Tata Motors has said that it has entered into an agreement with Canara
Bank for financing its range of passenger vehicles. The car financing
facility will be available at all the 2,729 branches of the bank and
470 sales touch points of Tata Motors, the company said in a statement.
Canara bank offers car loans up to 90% of the on-road cost, for tenure
ranging up to seven years. Meanwhile, Tata group firm Trent announced
that its retail chain Westside has started distribution of booking
forms for Tata Motors Rs 1 lakh car Nano. “Application forms for Nano
will be available across all the Westside stores from April 2 and the
bookings will be accepted between April 9 and April 25, 2009,” Westside
said in a statement.
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