Corp Bank's Nano booking scheme

Corporation Bank has announced a special scheme for financing of booking amount for the Tata Nano. A bank release said here on Thursday that it will finance 100 per cent of the booking amount for all the variants at 10 per cent a year. Interest for 90 days is collected upfront. With interest and processing charges, the booking amount for the base model will be Rs 2,999 only. The scheme is operative at all the branches of the bank, subject to other terms and conditions, the release added.