vibhor 0 Report post Posted March 7, 2009 Hey guys, following other carmakers like MSIL, Hyundai etc, Now Tata has also joined hands with Bank of India!Just check out this article - Tata Motors joined hands with Bank of India for financing its range of passenger cars to provide an added facility of car finance to its customers. Bank of India offers car loans up to 90% of invoice, for loans up to Rs 1 million for tenure ranging up to 6 years, at a very competitive rate of 10.25% to 10.75%. This facility will be available at all metro, urban and semi-urban branches of Bank of India 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. Bank of India is one of the largest Public Sector Undertakings in the country catering to the needs of industry, exports, agriculture as well as retail segment. Shares of Tata Motors declined Rs 0.4, or 0.29%, to trade at Rs 138.90. The total volume of shares traded was 637,475 at the BSE (2.59 p.m., Friday). http://www.cybersteering.com/news.asp?id=n104525 Quote Share this post Link to post Share on other sites
DreamTheCar 0 Report post Posted March 20, 2009 Tata has tied up with so many banks together. The company has tied up with Indian Bank, State Bank of Bikaner, Andhra Bank, State Bank of Mysore, State Bank of Jaipur, Bank of India, Stare Bank of Patiala, Central Bank, and Corporation Bank. This move taken by Tata is purely aimed at providing easy and hassle free car finance to all its valued customers. Quote Share this post Link to post Share on other sites
thackervijay 2 Report post Posted March 20, 2009 oh so now tata has tied up with good numbers of nationalised bank which further would be doing financial need for customers, again good move by tata. Quote Share this post Link to post Share on other sites
unknownbullet 1 Report post Posted March 20, 2009 Tata has tied up with so many banks together. The company has tied up with Indian Bank, State Bank of Bikaner, Andhra Bank, State Bank of Mysore, State Bank of Jaipur, Bank of India, Stare Bank of Patiala, Central Bank, and Corporation Bank. This move taken by Tata is purely aimed at providing easy and hassle free car finance to all its valued customers. [/quote'] State bank of Bikaner and state bank of jaipur are not two different banks it is single bank with name State Bank of Bikaner & Jaipur Quote Share this post Link to post Share on other sites
mariadonna 0 Report post Posted April 21, 2009 Bank of India is one of the largest Public Sector Undertakings in the country catering to the needs of industry, exports, agriculture as well as retail segment Quote Share this post Link to post Share on other sites