Tata Motors has tied up with a number of banks to provide enhanced finance options to its customers.

While details about where to book the Tata Nano are available, details about loans and interest rates are yet to be revealed.

In a bid to find more buyers, India's second largest car maker Hyundai Motor India has tied up with the Syndicate Bank to lure more buyers. As per the MoU signed with the Syndicate Bank, the two will further boost car loan disbursals for Hyundai vehicles.

Despite the current slowdown in the Indian auto market, Europe's biggest carmaker Volkswagen has expanded its presence in India by setting up a financial services subsidiary in the country. The auto major is targeting to pocket as much as 10 per cent of the Indian market in the next six year period.