Tata Motors introduces customised EMI plan for Tiago

Team OD Updated: May 19, 2020, 10:51 PM IST

Tata Motors has introduced a customised EMI plan for its Tata Tiago hatchback. This is part of a larger 'Keys to Safety' initiative which includes easy financing and special offers for frontline COVID-19 workers.

Through this finance scheme, customers can avail of a customised EMI plan starting at just Rs 5,000 every month for six months. This EMI amount, for a loan amount up to Rs 5 lakh, then gradually increases over a maximum tenure of five years. As an additional benefit, customers can choose how they want to close their loan tenure. They can pay their last Rs 90,000 EMI in full and take full ownership of the vehicle, or return the vehicle to financing partner Tata Motors Finance in case of any financial difficulty. They can also choose to refinance this final EMI.

Tata Motors is also offering 100 per cent on-road funding on its entire range of cars and SUVs. Customers can also take advantage of long tenure EMI schemes of up to eight years, thus lowering the amount of their monthly EMI payment.

Tata Motors has also announced new benefits for buyers who work with essential services like healthcare professionals and police officials. These schemes promise benefits of up to Rs 45,000. This promotion is available on the Tiago, Tigor, Nexon and Harrier models. The brand's newest launch, the Tata Altroz premium hatch is not covered in this scheme.

Customers can enquire, request a test drive, make bookings and select their preferred financing option via the recently launched 'Click to drive', an end-to-end online platform from the comfort and safety of their homes or call the nearest dealer. Over 270 showrooms and 318 workshops are already operational with a new set of standard operating procedures (SOPs) for enhanced safety via minimal interactions and maintaining social distancing norms during interactions between customer and dealer staff.

Price (Ex-Delhi)
Starts Rs 4.6 Lakhs
Displacement
1199cc
Transmission
Automatic
Max Power(ps)
-NA-
Max Torque(Nm)
113
Mileage
-NA-
Price (Ex-Delhi)
Starts Rs 6 Lakhs
Displacement
1497cc
Transmission
Manual
Max Power(ps)
86
Max Torque(Nm)
200
Mileage
-NA-