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Karur Vysya Bank partners with Tata Motors to offer car loans at attractive terms

Posted On: 2020-07-09 01:59:29


Karur Vysya Bank has entered into an arrangement with Tata Motors to fund buyers of Tata passenger vehicles. Both existing and new customers will be eligible to avail loans from KVB. The bank seeks to leverage the vast new car retail network of Tata Motors across India. KVB has a branch network of 779 across 22 States & UTs.

Attractive offers for Customers

- Special scheme for Tata Motor customers for passenger cars - 100% on road funding with 6 months holiday period

- Loans for both salaried & self-employed
- Repayment period upto 60 months
- Attractive rates of interest

KVB is offering a special product for buyers of Tata Motor passenger vehicles under which 100% on-road finance with a 6 month holiday period is provided at attractive interest rates. The scheme is applicable only for 3 models, viz., Tata Tiago, Tata Nexon and Tata Altroz. The loans are available to both the salaried and self-employed.

Shares of KARUR VYSYA BANK LTD. was last trading in BSE at Rs.34.75 as compared to the previous close of Rs. 34.6. The total number of shares traded during the day was 351623 in over 1159 trades.

The stock hit an intraday high of Rs. 36.55 and intraday low of 34.05. The net turnover during the day was Rs. 12486878.

Shares of TATA MOTORS LTD. was last trading in BSE at Rs.105.45 as compared to the previous close of Rs. 109.05. The total number of shares traded during the day was 2788387 in over 13066 trades.

The stock hit an intraday high of Rs. 110.9 and intraday low of 104.4. The net turnover during the day was Rs. 300727633.


Source: Equity Bulls

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