eTI-True Indian Community:India Forums

March 20, 2010, 04:38:40 AM
Welcome, Guest. Please login or register.

Login with username, password and session length
Ask the Experts
Ask a Question Now
Get Useful Updates in Email

Enter your email address:

Play Games Now

Beat Highscores, compete against other online players and friends & lots of fun.
5 Best Players
ico
- ronycat007 with 75 Wins
ico
- matt209 with 34 Wins
ico
- Pandit with 6 Wins
ico
- killjam with 6 Wins
ico
- Taquaddus with 6 Wins
Random game

ico

Mario Mines
Champion: Ricky - 28817
Game of Day
sssss
Champion: ronycat007 - 37320
Get Free Traffic
Search eTalkindia.com
 

eTI Info
Members
Total Members: 13877
Latest: vishnu_rajput
Stats
Total Posts: 19987
Total Topics: 5533
Online Today: 120
Online Ever: 351
(July 04, 2008, 02:25:01 PM)
Users Online
Users: 1
Guests: 48
Total: 49
Information for

Want to buy Tata Nano on Loan? Only SBI is at help...

Pages: [1]
  Reply  |  Ask a Question or Post a Topic  |  Print  
Author Topic: Want to buy Tata Nano on Loan? Only SBI is at help...  (Read 1989 times)
Khabri
Sr. Member
****
Offline Offline

Posts: 349


View Profile
« on: October 16, 2008, 05:57:21 AM »
 Reply with quoteQuote
If we believe the news then Statebank of India and TATA is working on a alliance by which TATA dealers will accept only loan from State Bank of India for TATA Nano. Furthermore, if anyone wants to buy it directly then will need to pay Demand Draft made from State bank of India only.

Currently SBI accounts for network of 13000 branches including its allied banks and when TATA's Nano is soon going to be people's car then why not to have a alliance with people's bank ie. SBI.

Certainly its first of its kind in India, not sure about other countries.  Though the official announcement is not yet made but accept it soon.

People give your views please.
Logged
Welcome Guest! Please login or register to give your reply / comment here or to ask your own questions.
Related Topics (Note:Find comments after Related Posts)
Subject Started by Replies Views
Tata Nano: World's Cheapest Car: A writeup : Pictures / Photos and views Indian Cars and other light four wheelers forums Ricky 1 1846
Tata Nano News- Tata finally shifted Nano Project to Ahmedabad-Gujarat Indian Automobiles News Forums Khabri 3 3221
Tata Nano Car Launch Today-Can you really buy this car ? Indian Automobiles News Forums Khabri 14 1945
New TATA Nano Car Picture Gallery - Photos and Images Indian Cars and other light four wheelers forums Khabri 8 3742
Tata Nano Europa Showcased - Tata Nano Europa Picture Gallery & Photos Indian Automobiles News Forums Khabri 10 2242
uyghury
Newbie

Offline Offline

Posts: 3


View Profile
« Reply #1 on: December 18, 2008, 02:04:27 AM »
 Reply with quoteQuote
I want to buy many in order to establish the best market in China. my email address is ali3_rose@yahoo.com          . I could not contact the company... but I want to how...
Logged
Welcome Guest! Please login or register to give your reply / comment here or to ask your own questions.
Ricky
Hero Member
*****
Offline Offline

Gender: Male
Posts: 2311



View Profile
« Reply #2 on: December 18, 2008, 01:07:18 PM »
 Reply with quoteQuote
China ?
You want it for China ?
Logged
Welcome Guest! Please login or register to give your reply / comment here or to ask your own questions.
uyghury
Newbie

Offline Offline

Posts: 3


View Profile
« Reply #3 on: December 19, 2008, 10:24:14 AM »
 Reply with quoteQuote
yes. I want to have many to open the market  in China. is it possible?
Logged
Welcome Guest! Please login or register to give your reply / comment here or to ask your own questions.
Ricky
Hero Member
*****
Offline Offline

