Tata Capital Personal Loan Interest Rates

Depending on the borrower’s background, income, previous association with other organizations and purpose of the loan, the TATA Capital Personal Loan Interest Rates are determined. Currently, it varies from 13.50% to 18% on a yearly basis. The loan repayment option includes flexible EMIs, and the rate of interest charged on personal loan by TATA Capital is subject to change depending on the bank’s discretion.

Personal Loan Interest Rates by TATA Capital as per 2017:

Particulars

Salaried

Self-Employed

Rate of Interest

11.99% - 19.00% on a yearly basis

11.99% - 19.00% on a yearly basis

Loan Amount

Max: Rs.15 lakhs

Min: Rs.75000/-

For businessman: 

Max: Rs.15 lakhs

Min: Rs.75000/-

For professionals: 

Max: Rs.20 lakhs

Min: Rs.3 lakhs

Loan Tenure

Maximum: 6 years

Minimum: 1 year

Maximum: 4 years

Minimum: 1 year

EMI (Lowest)

None

For professionals: Rs.8163.49/- (applicable for the maximum tenure of the lowest loan amount)

Processing charge

Minimum processing charge: applied GTS + Rs.999/- (depending on the loan particulars, the charges may further move up)

Minimum processing charge: applied GTS + Rs.999/- (depending on the loan particulars, the charges may further move up)

Age

Minimum: 21 years

Maximum: 58 years

Minimum: 25 years

Maximum: 65 years

Prepayment fees

25% and below of the outstanding principal amount in six months: No charges applied. 

25% and above of outstanding principal amount: 2% of the amount paid.

After six months: no part pre-payment charges applied. 

25% and below of the outstanding principal amount in six months: No charges applied. 

25% and above of outstanding principal amount: 2% of the amount paid.

After six months: no part pre-payment charges applied. 

Foreclosure fees

4.5% on outstanding principal amount + applied GST

4.5% on outstanding principal amount + applied GST

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