Ad

Ad

Tata Motors Signs MOU with SBI

ByPiyush Gohri|Updated on:03-Mar-2023 12:57 PM

Share via:


Follow Us:

google-news-follow-icon
noOfViews-icon

2,341 Views



ByPiyush Gohri

Updated on:03-Mar-2023 12:57 PM

noOfViews-icon

2,341 Views

share-icon

Follow Us:

google-news-follow-icon

With Tata Motors' collaboration with SBI, buyers of Latest Tata Ace EV will now get options of financing.

Tata Motors Signs MOU with SBI

A memorandum of understanding (MOU) has been signed with SBI by Tata Motors, for providing financing choices to the buyers of the latest Tata Ace EV. In order to make these solutions available to clients, the OEM IS will benefit from SBI's extensive network through this agreement.

Rajesh Kaul, Vice President, Sales & Marketing, Commercial Vehicle Business, at Tata Motors, said, “We are delighted to join hands with the largest bank in the country, the State Bank of India, to offer unique, seamless financing schemes for the Tata Ace EV customers. The MoU has further strengthened our aim to make Tata Ace EV more accessible to customers. We are confident that our collaboration will fast-track our efforts towards sustainable mobility and support the nation’s net-zero aspirations.”

The development and deployment of charging infrastructure, the establishment of specialised electric vehicle support facilities for maximum fleet uptime, the use of Tata Fleet Edge, the next-generation optimal fleet management solution, the support of Tata UniEVerse, the established enabling eco-system of pertinent Tata Group companies, and collaborations with the nation's top financiers for funding are all included in the ecosystem that supports the Ace EV.

Pravin Raghavendra, Deputy Managing Director (Retail - Agri, SME & FI), State Bank of India, said, “We are proud to partner with Tata Motors in an endeavour to offer attractive financing options for the Ace EV. We are confident that the new financing scheme will help individuals and MSMEs in purchasing the state-of-the-art, eco-friendly electric mini-truck.”

Ad

Ad


Follow Us:

whatsapp-follow-icon
instagram-follow-icon
youtube-follow-icon
google-news-follow-icon

More News

Maruti Suzuki Nexa January 2025 Discounts: Big Savings on Fronx, Grand Vitara, and More

Maruti Suzuki Nexa January 2025 Discounts: Big Savings on Fronx, Grand Vitara, and More

Maruti Suzuki has announced a string of attractive discounts and offers across its Nexa lineup for January 2025, providing an excellent opportunity for customers looking to purchase a new vehicle.

13-Jan-2025 06:59 AM

Read Full News
Maruti Suzuki Nexa January 2025 Discounts: Big Savings on Fronx, Grand Vitara, and More

Maruti Suzuki Nexa January 2025 Discounts: Big Savings on Fronx, Grand Vitara, and More

Maruti Suzuki has announced a string of attractive discounts and offers across its Nexa lineup for January 2025, providing an excellent opportunity for customers looking to purchase a new vehicle.

13-Jan-2025 06:59 AM

Read Full News
Suzuki Launches 2025 Gixxer Series and V-Strom SX with OBD-2B Compliance

Suzuki Launches 2025 Gixxer Series and V-Strom SX with OBD-2B Compliance

Suzuki Motorcycle India has launched its updated 2025 lineup that includes the Gixxer series and V-Strom SX models, which are now in line with the new OBD-2B emission norms.

13-Jan-2025 02:49 AM

Read Full News
Suzuki Launches 2025 Gixxer Series and V-Strom SX with OBD-2B Compliance

Suzuki Launches 2025 Gixxer Series and V-Strom SX with OBD-2B Compliance

Suzuki Motorcycle India has launched its updated 2025 lineup that includes the Gixxer series and V-Strom SX models, which are now in line with the new OBD-2B emission norms.

13-Jan-2025 02:49 AM

Read Full News
Carbike360 Weekly Wrap | Tata Tiago EV, Mercedes-Benz G 580, and MG M9 Revealed!

Carbike360 Weekly Wrap | Tata Tiago EV, Mercedes-Benz G 580, and MG M9 Revealed!

Catch up on the most exciting car launches this week, from Tata’s refreshed Tiago models to the luxurious Mercedes-Benz G 580 and MG M9.

11-Jan-2025 07:26 AM

Read Full News
Carbike360 Weekly Wrap | Tata Tiago EV, Mercedes-Benz G 580, and MG M9 Revealed!

Carbike360 Weekly Wrap | Tata Tiago EV, Mercedes-Benz G 580, and MG M9 Revealed!

Catch up on the most exciting car launches this week, from Tata’s refreshed Tiago models to the luxurious Mercedes-Benz G 580 and MG M9.

11-Jan-2025 07:26 AM

Read Full News
Tesla Launches New Model Y in China and Australia: Key Updates Explained

Tesla Launches New Model Y in China and Australia: Key Updates Explained

Check out the latest Tesla Model Y with design enhancements, extended range, and more. Now available in China and Australia.

10-Jan-2025 01:29 PM

Read Full News
Tesla Launches New Model Y in China and Australia: Key Updates Explained

Tesla Launches New Model Y in China and Australia: Key Updates Explained

Check out the latest Tesla Model Y with design enhancements, extended range, and more. Now available in China and Australia.

10-Jan-2025 01:29 PM

Read Full News
Bajaj Pulsar RS200 Updated at ₹1.84 Lakh: New Features and Upgrades

Bajaj Pulsar RS200 Updated at ₹1.84 Lakh: New Features and Upgrades

Bajaj Auto has launched the updated Pulsar RS200- a first significant update since it was launched almost a decade ago.

10-Jan-2025 01:14 PM

Read Full News
Bajaj Pulsar RS200 Updated at ₹1.84 Lakh: New Features and Upgrades

Bajaj Pulsar RS200 Updated at ₹1.84 Lakh: New Features and Upgrades

Bajaj Auto has launched the updated Pulsar RS200- a first significant update since it was launched almost a decade ago.

10-Jan-2025 01:14 PM

Read Full News
Honda City and Elevate Automatic Prices Increased by ₹20,000: New Pricing and Updates

Honda City and Elevate Automatic Prices Increased by ₹20,000: New Pricing and Updates

Honda Cars India has also hiked prices of its best-selling sedan Honda City and Elevate SUVs' automatic trims by ₹20,000.

10-Jan-2025 12:15 PM

Read Full News
Honda City and Elevate Automatic Prices Increased by ₹20,000: New Pricing and Updates

Honda City and Elevate Automatic Prices Increased by ₹20,000: New Pricing and Updates

Honda Cars India has also hiked prices of its best-selling sedan Honda City and Elevate SUVs' automatic trims by ₹20,000.

10-Jan-2025 12:15 PM

Read Full News

Ad

Ad

Explore Other Cars Brands

Cars In India

Toyota Camry

Toyota Camry

₹ 48.00 Lakh

Honda Amaze

Honda Amaze

₹ 8.00 - 10.90 Lakh

Audi Q7

Audi Q7

₹ 88.66 - 97.81 Lakh

Mahindra XEV 9e

Mahindra XEV 9e

₹ 21.90 - 30.50 Lakh

Tata Harrier EV

Tata Harrier EV

₹ 24.00 - 28.00 Lakh

MG M9 EV

MG M9 EV

₹ 1.00 - 1.10 Cr

Maruti e Vitara

Maruti e Vitara

₹ 20.00 - 25.00 Lakh

Hyundai Creta EV

Hyundai Creta EV

₹ 22.00 - 26.00 Lakh

BYD SeaLion 7

BYD SeaLion 7

₹ 45.00 - 55.00 Lakh

Ad

Ad

Ad