Personal Loan in Chennai at 10.99% | Instant Approval

Home
Personal Loan
Personal Loan in Chennai

Back

Apply Now

Instant Personal Loan in Chennai

Known as the Detroit of Asia, Chennai is one of the largest education and economic centres in India. Famous for its beaches, colleges, temples, and theatres, a lifestyle in Chennai can be financially burdensome. Whether you're living alone or with your family, sudden emergencies can strain your finances.

What if your home needs urgent renovation? Or you have to pay for immediate medical treatment? The best way to fund these expenses is by turning to a personal loan. With Tata Capital's multi-purpose personal loan in Chennai, you can get access to credit quickly at affordable interest rates.

You can avail of a loan amount starting from Rs. 40,000 up to Rs. 35 lakhs with flexible repayment tenure of up to 6 years. You can also increase your EMIs as your income increases or pre-pay a portion of your loan amount at no extra charges.

Tata Capital brings you the most affordable personal loan in Chennai with a quick and straightforward personal loan application process. Our quick turnaround period ensures your hefty payments are not delayed. Apply today.

Loan amount offered

₹40,000 - ₹35,00,000

Loan tenure

Up to 6 years

Interest rate starting @

10.99% p.a

View Rates & Charges

Avail TATA Capital loans directly from WhatsApp

Apply via WhatsApp

Benefits of Personal Loan in Chennai

Multipurpose Loan

No matter what the occasion is, we have the right offering for you. Be it for weddings, higher studies, travel, or any other purpose.

No Collateral/Security

We don’t ask for any collateral or security.

Overdraft Facility

Need extra money? We let you withdraw additional funds up to an agreed limit. Interest is charged only on the amount you use.

Zero charges on Part Pre-Payment

You can prepay part of the loan any time after 6 months of availing of a loan without any penalty or additional fee.

Personal loan interest rate and applicable charges in Chennai

In Chennai, personal loan interest rates with Tata Capital start at 10.99% p.a. However, the actual rate you get depends on several factors, such as:

Credit Score: A strong score shows you've handled credit well. This can help you get a lower rate.
Income: If you earn a steady income, lenders feel more confident about offering better rates.
Existing EMIs: If you already have several ongoing loans, lenders may charge a higher rate because the risk is higher.
Loan Amount: Smaller loan amounts often attract lower interest rates.
Job Stability: A stable job tells the lender that you can make your payments on time. This can help you get potentially lower rates.
Your Relationship with the Lender: If you're an existing customer, you may get slightly better offers or discounts.

Personal Loan EMI Calculator

Loan amount

₹

₹75,000 ₹35,00,000

Loan duration

1 Years 6 Years

Rate of interest

10% p.a 19% p.a

Monthly EMI

Total Amount Payable

0*
Total Interest Payable

0*

Total Amount Payable

Total Interest Payable

Apply Now

Calculate Personal Loan EMI

Eligibility Criteria for a Personal Loan in Chennai

Before understanding how to get an instant personal loan, you must check the eligibility. Your eligibility depends on various factors, including a fixed monthly income, age, nature of employment, CIBIL score, professional experience, etc. For an instant personal loan from Tata Capital, you must fulfil the easy-to-meet eligibility criteria. You also need to share personal details including your PAN number, CIBIL score & KYC documents.

Eligibility for salaried individuals:

Age should be between 21 to 58 years
The minimum monthly income should be ₹ 15,000
Minimum of one year of work experience

Documents Required to get a Personal Loan in Chennai

The following are the documents required for getting an instant personal loan with Tata Capital:

Photo Identity Proof documents
Income Proof documents
Salary Slips
Address Proof documents and
Employment Certificate

To know the entire list of accepted documents, visit our documents page.

Quick Disbursement of Personal Loans in Chennai

Getting a personal loan in Chennai through Tata Capital is a fast and hassle-free experience. To get a personal loan, apply online in Chennai, so you don't need to visit a branch or deal with long queues. All you need to do is fill out the application form, upload your documents, and submit the request.

Once Tata Capital reviews your details and confirms your eligibility, the loan is approved without delay, and the money is transferred to your bank account. This quick disbursement helps you manage urgent expenses without waiting days for funds to arrive.

How to apply for a Personal Loan in Chennai?

Check loan eligibility

Check your personal loan eligibility on the Tata Capital website.

Begin your application

Locate the application form and fill in your personal and professional details.

Submit documents

Scan the documents and upload them onto our portal.

Verification

Our experts will adequately review your papers and ensure their authenticity.

