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Tata Capital Launches Instant Digital Sanctions For Commercial Vehicle Loans

Mumbai-based Tata Capital, the flagship financial services arm of the Tata Group, is in talks after launching “Instant Digital Sanctions For Commercial Vehicle Loans” for its customers. This latest offering is specifically designed for Tata Capital’s pre-approved premium dealers, who can offer instant loans to their respective two-wheeler vehicle customers. Since Tata Capital caters to the needs of its retail, corporate, and institutional customers, this new addition to its portfolio also creates hype in the unlisted share market. Now, the eyes of every retail investor are on Tata Capital share price to make a profitable investment. Without further ado, let’s talk about it below. 

Tata Capital’s New Initiative Towards Customers Loans

On September 25, Tata Capital launched instant digital sanctions for commercial vehicle loans It is an industry-first initiative offering specially customised loans to SME customers. Abonty Banerjee, Chief Operating Officer of Digital & Marketing at Tata Capital, said, “This is in line with our strategy of constantly providing innovative digital products and making the customer journey frictionless and simple.” 

He also said that the product will give SMEs customers of commercial vehicle loans a golden opportunity to meet their funding requirements in an easy and hassle-free manner. This initiative taken by the company will likely impact Tata Capital stock price in the unlisted share market. 

Tata Capital Collaborated With Original Equipment Manufacturers (OEMs)

Tata Capital has partnered with Original Equipment Manufacturers (OEMs) to execute instant digital sanctions successfully. The company collaborated to ensure customers get a wide range of choices while purchasing new commercial vehicles. This initiative will offer customers immediate financial solutions for purchasing the vehicles of their dreams, as said by the company in a Press Release on September 25. 

Further, the relationship manager will assist customers in the process of instant digital sanctions. Accurate and relevant information about customers will be taken directly using Vahan APIs. Scorecards will also be used for underwriting for effortless and minimum documentation for customers. Then, the customers will get a sanction letter within a few minutes of this process. 

Future Of Tata Capital Limited

The latest launch of Tata Capital for SME customers is in line with the strategy of consistently providing innovative digital products and making the customers’ journey frictionless and simple. Tata Capital is already a renowned name in the market, and its latest launches make the company more valuable in the eyes of the customers. Tata Capital not only values its customers but also investors and shareholders, offering them a high return on their investments. As a potential retail investor, if you want to diversify your investment portfolio, you should buy  Tata Capital unlisted shares. 
If you don’t know how to invest in unlisted shares, get help from expert brokers at Stockify, India’s most renowned online stock broking platform. The unlisted shares brokers will help you throughout the trading and make your investment an easy and seamless process. Speak to expert brokers at Stockify today and start trading.

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