In order to provide an added facility of car finance to its customers, Tata Motors has entered into an understanding with State Bank of Mysore for financing its range of passenger vehicles.
State Bank of Mysore is one of the largest Public Sector Undertakings in the country catering to the needs of industry as well as retail segment. The bank has pan India presence with about 673 branches spread all over the country.
State Bank of Mysore offers car loans up to 85 % of the on road price of the car, for tenure ranging up to 7 years, at a very competitive rate.
This facility will be available at all branches of State Bank of Mysore and 329 sales touch points of Tata Motors. This tie-up will provide a single window for both cars as well as car loans and will make car buying easier for the customers.