Quick disbursal

After the loan is approved, the amount is credited to your bank account.

Apply Now

Uses of Personal Loans in Chennai

1. Debt Consolidation: If you're juggling multiple EMIs, a personal loan can combine them into one easy payment. This often reduces your interest burden and makes monthly budgeting simpler.

2. Emergency Needs: A personal loan can be a big help during sudden expenses like medical treatments, urgent home repairs, or car breakdowns. Since these loans don't need collateral, they offer quick support when you need money fast.

3. Wedding Expenses: A personal loan helps you plan big celebrations or last-minute wedding expenses comfortably without financial stress.

4. Home Renovation: Whether you want to fix your home, upgrade interiors, or make small improvements, a personal loan can fund the work without long waiting times.

5. Education Expenses: Personal loans can cover tuition, hostel fees, books, or coaching expenses, making higher education easier to manage.

Why Choose a Tata Capital Personal Loan in Chennai?

Tata Capital makes borrowing easy with flexible, multipurpose personal loans. All you need to do to secure a personal loan is apply online in Chennai. You can use the funds for weddings, education, travel, or unexpected expenses without any collateral, so the process stays quick and stress-free.

What makes it one of the best personal loans in Chennai is the overdraft facility. If you ever need extra money, Tata Capital lets you withdraw additional funds whenever required. Plus, you pay interest only on what you actually use. Tata Capital also lets you prepay part of the loan without any charges, helping you reduce interest costs and close the loan faster.

Other Ways to Apply for a Personal Loan in Chennai?

Registered Branch – Tata Capital Financial Services Ltd, 2nd Floor, 5/19, Vellalar Street, Opp to Best Hospital, Kodamabakkam, Chennai 6000024
Customer Care – 1860 267 6060
Email – contactus@tatacapital.com

Instant Personal Loans in your city

Tata Capital provides unique and flexible Personal Loans for salaried individuals. Now that you know what is a personal loan, the following can get a Personal Loan from Tata Capital:

Personal Loan in Delhi

Are you facing a cash crunch in the national capital of Delhi? Tata Capital has your back.

Personal Loan in Bangalore

Need to manage immediate expenses in the Garden city of India? Take an instant Loan

Personal Loan in Mumbai

Get the best loan interest rates in Mumbai. Connect with Tata Capital in your city.

Personal Loan in Hyderabad

Fund your unforeseen expenditures in the city of pearls, Hyderabad with Tata Capital.

Personal Loan in Pune

Enjoy customised Personal Loans in Pune. Find more at Tata Capital.

Personal Loan in Gurgaon

Are you facing a cash crunch? Connect with Tata Capital to know more.

Personal Loan in Kolkata

Enjoy customised Personal Loans in Kolkata. Find more at Tata Capital.

Personal Loan in Jaipur

Manage unforeseen expenses with ease. Tata capital has your back.

Personal Loan in Chandigarh

Facing a cash shortage? Connect with Tata Capital to know more.

Personal Loan in Surat

Enjoy a seamless process to avail Personal Loans. Tata Capital has your back.

Personal Loan in Kerala

Conveniently finance all your requirements. Connect with Tata Capital to know more.

Personal Loan in Visakhapatnam

Avail our multi-purpose personal loans to meet your unique requirements. Connect with Tata Capital.

Personal Loan in Ahmedabad

Get access to credit quickly at affordable interest rates. Find more at Tata Capital.

Personal Loan in Lucknow

Finance your goals and meet your capital requirements. Connect with Tata Capital.

FAQ's on Instant Personal Loan in Chennai

While a low CIBIL score may affect loan approval, lenders also evaluate factors like monthly income, employment type, age, and professional experience when processing personal loan applications in Chennai.

To get a personal loan from Tata Capital, applicants must earn a minimum monthly income of Rs 15,000, be aged between 21 and 58 years, and have at least a year’s work experience.

You can get a personal loan in Chennai instantly from Tata Capital. We offer personal loans with easy eligibility criteria, minimal documentation, attractive interest rates, and flexible repayment options.

Applicants must earn a minimum monthly income of Rs 15,000 to get a personal loan in Chennai from Tata Capital.

No, you cannot get a personal loan in Chennai without documents. Tata Capital offers personal loans with minimal documentation, flexible repayment options, and competitive interest rates.

You can calculate EMI for a personal loan online with Tata Capital’s personal loan EMI calculator. Simply feed in your loan amount, tenure, and interest rate to calculate your monthly EMI in seconds.