The wait is over! Brace up to book your Tata Nano car very soon. State Bank of India (SBI) to be the sole booking authority for the much hyped people car of India according to chief general manager of Bengal SBI circle. If we were to go by various news reports in media, the SBI will distribute the prospectus in 100 selected branches across the country. The booking is expected to start towards the end of March and the initial amount could be around Rs 70,000 per car. Since the affordability of this car is well within the expectations of ‘Aam Janata’, it is expected to be a mad rush for bookings.
Various reports suggest that the allotment of the first 100 cars will be made through a random lucky draw and it may not be first come first serve basis. Though the car cost is expected to be around 1.25 lakhs, booking price is not cheap for sure. The Telegraph news reported that Tata Motors is expected to produce 3,000 cars a month in the beginning, while it is willing to accept orders for one lakh cars. Another prominent journal Hindu Business lines reports a spokesman having quoted that Tata Motors will give all the details concerning bookings on March 23, 2009. It goes on to mention that bookings will begin from the second week of April and customers may have to wait since the Nano will only be available in small numbers initially.
Whatever the news may be, Tata show rooms and SBI should start to ramp up their staff to handle the mad rush. It is just less than a month to read the official announcement from Tata Motors about the booking of its Nano car. Whether you are going to book it or not, start preparing for a heavy traffic on your city roads in the coming days!
More Details (Updated on 23rd March ’09):
- Models : Tata Nano Standard, Tata Nano CX and Tata Nano LX.
- Warranty : 18 months or 24,000 km, whichever is earlier.
- Engine performance : 23.6 km/litre, 2 cylinder petrol engine.
- Booking : Application fee Rs 300, booking charge of Rs 2,999 through SBI/Tata show rooms.
- Delivery : To commence from July 2009.
- Tata Nano Unknown Facts here and more information here from Tata website.