Tata Motors has signed with Chennai-based Indian Bank for financing of Fiat cars which are available through the Tata-Fiat dealer network.
Customers can avail loans up to 85 per cent of the ''on-road price'', for tenure ranging up to 7 years, at an interest rate of 11.50 per cent pa for new Fiat cars of their choice from the Linea, Palio and the recently launched Grande Punto range.
This facility will be available at all 1,646 branches of Indian Bank and the 100 sales touch points of Tata-Fiat distribution Network.
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