Tata Motors collaborates with the Indian Bank
Leading car manufacturer Tata Motors has entered into a tie-up with Indian Bank for financing its passenger vehicles in India. In past few months Tata Motors has made a series of tie-ups with some of the largest PSU banks like State Bank of India, Corporation Bank, Union Bank, Central Bank of India and now with Indian bank. Tata Motors is launching many passenger vehicles this year and Tata Nano is the most popular model among them. Tata Nano is due to launch on the day of 23rd of March.
Vikas
Published On Mar 19, 2009 15:52 IST
Published OnMar 19, 2009 15:52 IST
Last Updated OnMar 19, 2009 15:52 IST
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The Indian Bank has an all Indian presence with 1575 branches all across India. With these branches 470 sales touch points of Tata Motors will also provide loan assistance to Tata Passenger vehicle buyers. The Indian Bank provides loan of 85% of onroad price of the vehicle for a duration of 7 years. The Bank provides a loan of a rate of 11.5 %. By this tie-up customers will get both loan assistance as and vehicle dealer at a single window.
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<p>A totally people's person Vikas Yogi ventured into journalism 5 years ago. He started his career as a journalist for an online media agency, where he worked on few of their best online projects. Later on, he was given command of their entire content development division, where he single handedly managed and developed content for various domains ranging from Telecommunications, Electronics, Home Appliances, Fashion, Lifestyle to his favorite 'Automobiles'.</p>
<p>He has spent more than 3 years writing about the automobiles and being a car fanatic, he has got the right blend of enthusiasm and knowledge that is required to keep the readers' spirits up. Known for his wits and puns, Vikas is leading a team of journalists as an expert on automobiles but surely not limited to being one.</p>Read more
