What would be the EMI amount for TVS Phoenix if I pay Rs. 30,000 as down-payment?
If I am making a downpayment of 30000/- and book the pheonix disc version, what would be my monthly installment amt.?
The present interest rates of two wheelers loan in India vary between 11% to 20% depending on the finance company or bank, type of vehicle, loan applicant employment type, source of Income etc, in my opinion per month EMI amount (after down-payment of Rs. 30,000) for 20 month period would be around 2,000 for TVS Phoenix (Drum) and would be around Rs. 2,200 for TVS Phoenix (Disc); I advise you to visit your local TVS dealer as there you would be quoted EMI amount more precisely.
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