TAB Capital Pvt. Ltd. Business Loan – Eligibility & Interest Rate- 2017

Business Loan

Tab Capital is a registered NBFC lending funds to the online traders and vendors. It extends the funds to meet the business- related expenses like expansion of business, purchase of equipment, increase inventory or to add a new product. The loan is provided up to the highest value of Rs. 1,00,00,000 and is to be repaid in the form of flexible EMIs.

The information regarding the rate of interest, tenure and EMI calculator is given below:

TAB Capital Business Loan Details

Interest RateCustomized 
Loan AmountUp to Rs. 1,00,00,000
TenureFlexible
Processing FeeAs per company's norms
Pre – Payment ChargesNil

How To Apply

The application process is speedy and hassle free. Login the company's website and click on the 'Apply Now' tab. Fill in the details in the online application form and enter the OTP sent on your mobile number. Click on the submit button. You can even upload the documents online.

TAB Capital Business Loan EMI Calculator

EMI Calculator is a mechanical device that helps you calculate your installment amount. Using the calculator you get to know the EMI amount you have to pay during the tenure you are opting for. It reveals the amount of interest charged on the loan amount you are willing to take. And gives a realistic estimate of the future payments. The functioning of the EMI calculator is quick and simple. The result is displayed spontaneously once the details regarding the loan amount, tenor and the rate of interest is  entered into the calculator.

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For Example-  For the loan of Rs. 50,00,000 availed for the period of 5 years at the rate of 15% p.a., a candidate has to pay an EMI of  Rs. 11,895.

Table Showing EMI, Total Interest Amount and Total Repayment

Loan Amount
(in Rs.)
Interest Rate
(p.a.)
Tenure
(in years)
EMI
(in Rs.)
Total Interest Amount
(in Rs.)
Total Repayment Amount (Principal + Interest)
(in Rs.)
50,00,00015%145129415505,41,550
50,00,00015%224243818405,81,840
50,00,00015%3173331,23,9766,23,976
50,00,00015%4139151,67,9386,67,938
50,00,00015%5118952,13,6987,13,698

Amortization Table

YearPrincipal
(in Rs.)
Interest
(in Rs.)
Balance Amount (in Rs.)Total Interest Amount
(in Rs.)
Total Repayment Amount (Principal + Interest)
(in Rs.)
172599701414,27,401415505,41,550
284266584743,43,135818405,81,840
397814449262,45,3211,23,9766,23,976
41,13,538292021,31,7831,67,9386,67,938
51,31,930109502,13,6987,13,698

Eligibility Criteria:

The company provides a business loan to the E- Commerce Merchant and Vendors.

Documents Required:

KYC Documents     
Copy of PAN Card
Passport Copy
Aadhar Card
Electricity Bill
Registered Rent Agreement

Income Documents

CategoryDocuments    
Partnership FirmsRegistered Partnership Deed, Shop Act, Udyog Aadhaar Memorandum, VAT Registration and other Registrations Applicable
Last 1 year bank statement of operating bank account
Details of all existing loans: Sanction Letter and Loan Account Statement for last 1 year
Brief Profile of the Promoters and Company / Firm
Private/ Public Limited CompanyMOA & AOA, Certificate of Registration, Shop Act, Udyog Aadhaar Memorandum, VAT Registration and other Registrations Applicable
Last 1 year bank statement of operating bank account
Details of all existing loans: Sanction Letter and Loan Account Statement for last 1 year
Brief Profile of the Promoters and Company / Firm
Self- EmployedLast 2 years Financials (IT Returns, Computation Sheet & Balance-sheet) and Proof of turnover vide latest sales / service tax returns and Invoice / Purchase Order Copy (for loan against receivables)
Last 1 year bank statement of operating bank account
Details of all existing loans: Sanction Letter and Loan Account Statement for last 1 year
Electricity Bill
Registered Rent Agreement
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Features and Benefits

  • Loans available for E- Commerce Merchant and Vendors
  • Attractive rate of interest
  • No foreclosure charges
  • Hassle free online process

Tab Capital Contact Number

To know more and inquire about the product you can use the various means of communication

Telephone – 91 (020) – 65809000

Fax – 020-41219000

E- mail

You can even fill the enquiry form available on the company's official website.

Tab Capital Branches

Tab Capital Pvt. Ltd. has spread its network in all major locations like Delhi, Mumbai, Pune, Chennai, Mumbai, Banglore and Indore.