In view of the festive season, Tata Motors has launched two easy financing options in partnership with HDFC Bank to increase its sales and to help customers plan their purchases suitably. Let’s take a look at each scheme individually:
1. Tata Gradual Step-Up Finance Scheme
Under this scheme, buyers can choose to pay a low EMI amount, starting from Rs 799 per lakh per month at a special rate of interest. However, it also depends on the model and variant chosen. The EMI payments will continuously increase over a period of 2 years depending on the payment convenience of the buyer.
2. TML Flexi Drive Scheme
This scheme enables the customers to choose any 3 months every year where they can pay a minimum EMI amount of Rs 789 per lakh per month as per their convenience. It will help the buyers to plan their EMI payment accurately so that they can manage their accounts for the months in which the EMI amount is comparatively higher. The scheme also depends upon the model and variant opted for.
Note:- These finance schemes are available till the end of November 2020 and these offers can be obtained on the entire BS6 and electric vehicles range including Tata Altroz, Harrier, and Nexon EV. The brand is also offering up to 100% ex-showroom funding on all Tata models.
Commenting on these finance scheme offers, Mr. Vivek Srivatsa, Head of Marketing, Passenger Vehicle Business Unit, Tata Motors said-
“We are humbled to be partnering with HDFC Bank to roll out exciting offers for our customers. This is in alignment with our constant endeavour to make safe personal mobility solutions more affordable and accessible to individuals and families, while contributing to the joy of this year’s festive season. We hope that these offers will boost customer morale and make the process of purchasing a car more convenient, thereby allowing them to truly celebrate the festivities with their friends and families”.
Besides, Tata Motors is also offering discount offers of up to Rs 65,000 on its selected models. Click here to know more in detail.