Tata Motors collaborates with Central Bank of India

India's leading car manufacturer Tata Motors is now collaborating with Central Bank of India for financing its passenger vehicles. Before this Tata Motors has created collaborations with SBI (State Bank of India) and Corporation Bank.

Central Bank of India is one of India's major market player in vehicle financing. It has around 3500 branches across India. This bank gives loan up to 85% on onroad price. The 329 sales touch point of Tata Motors will also included in this arrangement. The employees of these sales touch points will help in loan application submission.

Tata Motors has recently  collaborated with SBI for  financing its most awaited vehicle Tata Nano. This collaboration has same arrengements as  Tata Moters and Central Bank has in new colleboration.

Read More on : Tata Nano 2013