Financing-The Heartbeat of Auto Sales

H.O-DA-30,Sector-1,Salt Lake,Kolkata-700064

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In fast evolving world of preowned car, sales financing isn’t just a service. It’s the engine that drives the entire experience at AJASSO. We believe financing is the heartbeat of every successful auto sale. It is what
transformer dream into a drive away reality.

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September 17, 2024 at 11:29 am

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Financing a used car doesn’t have to be stressful . With the right guidance, a transparent lender, and flexible plans, it can be a smooth and empowering experience.

Our Location

Address – H.O-DA-30,Sector-1,Salt Lake,Kolkata-700064

Address – b.O Sector-A, 4/254 Oakwook villa shushant golf city ansar lucknow – 226030

Email – sales@ajasso.in

Phone – +91-8100026790,+91-8707056755

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calc

The following tool helps users estimate their monthly payment and overall cost of financing the vehicle.

It simplifies the decision making process by providing real time calculation based on the inputs given.

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Calculator Information

The Equipment Finance Calculator calculates the type of repayment required, at the frequency requested, in respect of the loan parameters entered, namely amount, term and interest rate. The Product selected determines the default interest rate for personal loan product. The Equipment Finance Calculator also calculates the time saved to pay off the loan and the amount of interest saved based on an additional input from the customer. This is if repayments are increased by the entered amount of extra contribution per repayment period. This feature is only enabled for the products that support an extra repayment. The calculations are done at the repayment frequency entered, in respect of the original loan parameters entered, namely amount, annual interest rate and term in years.

Calculator Assumptions

Length of Month

All months are assumed to be of equal length. In reality, many loans accrue on a daily basis leading to a varying number of days interest dependent on the number of days in the particular month.

Number of Weeks or Fortnights in a Year

One year is assumed to contain exactly 52 weeks or 26 fortnights. This implicitly assumes that a year has 364 days rather than the actual 365 or 366.

Rounding of Amount of Each Repayment

In practice, repayments are rounded to at least the nearer cent. However the calculator uses the unrounded repayment to derive the amount of interest payable at points along the graph and in total over the full term of the loan. This assumption allows for a smooth graph and equal repayment amounts. Note that the final repayment after the increase in repayment amount.

Rounding of Time Saved

The time saved is presented as a number of years and months, fortnights or weeks, based on the repayment frequency selected. It assumes the potential partial last repayment when calculating the savings.

Amount of Interest Saved

This amount can only be approximated from the amount of time saved and based on the original loan details.

Calculator Disclaimer

The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for the product. Individual institutions apply different formulas. Information such as interest rates quoted and default figures used in the assumptions are subject to change.

Loan Calculator

Loan AmountPlease enter your loan amount here.
₹

No. of PaymentsPlease enter the number of years in which you plan to repay the loan.

Payment ModePlease choose payment mode of the loan.

Interest RateThe interest rate will default to the product you selected. You can also change the rate up or down to understand the effect on your repayments and total interest payable.

**Note: For exceeding 120 no. of payments, a group of 12 payments will be combined into a single payment number for better chart visibility.

Period Payment Interest Balance

{frequency} Payment

₹

Total interest payable

₹ over

Balloon amount (0.00%)

₹0.00

Break-up of Total Payment

X

Calculator Disclaimer

The repayment amount shown using this calculator is an estimate, based on information you have provided. It is provided for illustrative purposes only and actual repayment amounts may vary. To find out actual repayment amounts, contact us. This calculation does not constitute a quote, loan approval, agreement or advice by My Finance. It does not take into account your personal or financial circumstances.

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What We Offer

Assistance with selecting comprehensive or third-party insurance.

Connections to trusted insurance providers offering competitive rates.

Help with documentation and claim support.

The following tool helps users estimate their monthly payment and overall cost of financing the vehicle.

It simplifies the decision making process by providing real time calculation
based on the inputs given.

[emi_calculator]

Pre owned car financing is when a borrower gets a loan from a bank institution, finance company or any dealership to buy a pre-owned car. Pre owned car financing is when a borrower gets a loan from a Bank institutions or a finance company(NBFC's) to buy a pre- owned car. Even Customer can get Loan on his FREE CAR and availe BT TOP Loan for his Businesss/PErsonal Financial Needs

Instead of paying the full amount upfront the buyer repay the loan in
instalment over a set term.

Pros of financing used car:

Affordable monthly payments

Build or improve credit history

Opportunity to upgrade

Preserve your saving

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Credit Score

Financing-The Heartbeat of Auto Sales

One Response

calc

The following tool helps users estimate their monthly payment and overall cost of financing the vehicle.

Calculator Information

Calculator Assumptions

Length of Month

Number of Weeks or Fortnights in a Year

Rounding of Amount of Each Repayment

Rounding of Time Saved

Amount of Interest Saved

Calculator Disclaimer

Loan Calculator

Calculator Disclaimer

Fill The Form

What We Offer

The following tool helps users estimate their monthly payment and overall cost of financing the vehicle.

Pros of financing used car: