A few months after the passing of Ratan Tata, Noel Tata makes a massive partnership, Tata Motors partners up and this is what they have in store for…

Ratan Tata: Noel Tata

In a statement released on Monday, Tata Motors revealed that its subsidiaries have been working hand in hand with Saraswat Bank in the area of financing so as to provide better financing solutions.

Tata Motors Collaboration With Saraswat Bank

In an effort to promote sales growth and help penetrate new cleaner technologies through its EV range, Tata Motors has constantly sought to develop a partnership with Saraswat Bank.

The partnership will assist the cooperative bank in developing tailored auto retail financing for its customers purchasing ICE and EV vehicles.

As per Dhiman Gupta, CFO at Tata Passenger Electric Mobility, “We strongly believe this partnership with Saraswat Bank is a step in the right direction, aimed at offering tailored financing solutions with competitive rates.”

According to Saraswat Bank Chairman Gautam Thakur, it is an agreement that will work best for customers since they’ll have more flexibility and the culture of EVs in India will get a boost.

The Motivation And Goals Of The Partnership

This joint venture seeks to offer clients specific financing solutions and encompasses the entire Tata range of products from ICE vehicles to EVs. This initiative aims to enhance the affordability and availability of Tata vehicles to a wider array of customers by means of providing grade loan solutions targeting an extensive market base.

Range Of Vehicles By Tata Motors

Currently, Tata Motors has a wide range of petrol, diesel, CNG and electric vehicles. Known for their quality, functionalism and modern style, the brand covers a variety of customer needs, which are in line with the new world needs.