You may acquire the new Micra or Sunny with the ‘lower than lowest’ EMI scheme by paying 34% of the on road price of these models. Nissan declars that dosin so would reduce the EMI outflow of the customers by 40%. The catch is - You can pay Rs 8999 per month as EMI for 35 months and the 36th EMI would consist of the balance amount that remains. This Auto Loan scheme from Nissan motors comes for a 3 year period.
Banks such as HDFC, ICICI, Kotak Mahindra and Tata Capital are participating in this scheme.
With the car market consisting of few buyers this season, the Lower than Lowest EMI scheme from Nissan seems to be an attractive option for the car buyers - especially the young buyers - that wish to kep their Car Loan EMI to be less than Rs 10,000 a month.
This Lower than Lowest EMI scheme from Nissan is valid till 30th April, 2013.