Karur Vysya Bank on Thursday, July 9, partnered with Tata Motors to provide attractive car loan deals to its customers. The agreement took place in Coimbatore, as KVB plans to leverage the gigantic car retail network of Tata motors. The bank itself has 779 branches in 22 states and union territories. This will make it easier for the customers to avail of auto loans.
Car Loan: Features
This new deal will extend to both new and existing customers and is applicable to both salaried and self-employed. This special deal provides the Tata Motors’ customers with features such as a six-month moratorium period, 100 per cent on-road finance, and appealing interest rates.
The scheme however only extends to three models – Tata Tiago, Tata Nexon, and Tata Altroz.