I have a salary of Rs. 20,000, can I avail the loan facility for buying?
By: Chethan on 8 january 2016
Yes, you can avail the loan facility, however Honda City might be little expensive for that since you would not be able to pay 20,000 towards EMI and would have other expenditures too. You can have the EMI duration period increased to the length you feel is appropriate and change the car as per the EMI that you can pay. You can use the EMI calculator to decide this.
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