• लॉगिन / रजिस्टर
  • s asked on 22 Apr 2020
    Q.

    What's the down payment?

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    • Cardekho Experts
    • on 22 Apr 2020

    Generally, 25 to 30 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/dealership only, as it depends upon individual eligibility. Check out authorized dealership details. You may check out our EMI calculator tool also.Here, it is very easy to calculate the EMI for your car loan. You will get EMI as soon as you enter the required loan amount and the interest rate. Installment in EMI calculator is calculated on reducing balance. As per the rules of financing institutions, processing fee or possible charges may be applicable which are not shown in the EMI we calculate.

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