You are on page 1of 2

Insurance

Vehicle
Variant Car Price Equity Financing Cash Margin Guarantee
Premium
Premium
Prince Pearl 1,850,000 925,000 925,000 92,500 11,563 47,175
Prince K- 01 2,070,000 1,035,000 1,035,000 103,500 12,938 52,785
Prince Humsafar 2,669,000 1,334,500 1,334,500 133,450 16,681 68,060
Prince Glory 580 Pro 6,790,000 3,395,000 3,395,000 339,500 42,438 105,245

Notes:
Promissory note and counter guarantee to be signed by the customer along with 2 witnesses on Re 1200 stamp paper each
Insurance guarantee, vehicle premium, Tracker charges are calculated for entire tenure
Cash Margin will be refunded at Maturity
Cash Margin will be paid through a separate instrument
50% equity will be paid to Regal Automobile through pay order
Early payoff is allowed but insurance premiums are non refundable
Freight charges, processing charges, taxes and registration charges will be paid separately by the customer at the dealership
Vehicle insurance premium may slightly vary according to region / city due to freight charges and taxes
Post Dated Total Amount to be Total Amount to be
Tracker
Installments Tenure Cheques in Favor paid to Regal paid to TPL
Charges
of Automobiles Insurance
18,750 51,389 18 months RAIL 925,000 169,988
18,750 57,500 18 months RAIL 1,035,000 187,973
18,750 74,139 18 months RAIL 1,334,500 236,941
12,500 282,917 12 months RAIL 3,395,000 499,683

he dealership

You might also like