Tata Motors Ties Up with Bank of India for Passenger Car Financing
Posted on March 7th 2009Welcome back!
Auto Major, Tata Motors has tied up with the Bank of India to provide financing facilities to its consumers for passenger cars.
According to press release, the new tie up will offer a single window for the cars as well as the car loans and this will give a good chance for the customers to buy the cars.
These financing facilities will be offered at all 3500 branches of the Bank of India and 329 sales touch-points of the company. Bank of India offers car loans up to 90% of invoice for loans up to Rs.10 lacs for a period of six years at a interest rate of 10.25% to 10.75%.
By editor in Auto Finance, Auto India News, Auto Industry News, Tata Motors