Tata Motors Passenger Vehicles Ltd.

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Large Cap | Automobiles - Passenger Cars
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Tata Motors inks MoU with J&K Bank

Date: 09-07-2021

Tata Motors has inked a two-year memorandum of understanding (MoU) with Jammu & Kashmir Bank, the largest commercial vehicle financier in the union territory of Jammu and Kashmir, in a collaborative effort to offer financing options to its customers.

This partnership, with J&K Bank, will go a great distance in easing the vehicle financing process for company’s customers. It will also add impetus to the development of the union territory with Tata Motors' wide range of products in the cargo, passenger, and construction segments. The company will leverage J&K Bank's rich experience and reach, ensuring seamless availability of financing with its combined efforts.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.