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Personal Loans at Tata Capital are unique and flexible. We offer quick and easy finance at competitive interest rates. Our Personal Loan is built around your needs. Who says you can’t have it easy? With us, all it takes is a click.
Apply NowPERSONAL LOAN INTEREST RATES STARTING AT 10.99%
Need instant cash for those unexpected needs? Tata Capital offers Personal Loan Overdraft facility with the flexibility to withdraw funds as per your need and pay interest only on the utilized amount.
Apply NowPERSONAL LOAN INTEREST RATES STARTING AT 13.50%
A marriage today comes with its fair share of frills, thrills and not to mention - Bills. A Personal Loan for Wedding enables you to pay for anything related to your special day. We help you find a loan that fits your budget in a timely manner and make your fairy-tale wedding come to life.
Apply NowWEDDING LOAN FUNDING UP TO RS. 35 LAKHS
In times of emergency, getting funds should be a hassle free experience. Tata Capital,s Medical Loan provides flexible repayment options for all cosmetic, medical and dental procedures. With us, you can rest easy knowing your medical expenses are covered.
Apply NowLOANS FOR MEDICAL NEEDS ON AN EMERGENCY BASIS
Tata Capital offers Education Loans to help students pay their tuition fees and living cost when they are looking to take the next steps in their education, both in India and abroad.
Apply NowAVAIL TAX BENEFITS ON EDUCATION LOANS FOR HIGHER STUDIES
Want to fund your vacation but falling short on funds? An EMI based Travel loan can be an ideal way to pay for a holiday that you can’t quite cover in one go. Head off on your next adventure. Our Travel Loan is simple, easy and fast!
Apply NowThinking of revamping your home? We help you do just that with our Personal Loan for Home Renovation. Whether you want to remodel your kitchen or turn your children’s bedroom into a magical fairy land, our Home Renovation Loan facility will help in giving your home a new look.
Apply NowHOME RENOVATIONS LOANS FOR YOUR HOUSING NEEDS
If you’re a first-time home buyer, looking to expand your existing home, or just thinking to live rent-free for all your life, Tata Capital's Home Loan is the ideal solution to all your home loan requirements. Our Home Loans are quick and easy and are available at an attractive interest rate.
Apply NowHOME LOANS WITH INSTANT APPROVALS STARTING AT 8.95%
As the years go by and your family continues to grow, does your house feel smaller? Tata Capital’s Home Extension Loan is a perfect solution to help you give your family that additional space they deserve.
Apply NowCUSTOMISED SOLUTIONS FOR HOME EXTENSION NEEDS WITH TENURE UP TO 30 YEARS
Every person deserves a home to call their own. With this vision and under the Pradhan Mantri Awas Yojana Scheme, Tata Capital Housing Finance offers affordable home loans at competitive interest rates.
Apply NowUNDER THE PRADHAN MANTRI AWAS YOJNA SCHEME, AVAIL INTEREST RATE SUBVENTION STARTING AT 4%
The PMAY is a Government backed Credit Linked Subsidy Scheme (CLSS) wherein the mission is to provide affordable housing for all by the year 2022. The PMAY scheme offers its beneficiaries with subsidy, where the Pradhan Mantri Awas Yojana interest rate is charged at a subsidised or reduced rate than regular housing loans. This is done to make it possible for everyone to afford a home.
Whether you want to revamp your business, launch a new store, buy new machinery, increase working capital or outperform your competitors. Tata Capital Unsecured Business Loans offer you customised loans to suit your business plan.
Apply NowONE STOP SHOP FOR BUSINESS FINANCING UP TO RS. 50 CRORES
LOAN AGAINST PROPERTY UP TO RS. 3 CRORES WITH FLEXIBLE LOAN TENURES
Opting for a Used Car Loan is a smart, value-for-money purchase. Tata Capital offers Used Car Loans upto Rs. 50 lakhs for a wide collection of cars ranging from hatchbacks & SUVs to premium sedans. Your favourite car is just a click away.
