By Admin 
Land Rover Defender Finance Plan: The Land Rover defender is a luxury car, which starts from Rs 1.05 crore to Rs 3.21 crore. It is difficult to buy this car of Land Rover by paying full payment at one time. In such a situation, this luxury car can be purchased on a loan for this.
What is the Defender’s on-road price?
The cheapest model of the defender 110 x dynamic HSE petrol has an on-road price of Rs 1.20 crore. You can get a loan of Rs 96.13 lakh to buy this vehicle. The bank will bring a certain interest on this loan, according to which every month you will have to deposit a fixed amount as EMI.
If your salary is between Rs 2.5 lakh to three lakh rupees and the bank imposes 9 percent interest on this loan, then you can buy this car on a seven -year loan. According to this, you will have to deposit a installment of Rs 1.55 lakh every month in the bank.
How much salary will the defender get?
If you want to take a loan for six years to buy this car, then your monthly salary must be between Rs 3 lakh and Rs 3.5 lakh. With this, an interest of 9 percent interest will have to be deposited in the bank every month.
Your monthly income is 3 to 4 lakh rupees or more or more, then you can take a five -year loan to buy this car, so that 9 percent interest will have to be deposited a installment of two lakh rupees every month.
To buy a defender, it is necessary to read all the documents carefully before taking a loan. If there is separate policy of banks, there can be a difference in these data of EMI. To buy this car on a loan, it is necessary to have about three lakh rupees for your monthly income.
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