IDFC FIRST Bank vs Tata Capital at a glance
| Detail | IDFC FIRST Bank | Tata Capital |
|---|---|---|
| Loan provider type | Private bank | NBFC |
| Legal name | IDFC FIRST Bank | Tata Capital Ltd |
| Vehicle loans with a published rate | Car loan, Two-wheeler loan, Used car loan, Tractor loan | Car loan, Two-wheeler loan, Used car loan, Commercial vehicle loan |
| Car loan: published rate | From 8.99% | From 9.49% p.a. |
| Car loan: maximum tenure | 10 years (120 months) | 84 months (product page); rates page calculator shows 72 months |
| Two-wheeler loan: published rate | From 9%premium; from 10% commuter, mid-premium, EV | From 12.5% p.a. |
| Two-wheeler loan: maximum tenure | 60 months | 60 months |
| Used car loan: published rate | From 11.99%repurchase; from 13.99% refinance | From 10.49% p.a. |
| Used car loan: maximum tenure | 7 years (repurchase) | 72 months |
| Official website | idfcfirst.bank.in | tatacapital.com |
IDFC FIRST Bank vs Tata Capital car loan: rate, fees and tenure
Starting car loan rates as published: IDFC FIRST Bank from 8.99% and Tata Capital from 9.49%. IDFC FIRST Bank is lower at the starting rate, but the top of each range and your own credit profile decide what you are actually offered. IDFC FIRST Bank lists the longer maximum tenure (10 years (120 months)).
| Detail | IDFC FIRST Bank | Tata Capital |
|---|---|---|
| Product | New Car Loan | New Car Loan |
| Published rate | From 8.99% | From 9.49% p.a. |
| Rate basis | Fixed or floating (fees page references fixed-rate bookings and a rate-switch fee) | Fixed and floating options |
| Maximum tenure | 10 years (120 months) | 84 months (product page); rates page calculator shows 72 months |
| Maximum funding | Up to 100% of on-road price | Up to 100% on-road; loan up to Rs 5 crore |
| Processing fee | Up to 5% of loan amount (incl. GST) | Up to 2.95% of loan amount |
| Pre-closure / prepayment | 5% of principal outstanding + GST if booked on fixed rate; part-payment 5% + GST | 6% of principal outstanding within 12 months; 5% after 12 months (same for part-prepayment) |
| Other terms published |
|
|
| Official source | idfcfirst.bank.in idfcfirst.bank.in | tatacapital.com tatacapital.com |
EMI illustration: ₹10 lakh over 60 months
| Loan provider | Rate used | Monthly EMI | Total interest | Total repayable |
|---|---|---|---|---|
| IDFC FIRST Bank | 8.99% | ₹20,754 | ₹2,45,210 | ₹12,45,210 |
| Tata Capital | 9.49% | ₹20,997 | ₹2,59,818 | ₹12,59,818 |
Illustration only, at each loan provider's lowest published rate. It leaves out processing fees, GST, insurance and any other charges, and it is not an offer. Your approved rate may be higher.
Monthly EMI at other loan amounts (60 months)
| Loan amount | IDFC FIRST Bank (8.99%) | Tata Capital (9.49%) |
|---|---|---|
| ₹5 lakh | ₹10,377 | ₹10,498 |
| ₹10 lakh | ₹20,754 | ₹20,997 |
| ₹15 lakh | ₹31,130 | ₹31,495 |
| ₹20 lakh | ₹41,507 | ₹41,994 |
Read the full guide: Car loan · EMI calculator
IDFC FIRST Bank vs Tata Capital two-wheeler loan: rate, fees and tenure
Starting two-wheeler loan rates as published: IDFC FIRST Bank from 9% and Tata Capital from 12.50%. IDFC FIRST Bank is lower at the starting rate, but the top of each range and your own credit profile decide what you are actually offered.
