Tata Motors, Vijaya Bank in tie-up for financing vehicles
BS Reporter / Mumbai Dec 10, 2009, 14:58 IST
Tata Motors has tied up with Vijaya Bank for financing its range of commercial and passenger vehicles to provide an added facility of finance to its customers.
Vijaya Bank will offer loans for Tata Motors’ commercial vehicles up to 85 per cent of the on-road cost, which will include vehicle cost, road tax and insurance, for tenure up to 5 years, at 11.25 per cent and for passenger cars the rates are 8.5 per cent for first year and then 10 per cent for balance 4 years.
Content Guide
