AU Small Finance Bank, India's largest Small Finance Bank, announced a partnership with Tata Motors, India's top automotive brand, to provide clients with innovative finance choices on the company's New Forever line of passenger cars and UVs.
This program will provide maximal financing on the car based on each individual's needs. Customers may also take advantage of one-of-a-kind EMI options with payback terms of up to 7 years. The bank has created special features for Tata Motors car customers who choose the auto loan option. This offer is available to a wide range of consumers, including salaried, self-employed professionals, self-employed non-professionals, Agri and Dairy farmers, and those who are new to credit. Customers may also apply for a vehicle loan using the AU 0101 App to receive pre-approved offers.
Mr. Bhaskar Karkera, Head of Wheels Business, AU Small Finance Bank, stated on the occasion, "We are glad to cooperate with Tata Motors as the preferred financier for passenger car loans." With this collaboration, we intend to utilize both brands' enormous reach in rural, semi-urban, and metropolitan areas, enabling more Indians to realize their goal of owning a car. Customers will benefit from the Bank's collaboration with Tata Motors since they will have access to best-in-class private mobility solutions as well as the greatest credit options from AU Bank.
Using the AU 0101 App, customers will receive enticing pre-approved deals at reasonable prices. With the demand for electric vehicles on the rise, we are also glad to contribute to a greener, better future by offering to finance such emission-free travel. We are confident that our auto lending services will be appealing to the target audiences in India. This collaboration demonstrates the Bank's continued efforts to meet the demands of growing India."
Mr. Ramesh Dorairajan, Senior General Manager – Network Management & EV Sales, Tata Motors Passenger Vehicles Ltd, commented on the collaboration, saying, "We are delighted to partner with AU Small Finance Bank, India's largest Small Finance Bank, to make our extensive range of vehicles available to a broader set of customers, with easy financing and flexible repayment options." This collaboration is in keeping with Tata Motors' goal of making mobility solutions more accessible and affordable to families and individuals at reasonable prices. We look forward to the first fruitful and mutually beneficial collaboration."
This offer is accessible at AU Small Finance Bank branches and Tata Motors dealers in states such as Jammu and Kashmir, Himachal Pradesh, Haryana, Punjab, Delhi NCR, Rajasthan, Gujarat, Maharashtra, Goa, Madhya Pradesh, Chandigarh, Chhattisgarh, and others. Customers may take advantage of the aforesaid offers by visiting their local AU Small Finance Bank branch or registering their interest in purchasing a Tata automobile through a Tata Motors dealer.