Tata Capital cuts auto loan rate

Tata Capital cuts auto loan rate

BS Reporter / Mumbai October 7, 2009, 0:40 IST

Tata Capital, the non-banking finance subsidiary of the Tata group, has cut its auto loan rates by 50 basis points to 10.5 per cent. The revised rates will be applicable to all new car loans till October 31, 2009. The offer includes a waiver of processing and foreclosure charges.