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What is the procedure to surrender a car bought on instalment system financed by a pvt.finanance co?
The car has been purchased one year back. Out of 12 instalments, 2 instalments are due as of date. I want to surrender the car as I could not pay the EMI. Is there any amount can I get back which was initially invested i.e., initial payment + instalments amounts.
In Car Loans  -  Asked by M.Basheer Ahmed -  3 years ago

Best Answer:
I think you should inform your bank executives about the issue may be the bank get ready to do settlement..for further information about auto loans feel free to contact at Rupeetimes.
3 years ago - By Tripti

Other Answers (1)
Answer 1.
hey wats the need of surrendering the car recovery goons would take it from you when you miss 4-5 emi's so don't worry..
3 years ago - By Tarun Shankar
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