Tata Motors is offering one to one offer on several models after the lockdown. Under this scheme, Tiago can be bought by paying just Rs 166 a day and Nexon can be brought home by paying Rs 185 per day.
Indian company Tata Motors is offering many great offers to customers to increase their business after lockdown. Tata Motors on Wednesday launched the six-month EMI holiday scheme. The benefit of this scheme is available on select models Tiago, Nexon and Ultros. Under this, the customer will not have to pay any EMI for 6 months. Along with this, a loan term of 5 years, zero down payment and 100% financing of the on-road price of the car is included.
The company along with its various auto loan partners are also providing loans of up to eight years duration. Apart from this attractive financing scheme, the company is also giving a discount of up to 65 thousand rupees on some of its models in July. Tata Motors said that car sales were better in June than in May.
Six-month EMI holiday scheme – Under this holiday scheme, customers can bring Tata Altroz home at an EMI of only Rs 5555 / month i.e. Rs 185 per day. Similarly, you can bring Tata Nexon home by paying a monthly EMI of Rs 4999 for Rs 250 per day and Tiago for Rs 166 per day. These offers are being offered only on Nexon, Altroz and Tiago.
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Vehicles can be purchased on zero down payment – Tata Motors said that under this scheme, customers can now make zero down payment as well as six months EMI will also be discharged, i.e. no EMI will have to be paid for 6 months. Only monthly interest will have to be paid. Up to 100 percent on-road funding can be done for a five-year loan tenure.
This offer is being offered under a partnership with Karur Vysya Bank (KVB). The benefit of this scheme will be available only to those whose salary or business will be eligible for this. The company said it is offering affordable, step-up EMIs on loan-tenure EMIs of up to eight years through its association with several financial partners.
