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Tata Motors ties up with Dena Bank for car finance

 

 

In order to provide an added facility of car finance to its customers, country's largest automobile firm Tata Motors today said it has entered into an understanding with Dena Bank. The facility will be available at all 1,184 branches of Dena Bank and 470 sales touch points of Tata Motors. The tie-up will provide a single window for both cars as well as car loans and will make car buying easier for the customers, a company statement said.

Dena Bank offers car loans at an interest rate of 11 per cent per annum for tenure ranging up to five years. The bank has pan India presence with strong presence in western part of the country, especially Gujarat, Madhya Pradesh, Maharashtra and Rajasthan.