Nissan Customers to benefit from attractive funding options from Tata Capital

Nissan’s national sales company in India– Hover Automotive India - has announced a new preferential financier agreement with Tata Capital Financial Services Ltd making Nissan’s growing model range even more accessible to potential customers.

Hover Automotive India (HAI) is Nissan’s sole and exclusive Indian distributor. The tie-up with Tata Capital – one of India’s leading financial solutions providers – will prove attractive to both private and fleet customers, and dealers, nationwide.

Under the terms of the agreement, Tata Capital will offer attractive 100% ex-showroom funding on the purchase of Nissan models and salaried customers can avail loans without any proof of income.

Tata Capital will also offer maximum loans of up to 90% to fleet owners/operators and support all Nissan dealers with term loans and inventory funding for working capital needs. All auto loans will be provided to customers & dealers at prevailing market rates of 11 to 11.5%.

In addition, a range of flexible retail finance products will be introduced for various customer segments. Mr. Nitish Tipnis, Director – sales & marketing, HAI said, “The partnership with Tata Capital underlines Nissan’s commitment to make its cars affordable and accessible across all regions.”

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