Tata Motors brings in six-month EMI holiday scheme on select models

HYBIZTV 2020-07-18

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Tata Motors said in a statement it has (introduced financing scheme for Tiago, Nexon, and Altroz) under which (customers can avail six-month EMI holiday.)
Under the scheme, (customers can now make zero down payment), avail a six-month EMI holiday (only interest needs to be serviced monthly) and (access up to 100 per cent on-road funding for a loan tenure of five years.)
This offer is being made available through a (partnership with Karur Vysya Bank (KVB)) to (eligible salaried and self-employed persons.) Reeling under the COVID-19 impact, the Mumbai-based auto major saw its (domestic sales plummet by 61 per cent to 14,571 units in April-June quarter) as against (36,945 units in the corresponding period last year).
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