Business Loans By Tata Capital
Expand your Business today, pay as you grow of Tata Capital .
We understand that expanding and growing your business is the dream of every entrepreneur. At times, you may require an urgent flow of finance to fuel the growth of your enterprise. Our Business loans are designed just for that. Customized with Flexi EMI options, that let you pay as you grow.
Key Features for Tata Capital
No Guarantors & No Collaterals
You don't need to provide any Guarantors or give any collateral to avail our Business Loans.
• Flexi EMI Option
Avail Flexi EMIs with Step Up, Step Down and Bullet repayment options to suit your Cash flows.
• Preapproved Offers
Our existing customers can avail exclusive preapproved offers on business loans from time to time based on their eligibility.
• Online Account Access
Now you have access to all the information about your loan like interest certificate, repayment track, payment schedule etc. Just by logging in with your loan account number you can have access to all the information you would want about your loan.
Flexi EMI Business Loans of Tata Capital
When it comes to expanding your business, having multiple repayment options that suit your financial situation help. When you take a Flexi EMI Business Loan with Tata Capital, you have the freedom to repay your way.
Step Up Flexi EMI plan
This plan allows you to increase your fixed monthly EMIs every year to match the surge in your cash inflow. This gradual annual increase helps you repay your loan without taxing you financially.
Is it ideal for me?
If your EMIs are eating into your cash reserves, this plan will give you the much-needed relief. It gives you the freedom to increase your EMI along with the rise in your revenues.
Step Down Flexi EMI plan
This plan allows you to start repaying your loan with a higher EMI and lower it year after year. Meaning, you can repay faster and save up on finance costs.
Is it ideal for me?
Opt for this plan if you have substantial cash reserves. It is especially ideal if you do not wish your EMIs to affect your long-term cash flows.
Bullet Flexi EMI plan
This plan allows you to prepay your loan in parts at periodic intervals. These periodic payments will help lower your EMI considerably. Moreover, no charges will be levied on your prepayments.
Is it ideal for me?
If you are expecting seasonal spikes in business or surplus cash reserves at periodic intervals, this plan is apt for you.
Important Information for Tata Capital
Recently there have been cases of fraud being committed under the name of Tata Capital or Tata Finance. Customers are requested to read the attached advisory and be aware of misleading advertisements in the newspapers.
Tata Capital Limited is a subsidiary of Tata Sons Limited. The Company is registered with the Reserve Bank of India as a Systemically Important Non Deposit Accepting Core Investment Company and offers through itself and its subsidiaries fund and fee-based financial services to its customers.
Tata Capital Financial Services Limited ("TCFSL") is a subsidiary of Tata Capital Limited. The Company is registered with the Reserve Bank of India as a Systemically Important Non Deposit Accepting Non Banking Financial Company (NBFC) and offers fund and fee-based financial services to its customers, under the Tata Capital brand.
A trusted and customer-centric, one-stop financial services provider, TCFSL caters to the diverse needs of retail, corporate and institutional customers, across various areas of business namely the Commercial Finance, Infrastructure Finance, Wealth Management, Consumer Loans and distribution and marketing of Tata Cards.
TCFSL has over 100 branches spanning all critical markets in India.
Get totally unsecured loan of 20 times of your net profit with the help of our team of Chartered Accountants.
Only requirement: 3 years ITR and turnover of 1 cr+. No collateral required.
Repayment Period: 1-5 years
Interested? Call us at +91-9911050333 or fill the form on the right
What is Business Loan?
Business loans, as the name suggests, are specifically intended for business purposes. Be it a startup or an established business, business loans offer a financial solution to problems faced by the firm and fills the cash flow gap. Be it for meeting day-to-day expenses, expansion of infrastructure or even product development, business loans play a huge role in setting the financial foundation strong for a business.
Characteristic of Business Loan
- Businesses with bad credit can also apply but will have to provide proof that repayments can be done without delay.
- Application fees are either non-applicable or minimal
- The payment schedules are extendable with a nominal extra interest rate being applied
- Extended lines of credit made available
Eligibility Criteria for Business Loan
- Minimum 25 years of age and maximum 65
- The business should have been in profit for atleast 3 years
- A minimum turnover of 40 Lakhs for proprietorship, partnership firm and Pvt Ltd companies.
- Income Tax return should be a minimum of 3 Lakhs
- Net worth should be positive.
Who all can avail business loans?
- Self Employed Individuals/Professionals
- Sole Proprietorship Firms
- Partnership Firms
- Private Limited Companies
What documents are needed when applying for a business loan?
- Identity Proof
- Address Proof
- Bank Statement for past 6 months
- 3 years Income Tax Return with Balance Sheet, P&L and Audit Report
What are the tenure options available?
A minimum of 1 year to a maximum of 5 years.
Can I make part-prepayment?
Yes. Part pre-payment can be done with a minimum amount of Rs.50,000/- after 6 months from the date of disbursement of the loan. This can be made only once in a financial year.
Can I pre-pay my whole loan?
Yes. That is also possible, but after repaying a minimum of 6 EMIs. Pre-payment of loans will be charged as per the bank’s discretion.
How can I repay the loan?
The loan can be repaid through post-dated cheques or Electronic Clearing System.