Term Loans
Tata Capital Term Loans are designed to help you meet all your business requirements and fund your business expansion and growth.
At Tata Capital, we recognize the importance of having a healthy operating liquidity and working capital for achieving your business objectives and goals. Working Capital Demand Loans from Tata Capital provide the perfect flexibility to meet the cash flow requirements of your business. Especially for SMEs and start-ups, generating a steady stream of income is of utmost importance for business sustainability. A Working Capital Demand Loan will ensure that you meet your expenses on time and daily business operations continue to run smoothly.
With Tata Capital Working Capital Demand Loans, get access to easy finance, which can be used to pay for additional expenses, employees, rent, mortgage payments, utilities, marketing expenses, purchasing inventory, or meeting other short-team financial obligations with ease.
Default in payment of interest and/or principal amounts, Below charges on the defaulted amount
Overdue Days | Penal Charges |
---|---|
1-30 days | 4% p.a |
31-60 days | 8% p.a. |
61- 90 days | 12% p.a. |
Greater than 90 days | 24% p.a |
(ii) Dishonour Charges: Rs. 670/- (Rupees Six Hundred and Seventy Rupees only) for every Cheque/ Payment Instrument/ ECS Dishonour.
(iii) Non-creation/perfection of security: @ 2% on the outstanding principal amount will be charged for the period of delay in respect of delayed/non-submission of security/collateral related documents and non-perfection of security.
*Charges to be paid along with applicable Tax
Description | Periodicity | Penalty Amount |
---|---|---|
Delayed/non submission of stock statement | To be submitted Quarterly by 10th of every Calendar Quarter. | Additional one time charge of Rs 20,000/- per Quarter |
Delayed First Insurance cover note and non renewal of Insurance on due date |
First Insurance:- within 30 days from disbursement date. Renewal : as and when due |
Additional one time charge of Rs 20,000/- per financial year |
Non adherence of financial covenants’ of sanction letter | At the time of Review /Renew of account | Additional one time charge of Rs 20,000/- per financial year |
Documentation charges | Rs 5,000/- | |
Stock Audit charges | Rs 5,000/- | |
ROC and CERSAI filling | Rs 5,000/- | |
Valuation charges | As per actuals | |
TSR fees / Title search fees | As per actuals | |
Security trust fees | As per actuals |
Charges to be paid along with applicable Tax
Here’s why you should choose Tata Capital to get a Working Capital Demand Loan for your business:
At Tata Capital, we provide several types of working capital loans to cater to the precise needs of business owners. You can choose from the following working capital solutions:
Accessibility Menu
Reset
Blindness
Optimise website for screen readers
Dyslexia
Optimise website for screen readers
Visually Impaired
Enhances website’s visual
Cognitive and Learning
Assists with reading & focusing
Epilepsy
Clear flashes & reduces color
ADHD
More focus & fewer distractions
Adjust Text Colors
Reset
Adjust background Colors
Reset
Hover on content for start reading.
×Page Structure
×Dictionary
×Meaning of selected word show here.
Virtual Keyboard
×