Tata Nano bookings about to open - booking amount Rs.70,000
The wait is finally over! Tata Motors begins bookings for the world’s most awaited model by end of February 2009. The booking amount for the world’s cheapest car will be Rs. 70,000. However, even after paying nearly 70 percent of the total cost, the wait for the final delivery of the car may be quite long. The company is starting bookings for the ultra cheap car within the next weeks.
Coming three weeks, Tata dealers along with State Bank of India branches across the country will accept bookings for Tata Nano. The company has engaged around 100 branches of State Bank of India which will be eventually increased to 1000 branches pan India.
State Bank of India has entered an agreement with Tata Motors whereby the bank will not only be the sole lender for the car but will also book the cars for the company through its branches across India. SBI has one of the largest networks of branches in India and penetrates deep into the rural areas as well. SBI is also the largest nationalized bank in India which is quite capable of handling such volumes and making the “People’s Car” available to the people residing even in the remotest places of India.
According to the company estimates, Tata Motors expects to get initial bookings for at least one lakh cars in India alone. This means that the company will be able to sweep in at least Rs. 700 crores of cash within few weeks of opening of bookings for the car. In the time of greatest recessions ever, this would be a major launch for the company which will be able to roll in cash for Tata Motors. The car will be allotted to the people through a lottery system. This means that those listing on the top of the draw will be the first proud owners of the car for the first 100 Nanos that will hit the Indian market. These will also be the people who will be able to get the premium in the grey market.
Tata Motors had initially planned to launch the car in October 2008. However, the company had to shut down the plant and quit the nearly complete plant in Singur, West Bengal. Tata Motors has faced fierce and violent protests from farmers who refused to be monetarily compensated and claimed the land to be returned to them. Tata Motors moved its complete Nano project to Sanand near Ahmedabad in Gujarat.
The first batch of Tata Nano will, however, roll out from company’s Pantnagar manufacturing unit in Uttrakhand. Tata Motors will commence full-fledged production of the car from its Sanand plant early next year. The car has already passed its road tests with flying colours and has been seen covering the hilly terrains of Uttrakhand for its safety and mileage features.
As the world awaits the first glimpse of Tata Nano on roads, India can be surely proud to be the first to bring the world’s cheapest car on road. In the times of recession and fuel efficient cars, Tata Nano is sure to make its mark in the auto world around the globe.
Comments on this article
Post a comment on this article
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Buying NANO is my parents dream. i want to make the dream come true. Jyothi. 9741353434
March 25, 2009 by Jyothi
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this people's car would be a mile stone and give spark to middle class . i think is matter of confidance thank you TATA Ramanand singh Rajdham, maheshkhunt, khagaria. BIHAR
March 24, 2009 by Chutmaro
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Sir, I want to buy a Nano car with A.C. at the earliest ( my parents can they buy on my name as i have given them GPOA). Can you help me to get the car at the earliest possible. Thanks. b. partha.
March 23, 2009 by PARTHASARATHY
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Sir, Very good expansion of the word Nano you have given. Thanks a lot. Car = Comfortably arranged ridding. Bus = Bulk utility services. Train = travels on the track. Training = to put you in the right track.
March 23, 2009 by Radha
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Hi Mr Ashwani kumar narang Can u please tell source for the Expansion for NANO. NANO means Nest And Nitche Operational.As it is quite known that NANO is inspired from NANO Technology .
March 06, 2009 by Shiva Shankar, CarTrade Expert
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NANO means Nest And Nitche Operational
March 06, 2009 by Ashwani Kumar Narang
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Thanks To Mr. Ratan TATA Tata Nano is wonder for small & middle class people to as dream to seat comfortable and look out the world in Nano.It will be part of every middle class family. thanks to Mr Ratan Tata for his Hospitality behaviour. Good luck for success. I am also waiting person for nano, infrount of our home.
March 06, 2009 by Wajid Aslam
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My self & my family just weting for india's dreem car NANO nano is realy desing for indian middel class family, thank to all Tata family,
March 06, 2009 by Wajid Aslam
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March 06, 2009 by
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I am waiting for NANO as my current running car is now 10 years old.Now this is the time for replacement. Nano ...... come soon Dr Deepak
March 05, 2009 by Deepak
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Best of luck
February 28, 2009 by Krishna Manne
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I need this car very soon can you provide me. Sir I love this car and my family also need only Tata Nano.
