Eligibility Criteria

* Minimum loan amount depends on the product.
^ Funding up to Rs.5,00,000 may also be considered upon submission of a valid income proof.

Note: Finance under this scheme is only available to individuals

However, the final eligibility and approval** would differ for individual customer based on the appraisal of every application received as per the company policies. ** The approval is at the sole discretion of Tata Capital Financial Services Limited ("TCFSL").

Documents required

Mandatory documents

• PAN card (mandatory)
• Latest residential address proof (not more than 2 months old) as per policy**
• One latest passport size photograph
• One security cheque (which should be favouring TCFSL, the full loan amount to be mentioned, no date to be entered).

** Documentation would be as per the KYC policy of the company and requirements on a case to case basis.

For Salaried Employees

The following documents need to be submitted:

• ID Proof
• Completed Application Form
• Address Proof
• Income Proof: Last 2 months' payslip (only for funding under income schemes / high value cases > 1.50 lakhs)
• Last 3 months' bank statement showing salary credits

For Self-employed Individuals

The following documents need to be submitted:

• ID Proof
• Completed Application Form
• Address Proof
• Income Proof: Last 2 years' ITR (only for income products)
• Latest months' bank statement
• Repayment should be from Proprietorship A/c or Savings A/c only.
• In case of repayment from Proprietorship A/c, Shops and Establishments Act License with Proprietor Name or verified ECS with proprietorship stamp is required.

Note: The above-stated documents are required only for income products and high loan amounts, as per our policy.

Shop Act establishment or Verified mandate from the bank will be required in all cases if repayment is from proprietorship account.