Why Is Tata Capital Best - Personal Loan

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which is as low as 11.49%. Here are the other fees and charges for a Tata Capital loan. Processing fee of a Tata capital person loan can vary depending on the particulars of your loan. Foreclosure Charge-4.5% of the principal outstanding at the time of foreclosure + ST Part-payment Charges- 2% (of the amount paid) + GST is applicable beyond that period. Delay in Paying EMI Charges- 2% on every outstanding month over the prevailing interest amount. These nominal fees and charges are to be paid by the borrower while availing a personal loan from Tata Capital. Tata Capital Personal Loan Features Tata Capital is one of the top most NBFCs in India for the Personal loan. The comprehensive service and multiple features make it one of the best-picked lenders. Here are some features of Tata Capital personal loan. Multipurpose Loan Tata Capital personal loans can be used according to the need of the borrower. Affordable Interest Rate Tata Capital offers a competitive interest rate on personal loans which is as low as 11.49% Easy Repayment One can use multiple ways of repayment such as post-dated cheques, ECS, online payments of EMI and so on Minimal Paperwork This financial institution demands only a few documents for approving a loan. No Collateral Tata Capital personal loan is an unsecured loan, so none of your valuables is at risk. Online Access Tata Capital provides access to handle your credit account online, which made it much easier to do payments, check balance etc. Fast Disbursal One can get the loan amount in the bank account within 72 hours of applying. Customer Support System One can call or email to the customer support team at any time to clarify any doubts regarding the loan.
Online Eligibility Checking & EMI Calculator Tata Capital provides the convenience of checking the loan eligibility and EMI using the website. One can even apply for the loan online without visiting the bank. High Loan Amount One can take a personal loan upto 25 Lacs as a personal loan which is indeed a very big amount. Tata Capital Personal Loan Eligibility The eligibility which one needs to fulfill a personal loan is very basic ones. Both the salaried and the self-employed can apply for a personal loan. The criteria which one need to fulfill are- Both salaried and self-employed must have to in the age group between 21-58 years. A salaried person must have at least two years of overall working experience and at least 6 months with the current employer whereas a business person must prove 3 years of business turn-over. The income of Salaried Individuals should not be less than Rs. 20,000 per month The amount which can be taken as loan depends primarily on the cash flow and the liabilities of the applicant. Salaried Persons: With a minimum income of Rs.20,000 pm one will be considered eligible for a maximum loan of Rs.15,00,000. Self-Employed Persons: With a minimum income of Rs. 2,00,000 per annum, a self-employed professional can get a maximum loan of Rs. 20,00,000. Business Owners: With a minimum income of Rs. 2,00,000 per annum, a self-employed professional can get a maximum loan of Rs. 15,00,000. Tata Capital Personal Loan Documents The documents which an applicant has to furnish in order to get the loan sanctioned are given below.
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Why Is Tata Capital Best - Personal Loan

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