Why should I apply for a Tata Capital Business Loan?

You canapply for a business loan with Tata Capital to meet all the financial requirements of your business. At Tata Capital, we provide aninstant business loanso that you don’t have to wait to expand your business. Here’s why ourbusiness loan can be the best option for you: Our business loan interest ratesare highly competitive, starting from just 12% per annum*You can choose yourbusiness loanamount between Rs 0.40 lacandRs 75 lakhWe don’t ask for collateral or security for providingbusiness financeYou have the flexibility to choose from several EMI plansIf you’re an existing customer, you can get pre-approved offers on our business loanThere are no strict eligibility criteria that you need to fulfillYou can apply for anonline business loan and get instant approval

What are the documents required for a Business Loan?

At Tata Capital, we providebusiness loans with easy eligibility and minimal documentation.Here are thebusiness loan documentsthat you will need to submit to avail of abusiness loanfrom us: KYC documents, including a photo ID and address proofBusiness proof, such as business registration certificate, trade license, GST registration certificate, or a certified copy of the partnership deed agreement or sole proprietorship declarationIncome proof, such as the last two years' income tax returns (ITRs) and computation of income, last two years' audited financial with tax audit report, last two years'profit-loss statements, or balance sheet (duly audited by a chartered accountant)Current account bank statements and GST returns for the last six months You may also require some additional documents at the time of loan processing. Visit the documents requiredpage for more details.

Who can get a Business Loan?

We offerbusiness loans for self-employed professionals (doctors, CAs, etc.) as well as non-professionals.Here is a list of customers that can apply for a business loanfrom us: Self-employed individualsProprietorship firmsPartnership firmsLimited liability partnership firmsPrivate limited companiesClosely held public limited companiesHindu undivided families (HUFs)Trusts and societies

Am I eligible for a Business Loan?

Business loan eligibility criteria can vary from one lending institution to another. To become eligible for a Tata Capital Business Loan, youneed to fulfill the following requirements: Your age should be at least 21 years at the time of applying for thebusiness loanand not more than 65 years at the time of the last EMIYour credit score should be at least 650 or moreBusiness should be profitableMinimum 2 years business stabilityBanking balance should be at least Rs. 5000 For more details on ourbusiness loan eligibility criteria, visit ourBusiness Loan Overview page.

What are the Flexi EMI Plans available to me?

At Tata Capital, we offer two types of Flexi EMI plans forbusiness loanrepayment: Step Up Flexi EMI Plan:This repayment option allows you to pay lower EMIs in the beginning and then increase them gradually as your income grows. This plan helps in managing your loan repayment as per your income flow.Step Down Flexi EMI Plan:This repayment option allows you to pay higher EMIs in the beginning and then reduce them gradually. This plan helps in reducing your interest outgo significantly.

How to apply for a Business Loan?

You can apply for aninstant business loanwith Tata Capital and get on-the-spot approval forbusiness funding. Toapply for a business loan with us, you can take any of the following routes: Online: You canapply for a business loan onlinethrough our website.The processshould not takeyoumore than 10 minutesPhone: Call our customer helpline number 1860 267 6060between 9am and8pmMondaythroughSaturdaytoapply for a business loan through your phoneBranch: Visit your nearest Tata Capital branch with the requiredbusiness loan documents. Our executive will guide you through the business loan application process

Pre-Payment Calculator for Business Loan

Home
Business Loan
Pre-Payment Calculator

Calculators

Apply Now

Overview Required Documents Rates & Charges

Calculators

EMI Options

Loan Amount

₹

Loan duration

Rate of interest

Part payment amount

₹

Payment months

(Fixed Tenure)

(Fixed EMI)

Principal + Interest

Remaining Principal

Apply Now

Disclaimer: The aforementioned values, calculations and results are for illustrative and informational purposes only and may vary basis various parameters laid down by Tata Capital.

What is a Business Loan Pre-Payment Calculator?

When you avail of a business loan, you agree to repay the loan amount in Equated Monthly Instalments or EMIs. In most cases, your business loan EMI remains the same for your entire loan tenure. However, if you have surplus funds, you can choose to make pre-payments on your business loan and reduce your loan EMI, tenure, or principal amount.

A business loan pre-payment calculator is an online tool that can help you calculate business loan pre-payment amount and understand the impact of pre-payment on your business loan EMI, tenure, and other parameters. With Tata Capital’s pre-payment calculator for business loan, you can calculate business loan pre-payment amount and know your revised EMI amount, tenure, and outstanding principal amount.

