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What is Tata Capital Personal Loan Processing Time?

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0 2024-05-02T11:09:27+00:00

When I was searching for a personal loan, a friend of mine suggested me to opt for the Tata Capital Personal loan. I asked him about various details of the loan such as interest rate, maximum loan amount, Tata capital personal loan processing time. Here is what he told me. 

What is the Tata Capital Loan Processing Time?

The information about the loan he provided me, I have added that in the table below. 

Particulars Values

Maximum Amount

35 Lakhs

Interest Rate

10.99% onwards

Processing Fees

Up to 5.5% of the loan amount + GST

Processing Time 72 hours

Age

Between 21 and 58 years

Minimum Income

Rs. 15,000 per month

He also told me that the Tata Capital loan process time may vary depending on the totality of the application and the verification process.

As I am a salaried person, he also told me about the documents that I must submit to avail the loan. 

  • Voter ID/ Passport/ Aadhaar card/ Driving License as ID proof. 

  • Electricity Bills/ Water Bill as Address proof. 

  • Last two months salary slips as Income proof. 

  • Last 3 months' bank statements. 

  • Certificate of employment. 

He told me that if I am planning to apply for the loan, then I follow the steps mentioned below. 

  • He asked me to visit the Tata Capital Website.

  • After that, he asked me to provide my mobile number and occupation type. 

  • Then, enter the loan requirements.

  • Provide my personal details and upload the required documents. 

And that’s all about Tata Capital personal loan processing time. I hope this helps. 

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