Country's largest automobile company Tata Motors today said it has tied up with state-run Bank of India for financing its range of passenger cars.

The Bank of India offers car loans at a very competitive rate of 10.25-10.75 per cent. The facility will be available at all metro, urban and semi-urban branches of the Bank and 329 sales touch points of Tata Motors, the company said in a statement.

With international presence, the Bank has about 3,000 branches in India and 74 extension counters spread all over the country.