Get instant funds for your business with a Tata Capital business loan, the unsecured and collateral-free business loan of up to 75 lakh for business capital funding. The application process is paperless with 12 to 36 months of repayment tenure.
Tata Capital Business Loan
|Loan Amount||Up To 75 Lakh|
|Interest Rate||19% p.a.|
|Repay Loan||12 to 36 months|
|Credit Score||-1 / 700+|
|Required Age||21 -65 years|
|Processing Fees||Up To 2% of approval loan|
|Eligible For||Self Employed Person|
Benefits of Tata Capital Business Loan
- Tata Capital provides loans for working capital and buys business equipment.
- The funding for your business is available up to Rs. 75 lakh.
- Repay Tata Capital business loan within 36 months.
- An instant paperless process with online application features.
- The business loan is available for small business owners-enterprises business.
Tata Capital Business Loan Eligibility
- Complete age criteria between 21 to 65 years.
- Maintain a minimum ABB (Average Bank Balance) of Rs. 5,000.
- A credit score of -1 or 700+ should be good enough to apply.
- Business vintage proof minimum 2 years old need.
Also Read: How much business loan can I get in India?
Documents Lists for Tata Capital Business Loan
Complete the documents list to apply for a Tata Capital business loan.
- 2 years IT File
- 2 years Trade License
- MSME Certificate
- 6 months update bank statement
- Pan Card
- Aaadhaar Card
Residential Proof Documents
- Electricity bill / Water bill
- Property paper
Tata Capital Business Loan Interest & Charges
|Interest Rate||19% p.a.|
|Self Employed non-professional Business||16.50% p.a.|
|Self Employed Professional Business||13.50% p.a.|
|Processing Charge||Up To 2% of approval loan amount|
|Penal Interest Charge||3% of overdue amount + Taxes|
|Bounce Charge||Rs. 2,000 per cheque + GST|
|Documents Processing Fee||Rs. 1,999 + Taxes|
Apply for Tata Capital Business Loan
1. Visit the nearest Tata Capital branch.
2. Keep all the above-mentioned documents.
3. Share your phone number & email ID for log-in purposes.
4. After logging in and verification complete, you will be eligible for a loan.
FAQs on Tata Capital Business Loan
Does Tata Capital provide business loans on trade licenses?
Tata Capital offers small ticket business loans up to Rs. 10 lakh with a trade license. No ITR file is required.
What is the current interest rate for a Tata Capital business loan?
The current interest rate of Tata Capital business loan is 16.50% to 19% p.a.
Am I eligible for a Tata Capital business loan with a zero credit score?
Tata Capital gives business loans to zero credit score customers also.
How to contact Tata Capital business loan customer care?
Write an email at [email protected] or call customer care number 1860 267 6060 at working hours (Mon to Sat 10 AM- 6 PM)