Take A Tata Tiago Home For Rs 5000 Per Month

• EMI plan is valid for a loan amount of up to Rs 5 lakh with three final options.
• COVID-19 frontline warriors will get benefits of up to Rs. 45,000 on Tata's lineup of cars and SUVs except the Altroz.
• The carmaker has been slowly resuming operations in the country with new health and safety protocols.
• Customers can avail of the carmaker’s ‘Click To Buy’ online platform for their purchasing needs.

The coronavirus lockdown has affected many industries including the automobile industry which had zero car sales in April. To rectify that, carmakers are coming up with new and innovative finance schemes to promote car sales. Tata Motors has joined them with the roll out of the ‘Keys To Safety’ initiative.  

Under this finance scheme, customers can purchase a Tata Tiago with an EMI plan that starts at only Rs 5,000 per month for a period of 6 months. This EMI amount for a loan amount of up to Rs 5 lakh then gradually increases over a 5 year maximum tenure period. Customers can also avail of three options for their final EMI. The first one is paying the final amount in full , i.e. around Rs 90,000 on a loan of Rs 5 lakh and taking full ownership of the car. The second option is returning the vehicle to financing partner Tata Motors Finance in case of any financial difficulty. The final option is choosing to refinance the final EMI. The Tata Tiago retails in the range of Rs Rs. 4.60 lakh to Rs 6.60 lakh (ex-showroom).

In addition to this, for COVID-19 frontline warriors (doctors, healthcare professionals, essential service providers and police), Tata Motors is offering  special benefits of up to Rs. 45,000 on its lineup of cars and SUVs except the Altroz.

The carmaker has already resumed production at its Pantnagar and Sanand facilities, with 270 showrooms and 318 workshops reopened. New standard operating procedures have been implemented at dealerships and manufacturing plants to ensure health and safety of employees and customers. For customers, the carmaker has recently launched the ‘Click to Drive’ online platform for  enquiring test drives, making bookings and selecting their preferred financing option for purchasing their Tata vehicle.