cancellation Charges

2% of the loan amount or Rs.5,750 (whichever is higher) and the applicable GST charges.

Instrument Swap Charges

Rs.550 + Applicable GST

Duplicate Repayment Schedule

Rs.550 + Applicable GST

Duplicate NOC

Rs.550 + Applicable GST

Post-Dated Cheque Charges

Rs.850 + GST

Part Payment Charges

No part payment is allowed during the first 12 months (Lock-in period).

2.5% + taxes shall be applicable on amounts over and above 25% of the principal outstanding.

Foreclosure Charges

4.5% of the principal outstanding amount at the time of foreclosure + GST, Foreclosure fees for closing the loan within 12 months will be 6.5% + GST


If foreclosed within 6 months post completing part pre-payment- The foreclosure fee will be 4.5% of the Principal outstanding amount at the time of foreclosure + GST + Part pre-payment amount

Foreclosure Charges for Top-Up

2.50% on the principal outstanding at the time of foreclosure + GST/ Any prepayment made during the Lock-in Period of 12 months will attract foreclosure charges of 4.5% + applicable taxes on the principal outstanding

Foreclosure Charges in CCOD Cases

4.5% on the Dropped down limit amount + applicable GST

Any foreclosure made during the Lock-in Period will attract an additional 2% above the prepayment charges mentioned + applicable taxes on the Dropped down limit

Foreclosure Charges on Term Loan Facility

4.5% on the outstanding amount at the time of foreclosure  + GST, In case the Borrower forecloses the loan within 6 months after doing part prepayment, foreclosure charges of 4.5% + Applicable taxes + part prepayment amount.


Any prepayment made during the Lock-in period will attract an additional 2% and above the prepayment charges already mentioned + applicable taxes.

Foreclosure Letter Charges

Soft Copy – NIL

Branch Visit – Rs.199 + GST

For Example- Preeti avails a personal loan for Rs.15 Lakhs, the interest rate is 11% and the repayment period is 36 months. What are the EMIs, total interest payable, and total amount?

Types of Tata Capital Instant Personal Loan

1. Marriage Loan

Purpose- A Wedding/Marriage loan is offered for financing wedding-related expenses to make this day special for you. A person can avail of loan amounts ranging between Rs.75000 to Rs.35 Lakhs.

2. Medical Loan

Purpose- Prospective applicants can avail of hassle-free medical loans for the meeting of expenses for medical emergencies, cosmetics, dental, and other medical procedures.

3. Education Loan

Purpose- Tata Capital funding education expenses for loan amount Up to Rs.35 Lakhs for tenure ranging between 1 to 6 years to help the students to meet their tuition fees and living cost of the students planning to study more (India or abroad).

Also Read- Bank of Baroda Personal Loan

To avail of an education loan with Tata Capital, you will need to submit your all marksheets and certificates, admission letter, documents for studying (India or abroad, and other identity proofs.

4. Travel Loan

Purpose- A travel loan to fund vacation covers all the expenses related to your travel such as airfares or any kind of transportation, hotel fares, tour packages, travel accessories, or any type of expenses that are related to your travel.

5. Home Renovation Loan

Purpose- This loan facility will help in giving new looks to home borrowers with funds for making extensive interior upgrades or basic maintenance and repair needs.

Pros and Cons of Tata Capital Personal Loan

Following are the pros and cons of availing of a variety of personal loans from Tata Capital including an app review of the users.



Less number of advertisements

Users are disappointed with their services

Easy to use

Slow processing speed

Personal loan for multipurpose


Zero fees/charges on part-prepayment


An overdraft facility is available


Comparison Chart: Tata Capital Personal Loan with Other Lenders

To get the best offers and for better decision making you need to compare Tata Capital personal loan with other lenders.

Lenders Name

Loan Amount

Interest Rates

Loan Tenure

Tata Capital

Rs.75000 to Rs.35 Lakhs

10.99% p.a. onwards

Up to 6 years

Bajaj Finserv

Up to 35 Lakhs

13% p.a. onwards

Up to 7 years


Rs.10,000 to Rs.1 Lakh

15%-25% per annum

3 to 24 months


Rs.5000 to Rs.5 Lakhs

16% to 36% p.a.

3 to 60 months

Axis Bank

Rs.50,000 to 40 Lakhs

10.25% to 21% p.a.

1 to 5 years

Kotak Bank

Rs.50,000 to 25 Lakhs

Starts at 10.99% p.a.

1 to 5 years

Tata Capital App Ratings & Review

The rating given by the customers on the Tata Capital App is average on google playstore, More than 10 Lakh users downloaded their app. But, users are not much satisfied with their customer service.

Google Playstore Rating


App Downloads

10 Lakh+

Number of Users Review 


Content rating


App Size

21 MB

Tata Capital Customer Care Contact Number

Here are the details of Tata’s capital personal loan. To get your concern resolved you can contact them through these modes.

Need a Personal Loan?

Apply Now

Why Choose Saral Credit

Simple Application Process

1. Just fill up a simple form

2. Validate your details

3. Click on Submit button

Experienced Advisors

1. Wide range of options

2. Customised loan solutions

3. Best deal on your loan

Instant Processing

1. Priority processing by lender

2. Timely Feedback on your application

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