Commercial Vehicle Loan Amortization Schedule
MONTH | OPENING BALANCE | INTEREST PAID DURING THE MONTH | PRINCIPAL PAID DURING THE MONTH | CLOSING BALANCE |
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Frequently Asked Questions
TMFL provides both short term and long term loans based on the business requirement. This may range from 30 days to 72 months
Incase you have opted for Insurance Provision, total amount towards subsequent renewals of insurance policy will be included in your monthly instalments. TMF will facilitate in renewal of the Insurance Policy and arrange to send the renewed policy for subsequent years well in advance before the expiry date, for a period equivalent to no of years provision taken in your loan. Policy renewal is subject to your loan being non-delinquemt at the time of renewal
Persons who fulfill minimum age criteria of 18 years.
Persons having below valid KYC documents.
- Aadhar card
- Pan card
- Address Proof
- Valid mobile number for OTP verification
Payment is to be done in Tata Motors Finance Ltd bank account through RTGS/NEFT
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
Dealers & Vendors of Tata Motors Limited, its subsidiaries & associates.