I have applied for a car loan total amount to Rs . 520500. The loan had been approved. After my loan approval I have come to know that I will be getting corporate discounts from the car manufacturer and the total amount will be rs. 497000. In this case will the bank deduce the sanctioned loan amount to rs 497000?
According to the banks T&C it is clearly written 100% ex-showroom price, so Now if I tell the dealer to include the accessories price also in the bill will the bank accept it. And if I ask the dealer to increase the ex showroom price in the bill then that will increase road tax as well as insurance right? So, what all options I have now? plz suggest.
It is a little critical situation. I think , if you negotiate things with the dealer, it might work, perhaps. The invoice is done on the ex-showroom prices, It is difficult although. I would like to suggest you to communicate with the bank manager and explain all the issues and situation. He may come up with certain help.