Apply NowNothing matches the thrill of owning your brand new bike. Tata Capital offers Two Wheeler Loans for you to own the bike of your choice. We offer up to 100% funding on your new motorcycle or scooter.
Apply NowWith Loan Against Securities (LAS) from Tata Capital, you can unlock the potential of your investments. All you have to do is pledge your equity shares, mutual funds, bonds or securities and get access to instant liquidity. We offer LAS with zero foreclosure and prepayment charges.
Apply NowUNLOCK THE POWER OF YOUR INVESTMENTS WITH LOAN AGAINST SECURITIES UP TO RS. 20 CRORES
With Loan Against Securities (LAS) from Tata Capital, you can unlock the potential of your investments. All you have to do is pledge your equity shares, mutual funds, bonds or securities and get access to instant liquidity. We offer LAS with zero foreclosure and prepayment charges.
Apply NowUNLOCK THE POWER OF YOUR INVESTMENTS WITH LOAN AGAINST SECURITIES UP TO RS. 20 CRORES
Used Car Loan
APPLY NOWMutual Fund
As one of the leading Indian Investment Managers, Tata Asset Management Limited understands that managing wealth is as important as the creation of it. View their range of investment solutions for financial planning & wealth creation.
Know MoreA better and more comfortable lifestyle is now within your reach. Tata Capital’s Consumer Durable loan covers 100 + lifestyle products from that giant TV to the home theatre system. We offer 0% interest on most of the consumer durable products and are the one-stop solution for your every needs.
Insurance
At Tata Capital, we understand your insurance needs and offer Insurance policies that provide protection against any unforeseen risks. Tata Capital has solutions to cater to your various needs - you can avail any of the Online Insurance policies with just a few clicks!
Know MoreTata Capital provides easy Microfinance Loans available at attractive interest rates. Avail a loan up to Rs. 2 lakhs through a simple process with minimal documentation. Get flexible tenures up to 36 months and repay your Microfinance loan EMI as per your convenience.
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Apply NowPersonal Loan
PERSONAL LOAN INTEREST RATES STARTING AT 10.99%
Overdraft Loan
PERSONAL LOAN INTEREST RATES STARTING AT 13.50%
Marriage Loan
WEDDING LOAN FUNDING UP TO RS. 35 LAKHS
Medical Loan
LOANS FOR MEDICAL NEEDS ON AN EMERGENCY BASIS
Education Loan
AVAIL TAX BENEFITS ON EDUCATION LOANS FOR HIGHER STUDIES
Travel Loan
Home Renovation Loan
HOME RENOVATIONS LOANS FOR YOUR HOUSING NEEDS
Home Loan
HOME LOANS WITH INSTANT APPROVALS STARTING AT 8.95%
Home Extension Loan
CUSTOMISED SOLUTIONS FOR HOME EXTENSION NEEDS WITH TENURE UP TO 30 YEARS
Affordable Housing Loan
UNDER THE PRADHAN MANTRI AWAS YOJNA SCHEME, AVAIL INTEREST RATE SUBVENTION STARTING AT 4%
Loan Against Property
Loan Against Securities
Personal Loan
PERSONAL LOAN INTEREST RATES STARTING AT 10.99%
Overdraft Loan
PERSONAL LOAN INTEREST RATES STARTING AT 13.50%
Marriage Loan
WEDDING LOAN FUNDING UP TO RS. 35 LAKHS
Medical Loan
LOANS FOR MEDICAL NEEDS ON AN EMERGENCY BASIS
Education Loan
AVAIL TAX BENEFITS ON EDUCATION LOANS FOR HIGHER STUDIES
Travel Loan
Home Renovation Loan
HOME RENOVATIONS LOANS FOR YOUR HOUSING NEEDS
Home Loan
HOME LOANS WITH INSTANT APPROVALS STARTING AT 8.95%
Home Extension Loan
CUSTOMISED SOLUTIONS FOR HOME EXTENSION NEEDS WITH TENURE UP TO 30 YEARS
Affordable Housing Loan
UNDER THE PRADHAN MANTRI AWAS YOJNA SCHEME, AVAIL INTEREST RATE SUBVENTION STARTING AT 4%
Business Loan
ONE STOP SHOP FOR BUSINESS FINANCING UP TO RS. 50 CRORES
Loan Against Property
LOAN AGAINST PROPERTY UP TO RS. 3 CRORES WITH FLEXIBLE LOAN TENURES
Loan Against Securities
UNLOCK THE POWER OF YOUR INVESTMENTS WITH LOAN AGAINST SECURITIES UP TO RS. 20 CRORES
LOAN AGAINST SECURITIES
UNLOCK THE POWER OF YOUR INVESTMENTS WITH LOAN AGAINST SECURITIES UP TO RS. 20 CRORES
Used Car Loan
Two Wheeler Loan
Mutual Fund
Mutual Fund
As one of the leading Indian Investment Managers, Tata Asset Management Limited understands that managing wealth is as important as the creation of it. View their range of investment solutions for financial planning & wealth creation.
