Tata Capital continues to enhance its personal loan offerings with updated policies tailored to improve customer experience, increase loan accessibility, and streamline the digital journey. The latest policy update focuses on improved rates for top-category companies, fully digital processing, and simplified eligibility criteria for borrowers across segments.
Key Product Features
1. Attractive Rate of Interest
- ROI starts at 12.25% for customers working in Super Cat A and Cat A companies.
2. 100% Digital Process
- No physical documents required from login to disbursement.
- The entire process is completely digital, ensuring quick and hassle-free disbursal.
3. High Loan Amount
- Maximum loan amount of up to ₹35 Lakhs.
4. Flexible Address Verification
- FI (Field Investigation) is mandatory only for current address.
- For Super Cat A and Cat A companies, HR letter is accepted as address proof.
5. Partial Payment Facility
- Available after 12 EMIs, allowing up to 25% of the outstanding principal to be repaid with zero charges.
Eligibility Criteria
Minimum Salary Requirements
- Super Cat A & Cat A: ₹20,000
- Cat B & Government Employees: ₹25,000
CIBIL Score Requirements
- New-to-Credit (CIBIL 0 / -1): Accepted
- CIBIL < 700: Allowed with a mitigant, such as an existing live loan with over 12 EMIs paid.
Accommodation Criteria
- Bachelor Accommodation: Permitted
- FI Mandatory for permanent address
Age Criteria
- Minimum Age: 21 years
- Maximum Age: 61 years (as per respective state government norms)
Turnaround Time
- Standard TAT of 48 hours from login to decision
Balance Transfer Options
- Upto 5 balance transfers allowed, including:
- Personal Loan (PL)
- Credit Card (CC)
- Jumbo Loan
- Additional options include:
- OD to PL Balance Transfer
- OD to OD Balance Transfer
Applicant and Co-applicant Combinations Allowed
Serviceable Locations in Telangana
Tata Capital is actively sourcing personal loan cases from the following areas with up to 20–50 km coverage:
- Khammam – 50 km radius
- Kothagudem – 20 km
- Palvancha – 20 km
- Sathupalli – 20 km
- Ellandu – 20 km
- Madhira – 20 km
- Mulugu – 20 km
For more information or case-specific queries, connect with your respective Relationship Managers or Sales Officers. Tata Capital remains committed to enabling smarter financial solutions with speed, flexibility, and customer-first processes.
