Those who buy Tata Motors vehicles will get loans easily, the company has tied up with BoI

Tata Motors: If you are also planning to buy a Tata Motors vehicle, then now you will easily get a loan. Tata Motors will get the option of loan to its passenger vehicles. The company has partnered with Bank of India for this. Tata Motors has signed a Retail Finance MoU with Bank of India.

will get the benefit of interest
Under this partnership, BoI will provide loans to Tata Motors customers at an interest rate starting from as low as 6.85 per cent, the company said in a statement.

EMI option will also be available
Apart from this, maximum 90 percent of the total cost of the vehicle will be given on loan under this scheme, which will also include insurance and registration. The company said customers can also opt for monthly installments (EMIs) starting at Rs 1,502 per lakh on a repayment tenure of seven years.

Know what Rajan Amba said?
Rajan Amba, Vice President, Passenger Vehicles Business Unit (Sales, Marketing, Customer Care), Tata Motors said, “This partnership is in line with our ‘Finance Easy Festival’, in which we partner with multiple financing partners across India to To make the ownership of cars accessible.

customers will get benefit
Under this partnership, buyers of the new Forever range of conventional cars and SUVs will benefit, the statement said. Apart from this, customers buying electric vehicles in the personal segment across the country will get the benefit of this offer.

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