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Personal Loan for Salaried Person by Tata Capital

Don't keep waiting for a paycheck to realize your dreams. Whether it's an overseas education or a luxury vacation, Tata Capital's Personal Loan for Salaried Employees is just what you need.

 

Our customized loans extend up to Rs. 35,00,000 at highly competitive interest rates starting at just 11.99%!

 

And that's not all. You can apply for a personal loan for salaried online with Tata Capital at your own comfort and convenience. Enjoy flexible repayment options, easy-to-meet eligibility conditions, and a customized tenure that fits your requirements and budget with Tata Capital.

 

Say yes to your goals with Tata Capital's Personal Loan for Salaried Employees. Apply today and enjoy instant loan approval and quick disbursal.

Features and benefits of Personal Loan for Salaried

High loan amount

Big or small, Tata Capital has all your funding needs covered. Borrow a Personal Loan for Salaried Employees from anywhere between Rs. 75,000 to Rs. 35,00,000. And don’t be a day late or a rupee short of funding your child's education overseas or meeting urgent medical expenses.

Flexible loan tenure

Tata Capital offers a loan tenure of up to 6 years so you can repay the loan conveniently. Adjust your personal loan EMIs and minimise chances of default by choosing a tenure that best suits your financial needs. Apply for an instant personal loan online for salaried employees today.

Competitive interest rates

High interest rates giving you the blues? Fear no more! Avail of the most market-beating personal loan interest rates, starting at just 11.99%.

No collateral needed

Don’t want to pledge any security? We won’t ask you to! Our instant Personal Loans online for Salaried Employees are collateral-free to ensure that you need not expose your valuable assets to risk.

Minimal paperwork

Leave behind your fears of tedious paperwork and multiple back-and-forth calls with lending experts. The entire process is easy-to-understand and will be completed in a jiffy.

Relaxed eligibility criteria

Get hassle-free instant loan for salaried person. We don't ask for much, only the basic eligibility criteria. From start to end, rest assured your borrowing experience will be convenient and hassle-free.

Overdraft facility

In case you need extra funds over and above what you’ve borrowed, you can withdraw additional funds up to an agreed limit. The best part? Pay interest only on the amount that you use.

No penalty charges on part pre-payment

Down the line, if you come into surplus money and feel like pre-paying a portion of your loan amount, don't worry about additional costs. We charge zero penalties on the part pre-payment of upto 25% of principal outstanding.

Personal Loan Eligibility for Salaried Person

You don’t need to meet extensive eligibility criteria to avail a loan from Tata Capital. Simply meet a few basic requirements, as discussed below, and avail of an instant loan for a salaried person. These eligibility requirements help us understand your repayment capacity and determine a maximum loan amount you can repay comfortably. So, we can customise a product most suited to your unique needs. With Tata Capital app, get a quick salaried loan. Apply online for a personal loan for salaried person today!

Eligibility criteria

  • Your age must fall between 21 and 58 years

  • You must have an income that is not less than Rs. 15,000 per month

  •  

    You must have at least one year of work experience

     

  • If you want to improve your personal loan eligibility, you should add a co-applicant with a good income and credit score, make sure your personal credit score is at least 725 or above, repay your previous debts on time, and choose a longer repayment tenure. 

Documents Required for a Salaried Personal Loan

A personal loan for salaried employees at Tata Capital features an easy application process without any hefty paperwork requirements. The list of documents required is as follows-

1. ID proof (Voter ID/ Passport/ Aadhaar card/ Driving License

2. Address proof

3. Income proof (Salary slips for the last two months)

4. Bank statements for the latest 3 months

5. Employment certificate

Steps to apply for Instant Personal Loan for Salaried

  • Meet us physically

    Visit one of your nearest Tata Capital branches and talk to our lending experts directly for application guidance.

  • Online application

    To get an instant salaried loan, apply now from the comfort of your home. Complete the loan application and upload scanned copies of the necessary documents online.

  • Call us

    Call our customer care executives at 1860 267 6060 anytime between 9 AM and 8 PM and let them guide you step by step.

  • Virtual assistant

    Our 24x7 virtual assistant, TIA, can give you real-time answers for loan application guidance.

