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Accelerate your Dreams
Buying a new Tata car is an exciting experience for everyone. At Tata Motors Finance, we make sure the journey is seamless by ensuring that our customers can avail customized loan options that are fast, convenient, and hassle-free. Further enhancing the appeal, we also offer flexible interest rates and a wide spectrum of tenures for you to choose from.
We provide finance to all kinds of customers such as:
Salaried
Self Employed
Non-Individual Customers (Funding for companies, firms)
Features & Benefits
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Get finance upto 100%* on the ex-showroom price
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Avail personal use loan tenure 84 months and commercial use loan tenure upto 60 months
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Quick & easy loan disbursement with minimal documentation
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Customised finance options
Terms & Conditions Apply*
Eligibility Criteria
ITR Return (last 02 year) for Self employed and Form 16 for Salaried
Existing repayment track record with authorized financer, if applicable
Positive CIBIL
Any applicant who is Indian citizen between 18 to 65 years employment stability – 02 years
Last 6 months’ bank statements with credit narration related to ‘Salary’ for Salaried customers and 6 months bank statement for Self-employed
Documents Required
KYC Documents
(PAN Card, Passport, Voter ID Card, Driver’s License, Aadhaar Card)
Income Proof
(IT Returns, Bank Statements, Repayment Track Record, RC Copies of Existing Vehicles)
Vehicle-Related Documents
(Copy of RC & Insurance of New Vehicle, Vehicle Valuation Report & Other Details)
Additional Documents
(Exact Requirements May Vary Based on Customer Profile)
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Customer Testimonials
Here’s What Our Customers Have to Say!
A.S. Vadivalagan
It was a pleasure working with TMFL. Their employees had excellent coordination during the loan process, and I was impressed by the speedy and transparent processing....
Purnima
I was completely satisfied with my experience at TMFL. They have given me an opportunity to own a Tata Vehicle despite having minimal documentation available. What I...
Varanaasi
Taking a loan from TMFL was a great experience. They disburse loans fast and without any hassles throughout the process. I will definitely recommend them to anyone...
Frequently Asked Questions
The maximum amount of car finance that can be availed varies, depending on the credit worthiness of the applicant / co-applicant, and it is evaluated on the basis of supporting documents, e.g., Income Tax Returns, Bank Statements, CIBIL, FI, etc. (Subject to maximum of 100% of the car on-road price)
Yes. While it is possible to get upto 100% funding for your new car purchase, approval depends on the income and repayment capacity of the applicant (calculated widely on the basis of Income Tax Returns, Pay Slips, Bank Statements, Earlier & Existing Repayment History, Property ownership and/or other related documents if any)
The documents required for a car loan include KYC, Income Tax Returns, Pay Slips, Bank Statements, Earlier & Existing Repayment History, and more.
The interest rate offered varies from applicant to applicant, as it depends on applicant credit assessment.
The minimum turnaround time for loan sanctioning is 4 hours, subject to submission of complete pre-sanction documents.
