How much i have to pay initially for eco sport high end and i 20? I choose 60 months emi for both cars..
By: CS Raju on 3 january 2015
The initial amount that is to be paid depends upon the total price of the car and the loan tenures, interest rate and so on. Generally minimum 20% of the money has to be paid as initial deposit for getting the vehicle loan. The more money you pay initially, lesser will be the EMI. As interest rate remains constant, the EMI directly varies depending upon amount paid initially. You can get a detailed quote on variaous options and interest rates quoted from sales department of dealerships.