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  • narendra asked on 27 Apr 2021

    Down payment kitna de sakte hai.... minimum or maximum

    • Cardekho experts
    • on 27 Apr 2021

    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 percent down payment is 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.

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    • Ranjit
    • on 28 Jun 2021


    Helpful (1)
    • Vansh
    • on 25 Jul 2021


    Helpful (0)
    • 3 Answers
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