Dear Pak whellers,
I had skimmed through
internet and went through a lot of social media posts and You tube
vidoes but still unable to calculate my exact amount of Kibor for late
delivery of my Proton X70 so i am starting this discussion to understand
from fellows what is the exact mechanism and how to calculate it.
Lets start with my calculations.
1: My initial booking amount was 9 lacs and submitted in August 2021 with tentatively delivery date of March 2022.
2: My Full payment date was 21st December 2022 and still no chance of getting my vehicle before end of March 2023.
Now I want to understand how will Kibor+3% rule be calculated for me.
Will it be on 9 lacs and period will be from August 2021 till delivery time?
Or
Will it be on full payment amount and calculated after 21st February (2 months period).
What I had came to know so far is that they will calculate Kibor on
initial payment as per law and will give me from 21st Feb 2023 onward
which seems unjust to me.
My Balance Payment to Proton was 6900000 so will I get Kobor on 69 lacs for one month or on 9 lacs for 20 months?
Someone please calculate if possible or shed some light on it. Thanks