Tata Motors has tie up with Union Bank of India (UBI) for financing its range of passenger vehicles.
UBI offers car loans up to 85 per cent of invoice, for tenure ranging up to 5-years, at a very competitive rate of 11 per cent to 11.25 per cent.
This facility will be available at all branches of Union Bank of India and 329 sales touch-points of Tata Motors. This tie-up will provide a single-window for both cars as well as car loans and will make car buying easier for customers, the release said.
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