| Detail | IDFC FIRST Bank | Tata Capital |
|---|---|---|
| Product | Two-Wheeler Loan | Two-Wheeler Loan |
| Published rate | From 9%premium; from 10% commuter, mid-premium, EV | From 12.5% p.a. |
| Rate basis | Not published | Fixed |
| Maximum tenure | 60 months | 60 months |
| Maximum funding | Up to 95% of on-road price | Up to 100% for loans up to Rs 2.85 lakh; up to Rs 15 lakh for premium/superbikes |
| Processing fee | Up to 5% (product page advertises zero processing fees) | Up to 4% + taxes |
| Pre-closure / prepayment | 5% of principal outstanding; part-payment 5% | Foreclosure 5% of principal outstanding; part-prepayment 5% of amount |
| Other terms published |
|
|
| Official source | idfcfirst.bank.in idfcfirst.bank.in | tatacapital.com |
EMI illustration: ₹1 lakh over 36 months
| Loan provider | Rate used | Monthly EMI | Total interest | Total repayable |
|---|---|---|---|---|
| IDFC FIRST Bank | 9% | ₹3,180 | ₹14,479 | ₹1,14,479 |
| Tata Capital | 12.50% | ₹3,345 | ₹20,433 | ₹1,20,433 |
Illustration only, at each loan provider's lowest published rate. It leaves out processing fees, GST, insurance and any other charges, and it is not an offer. Your approved rate may be higher.
Monthly EMI at other loan amounts (36 months)
| Loan amount | IDFC FIRST Bank (9%) | Tata Capital (12.50%) |
|---|---|---|
| ₹0.5 lakh | ₹1,590 | ₹1,673 |
| ₹1 lakh | ₹3,180 | ₹3,345 |
| ₹1.5 lakh | ₹4,770 | ₹5,018 |
Read the full guide: Two-wheeler loan · EMI calculator
IDFC FIRST Bank vs Tata Capital used car loan: rate, fees and tenure
Starting used car loan rates as published: IDFC FIRST Bank from 11.99% and Tata Capital from 10.49%. Tata Capital is lower at the starting rate, but the top of each range and your own credit profile decide what you are actually offered. IDFC FIRST Bank lists the longer maximum tenure (7 years (repurchase)).
| Detail | IDFC FIRST Bank | Tata Capital |
|---|---|---|
| Product | Pre-owned Car Loan | Used Car Loan |
| Published rate | From 11.99%repurchase; from 13.99% refinance | From 10.49% p.a. |
| Rate basis | Not published | Reducing balance; fixed EMI |
| Maximum tenure | 7 years (repurchase) | 72 months |
| Maximum funding | Up to 200% LTV of market value (Car N Cash refinance) | Up to 95% of car value (100% on select cars); loan up to Rs 50 lakh |
| Processing fee | Up to 5% of loan amount (incl. GST) | Up to 2.95% of loan amount |
| Pre-closure / prepayment | 5% of principal outstanding + GST; part-payment 5% + GST | 6% of principal outstanding within 12 months; 5% after 12 months (same for part-prepayment) |
| Other terms published |
|
|
| Official source | idfcfirst.bank.in idfcfirst.bank.in | tatacapital.com tatacapital.com |
EMI illustration: ₹5 lakh over 48 months
| Loan provider | Rate used | Monthly EMI | Total interest | Total repayable |
|---|---|---|---|---|
| IDFC FIRST Bank | 11.99% | ₹13,164 | ₹1,31,894 | ₹6,31,894 |
| Tata Capital | 10.49% | ₹12,799 | ₹1,14,365 | ₹6,14,365 |
Illustration only, at each loan provider's lowest published rate. It leaves out processing fees, GST, insurance and any other charges, and it is not an offer. Your approved rate may be higher.
