Tata Motors has announced a new finance package to accelerate car sales. Named ‘Keys to Safety’, the package will provide customers with easy financing and affordable EMIs with long-term loans. Also included in this package is a special offer for Frontline Corona Warriors. Under this offer, you can buy Tata Tiago at an EMI of just Rs 5,000 per month.
Under this scheme of Tata Motors, special low-cost EMI facility is being offered on Tiago. You can buy Tata Tiago at an EMI of Rs 5,000 per month under a customized EMI plan. This EMI will be on initial 6 months and loans up to Rs 5 lakh. The amount of EMI will gradually increase after 6 months. The maximum time to repay the loan will be 5 years.
In addition, the company is offering customers buying Tiago the option to choose three value-adding options to pay the final EMI:
- The customer can become the full owner of the car by paying the last bullet EMI in full (about 90 thousand on a loan of 5 lakh).
- In case of financial crisis, the customer can return the car to the financing partner Tata Motors Finance.
- Option to refinance the final EMI.
What offers on other Tata cars and SUVs?
Apart from Tiago, Tata Motors is offering 100 per cent on-road finance when buying other cars or SUVs. In addition, customers can take up EMI scheme for up to 8 years, which will be a burden on the monthly EMI.
Special offer for Frontline Corona Warriors
Tata Motors is offering special benefits of up to Rs 45,000 for frontline Corona Warriors (doctors, healthcare professionals, essential service providers and police). This offer is available on all cars of the company except Ultras.
Online car sales facility
In view of the Corona outbreak, Tata has already launched the online car sales facility ‘Click to drive’. Under this, the customer can select Tata’s car inquiry, request for test drive, booking and finance option as per his convenience from the company’s website. After booking, the selected dealer will complete the process of buying the car by calling the customer, which will be completely online. Delivery date will be given after completion of the process. You can take delivery of the car from the dealership or at your home if you wish.