Originally Posted by Sagar007
Oh my god! You should have gone with Bankbazaar they have very good professional service and discounted interest rates and 0 processing fee as well! which I received.
Yes about the Loan: I had processed long time back with Bank Bazar and got Magma the lowest interest rate i.e. 10.5% also 4k bonus as you said. But magma had flat 5% foreclosure charge all over the tenure. The kotak Guy quoted 10.45% interest but processing fees Rs. 2150 but in Kotak he said after the 50% time of the total loan tenure there will be no charge for foreclosure. This was my interest as I planned to close the loan early (may be). So as per my calculation if I do so with Magma Iíve to pay 10k. So I thought Kotak will be beneficial. However the Magma sales guy also told they will reduce it at the time of foreclosure but as nothing written, I cant trust on that. But later after argument the kotak guy did @ 10.5%.
The 6k loss is for BankBazar bolus +4k and -2k Kotak processing fees. But now Iím thinking I did wrong. Also as the guy from showroom so I thought there will be no trouble for payments (kotak to showroom) if other finance sometime the showroom claims they didnít receive payments yet, they need this this and that may increase my work. And I have very less time to work on these. So had to go for this.
While at discussion the SA always saying this could delay delivery and same at other words. Its like they just need a scope to let you think. I was very tired in all these, as the EMI remain same so didnít take anymore headache. These guys sucks
For the reg no its now mandatory these days after RTO rules change every car has to visit RTO by itself. 1st when the car is going to register. Now a days engine, chassis number photo doesnít work, the car physically have to be present and the officials will check. and 2nd when the number plate will be ready, the number plate cannot install from outside like previously we did, its prepared by the RTO with the chip installed and they fit it by themselves. Not nut and bolt fitting, they install it by a machine. As the RTO is very near to my house so Iím not worrying about that.
Even after all these I keep remain calm as I need a smooth deal, but if they do any tricks later I will be a big headache for all of them