Thursday, April 16, 2009

Interest rates

Retail auto loan interest rates for the Tata Nano:

Post the successful allotment of the bookings, customers can convert their booking loan into a retail auto loan for the Tata Nano at very attractive rates with the preferred financiers:















Preferred banks/NBFCs


Interest rate post Allotment




State Bank of India


11.75%




Canara Bank


9.5-11%




Tata Motor Finance


12 13%




Corporation Bank


11-11.5%




Central Bank of India


9.5-11%




Indian bank


11%




State Bank of Tranvancore


11.75-12%




State Bank of Bikaner and Jaipur


11.75%




State Bank of Indore


11.50%




State Bank of Patiala


11.50 12%




State Bank of Hyderabad


11.75%




State Bank of Mysore


11.25-11.75%




ICICI Bank Ltd.


13.00%




Union Bank of India


11-11.25%




United Bank of India


9%




Punjab National Bank


11%




UCO Bank


11 11.50%




The Federal Bank Ltd.


14.25%




Corporation Bank


11-11.5%








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