Monthly EMI at other loan amounts (48 months)
| Loan amount | IDFC FIRST Bank (11.99%) | Tata Capital (10.49%) |
|---|---|---|
| ₹3 lakh | ₹7,899 | ₹7,680 |
| ₹5 lakh | ₹13,164 | ₹12,799 |
| ₹8 lakh | ₹21,063 | ₹20,479 |
Read the full guide: Used car loan · EMI calculator
IDFC FIRST Bank vs Tata Capital tractor loan: rate, fees and tenure
Only IDFC FIRST Bank publishes a rate for this product with a stated starting figure, so a like-for-like ranking is not possible. Tata Capital does not publish a tractor loan rate on its website, so none is shown.
| Detail | IDFC FIRST Bank | Tata Capital |
|---|---|---|
| Product | Tractor Loan | Not published |
| Published rate | 12% - 16%new; 16% - 20% used | Not published |
| Maximum tenure | 72 months (new); 60 months (used) | Not published |
| Maximum funding | ₹1-15 lakh (new); ₹1-5.5 lakh (used) | Not published |
| Processing fee | 1% of sanctioned amount | Not published |
| Pre-closure / prepayment | 2% of principal outstanding + GST | Not published |
| Official source | idfcfirst.bank.in | Not published |
Read the full guide: Tractor loan
IDFC FIRST Bank vs Tata Capital commercial vehicle loan: rate, fees and tenure
Only Tata Capital publishes a rate for this product with a stated starting figure, so a like-for-like ranking is not possible. Tata Capital lists the longer maximum tenure (imhcv up to 72 months; slcv and buses up to 60 months). IDFC FIRST Bank does not publish a commercial vehicle loan rate on its website, so none is shown.
| Detail | IDFC FIRST Bank | Tata Capital |
|---|---|---|
| Product | Commercial Vehicle Loan | Commercial Vehicle Loan (new and used) |
| Published rate | Not published | From 12% p.a.page meta description |
| Rate basis | Fixed | Not published |
| Maximum tenure | 60 months | IMHCV up to 72 months; SLCV and buses up to 60 months |
| Maximum funding | Up to 95% of on-road price | IMHCV up to 100% of ex-showroom; SLCV up to 94% of on-road; buses up to 100% of on-road |
| Processing fee | Not published | As per sanction letter |
| Pre-closure / prepayment | Not published | 4% of outstanding or Rs 5,000, whichever higher (excl. GST), with 30 days notice |
| Other terms published |
|
|
| Official source | idfcfirst.bank.in | tatacapital.com tatacapital.com |
Read the full guide: Commercial vehicle loan
Which is better: IDFC FIRST Bank or Tata Capital?
No loan provider is best for everyone. This is how the published figures split, product by product.
- Car loan, lower starting rate: IDFC FIRST Bank (8.99%) versus 9.49% at Tata Capital.
- Two-wheeler loan, lower starting rate: IDFC FIRST Bank (9%) versus 12.50% at Tata Capital.
- Used car loan, lower starting rate: Tata Capital (10.49%) versus 11.99% at IDFC FIRST Bank.
- Car loan, longer maximum tenure: IDFC FIRST Bank (10 years (120 months)). A longer tenure lowers the EMI but raises total interest.
- Used car loan, longer maximum tenure: IDFC FIRST Bank (7 years (repurchase)). A longer tenure lowers the EMI but raises total interest.
- Commercial vehicle loan, longer maximum tenure: Tata Capital (imhcv up to 72 months; slcv and buses up to 60 months). A longer tenure lowers the EMI but raises total interest.
Pick on total cost, not the headline rate: ask each loan provider for the Key Fact Statement and compare the APR and total repayable amount. A low rate with a high processing fee can cost more than a slightly higher rate with no fee.
Bank type and how each loan provider sets its rate
IDFC FIRST Bank is a private bank and Tata Capital is a nbfc.
What the loan providers' own pages say about how their rates are set:
- IDFC FIRST Bank car loan: Fixed or floating (fees page references fixed-rate bookings and a rate-switch fee).
