Tata Nano, introduced by the Indian Automobile giant Tata Motors is believed to be a boon for Indian economy. In India, public transport and other related services are lacking in terms of fulfilling people's demands. Especially, people in the rural areas, who cannot afford to spend money on travel, Nano would make a cheap deal for them. As fas as urban population is concerned, Nano is to replace scooters and motor-cycles, riding on which is not considered safe for a family in heavy traffic or during monsoons. Plus, glancing at the increasing domestic demands and changing social standards, launch of Tata Nano seems promising.
Research from Automobile Research Association of India shows that the Tata Nano is the most fuel-efficient car in India out of 450 models available in the Indian market. The car also has potential to replace all other big cars that consume space leading to traffic jams and parking problem. Thus, if one believes that Tata Nano is an immediate future of the transport in India then one should also take a step ahead to insure the car before booking it. Let's see what the booking procedures are and how one can secure his favorite Tata Nano:
Booking Tata Nano:
As declared by Tata Motors in a release, booking for Tata Nano will continue to the end of day on 25 April. Application forms are available at a price of Rs. 300 (for online booking Rs. 200).
The forms can be bought at over 30,000 locations in about 1,000 cities through Tata Motors passenger car dealerships, State Bank of India and its branches, its subsidiaries and associates, other preferred financiers, and outlets of Westside, Croma, World of Titan and Tata Indicom exclusive stores. The forms come with a range of offers from select associate Tata group companies up to Rs 1,100
Customers can either pay the entire booking amount - of Rs. 95,000 (Tata Nano Std), Rs.120,000 (Tata Nano CX), and Rs.140,000 (Tata Nano LX) - themselves or seek financing of the booking amount.
To facilitate booking of the car and finance to the prospective customers, Tata Motors has entered into agreements with 18 preferred banks / NBFCs. So, the prospective customers get all the support while booking Tata Nano.
Insuring Tata Nano:
Make sure that along with getting maintenance of your Tata Nano done, get the Insurance done. Getting a Motor Insurance done is a wise act to safeguard your favorite car.
Tata Motors has tied-up with five partner insurance companies, which are National Insurance Co, ICICI Lombard General Insurance Co, Royal Sundaram Alliance General Insurance Co, United India Insurance Co and HDFC Ergo General Insurance to offer comprehensive insurance, under the 'Tata Motors Insurance' banner, for the Tata Nano at a rate of just 2.76 per cent of the ex-showroom price of the car.
The insurance premium would start at Rs 3,468 (ex New Delhi). The company has also added that while the interest rates on the loan amount would vary between 9 per cent and 14.25 per cent, customers would have to spend Rs 3,468-Rs 4,431 as insurance premium.
As Motor Insurance is mandatory in India and is governed by the Motor Tariff Act, the policies offered by various companies are more or less the same. There is not much room for innovation in this category. ICICI Lombard offers Car Insurance and Two Wheeler Insurance to its customers. ICICI Lombard is known to offer one of the best rates in the market. As the entire buying process is online and instant through their icicilombard website, without any submission of documents or other formalities, people generally opt it for convenience. One can not only buy, but also manage and renew their insurance policies online.
It is always wise to secure your car. If Tata Nano is a special car for you, treating it with care and protecting it from uncertainties, accidents is equally prudent. Our Motor Insurance plans comprehensively cover you and your car against all the risks and bring you a peace of mind. You can buy or renew the policy online, which is the fastest way to protect your vehicle. Get your Tata Nano insured and enjoy a risk-free driving experience!
No comments:
Post a Comment