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Tata Capital Large Segment Business Loan
With structured Business Loan EMI options and extended loan terms from TATA Capital, you can effectively manage the cash flow of your business.Powered By
Tata Capital Large Segment Business Loan
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Here are a few factors
| Location | 50Km from Branch |
| CIBIL Score | 700+ |
| Processing | Online |
| Business Vintage | 3 Year |
| Minimum Turnover | 1 Cr-100 Cr |
| Loan Amount & Tenure | 7.50
Lac-50 Lac (12 month-48 month) |
| Loan Product | Term Loan & OD Product |
| Rate of Interest & Type | 17% to 20% (Reducing) |
| TAT | Sanction-3
Days Disbursement-7 Days |
| Processing Fees | 2% |
| Foreclosure Charges | 4% |
| Applicant Type | Any Self Employed Person |
| Whether Co-Applicant Mandatory | Yes, Lady Co-applicant is mandatory |
| Proprietor Age/Co-Applicant Age | 25 Year- 65 Year(at the time of maturity) |
| Part Payment Allowed | No |
| Whether Ownership Proof Required | Either Office or Residence must be Own |
| Business Registration Proof Mandatory | Yes |
| Program | 1.
GST Program-35 Lac 2. Banking Program-25 Lac 3. Income Program-50 Lac 4. COP base funding-50 Lac |
| Product for Professionals | MBBS Doctor- COP base Funding (ROI 15.50%-17%) Chartered Accountant-COP base funding (ROI 15.50% to 17%) |
| Negative Profile | Both SIde Rented, School, Advocates, Share Traders, Gym, Liquor Business, Real Estate,SPA |
| USP | OD Limit Product |
| Additional | 1.
Minimum 51% Shareholding required on Loan if applicant is LLP/Partnership
firm/Company 2. Grain Traders, Jewellers, Man Power Industry, Civil Contractors, Aviation Sector, Tour & Travel is catious profile |
Documents required for Tata Capital Large Segment Business Loan
Business loan eligibility is based on basic terms like CIBIL score, age, business turnover, and more that candidates must fulfil to avail business finance
Let’s look into the eligibilities and required Documentation to make your application process even smoother:
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KYC of applicant & Co-Applicant
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Last 3 year ITR with computation of income of applicant & co-applicant
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Last 3 year audited balance sheet of applicant
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Last 3 year Tax audit report of applicant
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Last 12 month Bank Statement of applicant & co-applicant
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26AS of last 2 year of applicant & co-applicant
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Copy of GST registration
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Copy of MSME registration
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Copy of Last 12 month GST return
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Sanction letter of all running loan
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Debt Sheet
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Latest utility Bill of residence if owned or rent agreement if rented
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Latest utility Bill of Office if owned or rent agreement if rented
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2 Reference with contact details
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Last 3 year Debtors & Creditors on letter head
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List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP
Note : Tata Capital Business Loan may ask for additional documents based on the applicant’s profile. The above list is for reference purposes only.
Some Important Points
If Applicant is
- Company-MOA, AOA, COI , PAN Card
- Partnership Firm/LLP- Partnership Deed & PAN Card
- Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
- KYC means Adhaar Card, PAN Card, Passport Size Photo
- Company : Directors
- Partnership firm/LLP : Partners
- Proprietorship Firm : Spouse of Proprietor
About Tata Capital Large Segment Business Loan
Every business, regardless of size or kind, sometimes requires capital. A business loan is an unsecured credit line that might assist you in meeting the urgent financial needs of your developing organization. You may apply for a business loan to bring in the capital needed to develop your current business, increase manufacturing, purchase goods, and much more.
You can submit an application for a business loan of up to Rs. 75 lakh for business funding. You can apply for an online business loan from the comfort of your own office or place of residence. Tata Capital will not force you to rush here and there or overburden you with mountains of paperwork. You can also select an ideal repayment period for your business.
Save Your Time with a Simple Loan Process
Visit Our Website
For the first step, you will have to visit our website to explore the loan options that fit your needs.
Select and Apply
Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.
Submit Your Document
One of the most important steps. Now you will have to submit all the required documents digitally.
Enjoy Your Financial Freedom!
Once your application is approved based on your eligibility, you will receive your loan amount shortly.
FREQUENTLY ASKED QUESTIONS
Postdated checks, Electronic Clearance Service (ECS), and Direct Debit are all options for repayment of business loan provided by Tata Capital.
One should ideally have a CIBIL score of 700 or higher to be eligible for a business loan. Both self-employed professionals like doctors and engineers, as well as self-employed non-professionals like suppliers or manufacturers, can be said as independent contractors.
For business loans, the interest rate is fixed, and the Tata Capital firm decides this.
Yes, you can get a Business Loan without any collateral or security.
4% on the future principal outstanding on the existing loan+ Applicable taxes are charged. Also, no Foreclosure is allowed in the first 9 months.
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