- IDFC FIRST Bank commercial vehicle loan: Fixed.
- Tata Capital car loan: Fixed and floating options.
- Tata Capital two-wheeler loan: Fixed.
- Tata Capital used car loan: Reducing balance; fixed EMI.
Banks and non-banking finance companies (NBFCs) publish rates in different ways: some give a range, some only a starting rate and some only a maximum. That is why this page compares like with like and marks every gap as not published instead of guessing.
About IDFC FIRST Bank and Tata Capital
IDFC FIRST Bank
Private bank
Private bank pitching long tenures (up to 10 years on new cars) and high funding across new and used cars, two-wheelers, commercial vehicles and tractors, mostly on fixed rates.
Lowest published starting rate: 8.99% (Car loan)
Tata Capital
NBFC · Tata Capital Ltd
Tata Group's diversified NBFC; absorbed Tata Motors Finance (CV/PV financier for Tata Motors) in May 2025
Lowest published starting rate: 9.49% (Car loan)
What to check before you choose a vehicle loan
- Ask for the Key Fact Statement (KFS). RBI requires loan providers to give you one before you sign, showing the interest rate, all fees, the APR and the total amount you will repay.
- Compare APR, not the headline rate. Processing fee, documentation charges and insurance change the real cost.
- Ask about pre-closure charges. Fixed-rate vehicle loans often carry charges for paying early; floating-rate loans to individuals cannot.
- Check what is bundled. Insurance, extended warranty or accessories added to the loan raise the amount you pay interest on. You are free to buy insurance elsewhere.
- Confirm the hypothecation. The loan provider's name is noted on the registration certificate. After the last EMI, collect the NOC and have it removed at the RTO.
Terms used on this page
Plain meanings of the terms this comparison uses.
Starting rate: The lowest rate a loan provider advertises for a product. Most borrowers are offered a higher rate, because the final rate depends on credit score, income, employer and loan amount.
APR: Annual percentage rate. It adds the processing fee and other charges to the interest rate, so it shows the yearly cost of the loan better than the interest rate alone.
Key Fact Statement: A short summary the loan provider gives you before you sign. It lists the interest rate, every fee, the APR and the total amount you will repay. RBI requires it for retail loans.
Floating rate and repo rate: A floating rate moves with a benchmark, and for banks that is usually the RBI repo rate, the rate at which RBI lends to banks. A fixed rate stays the same for the period you agree.
Processing fee: A one-time charge for handling the application. It is usually a percentage of the loan amount plus GST, and it is often deducted before the money reaches you.
Credit score: A number from 300 to 900 that shows how you have repaid past loans and cards. A higher score usually gets you a lower rate.
Sources, method and last check
Every figure above comes from the loan provider's own website. We checked them on 4 October 2026 and list the pages used.
- IDFC FIRST Bank: idfcfirst.bank.in/personal-banking/loans/car-loan · idfcfirst.bank.in/personal-banking/loans/car-loan/fees-and-charges · idfcfirst.bank.in/personal-banking/loans/two-wheeler-loan · idfcfirst.bank.in/personal-banking/loans/two-wheeler-loan/fees-and-charges · idfcfirst.bank.in/personal-banking/loans/pre-owned-car-loan · idfcfirst.bank.in/personal-banking/loans/pre-owned-car-loan/fees-and-charges
- Tata Capital: tatacapital.com/vehicle-loan/car-loan.html · tatacapital.com/vehicle-loan/car-loan/interest-rates.html · tatacapital.com/vehicle-loan/two-wheeler-loan/rates-and-charges.html · tatacapital.com/vehicle-loan/used-car-loan/rates-and-charges.html · tatacapital.com/vehicle-loan/used-car-loan/interest-rates-and-charges.html · tatacapital.com/vehicle-loan/electric-two-wheeler-loan.html
Method: we list only figures we could find on the loan provider's official pages. A blank means the loan provider does not publish that figure, and we never estimate one. Rankings use the published starting rate and published maximum tenure only. Read our editorial policy, how we make money and tell us about an error.
