I have a question and feel this forum is a blessing to seek neutral opinion:
Suppose, a person books a car on partial payment of Rs. 500K on 1st March, and gets delivery month of say July. Now, as the respected members said here, he has to pay the remaining balance 2-3 weeks before delivery. In that case, can that person approach the bank in say, April to finance the car for him, for which he had already made partial payment of Rs. 500K in March, on his name? Kindly clarify. I would be deeply indebted to those members giving well informed replies, Thanks in advance.