About TMF Group
Tata Motors Finance Limited (TMFL) and Tata Motors Finance Solutions Limited (TMFSL) are Non-Banking Financial Companies (NBFCs) and subsidiaries of Tata Motors Finance Holdings Limited (TMFHL), which is a core investment company (CIC). The dealer/vendor financing business and the refinance or repurchase of used vehicles come within the purview of TMFSL. On the other hand, financing of new vehicles is undertaken by TMFL.
Tata Motors Ltd (TML) is a leading global automobile manufacturer with an expansive portfolio of cars, sports vehicles, buses, trucks, and defence vehicles. Tata Motors Ltd is the 100% owner of TMF Holdings Limited (TMFHL).
Tata Motors Finance Limited (TMFL), a subsidiary of Tata Motors Finance Holdings Limited, offers comprehensive financing solutions designed for the entire range of commercial and passenger vehicles by Tata Motors. Its portfolio comprises of small - heavy new commercial vehicle loans.
TMFL is a non-deposit-taking and systematically important (ND-SI) NBFC and operates through Tata Motors dealers’ sales outlets and a strong own-branch network that spans various locations across the country. Ever since its establishment, TMFL has become one of the leading and most preferred financial institutions in India for vehicle finance.
Tata Motors Finance Solutions Ltd (TMFSL) is a fully owned subsidiary of Tata Motors Finance Holdings Ltd (TMFHL). Formerly known as Rajasthan Leasing Private Limited, TMFSL is headquartered in Thane. Since January 2015, TMFSL has been focusing on the used vehicle finance business of Tata Motors. With the primary aim of expanding the market of used Tata Motors commercial vehicles, TMFSL offers a range of quick and easy finance solutions for used Tata commercial vehicles as well as fuel loans. It is also dedicated towards promoting and sustaining the Tata Motors ecosystem of dealers and vendors by extending corporate loans for them.
TMFSL is tirelessly working towards bringing a transformation across the unorganized used commercial vehicle market, converting it into an organized model. In doing so, TMFSL intends to position itself as a reliable and trustworthy partner for the sales and purchase of used commercial vehicles. In its bid to achieve the same, TMFSL assures delivery of innovative financial solutions and fair & transparent processes in an agile manner to its customers across the country.
Enabling Economic Success, Fulfilling Aspirations
To provide relevant customer-centric financial products and solutions that support the sustainable growth of the Automotive Ecosystem.
TMFL’s strength lies in its customer focus, which leads to many customer-friendly schemes.
Its foundation rests comfortably on a strong set of Core Values, including:
Integral part of India’s most trustworthy name
Strong financial foundation
Well-defined controls supported by detailed processes & risk management Processes
Innovative customer-centric schemes
Highly experienced management team
The Tata Code of Conduct
This comprehensive document serves as an ethical road map for the employees and all group companies under Tata. It provides the guidelines by which the group conducts its business.
The Tata Code of Conduct (TCoC) outlines our commitment to each of our stakeholders, including the communities in which we operate. It is our guiding light for times when we are faced with business dilemmas that leave us at ethical crossroads. The Code is also dynamic and has been periodically refreshed so that it always remains aligned to the changes in laws and regulations. At the same time, it remains unaltered at its core.
This Code stands testament to the determination we have to help our employees in understanding their duties and commitments toward shared values and principles.
Click below to read Tata Code of Conduct (TCoC):