Tata Motors Ltd pioneered commercial vehicle financing in 1957 in the name of BHPC (Bureau for Hire Purchase and Credit). Tata Motors Finance Ltd (TMFL), came into existence in June 2003. This was a common front-end, jointly formed by BHPC (Bureau for Hire Purchase and Credit) of Tata Motors and the asset financing arm of erstwhile Tata Finance Ltd. This company was a virtual entity, with both the divisions maintaining their legal identity, and was in the market for exclusively financing Tata Motors vehicles. Subsequently Tata Finance was merged with Tata Motors and in April 2005 TMF became a division of Tata Motors.
To date, TMF is the largest financier of vehicles manufactured by Tata Motors Ltd. With more than 2 million customers financed, TMF reaches out & helps customers realize their dream of owning a Tata vehicle easily.
At TMF, our vision is to be the most admired & successful vehicle finance company adhering to the core values as part of the Tata Group.
Over five decades of expertise in vehicle financing, Tata Motors Finance Ltd, is a subsidiary company of Tata Motors Ltd. Established in 1957, we are engaged in financing entire range of Passenger Cars & Commercial Vehicles manufactured by Tata Motors Ltd.
With a core purpose to reach out & help customers realize the dream of owning a TATA vehicle easily, we are present across 150+ locations and at all Tata Motors Ltd authorized dealerships.
Driven by the trust of more than 2 million customers, we are the largest financiers of vehicles manufactured by Tata Motors Ltd. Schemes designed to suit every customer requirement, flexible repayment options, hassle-free eligibility criteria, simple documentation and fast sanctioning process makes us the preferred choice of any customer desirous of owning a Tata Car or Commercial vehicle.