How to Close Tata Capital Personal Loan?

Hello Chitra, I can tell you how to close Tata Capital personal loan online. I closed my loan a few months ago by going to the web portal of Tata Capital. Let me tell you more about the process of closing your loan.

How to Close Personal Loan in Tata Capital?

Ms. Monali has already shared the steps above for closing the loan. I can tell you about foreclosing the loan. Personal loan foreclosure is a process where you make added payments towards your loan to close it before the tenure ends. I did the same in the following ways:

1. You can log in to the Tata Capital mobile app or their web portal and submit a request for foreclosing the loan.

2. You also have the option to call customer service at 1860 267 6060 or write to them on their customer care email ID (

   customercare@tatacapital.com

   ) regarding your willingness to foreclose the loan.

3. You can submit your request to your nearest Tata Capital service branch.

So, these are three ways through which you can opt to close your loan at Tata Capital. I hope you find this helpful.

My sister taught me how to close Tata Capital personal loan. It was a comparatively smooth process but there were some obstacles too. That is why I would like to share with you some important pointers before I tell you about the process of foreclosing. I believe, if you know these pointers beforehand, it will be helpful to you. 

• I suggest you initiate the closure process at least 3 days before the desired date. 

• Always keep a check of the funds that you have in your account. You should have sufficient funds in your account to cover the outstanding loan balance, pre-closure charges, and any additional processing fees. 

• Also, make sure you keep all pre-closure documents and communication for future reference.

If you keep these things in mind, the foreclosure process will be a cakewalk for you. I know the online method, so sharing with you the same below. 

1. Visit the

   Tata Capital Personal Loan page

2. You will be able to see a log-in icon present on the top right corner of the page. Tap on that and click on retail log-in opinion.

3. Then log in using your registered mobile number or email address and CAPTCHA.

4. After that, select the 'Pre-closure' option from the menu.

5. Then, enter your loan account number and click on 'Proceed'.

6. You will then get your pre-closure statement, including the outstanding loan balance, pre-closure charges, and the final settlement amount.

7. Then select the payment method (net banking, debit card, or UPI) and make the pre-closure payment.

8. Once the payment is successful, you will receive a confirmation email and SMS.

I hope now you know

how to close Tata Capital personal loan.