Tata Motors has just introduced an enticing financing option for three models – Tiago, Altroz and Nexon. Get this – without paying any down payment, customers can avail a six-month EMI holiday (except for the monthly interest) and get up to 100 per cent on-road funding for a loan tenure of five years. To provide this offer, the homegrown automaker joined hands with Karur Vysya Bank (KVB). Obviously, there will be eligibility criteria for both salaried and self-employed buyers.

If for some reason, you don’t like that financing scheme, don’t worry as Tata Motors has more options. You can opt for the step-up EMI offer on long tenure loans, stretching up to 8 years in duration. The best bit is that this option is available from multiple financing institutions. Tata Motors says that if customers use the second solution, they can get a starting EMI of Rs 5,555 for the Altroz. That figure, under the same scheme, for the Tiago is Rs 4,999 and Rs 7,499 for the Nexon.

Like most other carmakers in India, Tata Motors too has an online shopping platform called ‘Click To Drive’. Using that, customers can do everything from choosing the desired vehicle, the variant and the colour, to booking and opting for the preferred financing option. And yes, Tata Motors is also offering test drives at prospective customer’s chosen location, while conforming to all protocols for social distancing, sanitising and disinfection.

As for new product launches, the company should launch the Gravitas by the end of this year. Also, expect the introduction of the refreshed Tigor EV, mules of which have already hit the roads and spotted/snapped by keen-eyed onlookers. Apart from that, the Altroz is due to receive an automatic transmission option, and then there’s the upcoming Hornbill (H2X) micro SUV. All-in-all, there’s a lot to look forward to from Tata Motors’ stable.