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Nano: All about booking, allotment & more
March 24, 2009
Refund on cancellation
The refund of the booking amount (without interest) would be processed within 15 working days of receiving the complete cancellation documents.
You will be informed by Tata Motors after processing your refund.
Tata Motors will not charge any cancellation charges for any cancellations done within 30 days of announcement of allocations.
Any cancellations received by Tata Motors after 30 days of announcement of allocation would attract a cancellation charge of Rs 2,999. These include the administration charges.
This amount would be deducted from your booking amount and sent as your refund.
Cancellation due to delay in delivery period committed by Tata Motors will attract an interest @ 6% per annum on the booking amount from the date of allotment.
Refunds would be done only to the designated account as per the details on the application form.
Image: The Tata Nano being launched in Mumbai on Monday.
Also read: What driving the Nano feels like!
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