Tata Motors, Andhra Bk in finance tie
UNI
Kolkata, March 18
Tata Motors entered into a tie-up with Andhra Bank for financing its range of passenger vehicles for customers.
Andhra Bank would offer car loans upto to 90 per cent of invoice for tenure upto six years at a competitive rate of 11.75 per cent, repayable in 36 months, and 12 per cent repayable in 36 months and above. For women, a 0.50 per cent concession would be provided in the rate of interest.
The facility will be available at all branches of Andhra Bank and 470 sales touch points of Tata Motors as the tie up will provide a single window for both cars as well as car loans.
Tata Motors, Andhra Bk in finance tie
Kolkata, March 18 Tata Motors entered into a tie-up with Andhra Bank for financing its range of passenger vehicles for customers. Andhra Bank would offer car loans upto to 90 per cent of invoice for tenure upto six years at a competitive rate of 11.75 per cent