Know More
Consumer Durable Loan
AVAIL 0% INTEREST RATE AND ON-SPOT APPROVALS WITH YOUR NEXT ELECTRONIC PURCHASE
Insurance
Insurance
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Our business loan interest rates start at 19% are competitive amongst the other players in the industry. However, depending on loan eligibility, income, your business and other criteria, we determine the best interest rates for your business loan requirement.
When you apply for a Business Loan with Tata Capital, you do not have to worry about any hidden charges. Whether it is related to processing fees, foreclosure charges, or delayed EMI Payments, all information is transparently-provided for smooth processing of your Business.
Business loan interest rates are the proportion of the loan amount a financial institution charges as interest to the borrower. The rate is usually expressed as an annual percentage. For business loans, the interest rate is applicable on the principal amount.
Here are the Tata Capital business loan rates in 2021
Loan Type | Interest Rate |
---|---|
Business Loan | 19% |
The loan you avail of comes at a cost, which is essentially the business loan rate amount charged by the lender on the principal sum for a fixed tenure. Here, the interest rate is expressed in a percentage of the principal.
The nominal business loan interest is calculated by multiplying the outstanding loan amount per day by the loan’s interest rate that is assigned by the lender, considering various factors that impact the rate.
However, this business loan rate doesn’t cover the penalty, pre-closure fee, processing fee, and other applicable charges that your lender may levy on the loan separately.
You can also use the following formula to calculate your EMI liability for your Business loan-
EMI = [P x r x (1+r)^n]/[(1+r)^n-1]
Here, P is Principal, r is the rate of interest, and n is the number of instalments or loan tenure in months.
Customer Profile | ROI % | Processing Fees % |
---|---|---|
Self Employed Non-Professional | 16.50% Onwards | 2.00% Onwards |
Self Employed Doctor & Professional | 13.50% Onwards | 1.50% Onwards |
*Final ROI and Processing Fees may vary based on assessment program and Loan amount
There are two types of business loan interest rates:
1. Fixed business loan rates: The interest rates remain constant throughout the tenure and you will always have to pay a fixed EMI. So, once you avail of a business loan at a fixed rate, you can evaluate your EMI value in advance
2. Floating interest rates: Here, the rate's value changes according to the Repo-linked Lending Rate (RLLR) decided by the Reserve Bank of India (RBI). If you opt for a loan with a floating interest rate, your overall EMI burden and tenure can change.
CIBIL Score
CIBIL score is a critical factor in getting loans at a competitive rate of business loan rates. A healthy CIBIL score depicts strong repayment capability and creditworthiness, and the lender considers you as a low-risk borrower.
Company Tenure
Whether you are a small or a mid-sized organisation, you must have an excellent track record of being in business and handling credit and timely repaying it for years. With such business experience, you will easily qualify for lucrative MSME loan interest rates to further expand your venture.
