Tata Motors has entered into an understanding with Corporation Bank for financing its range of Passenger Vehicles.
Corporation Bank has lowered their car loan rates and now offers loan up to 85% of on road price, for tenure ranging up to 5 years, at a rate of 11.75% p.a. The bank will be processing the loan applications within 7 days. This facility will be available at all 1,073 branches of Corporation Bank and 329 sales touch points of Tata Motors.
