Cars Q&A

Hi, U can directly proceed to any nationalised bank or the bank in which ur salary is being deposited by your department. They can tell u how much you can obtain thru their bank itself. But, I think you have to convince them that, you have the ability to repay i.e., by your credit history etc., ask your bankers to calculate on repayment period upto 7 years (Max).. being a government servant you have the option to select the maximum repayment period...

Regards,

Dear Pratik, The 2.5 l by your company will be given to u or directly to the company(Maruti). If 2.5 is deposited in your a/c then it is easy. This 2.5 will be the margin mony. Any bank will jump to finance the rest of the amount. Approach SBI.

But if the 2.5 is given directly to the company then you cannot get two loans on one article.