Tata Motors in colaboration with Corporation Bank for car lone

Tata Motors Indias leading car manufacturer has colaborated with Corporation Bank for financing its vehicles in India. This news came after Corporation Bank decreased its car loan rates. Corporation Bank has also increased its loan limit upto 85% of on road price and also claimed to finish process of loan application within 7 days of application.

Corporation Bank has 1,073 branches across the country. All these branches will involved in the process of financing Tata Motors passenger vehicles. 329 Sales Touch Points of Tata Motors will also involve in this process. The dealers will also trained in helping buyers in submitting loan application and loan process.

The colaboration is also includes promotional activities of both organizations. In the process of promotion both Tata Motors and Corporation Bank will display each others products and schems in their permises.