Automobile giant Tata has come up with a new offer on the country’s cheapest car, Tata Nano. Credit card holder can now buy a Nano at the mere swipe of their card. With zero percent interest, the scheme has twelve monthly installments of Rs. 8,333 per lakh. The auto maker has joined hands with Axis Bank, HSBC Bank, ICICI Bank, Kotak Mahindra Bank and Standard Chartered Bank to offer this scheme. The scheme is available in 75 Tata Motors dealerships spread across 26 cities of the country.
Mr. Ranjit Yadav, President, Passenger Vehicles Business Unit, Tata Motors spoke about the new scheme saying, “We are proud to offer this industry first phenomenon to our customers. This offer will enable customers to own a car in the fastest and hassle free manner. With the introduction of this offer, consumers get the benefit of converting the entire amount on the credit card into interest free installment, spread over a period of 12 months and manage monthly cash flow better. We would like to thank all our partner banks who have supported this special offer, exclusively for the Tata Nano. Our customer-centred cars are being backed with customer-engaging purchase experience at our dealerships. We realise that we can become a leader when the after-market experience levels are excellent, not only in pockets, but across our chain. We are bringing in enhancements with equipment, manpower and processes for fast service.”