TMF offers Commercial vehicle finance in the
following customer categories:
Eligibility
Criteria :
Customer should own a truck or bus (free of liability) , which
is not more than 8 or 10 years old or any other immovable asset
equivalent to the finance amount being requested or fixed deposit
or any other security of equivalent amount.
Customer should be an existing / past PPR customer of Tata Motor
Finance (TMF).
If the customer does not have any assets, he needs to have a
direct family member with assets and has to produce a guarantor
(not a direct family member). The guarantor is not insisted
upon for a LCV if the customer has a suitable driving license
and wants to become a self driven owner.
|
Fleet Operators
Eligibility Criteria :
Customer could be a first time customer or customer could be
an existing / past customer of Tata Motor Finance (TMF).
Documentation Required :
Copy of the (free of liability) vehicle's registration
certificate.
Contract numbers, in cases where the customer is an existing
/ past customer of TMF.
For further details on vehicle finance or financing options,
please contact your nearest Tata Motors office, the dealer or
write to us at: ( svv@tatamotors.com
)
Company / Partnership Firm
Documentation Required :
Memorandum of Association / Partnership Deed. Board Resolution.
Audited balance sheet for last 3 years with good profits and
a debt / equity ratio below 2:1.
Maximum period 4 years.
Personal guarantee of MD or Chairman is sufficient; no outside
guarantor is required.
For further details on vehicle finance or financing options,
please contact your nearest Tata Motors office, the dealer or
write to us at: svv@tatamotors.com |
