TAB Capital Pvt. Ltd. Business Loan

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Business Loan

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    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.

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    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.

    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:

    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

    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.

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