In order to provide an added facility of car finance to its customers, Tata Motors has entered into an understanding with Union Bank of India for financing its range of passenger vehicles.
Union Bank of India offers car loans up to 85% of invoice, for tenure ranging up to 5 years, at a very competitive rate of 11.00% to 11.25%.
This facility will be available at all branches of Union Bank of India and 329 sales touch points of Tata Motors. This tie-up will provide a single window for both cars as well as car loans and will make car buying easier for customers.
