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Tata Motors has announced a new financing scheme namely ‘Key to Safety’. It is a holistic package of offers to provide safer cars for all, particularly to help maintain norms of social distancing as the ongoing nationwide lockdown lifts in a calibrated manner. The package also includes easy financing, affordable EMIs with long tenure loans, and special offers for frontline warriors.
With the new EMI plan, customers can now purchase the Tata Tiago hatchback at monthly installments of Rs 5,000 for 6 months. This EMI amount (for a loan amount up to Rs. 5 Lakh), will gradually increase over a maximum tenure of 5 years. The customers get an additional benefit to choose from the three value-adding options while paying their final EMI.
They can pay their last bullet EMI in full (approximately Rs. 90,000 on a loan of Rs. 5 Lakhs) and take full ownership of the vehicle
Return the vehicle to financing partner-Tata Motors Finance in case of any financial difficulty, or
Choose to refinance this final EMI
At Tata Motors, we manufacture cars that are proudly Indian with international quality, design, and safety. In the current times, with safety as the top priority, customers are seeking personal mobility options that are affordable and convenient to avail. Accordingly, we have designed this package to offer choice and enhance their entire experience of owning and driving our entire range of cars & SUVs,” commented Vivek Srivatsa – Head, Marketing, Tata Motors Passenger Vehicles Business Unit
Tata Motors is offering 100 percent finance on its entire range of cars and SUVs. The maximum tenure available is for 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 the police.
Customers can enquire, request a test drive, make bookings, and select their preferred financing option via the recently launched ‘Click to drive’ - an end-to-end online platform from the comfort and safety of their homes or call the nearest dealer. Tata Motors has also resumed operations. Over 270 showrooms and 318 workshops have started operating with a new set of standard operating procedures (SOPs) for enhanced safety.