Eligibility and Documents
- Eligibility Criteria
- Documents
Eligibility Criteria
Criteria | Salaried | Self Employed |
Minimum Age Limit | 21 years | 21 years |
Maximum Age Limit | 60 years | 65 years |
Minimum Loan Amount | Rs.10,000* | Rs.10,000* |
Maximum Loan Amount | Rs.1,50,000^ | Rs.1,50,000^ |
Minimum Net Tenor | 6 months | 6 months |
Maximum Net Tenor | 24 months | 24 months |
* 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
** 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:
For Self-employed Individuals
The following documents need to be submitted:
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.