Are There Any Pre-Payment Charges on a Business Loan?

Yes. The pre-payments on a business loan generally accompany certain charges, known as pre-payment charges. These charges are usually levied by lenders as a certain percentage of the pre-payment amount and may vary from one lending institution to another.

At Tata Capital, we levy very nominal pre-payment charges on our customers. For more details, you can check our business loan fees and charges section. You can also use our business loan pre-payment calculator to know your pre-payment charges and other details.

How to Use a Business Loan Pre-Payment Calculator?

Using a pre-payment calculator for business loan is extremely easy and convenient. Several lenders allow you to access their business loan pre-payment calculator online and evaluate your pre-payment benefits from the convenience of your home or office.

Enter Loan amount

Enter your business loan amount by using the slider or typing directly in the relevant box.

Set loan tenure

Enter or set your original business loan tenure or duration for which you’ve taken the loan.

Enter interest rate

Enter or set the applicable rate of interest on your business loan.

Enter the amount

Enter or set the amount that you want to pay as a pre-payment on your business loan.

Enter duration

Enter or set the payment months. If you want to make a one-time payment, enter the value as “1”.

Once you enter these values in our business loan pre-payment calculator, it will instantly display your revised EMI, revised tenure, and the outstanding principal amount after making the pre-payment.

Avail TATA Capital loans directly from WhatsApp

Apply via WhatsApp

More Business Loan products for you

Business Loan for professionals

At Tata Capital, we provide business loans for professionals with benefits like easy eligibility criteria, minimum documentation, and quick disbursals.

Apply Now

Business Loan for women

At Tata Capital, we provide business loans for women entrepreneurs to achieve new heights in the world of business and startups.

Apply Now

What our customers say about us

Overall the experience was good and hope to continue the same. Also Tata Capital executive were nice and polite from the beginning.

Prasenjit Sen

Loan Against Property | 13 January, 2023

Thank you TATA Group for making India proud with all your hassle free and excellent services, Thanks Team

PRAMOD LINGSHETTY PATIL

Personal Loan | 31 December, 2022

I want to thank Tata Capital for giving Loan, During the process I was kept updated. Wanted to thank Tata Capital executive for answering my queries and keeping me updated on Status. Thank you

G BHASKAR

Personal Loan | 30 December, 2022

This is surprisingly easiest way to avail personal loan. I am completely happy with the service provided. Thank you team TATA CAPITAL!

Venugopal Raju

Personal Loan | 28 December, 2022

I was impressed with the way your staff handles their customers and if i come accross any family or friend who may be looking for any financial assistance, I shall surely recommend Tata capital

SHEELA AVINASH PATEL

Business Loan | 24 December, 2022

One of the best Mobile App, Tata capital only took 3-4 working day for loan approval.

ARJUN KUMAR

Personal Loan | 23 December, 2022

The services of Tata Capital is very good.. Approval process, loan charges are not hidden, every aspect was explained to me by Tata Capital executive before taking loan, very good transparency. Keep it up..

Prasanna Shriram Agashe

Personal Loan | 10 December, 2022

Excellent customer service with clarity and politeness. Thanks to TATA Capital having wonderful field staff.

S hari Haran

Two Wheeler Loan | 08 December, 2022

I am very happy that I got timely loan in my worst time.

THAKOR BHIMABHAI SHANKARJI

Personal Loan | 07 December, 2022

Read All

Popular FAQs

Every business, irrespective of its size and age, requires funding from time to time. A business loan can help you avail of the required business funding, and then repay the loan amount in Equated Monthly Installments or EMIs. You can apply for a business loan to meet various short-term and long-term financial requirements of your business, such as getting access to working capital, hiring new employees, buying new equipment, upgrading workplace infrastructure, procuring inventory, or leasing new premises for business expansion.

