Tata Capital Commercial Vehicle Loans Online Application

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Commercial Vehicle Loans:
Loans available for New and Used vehicles

Key Features:
Loans from INR 1 lakh onwards
Loans for both new and used vehicles
Life insurance and personal accident cover
Relationship managers to assist you in all your loan needs
Presence in over 21 branches across the country

Eligibility Criteria:
All salaried individuals with a total employment stability exceeding 2 years.
Applicants should be above 24 years of age at the time of Home Loan commencement and up to the age of 65 or superannuation, whichever is earlier at the time of loan maturity.

Documents Required:
Salaried Individual:
Duly filled application form with a photograph attached to it
Identity Proof: Copy of Passport/Voter’s ID card/Driving License/AADHAR Card
Residence Proof: Copy of Ration card/Telephone or Electricity bill/Passport copy/Trade License/ Sales Tax Certificate
Latest 3 months Salary Slip
Form 16
Bank statements of last 6 months
Cheque for the processing fee should also be paid
Photocopy of the Company ID
Housing Loan Details(if any)
In case of Transfer of Home Loan, following documents are also required:
Sanction letter

Professionals:
Duly filled application form with a photograph attached to it
Identity Proof: Copy of Passport/Voter’s ID card/Driving License/AADHAR Card
Residence Proof: Copy of Ration card/Telephone or Electricity bill/Passport copy/Trade License/ Sales Tax Certificate
Latest 3 months Salary Slip
Form 16
Bank statements of last 6 months
Cheque for the processing fee should also be paid

Self Employed Individual:
Duly filled application form with a photograph attached to it
Identity Proof: Copy of Passport/Voter’s ID card/Driving License/AADHAR Card
Residence Proof: Copy of Ration card/Telephone or Electricity bill/Passport copy/Trade License/ Sales Tax Certificate
Latest 3 months Salary Slip

FAQs:
What are the documents required to change my communication/mailing address?
An application is required to change the communication address and the copy of the new address proof

Being an existing customer, can I apply for another loan?
Yes, you can apply for another loan.

Can I prepay my loan?
Yes, you can prepay but only after 6 months.

Can I prepay a part of my loan?
No, you cannot make part pre-payment.

How long does it take to get a loan?
It generally takes 2 days for you to get your two wheeler loan.

Do I need a guarantor?
No, you don’t need a guarantor.

Who can be the co-applicant for the loan?
Your Spouse or any blood relative staying in the same residence as yours can be a co-applicant.
Can the tenure and loan amount be changed after the loan amount has been disbursed?
Neither the tenure nor the loan amount can be changed.

Who can avail Two Wheeler loan from Tata Capital?
Salaried, Self-employed, partnership firm, public and private limited companies, HUFs and Trusts.
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