Annual Turnover
Your annual business turnover significantly affects your rate of business loan interest. The higher your business turnover is, the lower the business loan interest rates will be, therefore lowering your EMI amount.
Revenue and Profit
Before deciding your rate of business loan interest, the lender always checks your business’s monthly, quarterly and annual revenue. Decent or profitable trends and healthy business financials assure lenders that you are less likely to default on your EMIs, which means you get charged lower business loan rates.
This term indicated the age of your business. If your business has been up and running for many years, you will have a high business vintage and can enjoy lower rates of interest.
If you provide strong security or collateral, then the lender's risk is reduced and you will get lower interest rates.
The processing fee is the amount charged on your business loan application as a one-time charge for the entire loan process. The processing fees usually comprise the charges required to review your CIBIL score, check for business loan approval, and other administrative costs. It is an upfront cost that you pay for the paperwork involved in the process. This fee is non-refundable and it is a one-time cost.
Business Loan charges include costs for cheque bounce, mandate rejection service, CCOD annual maintenance, document processing, outstation collection, foreclosure, and more.
3% on Overdue Amount per month + GST
₹ 2000 for every Cheque/ Payment Instrument Dishonour + GST
₹ 450 + GST
Charges will be applicable on your Business Loan EMI Due date in case the account does not have an Active mandate after the exhaustion of the given post-dated cheques. This charge would be applied every month until there is an Active Mandate linked to the account
First Year: 0.75% or 1000 whichever is higher per year will be deducted from the limit and shall be payable at the end of the 13th month
Subsequent Years: 0.50% or 1000 whichever is higher
per year will be deducted from the limit and shall be payable at the end of the 13th month
₹ 1,999 + GST
₹ 100 + GST per repayment instrument
Soft Copy – Nil
Branch walk in - ₹ 250 + GST
4.5% on the future principal outstanding on existing loan+ Applicable taxes
No Foreclosure is allowed in first 9 months. 6.5% charges if foreclosed within 9 months
2.25% on the future principal outstanding on existing loan + GST
Foreclosure charges shall be levied only if new rate is lower than existing rate
4.5% on the Dropped down limit amount + Applicable taxes
No Foreclosure is allowed in first 9 months. 6.5% charges if foreclosed within 9 months
2% of loan amount or ₹ 5750 whichever is higher + GST
₹ 550 + GST
Soft copy - Nil
Branch walk in - ₹ 550 + GST
₹ 550 + GST
Soft copy – Nil
Branch walk in - ₹ 199 + GST
₹ 850 + GST
At Tata Capital, our multi-purpose financing solutions available at competitive rates of business loan interest ensure that no opportunity is out of bounds for your business. Avail of flexible loans tailored to complement your business requirements. We don’t ask you to put your business assets on the line to secure funds and offer collateral-free business financing.
Besides attractive MSME loan interest rates starting at just 19%, we offer structured EMI plans to make your repayment experience convenient. Enjoy extended loan tenures between 12 and 36 months and decide your monthly instalment considering your business cash flow.
With us, you can forget out hassles of standing in long queues and carrying hefty paperwork because we only ask for basic documents and extend seamless loan processing.
Your EMI depends on the loan amount. Please use our Business Loan EMI Calculator to know exactly how much you need to pay.
You can take up to ₹ 75 lakhs and more depending on your credit score.
You can take up to 36 months to repay your business loan.
The interest rate for Business Loan is fixed.
Step Up Flexi EMI Plan
This repayment option allows you to pay lower EMIs in the beginning and as your income grows you pay higher EMIs.
1. Provides higher Business Loan eligibility
2. Pay more when you can afford
3. Helps to manage income flow efficiently.
Are you an ambitious female entrepreneur with your sights set on financial independence? Spur business growth with Tata Capital’s Business Loans for Women. Designed exclusively for you, our loans are unsecured and available at competitive interest rates.
Know More