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Tata Motors offers 6-month EMI holiday on select models

Source: PTI
July 09, 2020 00:01 IST
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Under the scheme, customers can now make zero down payment, avail a six-month EMI holiday (only interest needs to be serviced monthly) and access up to 100 per cent on-road funding for a loan tenure of five years, Tata Motors said in a statement.

Tata Nexon

Photograph: Rajesh Karkera/Redif.com

Tata Motors on Wednesday said it has introduced financing scheme for Tiago, Nexon, and Altroz under which customers can avail six-month EMI holiday.

 

Under the scheme, customers can now make zero down payment, avail a six-month EMI holiday (only interest needs to be serviced monthly) and access up to 100 per cent on-road funding for a loan tenure of five years, Tata Motors said in a statement.

"This offer is being made available through a partnership with Karur Vysya Bank (KVB) to eligible salaried and self-employed persons," it added.

The automaker said it is also offering affordable, step-up EMIs on long-tenure loans of up to eight years through its association with multiple financing partners.

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