Tata Motors is making things easier for its customers. In order to provide better facility, it is tying up with financial firms to provide easy financing of cars for the customers. It has already tied up with two PSU banks and now it has join hands with the State Bank of Bikaner and Jaipur (SBBJ) for financing of passenger vehicles.
The State Bank of Bikaner and Jaipur being a part of State Bank Group meets the requirement of the industry as well as retail segment. The bank has nearly 860 branches spread across the country.
State Bank of Bikaner and Jaipur provides car loans up to 85% on road price, for tenure ranging up to 7 years, at a very competitive rate. Loans sanctioned on or before 31.05.2009 will get the benefit of frozen rate of 10% up to 31.05.2010. This facility will be available at all branches of the State Bank of Bikaner and Jaipur and also 470 sales touch points of Tata Motors.