You can apply for a business loan with Tata Capital to meet all the financial requirements of your business. At Tata Capital, we provide an instant business loan so that you don’t have to wait to expand your business. Here’s why our business loan can be the best option for you:

Our business loan interest rates are highly competitive, starting from just 12% per annum*
You can choose your business loan amount between Rs 0.40 lac and Rs 75 lakh
We don’t ask for collateral or security for providing business finance
You have the flexibility to choose from several EMI plans
If you’re an existing customer, you can get pre-approved offers on our business loan
There are no strict eligibility criteria that you need to fulfill
You can apply for an online business loan and get instant approval

At Tata Capital, we provide business loans with easy eligibility and minimal documentation. Here are the business loan documents that you will need to submit to avail of a business loan from us:

KYC documents, including a photo ID and address proof
Business proof, such as business registration certificate, trade license, GST registration certificate, or a certified copy of the partnership deed agreement or sole proprietorship declaration
Income proof, such as the last two years' income tax returns (ITRs) and computation of income, last two years' audited financial with tax audit report, last two years' profit-loss statements, or balance sheet (duly audited by a chartered accountant)
Current account bank statements and GST returns for the last six months

You may also require some additional documents at the time of loan processing. Visit the documents required page for more details.

We offer business loans for self-employed professionals (doctors, CAs, etc.) as well as non-professionals. Here is a list of customers that can apply for a business loan from us:

Self-employed individuals
Proprietorship firms
Partnership firms
Limited liability partnership firms
Private limited companies
Closely held public limited companies
Hindu undivided families (HUFs)
Trusts and societies

At Tata Capital, ensuring customer convenience is our top priority. That is why we allow the repayment of business loan EMIs through various payment instruments. You can choose to pay your EMIs through a direct debit facility, post-dated cheques (PDCs), or electronic clearance service (ECS).

With Tata Capital, you can apply for an online business loan by visiting our website and entering a few basic details. Or call our customer helpline number 1860 267 6060 to apply for a business loan through your phone. You can even visit your nearest Tata Capital branch and get in touch with one of our executives.

Yes. At Tata Capital, we don’t ask for collateral or security for providing business finance. This means you don’t have to put your personal or business assets on the line to qualify for business funding. Our business loans are 100% collateral-free.

If you are running an online retail store or an e-commerce website, you can apply for a business loan with Tata Capital for your working capital requirements. To get your online business loan approved, you must fulfill the following eligibility criteria:

Your CIBIL score should be above 700
Your business turnover must show an upward trend

Yes. If you have taken a business loan for your sole proprietorship business or partnership business, it will reflect in your personal credit report. If you fail to repay your business loan on time, your credit score might be impacted. However, if your company is an LLC, your business loan would affect only your business credit score and not your personal credit score.

By availing of a business loan in India, you can reduce your taxable income. Any interest levied on a business loan is eligible for tax deductions since the interest paid on a business loan is considered to be a business expense and not revenue. However, the principal component of a business loan is not tax-deductible.

Business loan eligibility criteria can vary from one lending institution to another. To become eligible for a Tata Capital Business Loan, you need to fulfill the following requirements:

Your age should be at least 21 years at the time of applying for the business loan and not more than 65 years at the time of the last EMI
Your credit score should be at least 650 or more
Business should be profitable
Minimum 2 years business stability
Banking balance should be at least Rs. 5000

For more details on our business loan eligibility criteria, visit our Business Loan Overview page.

A business account is not mandatory to get a business loan if you are running a sole proprietorship business. However, for a partnership business, corporation, or LLC, having a business account is mandatory for getting a business loan.

Your business loan EMI would depend on several factors, such as your business loan amount, loan tenure, and the applicable business loan interest rate. You can use our online Business Loan Calculator to know the exact EMI that you would have to pay for your business loan.

At Tata Capital, we provide business loans of up to Rs 75 lakh. However, the maximum business loan amount you can take will depend on your business loan eligibility and credit score. By having a good credit score and a profitable business, you can avail of the maximum loan amount.

With Tata Capital, you can take up to 60 months to repay your business loan. You have the flexibility to select a business loan tenure as per your repayment capability. You can even choose from different EMI plans to repay your business loan as per your income cycle.

At Tata Capital, the interest rate for a business loan is fixed. It means that your business loan interest rate and the EMI would not change during its repayment tenure. Our interest rate starts from - Self-Employed Non-Professional: 15% - 25%, Self-Employed Doctors: 12.00% - 15.00%, Self-Employed Professional Other than Doctors: 13.00% - 17.50%

At Tata Capital, we offer two types of Flexi EMI plans for business loan repayment:

Step Up Flexi EMI Plan: This repayment option allows you to pay lower EMIs in the beginning and then increase them gradually as your income grows. This plan helps in managing your loan repayment as per your income flow.
Step Down Flexi EMI Plan: This repayment option allows you to pay higher EMIs in the beginning and then reduce them gradually. This plan helps in reducing your interest outgo significantly.

