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India: Indian Overseas Bank to offer Tata CV financing

The Indian Overseas Bank (IOB) has agreed to offer financing for Tata’s range of commercial vehicles across India. IOB will offer loans for up to 85% of the on-road cost (including vehicle cost, road tax and insurance) at the rate of 10% up to Rs2.5m (US$56,230) and 10.5% above Rs2.5m. Subscribe to Automotive World to … Continued

The Indian Overseas Bank (IOB) has agreed to offer financing for Tata’s range of commercial vehicles across India. IOB will offer loans for up to 85% of the on-road cost (including vehicle cost, road tax and insurance) at the rate of 10% up to Rs2.5m (US$56,230) and 10.5% above Rs2.5m.

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https://www.automotiveworld.com/articles/81815-india-indian-overseas-bank-to-offer-tata-cv-financing/

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