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Tata Motors announces six-month EMI holiday for Nexon, Altroz and Tiago

Tuhin Guha  | Updated: July 08, 2020, 01:44 PM IST

Tata Motors has announced a new finance scheme for the Tata Nexon SUV, the Tata Altroz and Tiago hatchbacks. Under this scheme, customers will only need to pay the interest amount for the first six months of their loan tenure.

This new finance offer also allows customers to avail of zero-down payment and access up to 100 per cent on-road funding on a five-year loan tenure. This financing option is in collaboration with Karur Vysya Bank. Through another offer, customers can get long tenure loans of up to eight years on the Altroz, Nexon and Tiago. The Tigo hatchback will have EMIs starting from Rs 4,999, the Altroz from Rs 5,555 and the Nexon from Rs 7,499.

Interested customers can avail of these offers by visiting a Tata Motors dealership or on the company's website. Through Tata Motor's 'Click to Drive' portal, customers can enquire, request a test drive, make bookings and select their preferred financing option online.

Prices of the Tata Altroz start from Rs 5.29 lakh and goes up to Rs 9.34 lakh. The Tata Nexon SUV is priced from Rs 6.95 lakh to Rs 12.70 lakh while the Tata Tiago costs between Rs 4.60 lakh to Rs 6.60 lakh, all prices ex-showroom Mumbai.

Price (Ex-Delhi)
Starts Rs 4.6 Lakhs
Displacement
1199cc
Transmission
Automatic
Max Power(ps)
-NA-
Max Torque(Nm)
113
Mileage
-NA-
Price (Ex-Delhi)
Starts Rs 5.29 Lakhs
Displacement
1497cc
Transmission
Manual
Max Power(ps)
86
Max Torque(Nm)
200
Mileage
-NA-
Price (Ex-Delhi)
Starts Rs 6.95 Lakhs
Displacement
1497cc
Transmission
Automatic
Max Power(ps)
110
Max Torque(Nm)
260
Mileage
21.5 Kmpl
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