Go Back   Team-BHP > BHP India > Team-BHP Reviews > Indian Car Loans & Insurance

Thread Tools Search this Thread
Old 23rd April 2008, 18:03   #16
Join Date: Feb 2007
Location: Jabalpur
Posts: 86
Thanked: Once

Very nice explanation, rkg.

It is unfortunate that many people are not very enthusiastic or inclined to learn about such calculations under the pretext that they are weak in maths.

Come on, it is your money, and you must know the math needed to deal with your money. The fact that many people get nervous with such calculation makes them sitting ducks when faced with smooth talking representatives of private banks.Ignorance, as always costs you.And I must say that it may make you a bonded labourer of private banks, if you do not do these calculations yourself and confront the bank representative, asking him the basis of his calculations.

In case you are well versed with the calculations, the smooth smile and glib talk will be wiped off his face to be replaced by fumbling responses. So please make an effort to learn about such calculations and ask questions which the unscrupulous bank representatives cannot reply.

And it is just arithmatic, nothing advanced.

Last edited by squarecut : 23rd April 2008 at 18:07.
squarecut is offline   Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
The Cheap Loan or the Smart Loan - SBI Advantage Car Loan keyur Indian Car Loans & Insurance 211 29th March 2018 11:38
Loan query - is this loan deal OK (From HDFC) BenjiRoss Indian Car Loans & Insurance 100 2nd September 2010 16:51
Loan woes with HDFC Bank paranoidAndroid Indian Car Loans & Insurance 24 22nd July 2010 19:44
HDFC Bank Car Loan Formalities sandipwadje Indian Car Loans & Insurance 4 15th October 2008 19:48
My experience with HDFC Finance (Auto Loan) VtecDeGr8 Indian Car Loans & Insurance 16 25th January 2006 03:41

All times are GMT +5.5. The time now is 07:57.

Copyright 2000 - 2018, Team-BHP.com
Proudly powered by E2E Networks