TATA Capital :- One Pager

PL Normal Salaried
Product Parameter Super Cat A &
Cat A & Govt Employees Cat B Cat C
TGE
Target Customer All Salaried Profile
Max Tenure 72 months (for Salary >30K) 60 months
Min Age 1. 21 years in SCAT-A, CAT-A, Govt, CAT-B and CAT-C
2. 25 year in CAT -U
Max Age 58 years or retirement age whichever is later at the last EMI up to max. 65 years
Minimum Residence Stability Min 6 months stability in Current Residence
Current Employment Stability Min 12 months
Total Employment Stability i) 24 months
i) Current Employment Stability :- Document proof not required for applicant
whose age is >=26 years With Cibil score 750 ,income >50 k , and LA > 2 Lakh
(other than GL, LAS, LAFD, CD, TW, Education Loan) with open date more than 2
years old.
* Total Job stability proof is not required if the customer has any tradeline in
individual capacity
With Cibil score 750 ,income >50 k , and LA > 2 Lakh (other than GL, LAS, LAFD, CD,
TW, Education Loan) with open date more than 2 years old.
Min Income (Net Salary) TGE, SCAT-A,CAT-A,Govt,CAT-B,CAT-C :-
25k for PL 50 K for Hybrid term Loan in All Category
Unapproved Companies ( CAT-U) :- 40k For
PL
Salary Bonus 70% of average of last 2 Gross Bonus can be incorporated in salary
for calculating eligibility provided bonuses are regular in nature.
Bonus can be Annual or Half yearly.
Salary Slip for bonus months to be documented to calculate Gross Bonus amount.
Bonus amount should not exceed more than 15% of NMI
Min Loan amount Rs.75,000
Max Loan amount Rs 35 Lakhs ( TGE,SCAT-A,CAT-A & Govt ) Rs 25 Lakhs (CAT-B,CAT-C) Rs 10 Lakhs (
CAT-U)
Cibil 725
Additional Norms for LA > 25 i) Credit Life Insurance to be mandatorily taken.
Lakhs ii) No deviation on eligibility norms (FOIR & Multiplier)
iii) Min monthly salary Rs 1.50 Lakhs required.
Max No. of BTs Max 6 BTs allowed (incl. Credit Card BT)
Recent Funding No loans from TCL in the last 3 months excluding CC
No loan taken in last 3 months excluding CC- (excluding internal TW) for internal
customers (Pre-Approved)

Max o/s of CC a)Cumulative CC o/s not more than 6 times of monthly salary at the time of
login
b) Cumulative CC o/s considered as per cibil can be mitigated if same is less
than 6 times of monthly NTH with a substantial valid proof
Cibil Velocity i) Not more than 6 PL enquiries reported in the last 30 days
 TATA Capital’s USP of Salaried Personal Loan

1. We are Taken 5 Credit Card BT :-

 Normal Transections
 Insta loan on CC
 Jambo Loan on CC
 EMI conversion on CC

2. BT Program in Hybrid term Loan :- with Program of 2+5 ( 84 Months) , 1+4 ( 60 Months ) , 1+5 ( 72 Months)

For Example :- in 2+5 :- 24 Months Interest only and 60 Months Dropline ( D0D)

 OD BT
 PL BT
 CC BT
 Jambo Loan BT

3. BT Program in Term Loan :- For 72 Month Tenure with 72 Month Eligibility

 OD BT
 PL BT
 CC BT
 Jambo Loan BT

4. Taken Multiplier on Net in hand Salary ( We are not Deducting Obligation from In hand Salary to check
eligibility in Multiplier ) :-

Multiplier Grid for the calculation on above 49 Month tenure

5. FOIR Grid :- Max 75% Best in PL Industry :-

Max
Salary Band FOIR
> 25 k & < 50
K 60%
>50 K & 75 K 65%
> 75K 75%

6. “While evaluating the loan application, we do not factor in the number of active loans the customer may
have, regardless of whether it is two, three, or more.”

7. “There is no EMI obligation on the credit cards from which we have taken BT.”

8. “The Customer will be eligible for a top-up after 90 Days, and the DSA can also resubmit the file for the top-
up at that time.”