What is the minimum down payment for 7.69 lakh version ?
By: Don paul on 14 april 2015
Hello Don paul !!
For car with ex showroom price of 7.6Lac, the down payment of around 4 Lac would be essential. The remaining can be taken under loan. The downpayment can very depending upon policy of finance provider. For example, a central govt employed person can get huge sumas loan where as the same provision wont be given for private employed person. A detailed chat with the loan provider bank executives would help to negotiate in this regard.
The maximum loan eligibility depends on multiple factors including your previous credit history with that bank, your gross monthly income, etc. HDFC bank usually approve loan amount of 3.8 Lakhs for Mahindra Thar.
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