Finance Archives

In the trying times of the pandemic, leading automobile brand, Tata Motors is promoting personal mobility solutions by offering easy financing, affordable EMIs, long tenure loans and special offers for frontline workers across healthcare, public and essential services. The package offers are available on Tata’s ‘New Forever’ range of passenger vehicles including hatchbacks, sedans and SUVs such as the Tata Altroz, Tiago, Tigor, Harrier and the Nexon. Tata Motors along with its dealer partners in Mumbai and Thane - Keshva Motors, MYDSM Global Services Pvt. Ltd., Puneet Automobiles Pvt. Ltd, Wasan Motors Ltd, Heritage Motors Pvt. Ltd, Fortune Cars Pvt. Ltd, Inderjit Cars Pvt. Ltd. and Sudarshan Motors are inviting customer by offering customer-centric finance options on the New Forever range of passenger cars mentioned above. The company has introduced multiple finance options such as low EMI options as low as INR 899 per month per lakh depending on the scheme option and product variant, where customers will be able to acquire Tata cars without having the burden of large instalments. Tata Motors is also offering schemes with a maximum tenure of up to 96 months, on select products in partnership with various financers. The brand is also offering Step-up EMI scheme from Tata Motors Finance (TMF), valid on the Tiago and Tigor available at a starting EMI of INR 1000 per month per lakh for the first 6 months, gradually increasing over a maximum tenure of 5 years. Tata is also offering two additional options while paying their final EMI. Customers can either choose to pay the last bullet EMI in full (approximately INR 90,000 on a loan of INR 5 Lakhs) and take full ownership of the vehicle or choose to refinance the final EMI again from TMF. Additionally, Tata Motors is also offering a maximum benefit of up to INR 70,000 on purchase of its cars, depending on the model and variant. For more information, customers can contact Mumbai and Thane dealerships or log-on to the brand’s official website.