Quote:
Originally Posted by tushar79  SBI is offering me 11.25%
The EMI is Rs5,193 [Rs 2 lakh for 4 years]
The dealer is offering ICICI's 13.75% (+3.5% finance payout)
The EMI quoted is Rs5,171
Does that mean the finance payouts negate the PSUs' lower interest rate advantage? Or is there something wrong here?
Also, does daily reducing/yearly reducing matter when the EMi is lower? |
wrong calculation on icici emi for 2lakhs for 4 years its comes Rs.5440/- @13.75% SBI emi is correct Rs.5193/- @11.25%
Please check once again at your end.
balu