I am going to buy the TVS Jupiter which is costing me Rs. 57498/- on road with five years warranty and accessories of rs. 2000 from the dealer. I opted for the loan and I was told that loan will be charged at 13.5% and they calculated the 13.5% on

Ask the Expert - #askcnb
#1

I am going to buy the TVS Jupiter which is costing me Rs. 57498/- on road with five years warranty and accessories of rs. 2000 from the dealer. I opted for the loan and I was told that loan will be charged at 13.5% and they calculated the 13.5% on the total on road cost of the scooter even though I am ready to pay 25000 as a down payment. I am seeking your view on how to go ahead with the payment.

Question asked from: http://www.carandbike.com/