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Tata Motors launches EMI scheme for Tiago

Tata Motors has introduced a new EMI scheme for the Tiago. It is part of a package of offers called 'Keys to Safety'.

Tata is offering customized EMI plans starting at Rs. 5,000 per month for 6 months. This EMI amount is for a loan of up to Rs. 5 lakh and gradually increases over a maximum tenure of 5 years.

Customers have three options while paying their final EMI. They can either pay the last EMI amount (approximately Rs. 90,000 on a loan of Rs. 5 lakh) and take ownership of the vehicle or they can return the vehicle to Tata Motors Finance. Customers also have the option to refinance the final EMI.

Tata Motors is offering 100% finance on its entire range of cars and SUVs. The maximum tenure available is 8 years.

Tata has also introduced special benefits of up to Rs. 45,000 on all its models except the Altroz for doctors, healthcare workers, essential service providers, and police.

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