Tata Motors Partners with J&K Bank for Car Financing

Tata Motors has entered into an understanding with J&K Bank Ltd., for financing its passenger vehicle customers. J&K Bank will facilitate eligible customers of Tata cars & UVs with vehicle financing, at attractive rates, across all J&K Bank branches, in India. The loan facility will be extended up to 7 years, with maximum funding. According to Mr. Ramesh Dorairajan, Head Retail, Channel Finance & Insurance, Tata Motors, “We are happy to tie-up with J&K Bank as we will be able to leverage the vast network of the bank for retail financing.

Published On Sep 04, 2012 16:59 IST

Published OnSep 04, 2012 16:59 IST

Last Updated OnSep 04, 2012 16:59 IST

822 Views

Write a comment

This partnership will also help the bank to further strengthen its position in retail loan space. We are confident that our growing network will further drive this tie up.” Mr. SK Bhat, President, J&K Bank, said, “The tie-up with Tata Motors will open new vistas for both, the company and the bank. We want to enhance the car loan finance segment and extend the car finance at competitive rates with speedy disposal. We have been among top performers in passenger car financing and we will extend every possible support to Tata Motors’ customers."

Tata

VIEW ALL

Was this article helpful ?

Wajeeh

Raised in the Middle East, Wajeeh Khan spent most of his life in Doha, Qatar where he was originally educated in the field of communications and networking. He spent five years working and garnering experience in various fields including administration, insurance, sales and construction. However, Wajeeh has always had a deep seated passion for automotive writing, which has brought him back to his roots in India and although a fresher in the field, he is an obsessive enthusiast with an extreme and inquisitive nature and has his bases on the hows and whys of the functioning of a car, all covered. Armed with exceptional knowledge on the workings of the English language and his obsession for cars, he hopes to make a name for himself in the field of automotive journalism. Read more