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Tata Motors offer 6-month EMI holiday on select cars

Nizam Shaikh
Written by Nizam Shaikh

Tata Motors has announced new finance schemes on the brand’s much-popular Tata Tiago, Nexon and Altroz which allows the customer to make zero down payment and avail a 6-month holiday. The brand is also offering up to 100% on-road funding for a loan tenure of 5 years. The finance schemes on these Tata cars have been available through Karur Vysya Bank (KVB), to salaried and other eligible self-employed persons. 

Tata Motors has launched this new finance scheme to help new customer acquire Tata cars with ease, as personal mobility has become a crucial part of a safe mobility solution with more affordable and accessible to individuals and families to help social distancing norms. 

Additionally, the brand is also offering new finance packages and affordable step-up EMIs on long tenure loans of up to 8-years. The finance packages are available on the brand’s premium hatchback the Tata Altroz for INR 5,555 as starting EMI, the Nexon SUV EMI starting at INR 7,499 and the Tiago hatchback at a starting EMI of INR 4,999. 

Earlier, Tata Motors has also offered its customers to avail up to 100% on the road funding on the entire range of cars and SUVs as well as availing long term tenure that can be up to 8 years lowering the amount of monthly EMI payment. Furthermore, the brand has offered special benefits of up to INR 45,000 to support the brave COVID-19 frontline warriors (doctors, healthcare professionals, essential service providers and police) on all Tata Motors cars and SUVs except the Tata Altroz.

The brand has resumed operations on under new resumption guidelines and with permissions from relevant authorities. Tata Motors has also launched the new contactless digital sales platform ‘Click to Buy’ that allows customers to explore Tata cars online and book the same from the safety and security of their homes. Test drives are also being offered on-demand at the customer’s preferred location with completely sanitised vehicles and maintaining social distancing norms.