Wednesday, October 21, 2009

Tata Capital offers auto loans at lowest interest rate of 10.5 per cent on new cars

Tata Capital, a subsidy of Tata Group Company has introduced its auto loans at attractive rates.

According to press release, "Tata Capital auto loans will be offered at very attractive rates to the discerning customer. Customers looking out for a quick and hassle-free way of getting an auto loan will now be able to avail the same through Tata Capital's offices across leading markets in India".

Company is offering auto loans at lowest interest rate of 10.5 per cent on all new car loans along with special waiver on processing and foreclosure charges.

The release stated the offer is being given on all fresh loan proposals and will be valid till October 31.

Tata Capital's Consumer Finance and Advisory Business Head, Jamshed Daboo informed, "While taking an auto loan seems simple enough, people are often left wanting for relevant advise and available finance options. Our well-trained advisory team will empower our customers with accurate information to help them take informed decisions."

Tata Capital had recently got into Consumer Finance and Advisory Business (CFAB) business, includes sales and service structure integrating all consumer finance and advisory products and services into a single network.

Tata Capital through CFAB will be offering various combined retail offering together, in the areas of consumer loan products and financial advisory services, including auto loans.

The release also stated company proposes to expand its business, following this in 71 cities it will be opening a chain of over 120 branch offices by December this year.

It added, through these branches company will be offering various combined retail offerings in the areas of consumer loan products and investment advisory services.

3 comments:

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