February 27, 2009 by SANJAY K CHAUHAN
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hello sir weather the nano has A/C in it or not??
February 25, 2009 by Vijay
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I have read about the Tata Nano and I believe this car to be the answer to a lot of people's needs in the whole world! People need an inexpensive car that is safe, economical, fuel efficient, and better for the environment! The Nano supplies all these things at a price that is fair and right! God bless Tata Motors for being true to those who do not want to pay 1,000s more than other cars are worth! SaintlyMic JESUSisGOD.com
February 24, 2009 by SaintlyMic
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mera sapna nano se bhi sasti car utarne ka hai or bahut jaldi aap payenge sirf 125000 me name of the car " udankhatola"
February 24, 2009 by Rajendra Singh Chouhan
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Sir, TATA NANO have been designed specially for middle class family car with their low budget. It is not only a small car really its a small wonder for middle class families,to get rid of rain,sun,cold& dust, all the best and good luck. Many thanks to Mr. Ratan Tata ^ all staff of TATA Moters for their surprised discovery for normal publics. Thanks Sudarsan Pradhan 132 Shantikunj Society Jakatnaka, Palanpur-patia SURAT-395009 9427834925 0261-2761303
February 19, 2009 by SUDARSAN PRADHAN
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chodu banate hai
February 17, 2009 by Aaashaaa
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this news is false . I just checked with the Tata Nano team. They have not made any such announcement .
February 17, 2009 by Gaurav
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Hi, every body, Nano car is gratest car in india and every middle clase family need this car and want this car,
February 16, 2009 by Dhirendra Singh
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thanks nono
February 11, 2009 by Ashwin Sharma
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Dear Chutmaro, You need to stay OUT of the backseat. Keep your mind and eyes always looking out the FRONT window and you will be blessed with a good life. I know this very well and advise you as an older man. Matt / Michigan USA :) Msmiller@casair.net
February 11, 2009 by Matt In USA
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Hats off to the Tata family and crew for such a fine car. I wish for them that they had not bought Jag and Rover which is surely now a stone around their company's neck. This early release and high down payment appears to be the way they will raise cash to pay down the 2.3 billion due on Jag. I wish everyone the best and wish this car was coming to America. Long live Obama.... down with George Bush forever as he was an evil man.
February 11, 2009 by Matt In USA
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ALSO DISPLAY INTIRIOR AND OTHER SEGMENT OF NANO
February 10, 2009 by MUKESH
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Thanks to Mr. Tata FOR MAKING SUCH MIRACLE
February 10, 2009 by Subhash
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very cute look
February 09, 2009 by Siraj
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hayran hun tumhe dekh kar..khwab hakikat men utar aaya hai.. barson se tha jiska intzar..nano me vo 'noor'nazar aaya hai.. nano is my dreem car...thanks tata...
February 09, 2009 by Gautam Jain
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my dreem car..thanks tata...
February 09, 2009 by Gautam Jain
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Guys - Keep your dreams alive for a yaer more, as Nano might take that time to roll out on the streets from the actual Nano plant.
February 09, 2009 by Avik
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Guys - Keep your dreams alive for a yaer more, as Nano might take that time to roll out on the streets from the actual Nano plant.
February 09, 2009 by Avik
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tata nano is my wouldbe(nithyabalakrishnan) dream car
February 09, 2009 by Nithya
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Few months ago, I was sure of the rush for NANO as the booking starts.... Today, Guyz... how far is the 'premium' for the car in the grey market guaranteed ? Do you think there'll be many takers with high premium...
February 08, 2009 by Gee
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Dear, SBI is not a nationalized bank.It is largest public sector bank.Thanks for the article. Anyone require SBI car loan/home loan @ Bangalore please mail me at anjan.sbilife@gmail.com
February 08, 2009 by N Anjan Kumar
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I think TATA NANO is the best car for me and my family.For today's generation i think it's the wonderful car.It's style,shape,seats and it's look is really very sweet. I want to say "THANKS" to Mr Ratan Tata.
February 07, 2009 by Ayushi Gupta
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I think TATA NANO is the best car for me and my family.For today's generation i think it's the wonderful car.It's style,shape,seats and it's look is really very sweet. I want to say "THANKS" to Mr Ratan Tata.
