The present disclosure describes a method, system, and a computer readable medium for extracting tabular data present in a document. The method comprises detecting presence of at least one table in the document using a deep learning based model and a statistical method. The method further comprises identifying a type of the table based on determining a count of horizontal and vertical lines, presence of outer borders, and presence of row-column intersections in the table. The type of the table comprises a bordered table, a partially bordered table, or a borderless table. The method further comprises processing the detected table, depending on its type, to identify one or more cells present in the table. The method further comprises generating an output file by extracting the tabular data present in the table, where the extracting comprises performing optical character recognition on the identified one or more cells.