Tata Motors has recently revealed simple finance plans as a part of “Keys to Safety”. It is a holistic package of presentations to stimulate its effort of affording more trustworthy cars for its fans. It is planned to support the lockdown rules of COVID-19 like social distancing efficiently. It offers easy financing, low-cost EMIs along with extended loan periods and exclusive offers.
The customers can buy Tata Tiago which has achieved 4-star safety ratings from GNCAP with new EMI plans starting from Rs. 5,000 every month for 6-months. The EMI payments will slowly hike with a maximum tenure of 5 years for a loan of under Rs. 5 Lakh. The company offers exclusive benefit as well. The car owners can select from three value-adding options for payment of closing EMI.
1. Take full ownership after payment of last bullet EMI of around Rs. 90,000 on a loan of Rs. 5 Lakhs.
2. The customers can return the model to financing partner Tata Motors Finance when unable to pay full payment.
3. They can also decide to refinance the final EMI payment.
The customers can avail special schemes for an extended period of loans. You can take any Tata motors model at full-on road funding. The extended period EMI schemes for approx 8 years will decrease the amount of monthly EMI payment, which is impressive. The company announced some special benefits to thank the COVID frontline warriors (doctors, healthcare professionals, essential service providers and police). ‘
The SUV’s can be purchased at a discount of up to Rs. 45,000 except the Altroz. The carmaker has introduced ‘Click to drive’, that is the company’s website. The customers can visit the website from home during the lockdown period and make an enquiry, demand a test drive, bookings and avail preferred financing option. The customers can also visit, Tata Motors showrooms which are already operational.
The carmaker has over 270 showrooms and 318 workshops that are following the current lockdown rules along with standard operating procedure (SOPs) for improved safety establishing least communications and sustaining social distance measures while meeting with customers. They are following the digital method to communicate and mandatory equipment like masks and sanitizers.
The documents and other paper works are sent via emails, drop boxes and vehicle deliveries with strict safety rules. The request for test drives are maintained with social distancing, only one person operates the car along with a showroom employee in the back seat. The vehicle is thoroughly sanitised after drives with protective covers replacements.
According to Mr Vivek Srivatsa – Head, Marketing, Tata Motors Passenger Vehicles Business Unit said, “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.”
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