· Latest digital offering exclusively available for Tata Capital’s premium two wheeler dealers
· Collateral free loans; pre-approved up to INR 50 Lacs
· Unique proposition to boost Commercial & Retail Loans
Mumbai(LiveBharat24): Tata Capital, the financial services arm of the Tata Group brings to its premium commercial customers a unique ‘Digital Trade Advance’ product. This latest offering is exclusive to Tata Capital’s pre – approved premium dealers who can now provide instant loans to their respective two wheeler vehicle buyers.
Key Features of Digital Trade Advance offering are:
· Same day sanctions for loans upto Rs 50 lacs
· Collateral Free loans
· Minimum Documentation- Only KYC documents required in pre sanction stage
On the launch of Trade Advance, Ms. Abonty Banerjee, Chief of Digital and Marketing, Tata Capital said, “Digital Trade Advance is our latest offering exclusive to our customers dealing in two wheeler vehicles across India. This product aims to help our dealers grow their business by providing easy and accessible finance options to their customers. Also, DTA will further boost sales for this category as the festive season demand gains momentum.”
Tata Capital’s Commercial and SME Finance Business is committed to being a complete financial solutions partner. The company offers a comprehensive range of innovative digital products and services which provides value to its customers. With a significant increase in the digital penetration of customers, Tata Capital offerings include an exclusive portal for its Channel Financing and Commercial Lending Borrowers and also a dedicated smartphone app.
The latest Digital Trade Advance, the company adds another unique offering specifically for the commercial finance segment.