• alok asked on 21 May 2019
    Q.

    I want to about the downpayment?

    • CarDekho Experts
    • on 21 May 2019

    If you are considering taking a car loan, feel free to ask for quotes from multiple banks from the dealership itself. A lot of banks and lending authorities have tie-ups with dealers to offer you an easy loan. Or, you can check with your own trusted bank and authorities in case they have a better loan plan to offer.Also, if you are planning to buy a new car on finance, then generally, 20 to 25 per cent downis required on the ex-showroom price of a car. However, exact confirmation regarding EMI, down payment, interest, loan period and its procedure will be discussed by the bank only, as it depends upon individual eligibility.Please click on the following link to check the EMI details. Kindly select the Brand, Model and Variant accordingly from the drop-down list.Car Loan EMI Calculator - click here Car Showrooms - click here

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    • 1 Answer

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