Tata Capital (Tata Capital Limited) is an RBI-registered NBFC in India that lends directly, offering personal loans, including personal loan balance transfers.
Decide based on your real situation, not on how fast the loan is approved.
High loan ceiling of up to Rs 35 lakh and tenures of up to 7 years, with a top-up loan option.
Pays your existing loan directly, and an interest-only period is available.
Foreclosure costs 6.5% within 12 months and 4.5% after (+GST); part-prepayment is free only up to 25% of the disbursed amount.
Processing fee of up to 5%, and it only transfers existing personal loans with at least Rs 50,000 outstanding.
Tata Capital offers a personal loan balance transfer of Rs 50,000 to Rs 35,00,000 with tenures of up to 7 years and interest of 10.99% to 33% per annum, paying off your existing personal loan directly. It is for salaried applicants aged 21 to 58 with at least 1 year of work experience, a monthly income of Rs 20,000 or more, and an existing personal loan with at least Rs 50,000 outstanding.
