Tata Capital Financial Services Limited
Business Loans
Tata Capital Financial Services Limited is a subsidiary of Tata Capital Limited and offers a range of financial products and services, including business loans.
Features of Tata Capital Business Loans
- Loan Amount: Tata Capital offers business loans ranging from INR 5 Lakhs to INR 75 Lakhs.
- Tenure: The repayment tenure for Tata Capital business loans ranges from 12 months to 36 months.
- Interest Rate: The interest rate for Tata Capital business loans starts from 18% onwards.
- Quick Approval: Tata Capital provides quick approval and disbursal of business loans to meet the urgent financial needs of businesses.
- Flexible Repayment Options: Tata Capital offers flexible repayment options to suit the cash flow of your business.
- No Collateral Required: Tata Capital provides unsecured business loans, so no collateral is required to avail the loan.
Eligibility Criteria
- Minimum Annual Turnover: The minimum annual turnover required for Tata Capital business loans is INR 10 Lakhs.
- Business Vintage: The business should have a minimum vintage of 3 years to be eligible for a Tata Capital business loan.
- Credit Score: A good credit score is required to qualify for a Tata Capital business loan.
- Documentation: Proper documentation of financial statements, bank statements, and business documents is required to apply for a Tata Capital business loan.
How to Apply
To apply for a Tata Capital business loan, you can visit their website and fill out an online application form. You will need to provide details about your business, financials, and contact information. Once you submit the form, a representative from Tata Capital will get in touch with you to guide you through the loan process.
Contact Information
If you have any questions or need further assistance, you can contact Tata Capital Financial Services Limited at:
Phone Number: 1800 209 6060
Email: customercare@tatacapital.com
Frequently Asked Questions about Tata Capital Business Loans
1. What types of business loans does Tata Capital offer?
Tata Capital offers a wide range of business loans including term loans, working capital loans, equipment financing, and business expansion loans.
2. What is the eligibility criteria for availing a business loan from Tata Capital?
The eligibility criteria may vary depending on the type of loan and the borrower's profile. Generally, businesses with a minimum annual turnover and satisfactory credit score are eligible for a business loan from Tata Capital.
3. What are the interest rates and fees associated with Tata Capital business loans?
The interest rates and fees vary based on the loan amount, tenure, collateral, and borrower's credit profile. It is recommended to contact Tata Capital directly for specific details.
4. How long does it take to get approval for a business loan from Tata Capital?
The approval process for a business loan from Tata Capital usually takes a few days to a few weeks, depending on the complexity of the loan application and documentation provided by the borrower.
5. Can I prepay or foreclose my business loan from Tata Capital?
Yes, you can prepay or foreclose your business loan from Tata Capital. However, prepayment charges may apply, so it is advisable to check the terms and conditions of the loan agreement.
6. How can I apply for a business loan from Tata Capital?
You can apply for a business loan from Tata Capital online through their website or by visiting their nearest branch office. You will need to submit the required documents and complete the application form to initiate the loan process.
