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TOP UP LOANS
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USED VIHICLE FINANCE
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LOAN TAKEOVER
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REFINANCING
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ELIGIBILITY
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RATES AND FEES
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DOCUMENTATION
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APPLICATION PROCESS
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Eligibility & Documentation
PASSENGER CAR LOANS
 

Type of products

  • New Vehicles
  • Used Vehicle /Refinance

SALARIED INDIVIDUALS

Eligibility Criteria:

  • Minimum age of Applicant: 21 years
  • Maximum age of Applicant at loan maturity: 60 years
  • Minimum employment: 1 year from date of joining

Documents required:

  • Proof of Identity:- Passport , Photo Credit Card, PAN Card, Voters Id car, driving license, Employee ID issued by Government of India, PSU, Limited companies, Local Panchayat ID card, Notary certification with Photograph.
  • Income Proof: - Latest salary slip with form 16.
  • Address Proof: - Lease Agreement, Ration card, Driving license, House Tax Challan, Housing Society Bill, Voters card, passport, telephone bill, electricity bill, Water Tax Challan, Telephone Bill / WLL Connection, Credit Card Statement, Post Paid mobile bills (2 bills required - bill of the last completed month and of 6 month before the last completed month), PAN Card, Bank Certification / Statement duly certified by the bank in original, Gas Connection Bill.

SELF EMPLOYED

Eligibility Criteria:

  • Minimum age of Applicant: 21 years
  • Maximum age of Applicant at loan maturity: 70 years
  • Minimum employment: At least 2 years in business

Documents required:

  • Proof of Identity:- Passport, PAN Card, Voters Id car, driving licence,Latest Sales tax assessment order, Sale tax registration certificate.
  • Income Proof:- Latest ITR
  • Address Proof:- The documents collected towards identity proof to reflect the current address of the concern/firm

PARTNERSHIP FIRMS

Eligibility Criteria / Documents required:

  • Proof of Identity:-Partnership deed, Shop & Establishment Act certificate, Latest Sales tax assessment order, Sale tax registration certificate.
  • Income Proof:- Audited balance sheet, Profit & loss Account for latest two years and the latest 2 years IT returns of the company
  • Address Proof:- The documents collected towards identity proof to reflect the current address of the concern/firm

PRIVATE LIMITED COMPANY

Eligibility Criteria / Documents required:

  • Proof of Identity:- MOA & AOA (with registration certificate)
  • Income Proof:- Audited balance sheet, Profit & loss Account for latest two years and the latest 2 years IT returns of the company
  • Address Proof:- The documents collected towards identity proof to reflect the current address of the concern/firm
COMMERCIAL VEHICLE LOANS

Type of products

  • New Vehicles
  • Used Vehicle /Refinance
  • Top up loan.

Eligibility

  • Any individual / Partnership firm / company with more than 2 years business experience.
  • Funding extended to First Time User, Transporters and Captive Consumers.

Documents required:

  • Proof of Identity:- Passport , Photo Credit Card, PAN Card, Voters Id card, Driving license.
  • Address Proof: - Lease Agreement, Ration card, Driving license, House Tax Challan, Housing Society Bill, Voters card, passport, telephone bill, electricity bill, Water Tax Challan, Telephone Bill / WLL Connection, PAN Card, Gas Connection Bill
  • Address Proof:- The documents collected towards identity proof to reflect the current address of the concern/firm
CONSTRUCTION EQUIPMENT FINANCE

Type of products

  • New Equipment Finance (for Road construction,Mining and Infrastructure projects)
  • Used Equipment Finance
  • Operating Lease's.

Eligibility

  • Any individual / Partnership firm / company with more than 2 years business experience.
  • Funding extended to First Time User, Contractors and Captive Consumers.

Documents required:

  • Proof of Identity:- Passport , Photo Credit Card, PAN Card, Voters Id car, driving license, Employee ID issued by Government of India, PSU, Limited companies, Local Panchayat ID card, Notary certification with Photograph.
  • Address Proof: - Lease Agreement, Ration card, Driving license, House Tax Challan, Housing Society Bill, Voters card, passport, telephone bill, electricity bill, Water Tax Challan, Telephone Bill / WLL Connection, Credit Card Statement, Post Paid mobile bills (2 bills required - bill of the last completed month and of 6 month before the last completed month), PAN Card, Bank Certification / Statement duly certified by the bank in original, Gas Connection Bill.
  • Address Proof:- The documents submitted towards identity proof to reflect the current address of the concern/firm.

How to Obtain finance from TMF - The No. 1 financier in the country for Tata Vehicles -

  • You select the model from the various categories of TATA vehicles and estimate the finance amount based on the repayment period as also your capacity.
  • Our branch personnel will tell you about the various schemes. Select the one which is most convenient to you. Once approved, you can make the Margin payment (depending on the finance amount).
  • Once the payments are made, delivery order for the vehicle is made out and the vehicle of your choice is delivered to you by the respective dealer.
 
DISCLAIMER : TMF Reserves the right to issue loans at its discretion.
 
Loan Required For
 
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Commercial Vehicles
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Passenger Vehicles
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Construction Equipment
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