Quote:
Originally Posted by babureddy  i feel its always better to ask for the emi amount and bargain on that. Normally they quote less interest rate, but sometimes it will turnout that the emi they quote is quite more. Its always better to ask them for the emi and then start bargaining. |
If you can bargain then one should always go for it, but for banks like SBI banks there rates are already among the lowest , no hidden costs and good efficient service ( atleast pretty decent in Kolkata) .There was no bargaining with them there .
@ceebeezee - UTI has been in the car loan market for 3 to 4 years now and yes you can bragian with these guys , One of my colleagues did so and nearly matched SBI :-) !! BUT UTI has higher forclosure rates where he could not bargain at all.