Automobile major, Tata Motors has tied a pact with the largest lender of the country, State Bank of India in order to provide financing options to the dealers.
Dealers of both commercial as well as personal vehicle lines of Tata Motors will be eligible for finance. Finance options will be provided to meet working capital requirements of the dealers.
"SBI ranks as an important retail financier for Tata Motors today and this tie up is a further step to achieve a holistic value chain support which will help the company achieve its growth aspirations," said a Tata Motors statement.
The bank has come up with upgraded technology to offer top class level service in field of inventory financing.