Tata Capital India - Personal Loans
Overview
Tata Capital is a financial services company in India that offers a wide range of loan products, including personal loans. Tata Capital's personal loans are designed to meet the financial needs of individuals for various purposes such as home renovation, travel, education, wedding, medical emergencies, and more.
Features of Tata Capital Personal Loans
- Loan amount: Tata Capital offers personal loans ranging from Rs. 75,000 to Rs. 25 lakhs, depending on the eligibility of the borrower.
- Tenure: The repayment tenure for Tata Capital personal loans can vary from 12 to 72 months.
- Interest rates: The interest rates on Tata Capital personal loans are competitive and depend on factors such as credit score, loan amount, and repayment tenure.
- Quick approval: Tata Capital offers quick approval on personal loan applications, with the loan amount being disbursed within a few days of approval.
- Flexible repayment options: Borrowers can choose from various repayment options to suit their financial situation and preference.
Eligibility Criteria
To apply for a Tata Capital personal loan, individuals need to meet the following eligibility criteria:
- Age: Applicants must be between 21 and 58 years old.
- Income: Applicants must have a minimum monthly income to be eligible for a personal loan.
- Credit score: A good credit score is preferred for faster approval and better interest rates.
Documents Required
Applicants need to submit the following documents when applying for a Tata Capital personal loan:
- Proof of identity (Aadhar card, passport, driving license, etc.)
- Proof of address (electricity bill, ration card, etc.)
- Income proof (salary slips, bank statements, income tax returns, etc.)
- Passport-size photographs
How to Apply
Individuals can apply for a Tata Capital personal loan online through the company's official website or by visiting a Tata Capital branch.
Contact Information
For more information about Tata Capital personal loans, individuals can contact Tata Capital customer service at 1800 209 6060 or visit the company's website at www.tatacapital.com.
Frequently Asked Questions about Tata Capital Personal Loans
1. What are the eligibility criteria for a Tata Capital personal loan?
To be eligible for a Tata Capital personal loan, you must be a salaried individual aged between 21 and 58 years with a minimum monthly income of Rs. 20,000.
2. How much loan amount can I avail from Tata Capital?
Tata Capital offers personal loans ranging from Rs. 75,000 to Rs. 25 lakhs, depending on your eligibility and credit profile.
3. What is the maximum repayment tenure for Tata Capital personal loans?
You can opt for a repayment tenure of up to 6 years for a Tata Capital personal loan.
4. What documents are required to apply for a Tata Capital personal loan?
The documents required include identity proof, address proof, income proof, and bank statements. Additionally, you may need to submit other documents as per the lender's requirements.
5. Can I prepay my Tata Capital personal loan?
Yes, you can prepay your Tata Capital personal loan after completing a certain number of EMIs as per the loan terms and conditions. There may be prepayment charges applicable.