Gender: Male
Posts: 2311



View Profile
« Reply #4 on: December 19, 2008, 10:25:53 AM »
 Reply with quoteQuote
Nope.. that is kind of exporting Nano.. and Tata has no plan to export, though you can import it yourself but getting large volume is almost impossible. However, you can contact company to be its dealer.  See what they have to say then.
Logged
Welcome Guest! Please login or register to give your reply / comment here or to ask your own questions.
uyghury
Newbie

Offline Offline

Posts: 3


View Profile
« Reply #5 on: December 20, 2008, 01:01:25 PM »
 Reply with quoteQuote
ok. thank you for your info.....
Logged
Welcome Guest! Please login or register to give your reply / comment here or to ask your own questions.
autoguruindia
Newbie

Offline Offline

Posts: 7


View Profile
« Reply #6 on: February 23, 2009, 03:02:32 PM »
 Reply with quoteQuote
Tata Nano will be the best selling car in india. As per the price and its news going around that it will be in the top as per the automobile industry in india. Tata Nano's price is very low thats why more chance to be hit in this small car market. And further loans also available too. Thanks for sharing nice information.
Logged
Welcome Guest! Please login or register to give your reply / comment here or to ask your own questions.
Ntalk
Newbie

Offline Offline

Posts: 6


View Profile
« Reply #7 on: March 17, 2009, 10:53:54 AM »
 Reply with quoteQuote
Public sector, Bank of India (BoI) that is going to finance the Nano has also decided on the interest rates on booking finance. The bank is going to charge an interest rate of 12% to 12.5% at the booking stage of the vehicle and once the car is delivered to the borrower, BoI can pledge against it and therefore the interest rate will decline to somewhere around 10% to 11%.

Others like State Bank of India (SBI) and Punjab National Bank (PNB) have already signed a deal with Tata Motors for financing the Nano. PNB announced to charge 50 basis points lower interest rate to the Nano buyers. The bank is offering loans for Nano at 10.50% to 11% interest rates. A spokesperson from PNB said, "If the borrower meets with all the eligibility criteria, he will get the lower rate." However the bank has not confirmed on the terms for booking finance.

Booking finance is going to gain importance at this time because during the initial months only 3,000 units of Nano would be rolled out per month. Also it is projected that all those people who have booked the car will not get the allotment at the initial stage. In fact those who have got the allotment will also have to wait for 3 to 4 months for the delivery.
Logged
Welcome Guest! Please login or register to give your reply / comment here or to ask your own questions.
nanopano
New Member
*
Offline Offline

Posts: 26


View Profile
« Reply #8 on: March 30, 2009, 05:15:23 PM »
 Reply with quoteQuote
No it's not only SBI you can take loan for the Nano from any bank. The alliance with the SBI is mainly credited to ease the distribution of application form and allotment of limited number of Nanos. Tata Motors also gives you an opportunity to book your Nano online with a discount of Rs 200 on the application form.
Logged
Welcome Guest! Please login or register to give your reply / comment here or to ask your own questions.
Pages: [1]
  Reply  |  Ask a Question or Post a Topic  |  Print  
 
Jump to:  

+ Quick Reply
With a Quick-Reply you can use bulletin board code and smileys as you would in a normal post, but much more conveniently.

eTalkIndia © 2007 : eTalkIndia.com MGCyber Group

The eTalkIndia.com, or any other entity, company, or organisation(s) associated with the eTalkIndia.com and the hosting and/or funding of this site, cannot be held responsible for text, images and/or other material posted by users of this forum. All trademarks & logos belongs to their respective owners. Material provided here is only for informational purpose, we do not take any guarantee for its authenticity and usability. Powered by SMF 1.1.10 | SMF © 2006-2009, Simple Machines LLC Manuscript TinyPortal v0.9.7 © Bloc

Advertise with us | Terms of Use | Privacy Policy | eTI Community Rules
Close Looking for EXPERT Advice or just looking for entertainment and Fun. Join one of the most exciting community on Internet
Click HERE to Join eTI- eTalkIndia.com