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Tata Motor Car Loans

Get attractive Car Loans with Low Down Payment and Low Interest Rate. Get Loans for buying New/Used Cars. Read our Car Loan Tips and fill up a simple Car Loan Application Form and Relax!

PASSENGER CAR LOANS

Type of products

• New Vehicles
• Used Vehicle /Refinance

Salaried Individuals

Eligibility Criteria:

Minimum age of Applicant: 21 years
Maximum age of Applicant at loan maturity: 60 years
Minimum employment: 1 year from date of joining

Documents required:

Proof of Identity:- Passport , Photo Credit Card, PAN Card, Voters Id car, driving license, Employee ID issued by Government of India, PSU, Limited companies, Local Panchayat ID card, Notary certification with Photograph.
Income Proof: - Latest salary slip with form 16.
Address Proof: - Lease Agreement, Ration card, Driving license, House Tax Challan, Housing Society Bill, Voters card,passport, telephone bill, electricity bill, Water Tax Challan, Telephone Bill / WLL Connection, Credit Card Statement, Post Paid mobile bills (2 bills required - bill of the last completed month and of 6 month before the last completed month), PAN Card, Bank Certification / Statement duly certified by the bank in original, Gas Connection Bill.

SELF EMPLOYED

Eligibility Criteria:

Minimum age of Applicant: 21 years
Maximum age of Applicant at loan maturity: 70 years
Minimum employment: At least 2 years in business

Documents required:

Proof of Identity:- Passport, PAN Card, Voters Id car, driving licence,Latest Sales tax assessment order, Sale tax registration certificate.
Income Proof:- Latest ITR
Address Proof:- The documents collected towards identity proof to reflect the current address of the concern/firm .

PARTNERSHIP FIRMS

Eligibility Criteria / Documents required:

Proof of Identity:-Partnership deed, Shop & Establishment Act certificate, Latest Sales tax assessment order, Sale tax registration certificate.
Income Proof:- Audited balance sheet, Profit & loss Account for latest two years and the latest 2 years IT returns of the company
Address Proof:- The documents collected towards identity proof to reflect the current address of the concern/firm

PRIVATE LIMITED COMPANY

Eligibility Criteria / Documents required:

Proof of Identity:- MOA & AOA (with registration certificate).
Income Proof:- Audited balance sheet, Profit & loss Account for latest two years and the latest 2 years IT returns of the company
Address Proof:- The documents collected towards identity proof to reflect the current address of the concern/firm

Rates are structured depending upon the following criteria

You select the model from the various categories of TATA vehicles and estimate the finance amount based on the repayment period as also your capacity
Customer's past track record with TMF
Existing asset details
Geographical location of the customer
Vehicle under finance