Type of charge Applicable fee
Rate of interest 11% to 22% per annum
Processing fee Up to 2.99% of the loan amount
Documentation charges Up to Rs. 2,360 (including taxes)
Prepayment charges

 Foreclosure - Up to 4.72%

Part-prepayment - Up to 4.72%
Annual maintenance charges

This is an annual charge for maintaining your account if you have opted for a flexible funding option such as a Hybrid Term Loan.

At Tata Capital, you are charged:

AMC shall be computed on the opening balance in the month in which the charge is to be levied:

First Year of the loan: 1% of Dropline Amount or INR 1,000, whichever is higher

Second Year of the loan: 0.75% of Dropline Amount or INR 1,000, whichever is higher

Subsequent Years: 0.5% of Dropline Amount or INR 1,000, whichever is higher

Timelines for payment:

For Loans booked prior to or on the 15th of the month, AMC shall be charged in the 13th month, 25th month, 37th month, 49th month, and every 12 months thereafter during the tenure.

For Loans booked after the 15th of the month, AMC shall be charged in the 12th month, 24th month, 36th month, 48th month, and every 12 months thereafter during the tenure.

Such AMC shall be collected along with the EPI of the respective month, except for the final EMI month, wherein no AMC shall be levied.
Bounce charges Rs. 1,500 per bounce
Stamp duty As per actuals
Switch fees Up to 1.18% of the loan amount