Tata Motors tie-up with Rajasthan Marudhara Gramin Bank

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17 Jul, 17 13:51
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Udaipur: Tata Motors has entered into an understanding with Rajasthan Marudhara Gramin Bank (RMGB) for financing its range of passenger vehicles to provide easy finance options especially in the rural territories of Rajasthan. This is the first tie up of RMG Bank with a car manufacturer. A memorandum of understanding was signed by senior executives of both the companies on 12th July, 2017.
Under this tie-up, the bank will be offering reduced processing fees, overall funding, special interest rates and schemes on Tata Motors Passenger Vehicle brands.These special retail finance offers from RMGB include loans of up to 90% of the on-road pricesat attractive interest rates on purchase of new cars.
These benefits will be available for both rural and urban customers of the bank.
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