Team-BHP - View Single Post - ARTICLE: How to get the lowest EMI & the best Finance Deal

carlover98 · 22nd January 2008, 13:21

Hi all,

I had taken a car loan from HDFC 3 years back at a rate of 6% and they had fixed the EMI for 5 years (Approx Rs 8650 for 4.5 Lakhs for 5 years).

Will my EMI still remain the same till the end or will it change as the bank rates have gone up over the last 3 years? I dont want to get a shock of my life when I go to close my loan after 2 years.

Cheers!!

22nd January 2008, 13:21	#75 (permalink)
carlover98 BHPian Join Date: Jan 2007 Location: Trivandrum Posts: 71	Hi all, I had taken a car loan from HDFC 3 years back at a rate of 6% and they had fixed the EMI for 5 years (Approx Rs 8650 for 4.5 Lakhs for 5 years). Will my EMI still remain the same till the end or will it change as the bank rates have gone up over the last 3 years? I dont want to get a shock of my life when I go to close my loan after 2 years. Cheers!!