February 07, 2009 by Ayushi Gupta
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I'm NRI working in gulf & want to book TATA NANO.Pls.advise me the process. Jayant Doha,Qatar Cell.#: +974 6763209
February 07, 2009 by Jayant Verma
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so-so
February 07, 2009 by Mrs Rajni Gupta
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I think the dream of us is just one step ahead. I mean the dream of a common and middle class family. Hope the sweetest small car will stand infront of our house in a few days.
February 07, 2009 by Nasim Mohammed
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It is wonder for small & middle class people to as dream to seat comfortable and look out the world in Nano.It will be part of every middle class family. thanks to Mr Ratan Tata for his Hospitality behaviour. Good luck for success. I am also waiting person .
February 07, 2009 by Pawan Gupta
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I am an NRI working in the Gulf. I want to book Tata Nano car online, what is the procedure. Give me the details
February 07, 2009 by Nazeer Ahmed Khan
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hai, the king maker in car world mr.tata nano
February 07, 2009 by Sekar
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i need to the more stylish cars in tata nano.
February 07, 2009 by Kavithasekar
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hai,tata nano i want to the more varities of cars,stylis,colours.
February 07, 2009 by RATHI
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TATA I WOULD LIKE TO YOUR NEW PRODUCT NANO.I WANT TO THE SPECIFACTION MORE DETAIS ABOUT NANO(FOR EX.GEARING,MILAGE,LPG FITTINGS,A/C,POWER STARING,CENTER LOCKING SYSTEM ETC.,)
February 07, 2009 by Balakrishnan
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nano is so small that any young guy cannot use its back seat.
February 07, 2009 by Chutmaro
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dear sir, TATA NANO IS NOT ONLY A SMALL CAR, IT IS OUR LONG DAYS DREAMS!!!!!!!!! our only ambition is purchase of one TATA NANO CAR SYED IBRAHIM INSURANCE ADVISOR STATE BANK OF INDIA CHENNAI-600 001
February 06, 2009 by Syed Ibrahim M
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dear sir, TATA NANO IS NOT ONLY A SMALL CAR, IT IS OUR LONG DAYS DREAMS!!!!!!!!! our only ambition is purchase of one TATA NANO CAR.
February 06, 2009 by Syed Ibrahim M
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i love nano nais tata im sk hussain
February 06, 2009 by Shaik Hussain
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i love nano
February 06, 2009 by Ali
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i love nano
February 06, 2009 by Ali
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this people's car would be a mile stone and give spark to middle class .middle class dream become true because of Mr.Ratan Tata, thanks lot Mr. Tata and their team.
February 06, 2009 by Tamilselvam
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please tell when this car will be available in Pakistan? Also tell price expected and the settingup of assembly plant options for pakistan?
February 06, 2009 by Muhammad Salman
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Gr8 emotion with TATA NANO
February 06, 2009 by Ritesh Kumar
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middle class dream become true because of Mr.Ratan Tata, thanks lot Mr. Tata and their team. thanks car trade India. Sunil Pune. 9892133222
February 06, 2009 by Sunil
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hi! tata nano is not only a small car really its a small wonder& boon for middle class families,to get rid of rain,sun,cold& dust,in lower budget, all the best and good luck. Many thanks to Tata Motors especially to RATAN TATA SUMAN PITTA 74-2-1 PRAKASH NAGAR RAJAHMUNDRY,EG DIST,AP INDIA
February 06, 2009 by Suman Pitta
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Its good news for India and Indian pepole b'coz of right now in world slowdown in market but in comeing this car may be INDIA AND INIDAN to be proud for may be upcoming MARKET and not face slowdown.
February 06, 2009 by Rajiv Kadia
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February 06, 2009 by Anil Manne
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Many thanks to Tata Motors
February 06, 2009 by Vandana
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Thanks TATA! Long live Ratan Tata. I am just booking for it. Congratulations India!
February 06, 2009 by Kuldeep Bhardwaj
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the best oportunity of middle class people so buy nano drive nano thank u TATA
February 06, 2009 by NEELAM SRIKANT
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Congratulations TATA ..... Congratulations INDIA!!!! For fulfilling comman family's dream. Long Live Mr.Ratan TATA. Sanjay Pagar, nashik
February 06, 2009 by Sanjay Pagar
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sir, i want to buy tata nano as soon as possible.hope it wiil be help to our nation in india.
February 06, 2009 by Shishir Mohanty
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this people's car would be a mile stone and give spark to middle class . i think is matter of confidance thank you TATA Ramanand singh Rajdham, maheshkhunt, khagaria. BIHAR
February 06, 2009 by Ramanand Singh
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