Interest Rates and Charges For Loan for Salaried Employees

When salaried employees consider taking out a personal loan, understanding the interest rates and associated charges is crucial. Interest rates are a key factor in determining the overall cost of the loan. Interest rates are a key factor in determining the overall cost of the loan.
In addition to the interest rate, borrowers should be aware of Processing fee. There may also be prepayment or foreclosure charges if you decide to repay the loan before the end of the tenure. These fees can be a percentage of the outstanding loan amount.

It's also important to consider late payment penalties, which can significantly impact your finances.

Understanding these interest rates and charges is vital for salaried employees to make informed decisions. Proper financial planning ensures that the loan remains affordable and manageable throughout its tenure.

More Personal Loan products for you

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Personal Loan for government employees

Personal Loan for government employees

If you are a government employees looking for a way out of a cash crunch, let Tata Capital ease your financial pains! Get an instant personal loan within a few minutes.

Personal Loan for salaried employees
Personal Loan for salaried employees

Personal Loan for salaried employees

If you are a salaried employees looking for a way out of a cash crunch, let Tata Capital ease your financial pains! Get an instant personal loan within a few minutes.

Personal Loan for women
Personal Loan for women

Personal Loan for women

If you are a women looking for a way out of a cash crunch, let Tata Capital ease your financial pains! Get an instant personal loan within a few minutes.

What our customers say about us

Best financial service and quick service.

Rutvik Dhanesh Patil

Personal Loan | 05 Sep, 2024

Not applicable for further suggestions for improvement. You are doing your job very well.

ABHIMANYU ANANT

Personal Loan | 04 Sep, 2024

I’m completely satisfied with the customer service and great financial services.

R ARAVIND KUMAR

Personal Loan | 04 Sep, 2024

The Tata Capital support team is very responsible in their work, supporting me very well. Also, the online loan closing method is very good. Thanks to Tata Capital.

Pondu Gaonkar

Personal Loan | 03 Sep, 2024

The customer care executive resolved my issues very quickly

Krishna Haldar

Personal Loan | 03 Sep, 2024

I’m extremely happy with your work.

LOKESH NA BIDHURI

Personal Loan | 03 Sep, 2024

Your executive is very supportive, guiding me in simple language. Great support from Tata Capital.

PONDU SHANTARAM SHANTARAM GAONKAR

Personal Loan | 02 Sep, 2024

Good response from Tata Capital. Thank you.

PARASURAMAN V

Personal Loan | 29 Aug, 2024

Everyone is knowledgeable. Really happy to be associated with Tata.

ABHIJIT DATTATRAYA POTDAR

Personal Loan | 28 Aug, 2024

Find the right Loan for you

Overdraft like Facility

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.

Avail multiple withdrawals and part-payment facilities without any extra charges.

Overdraft Loan Overdraft Loan

Personal Loan for Wedding

A marriage today comes with its fair share of frills, thrills and not to mention - Bills.

An equal lifetime as partners, with highs and lows, joys and woes for better or worse, must begin with taking equal financial responsibility for your wedding too

Personal Loan for Wedding Personal Loan for Wedding

Personal Loan for Medical

In times of emergency, getting funds should be a hassle free experience. That’s how we have designed our Medical Loan - a loan that is easy, fast and convenient.

We provide flexible repayment options for all cosmetic, medical and dental procedures.

Personal Loan for Medical Personal Loan for Medical

Personal Loan for Travel

Want to fund your vacation but falling short on funds? An EMI based loan can be an ideal way to pay for a holiday that you can’t quite cover in one go.

Tata Capital Personal Loan for Travel is how you can make it happen. Head off on your next adventure.

Personal Loan for Travel Personal Loan for Travel

Personal Loan for Home Renovation

Thinking of revamping your home? A home that reflects your personality, your style and your taste. We help you do just that with our Personal Loan for Home Renovation.

From making extensive upgrades to your interiors to finally addressing your basic repair and maintenance needs, we are the answer to your home needs. You deserve a better home. We’re here to help you.

Personal Loan for Home Renovation Personal Loan for Home Renovation

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