You can apply for an instant business loan with Tata Capital and get on-the-spot approval for business funding. To apply for a business loan with us, you can take any of the following routes:

Online: You can apply for a business loan online through our website. The process should not take you more than 10 minutes
Phone: Call our customer helpline number 1860 267 6060 between 9 am and 8 pm Monday through Saturday to apply for a business loan through your phone
Branch: Visit your nearest Tata Capital branch with the required business loan documents. Our executive will guide you through the business loan application process

Find the right Loan for you

Machinery Loans

If you’re into a manufacturing business, you may need to install the latest machinery or equipment in your factory.

You can apply for a machinery loan with us to fund the purchase of your business-related tools or equipment.

Know More

Machinery Loans

MSME Loans

MSMEs are the second-largest employer in India after the agriculture sector.

To help these MSMEs grow and flourish without being affected by financial hurdles, Tata Capital offers MSME loans or SME loans at competitive interest rates.

Know More

MSME Loans

Overdraft Loan

If you’re unsure of the total loan amount that you may need for your business, you can avail of a business loan overdraft facility or an overdraft business loan.

With Tata Capital, you can get an OD loan for business of up to Rs. 75 lakhs at an affordable interest rate.

Know More

Overdraft Loan

Small Business Loan

Tata Capital’s small business loans are tailor-made loans to help micro and small businesses in India meet their urgent monetary requirements.

You can apply for a new small business loan online and get the funding from the comforts of your home or office.

Know More

Small Business Loan

Business Loan Blogs

Business Loan

Quick Links

Check Your Credit Score

Looking for Secured Business Loans?

Get upto 95% of your car value and book your dream car

A loan to own the bike of your choice

Check Your Credit Score

QIK EMI Card

Avail Digital Equipment Loans up to Rs. 1 Crore

Avail Leasing solutions for all asset classes

Offers & Updates

Download the Moneyfy App

Take a Tata Capital Home Loan

Apply for a Tata Card

Sign in to unlock special offers!

You are signed in to unlock special offers!

Quick Links for loans

Quick Links for Insurance

Avail Digital Equipment Loans up to Rs. 1 Crore

Avail Leasing solutions for all asset classes

Business Loan Pre-Payment Calculator

Loan Amount

Loan duration

Loan duration

Rate of interest

Part payment amount

Payment months

Payment months

What is a Business Loan Pre-Payment Calculator?

Are There Any Pre-Payment Charges on a Business Loan?

How to Use a Business Loan Pre-Payment Calculator?

Enter Loan amount

Set loan tenure

Enter interest rate

Enter the amount

Enter duration

Avail TATA Capital loans directly from WhatsApp

More Business Loan products for you

Business Loan for professionals

Business Loan for women

What our customers say about us

Prasenjit Sen

PRAMOD LINGSHETTY PATIL

G BHASKAR

Venugopal Raju

SHEELA AVINASH PATEL

ARJUN KUMAR

Prasanna Shriram Agashe

S hari Haran

THAKOR BHIMABHAI SHANKARJI

Related Videos

Know more about Business Loans

Popular FAQs

Find the right Loan for you

Machinery Loans

Machinery Loans

MSME Loans

MSME Loans

Overdraft Loan

Overdraft Loan

Small Business Loan

Small Business Loan

Business Loan Blogs

5 Types of Business Risk Every Entrepreneur Should Know

Top 10 AI Business Ideas to Watch in 2023

How to Start a Water Supply Business in India?

How to Start Beauty Parlour Business in India

Subscribe to our newsletter

Most Important Terms & Conditions - Home Loans

Most Important Terms & Conditions - Home Loans

Follow Us

Download our Moneyfy App

Just enter your mobile number and we will share the link with you.

Download the app for your device

Scan QR to download the App

Download our TATA Capital App

Just enter your mobile number and we will share the link with you.

Download the app for your device

Scan QR to download the App

Stay updated!

Looking for offers...

Download The Moneyfy App

Get upto 95% of your car value and
book your dream car

Avail Digital Equipment Loans
up to Rs. 1 Crore

Avail Leasing solutions
for all asset classes

Sign in to unlock
special offers!

Avail Digital Equipment Loans
up to Rs. 1 Crore

Avail Leasing solutions
for all asset classes