Category Interest Rates and Charges
Payment Instrument Swapping Charges Rs. 550 + GST per instance for swapping eMandate or post-dated cheques for EMI repayment
Dishonour of any check/payment instruments Rs. 600 for every cheque/payment instrument dishonour
Duplicate NOC Charges Rs. 550 + GST for issuing a duplicate No Objection Certificate (NOC)
CCOD annual maintenance charges CCOD Annual Maintenance Charges are fees for maintaining a Personal Loan Overdraft. Tata Capital charges 0.25% of the reduced limit or Rs. 1,000, whichever is higher, after 13 months.
Statement of accounts Rs. 250 + GST for hard copy
Loan cancellation charges If you cancel your loan after disbursement, Tata Capital charges 2% of the loan amount or Rs. 5,750, whichever is higher.
Part Payment Charges

- Lock-in period of 12 months

- Part prepayment allowed once per year, with a 6-month gap

- Maximum of 50% of principal outstanding allowed per year

- Charges of 4.5% on prepayments over 25% of principal outstanding (up to 50%)

- No part payment allowed during the first 12 months

- Minimum part prepayment amount should be ≥ 2 months EMI

- Third-party cheques/payment instruments not allowed for part
Foreclosure charges on term loan facility

- The lock-in period is 12 months from the first disbursement.

- The foreclosure charge is 4.5% of the principal outstanding at the time of foreclosure.

- If the borrower forecloses after making a part prepayment, 4.5% will be charged on the outstanding principal plus the prepayment amount.

- Any prepayment or foreclosure during the lock-in period will incur an additional 2% charge on the principal outstanding.
Foreclosure charges for top-up

- The lock-in period is 12 months from the first disbursement.

- The foreclosure charge is 4.5% on the principal outstanding at the time of foreclosure.

- 2.50% on the future principal outstanding on the existing loan.

- Charges apply only if the new rate is lower than the existing rate.

- Any prepayment or foreclosure during the lock-in period will incur a 4.5% charge on the principal outstanding.
Foreclosure charges in CCOD cases

- The lock-in period is 12 months from the first disbursement.

- The foreclosure charge is 4.5% on the dropped-down limit amount.

- Any prepayment or foreclosure during the lock-in period will incur an additional 2% over and above the prepayment charges mentioned above on the dropped-down limit.
Foreclosure report Rs. 199 + GST for hard copy