I asked them to mail me the details we have spoken and here is what they sent to me!
DEAR SIR
DEATAILS OF CAR LOAN WAGAN R VX1I
ON ROAD ; 4,28,518
EX SHOWROOM ; 3,70,903
RATE OF INTREST ; 7.3 Percent
E.M.I ; 2312 for 60 months in advance DOCUMENTS 1. Releaving letter of previous company 2. Appointment Letter of present company 3. 2 Latest Salary Slip 4. 6 months salary credited in CITI BANK statment till date 5. Electricity Bill Xerox (Own house Proof) 6. Ration Card (Relationship Proof) 7. Driving Licence ( I.D+D.O.B+Signature Proof) 8. 1 Passport Size Photo
From
Ashwini ICICI car finance
so... from the EMI calculator it comes to 13.71% interest rate. Then how do they tell this as 7.3%!!!
Last edited by ramki067 : 16th May 2007 at 16:42.
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