Tata Motors ties up with J&K Bank for car financing

Tata Motors has entered into an understanding with J&K Bank for financing its passenger vehicle customers. Ramesh Dorairajan, Head Retail, Channel Finance and Insurance, Tata Motors said, “We will be able to leverage the vast network of the bank for retail financing. This partnership will also help the bank to further strengthen its position in the retail loan space. We are confident that our growing network will further drive this tie up.” S. K. Bhat, President, J&K Bank said, “We want to enhance the car loan finance segment and extend car finance at competitive rates with speedy disposal.” J&K Bank will facilitate eligible customers of Tata cars and UVs with vehicle financing, at attractive rates.