Team-BHP - View Single Post

ramki067 · 15th May 2007, 14:26

Hi all,
I called up RNS Motors, Yeshwanthpur for a quote for WagonR on finance and they quoted 14% interest with dealer finance Citibank. Is it too high. RNS yeshwanthpur do not have SBI as their partner in finance when asked they said SBI asks many documents for finance so they took them out. Now they deal only with Kotak,ICICI and Citibank(to which my salary credits are made).Will it be better to wait for some months for interest rates to come down . Will this interest rates ever come down say during November period of Diwali? What do i do? Please guide.

Regards,
Ramki.

15th May 2007, 14:26	#1 (permalink)
ramki067 BHPian Join Date: Sep 2006 Location: BANGALORE Posts: 342	Loan interest rates too high! Hi all, I called up RNS Motors, Yeshwanthpur for a quote for WagonR on finance and they quoted 14% interest with dealer finance Citibank. Is it too high. RNS yeshwanthpur do not have SBI as their partner in finance when asked they said SBI asks many documents for finance so they took them out. Now they deal only with Kotak,ICICI and Citibank(to which my salary credits are made).Will it be better to wait for some months for interest rates to come down . Will this interest rates ever come down say during November period of Diwali? What do i do? Please guide. Regards, Ramki.