Nano booking to start from April 9

March 23, 2009

The booking of the Nano, the Rs 100,000-people’s car from the Tata stable, will begin on April 9 and remain open till April 23.

The delivery of the first lot of Nano cars will begin in early-July, he said, adding that applications for booking of the car would be available in 30,000 locations in 1,000 cities across India.

State Bank of India would be the qualified banker for collection of bookings in 850 cities, he said.

The car can be booked by just paying Rs 2,999 upfront while the rest can be secured by way of loan, he said. There would be 15 preferred financiers for the booking whose names would be disclosed in three days.

The first 100,000 customers will be selected by draw of lots from the bookings.

Source: Rediff