Tata Motors is India’s number one in commercial vehicles and one of the top four in the passenger vehicle market. Tata Motors Limited is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses.
Internationally, commercial and passenger vehicles manufactured by Tata are marketed and well received in countries spread across Africa, Middle East, South Asia, Southeast Asia, South America, Australia, CIS and Russia. In this case, Indian Bank, which has joined hands with Tata Motors, aims to provide personalized car loans to customers through the bank’s 5,700 branches.
Imran Amin Siddiqui, Executive Director, Indian Bank, is delighted to join forces with Tata Motors Passenger Vehicles Limited. With this we offer attractive and easy car financing options to their customers. We are committed to making the car financing experience more convenient and providing better services to Tata Motors customers,” he said.
And Indian Bank can now offer easy financing to customers mobilized through 310 Tata Motors dealers with over 1,000 touch points across the country, the statement said.
Ramesh Durairajan, Sr. General Manager, Passenger Vehicles, Tata Motors Limited said, “Through this tie-up with Indian Bank, our valued customers will get attractive interest rates and customized EMI options as per their needs. Tata Motors is an early mover in the EV segment. Rs. 12.4 lakh initial There are currently three models for sale at the price,” he said.
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