Tata introduces an industry first; Customers can now swipe their credit card and drive out in a Tata Nano on the same day. These customers can also convert the entire amount in monthly installments at 0% interest, over a period of 12 months, at an EMI of Rs. 8,333 per lakh.
The Nano has partnered with five banks for this scheme - Axis Bank, HSBC Bank, ICICI Bank, Kotak Mahindra Bank and Standard Chartered Bank. Customers who have credit cards from these banks can avail of the special scheme in 26 cities, across 75 Tata Motors Dealerships.
According to Mr. Ranjit Yadav, President, Passenger Vehicles Business Unit, Tata Motors, “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 installments, spread over a period of 12 months and manage the monthly cash flow better.”
Link : Tata Nano Official Review.