Tata Motors collaborates with SBBJ

In the series of tie-ups with Many PSU banks Tata Motors has added one more name by entering into a tie-up with State Bank of Bikaner and Jaipur. This tie-up will help Tata Motors to properly finance Tata vehicles, both passenger as well as commercial. Tata Motors entered in to an understanding with SBBJ for providing a single window to its customers for car as well as car loans. Before this Tata Motors has made a collaboration with many PSU banks like State bank of India, Union Bank of India, Corporation Bank of India and Central Bank of India.

This tie-up will Tata Motors to market its most awaited car model Tata Nano. The SBBJ has an all India presence with 860 branches all across India. The SBBJ provides loan of 85% of on-road price for a duration of 7 years. The facility is also includes 470 Sales Touch Points of Tata Motors which in collaboration with SBBJ will provide assistance to loan seekers in loan application process.

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