Buy a Tata Motors car with EMI at just Rs 789, bumper HDFC Bank financing offer unveiled

New Delhi: In a race to provide exciting offers to their customers and boost their sales this festive season, auto companies are coming up with exciting offers. Tata Motors has come up with one such great offer. Country's leading automotive brand has tied up with HDFC Bank to provide an EMI as low as Rs 789 per lakh per month. Tata Motors is offering flexible EMI options to its customers, wherein they can pay minimum EMI amount for three months every year. The company is offering up to 100 percent ex-showroom funding on the entire PV range, loan tenure of up to 5-years and schemes are available on all passenger vehicles. 

The company has introduced two new schemes in collaboration with the Bank – the ‘Gradual Step Up Scheme’ and the ‘TML Flexi Drive’ scheme. The offer is valid on entire New Forever BS VI range of cars and SUVs along with the company’s EV range and customers can avail this offer till the end of November 2020.  

Gradual Step Up Scheme 

The scheme that aims to fast track customers buying process facilitates customers to avail EMI options as low as Rs 799 per lakh per month, depending on the product and variant at an attractive interest rate. EMI payments gradually increase over a period of two years, depending on the payment convenience of the buyer.  

Scheme 2 – TML Flexi Drive 

According to the Flexi Drive scheme, the option to the consumer is to choose any 3 months every year, where he/she can pay minimum EMI (INR 789/- per lakh per month, depending on the product and variant) as per his/her convenience. The above scheme will help the customer map their EMI payment properly so that they can tide over the high outflow months easily, giving the customer the flexibility and power to choose. 

“To avail these offers, customers can reach out to their nearest Tata Motors dealer or through an HDFC Bank branch and register their interest in buying a Tata car,” the company said in a statement.