In order to provide an added facility of car finance to its customers, Tata Motors has entered into an understanding with State Bank of Bikaner and Jaipur (SBBJ) for financing its range of passenger vehicles.
State Bank of Bikaner and Jaipur is part of the State Bank Group catering to the needs of industry as well as retail segment. The bank has pan India presence with about 860 branches spread all over the country.
State Bank of Bikaner and Jaipur offers car loans up to 85% of the on road price, for tenure ranging up to 7 years, at a very competitive rate. SBBJ is offering car loans at rates frozen at 10% up to 31.05.2010 for loans sanctioned on or before 31.05.2009.
This facility will be available at all branches of State Bank of Bikaner and Jaipur and 470 sales touch points of Tata Motors. This tie-up will make car buying easier for customers.