BPTP is advertising 20% down and 80% on possession. BUT this is not true. They claim they will give possession in 30 months (which no realtor has done ever)... and hence EMI will start in 30 months irrespective of possession. They should clarify this.
Furthermore, it is not 20% down and 80% after 30 months. Bank will pay on your behalf .. and hence the customer is tricked.
They should immediately clarify by saying that "20% down, rest bank financed such a way that interest can accumulate for 30 months". Was this information helpful? |
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