My uncle has finalised on the Mercedes ML 250 CDI so we are out hunting for the best finance deal. The rates we have got are: Autohangar Mercedes - Finance from Axis Bank - 9.75% or 3189 per lakh for 36 months. 90% loan on ex-Showroom. HDFC Bank DSA 1 - 10% or 3189 per lakh. 95% loan on Ex-Showroom. HDFC Bank DSA 2 - 10% or 3176 per lakh. 100% loan on Ex-Showroom. I really don't get the number's part much. Is it better to look at interest rate or EMI per lakh? Also, should we talk to SBI or Bank of Baroda or any nationalised bank? The above numbers are of course still negotiable.