Q. What is the down payment?

If you are considering taking a car loan, feel free to ask for quotes from multiple banks from the dealership itself. A lot of banks and lending authorities have tie-ups with dealers to offer you an easy loan. Or, you can check with your own trusted bank and authorities in case they have a better loan plan to offer. Also, if you are planning to buy a new car on finance, then generally, the down payment remains in between 20-30% of the on-road price of the vehicle and ROI varies between 9.25-11.5% and it totally depends on the CIBIL/Credit score of an individual. We'd suggest you walk into the nearest dealership to know the final finance quotation and documentation as they will be the better person to assist you. You can click on the following link to see the details of the nearest dealership and selecting your city accordingly.