Tata Motors has announces new finance schemes for its passenger cars

Team OD Updated: August 07, 2021, 04:52 PM IST

Under the collaboration with Tata Motors, Sundaram Finance will provide up to 100% finance for the new forever range of Tata Motors for up to a tenure of 6 years. Along with that, under the "Kisan Car Scheme", farmers can pay instalments once every 6 months during the season of harvesting. The flexible loan repayment schemes have been the talk of the town ever since the pandemic stuck our lives.

Commenting on the announcement, Mr Rajan Amba, Vice President, Sales and Marketing, Tata Motors said, We, at Tata Motors, have always been committed to supporting our customers at all times. The recent Covid-19 upsurge has impacted everyone and to help our passenger car family in these challenging moments, we are delighted to be partnering with Sundaram Finance to roll out special finance schemes. This is in alignment with our constant effort to fast track the availability of safe personal mobility solutions to individuals and families at pocket-friendly rates. We hope that these offers will boost customer morale and make the process of purchasing a car more convenient.

It is worth noting that the finance scheme is valid on the whole range of Tata cars, except for the Tata Nexon EV. The Nexon EV is already under the incentive benefits of FAME 2 deductions. Moreover, Tata has also set up a comprehensive "Business Agility Plan" to secure the interests of its customers, dealers and suppliers.

Text by Amit Saraswat

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Tata Nexon 2020 Full Spec

Price (Ex-Delhi)
Starts Rs 6.95 Lakhs

Displacement
1497cc

Transmission
Automatic

Max Power(ps)
110

Max Torque(Nm)
260

Mileage
21.5 Kmpl