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Calculate Your Vehicle Loan EMI
Disclaimer: The aforementioned values, calculations and results are for illustrative and informational purposes only and may vary basis various parameters laid down by Tata Capital.
Commercial Vehicle Loan Amortization Schedule
| MONTH | OPENING BALANCE | INTEREST PAID DURING THE MONTH | PRINCIPAL PAID DURING THE MONTH | CLOSING BALANCE |
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Merger Related FAQs
Both, Tata Capital Ltd (TCL) & Tata Motors Finance Ltd (TMFL) are Non-Banking Financial Companies (NBFCs) which are a part of the esteemed Tata Group.
The merger, upon approval by various stakeholders including our regulators, will be effective in 2025. We will notify you the exact effective date of the merger. You would be associated with a much larger organization which offers various products apart from just vehicle related financing (other products: Personal loans, business loans, home loans, etc.)
Individuals who meet the minimum age requirement of 18 years and possess the following valid KYC documents:
- Aadhar card
- Pan card
- Address Proof
- A valid mobile number for OTP verification
Payments to be made via RTGS/NEFT to below account.
For TMFL:
Bank Name: AXIS BANK
Account no: TMFLTD xxxxxxxxxx(10-digit loan account number)
Account Name: TATA Motors Finance Ltd.
IFSC CODE: UTIB0CCH274
For TMFSL:
Bank Name: Axis Bank
Account no: TMFSOLxxxxxxxxxx(10-digit loan account number)
Account Name: TATA Motors Finance Solutions Ltd.
IFSC CODE: UTIB0CCH274
The merger will come into effect once the National Company Law Tribunal (NCLT) passes an order approving the merger and certain regulatory filings are made thereafter (“Effective Date”). The Effective Date will be communicated to the stakeholders separately.
You will receive an SMS notification if you win the bid. Additionally, our representative will contact you.
