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INFO TATA NANO CAR LOAN: bank loan will consider personal load and interest 18% and when you get car then 9.5% as car laon. so Tata motors and all related Banks are cheating with customers. so how have issue Please go to Consumer court!
By Sunil 07 July 2009
Answers:

I had been allotted and I had tried for bank loan they say the luxury car cost is 2Lacs and 5 Thousand+interest makes nearly 3 Lacs.Whats the use na.Why tata nano people said that even luxury car will come in 1 Lacs.Its better to buy any other second hand luxury car.I really agree that Tata Nano people are cheating and Bank people are cheating.They just want to earn money with out any work.

Answer by Sheetal 07 July 2009

UIN 112388799 I had been allotted and I had tried for bank loan they say the Nano car cost is 1.35Lacs and 18000 Thousand+interest makes nearly 2,40,000 Lacs.Whats the use na.Why tata nano people said that even Nano car will come in 1 Lacs.Its better to buy any other second hand luxury car.I really agree that Tata Nano people are cheating and Bank people are cheating.They just want to earn money with out any work.

Answer by SRINIVASAMURTHY 07 July 2009

Ohh! Know!

s it relay True ??????

What good info. thanks and

Mr.Shiva it is good site!

Answer by Sonali 07 July 2009

I agree to this I would like to join and file a case in consumer court as I had booked a Nano through TATA motors finance. Now the person tells me that either I have to pay 21 thousand as intrest or hav to pay 1lak 40 thousand to get the nano that to its alloted next year in 2010.

This is clear cheating why do i have to pay intrest for an amount which I am not using at all ???

Regards,
Faraz

Answer by Faraz 07 July 2009
expert
Expert`s comment:

Hi,
We will soon contact Tata people and get clarification regarding this matter.

Answer by Shiva Shankar 07 July 2009

Mr. Faraz that is why I guide you, Please go to consumer court, file case then you will get your booking amount with interest. I assure you because my father is Judge in Hugh court so I discuss with my father!

Ok!

Good Luck!

Answer by Sunil 07 July 2009

Dear Sirs,

Tata motors or bankers or not fools and they are fool makers, people should aware all these things before booking,

They will be having clear terms of intrest and other fooling goodies in the application which people have agreed and signed.

any one persons filing a case will not have any impact and thousands of cases only can make a change.

They consider person loan and charge 18% intrest, since they do not have any hypothications for the amount.

and once you get the car they hypothicate to bankers and consider as a car loan at reduced intrest rate.

Their is logic behind it and only peoples are fools to accept these terms.

Answer by Manjunath 07 July 2009

Hi Shiva!
Have you contact Tata people as per your Reply here????

Answer by Aditya 07 July 2009

PLZ REPLY MR. SHIVA!

Answer by Aditya 07 July 2009
expert
Expert`s comment:

Hi,
Mr Aditya sorry for late reply but We approached Tata motors representitives regarding the same.yet to get confirmed information.

Answer by Shiva Shankar 07 July 2009
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