Jaipur, February, 2026.

Tata Motors, India’s largest commercial vehicle manufacturer, announced the signing of a Memorandum of Understanding (MoU) with Rajasthan Gramin Bank (RGB) to enhance financing for its entire range of small commercial vehicles and pick-ups (SCVPU), including the Tata Ace Pro. The tie-up will make vehicle ownership easier for customers through attractive and competitive interest rates, simplified and customer-friendly documentation, fast loan approvals and quick disbursement. With RGB’s extensive network of 1,597 branches, aspiring entrepreneurs, transporters and first-time buyers can access affordable EMIs, helping them start and grow their businesses.

Tata Motors’ small commercial vehicles and pick-ups have long supported Rajasthan’s trading, mining, agricultural, tourism and services economy, enabling the movement of farm produce, dairy, market goods and daily essentials across urban and rural markets. The SCVPU portfolio is well suited to the state’s diverse operating landscape, supporting business needs across all trades. The company’s advanced cargo solutions offer customers the flexibility to choose from multiple fuel options and configurations suitable for their business.

Commenting on the partnership, Mr. Pinaki Haldar, Vice President & Business Head – SCVPU, Tata Motors, said, “For over two decades, Tata Motors’ small commercial vehicles have played a pivotal role in enabling entrepreneurship and supporting livelihoods across the country. Our partnership with Rajasthan Gramin Bank marks a meaningful step forward in this journey—making ownership of our trusted products more accessible through simplified, affordable financing. With lower EMIs and faster loan turnaround, this collaboration will empower more customers across the state to start and grow their businesses with confidence. Rajasthan Gramin Bank’s strong regional presence and deep understanding of local needs make them an ideal partner in helping us reach aspiring entrepreneurs across Rajasthan.”

The MoU was signed in the presence of Mr. MukeshBhartia, Chairman, Rajasthan Gramin Bank and Mr. Deepak Gautam, Sr General Manager and Zonal Head (North), Tata Motors, along with senior officials from Tata Motors and Rajasthan Gramin Bank.

Tata Motors offers a wide range of small commercial vehicles and pick-ups, available in payload capacities ranging from 750kg to 2-tonne and multiple powertrains including diesel, petrol, CNG, bi-fuel and electric. The portfolio includes the Tata Ace, India’s most successful commercial vehicle, empowering over 25 lakh entrepreneurs. The Intra pick-up redefines the segment with enhanced drivability, high payload capacity while the rugged Yodha is built for the toughest terrains, ensuring seamless cargo movement even in remote regions. Strengthening this portfolio further is the Ace Pro – India’s most affordable 4-wheel mini-truck, designed for varied operating needs and Ace Gold+ Diesel mini-truck – with innovative technology that reduces cost of operations. Together, Tata Motors’ SCVPU range delivers durability, reliability and strong value, backed by an extensive sales and service network and the Star Guru network.