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IDFC FIRST Bank vs Tata Capital: personal, home and other loans
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Frequently asked questions
Which is better for a car loan: IDFC FIRST Bank or Tata Capital?
IDFC FIRST Bank has the lower published starting car loan rate at 8.99%, against 9.49% at Tata Capital. IDFC FIRST Bank allows the longer maximum tenure (10 years (120 months)). A starting rate is the best case, not a typical offer, so confirm the annual percentage rate (APR) and total repayable amount in each loan provider's Key Fact Statement. Figures are as published on the loan providers' own websites and checked 4 October 2026. The better choice depends on your profile, the loan amount and the fees in your offer letter.
Which has the lower car loan interest rate: IDFC FIRST Bank or Tata Capital?
IDFC FIRST Bank has the lower published starting rate. Published starting rates: IDFC FIRST Bank 8.99% and Tata Capital 9.49% (checked 4 October 2026). Your actual rate depends on your credit profile and the loan provider's approval.
What is the processing fee on a car loan at IDFC FIRST Bank and Tata Capital?
IDFC FIRST Bank: Up to 5% of loan amount (incl. GST). Tata Capital: Up to 2.95% of loan amount. Fees can change and GST is usually extra, so check the Key Fact Statement.
What is the maximum car loan tenure at IDFC FIRST Bank and Tata Capital?
IDFC FIRST Bank: 10 years (120 months). Tata Capital: 84 months (product page); rates page calculator shows 72 months.
What is the EMI on a ₹10 lakh car loan at IDFC FIRST Bank and Tata Capital?
Over 60 months at each loan provider's lowest published rate: IDFC FIRST Bank about ₹20,754 a month at 8.99%; Tata Capital about ₹20,997 a month at 9.49%. This is an illustration that leaves out fees, GST and insurance. Your offered rate may be higher.
How much of the vehicle price can I borrow on a car loan from IDFC FIRST Bank and Tata Capital?
IDFC FIRST Bank: Up to 100% of on-road price. Tata Capital: Up to 100% on-road; loan up to Rs 5 crore. Funding is usually profile-based, so the loan provider decides the final amount.
What other terms do IDFC FIRST Bank and Tata Capital publish for a car loan?
IDFC FIRST Bank: Longest tenure among peers at 10 years; Online car marketplace. Tata Capital: Documentation charge up to Rs 1,999. Check each loan provider's page for eligibility and documents before you apply.
Can I prepay or foreclose a car loan early at IDFC FIRST Bank and Tata Capital?
IDFC FIRST Bank: 5% of principal outstanding + GST if booked on fixed rate; part-payment 5% + GST. Tata Capital: 6% of principal outstanding within 12 months; 5% after 12 months (same for part-prepayment). Floating-rate loans to individuals cannot carry pre-closure charges; fixed-rate loans often do.
Which vehicle loans do IDFC FIRST Bank and Tata Capital publish rates for?
IDFC FIRST Bank: car loan, two-wheeler loan, used car loan, tractor loan. Tata Capital: car loan, two-wheeler loan, used car loan, commercial vehicle loan. Based on each loan provider's own website, checked 4 October 2026.
Are the rates on this page the rate I will get?
No. They are the rates the loan providers publish, usually a range or a starting rate. Your approved rate depends on your credit score, income, loan amount, tenure and vehicle. Always read the Key Fact Statement before you sign.
Does KhatuLoans lend money or charge for this comparison?
KhatuLoans is not a loan provider. The loan provider decides approval, rate and terms. Our comparisons are free to read, and we are not paid by the loan providers named here to rank them. See how we make money on our advertiser disclosure page.
KhatuLoans is not a loan provider and is not paid by the loan providers named here to rank them. Rates, fees and prices change; always confirm with the loan provider and dealer. Read our editorial policy and how we make money.