Tata Motors partners with IndusInd Bank

Tata Motors has rolled out exciting finance offers for its passenger vehicle customers in collaboration with IndusInd Bank.

As part of this partnership, the company will provide a Step Up scheme where the customers can choose and buy from the safest range of passenger cars in the country, with a special low EMI option scheme for the first 3-6 months, said a press release.

Under the Step Up scheme, customers can avail EMI options lowered by 60 pc starting from Rs 834 per lakh per month, depending on the scheme and the products. The EMI payments will remain lower for a period of three to six months depending on the convenience of the buyer.

Mr. Ramesh Dorairajan, Head Network Management and Trade Finance, Passenger Vehicles Business Unit, Tata Motors, said, “The recent COVID-19 upsurge has impacted everyone and to help our passenger car family in these challenging moments, we are delighted to be partnering with IndusInd Bank to roll out special finance schemes.”

Mr. TA Rajagoppalan, Executive Vice President, Passenger Vehicles, IndusInd Bank, said, “These innovative financial schemes aim at not only reducing the burden on the customer’s wallet during these tough times, but also allow them to prioritise commute in a hygienic, safe and comfortable environment. We take pride in joining hands with Tata Motors to roll out these schemes.”