Tata Motors is currently offering 100% finance for the Nano customers to make their life easy as the car. To own a Nano, the prospective buyers have to just pay Rs 22000 for insurance and registration.
“Yes, there is zero down payment option. It depends on the profile of the customer too. Tata Motor Finance is already offering it. We just suggested this to others as well. It is up to the financiers to offer 100 per cent financing,” Tata Motors spokesperson said.
Tata Motors Finance charges 14% for the 100% loan scheme. So will you buy a Nano with 14% or will you get a loan through other means?
Kamalahasan, or as we like to call him, Kamal, is a passionate ‘Motorman’ and a "Tech Savvy'. In the older days, riding/ driving fast was a demonstration of adolescent boys and their apparent manhood.. but no more does this hold true, especially since fuel prices have sky-rocketed and we motoring enthusiasts end up plucking hair. Our ‘Motorman’ took the elegant way out. He began writing about his passion. You can connect with him on Google+