Tata Motors and IndusInd Bank announce a new scheme ‘Step Up’ to provide low EMI options, high LTV ratio, and more to customers.

Tata Motors and IndusInd Bank announced a new scheme

Tata Motors has recently collaborated with IndusInd Bank to roll out new finance offers for its passenger vehicle customers. The company has been collaborating with various banks to provide attractive EMI options to its customers.  Tata Motors and IndusInd Bank announce a new scheme ‘Step Up’ to provide low EMI options, high LTV ratio, and more to customers.

In this partnership, the motor company will provide the ‘Step Up’ scheme under which customers can choose and buy Tata Motors passenger cars with low EMI options schemes for the first 3-6 months, starting from as low as ₹ 834 per lakh per month. This scheme will be provided with non-income funding and flexible tenure options ranging from 1 to 7 years.

In addition to this, the customers will get an LTV ratio of up to 85% of the ex-showroom price for the purchase of Tata Safari, Harrier, and Tigor. For the purchase of Tata Nexon, Tiago, and Altroz, the customers will get up to 90% of the LTV on the ex-showroom price.

Ramesh Dorairajan, Head network management, and Trade Finance, Passenger Vehicles Business Unit said, “This is in alignment with our constant effort to fast-track the availability of safe personal mobility solutions to individuals and family at pocket-friendly rates. We hope that these efforts will boost customer morale and make the process of  purchasing a car more convenient.”

T.A. Rajagoppalan, Executive Vice President, Passenger Vehicles, IndusInd Bank said, “These innovative financial schemes aim not only at reducing the burden on customer’s wallet but also allows them to prioritize commute in a safe, hygienic, and a comfortable environment.”

 

NEED A LOAN?

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.


Latest News

Menu