Tata Motors collaborates with State Bank of Patiayala
Published On Mar 12, 2009 12:03 PM By CarDekho for Tata Nano
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India's one of the largest car manufacturers Tata Motors has entered in a tie with up State Bank of Patiala to finance its passenger car vehicles. According to news reports the Tata Motors entered into an understanding with State Bank of Patiala to provide car loans for its passenger car vehicles. State Bank of Patiala will provide loan on a wide range of Tata vehicles. Currently State Bank of Patiala provides loan up to 85% on on-road price of the vehicles. The bank provides loan for the duration of up to 7 years. Tata Motors launching its most popular model Tata Nano on 23rd of March and this tie-up will help Tata Nano Buyers in gatting vehicle finance.
The facility will be available on the all branches of State Bank of Patiala And all 329 sales touch points of Tata Motors. By this collaboration the customers of Tata Motors will find car as well as car loans at a single window. The employees of Tata Motors will provide help to buyers of Tata Vehicles ,the Sales Touch points of Tata Motors Will also provide help in submitting loan application by the customers.
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