The Credit Compass
Loan Cost

Margin Money

What Margin Money means

The borrower's own contribution towards the purchase price of an asset — the gap between the asset's cost and the loan amount. Also called down payment or own contribution.

Example

To buy a ₹50 lakh car with a 90% LTV car loan, you pay ₹5 lakh as margin money from your savings; the bank funds ₹45 lakh.

Source

This definition is based on RBI – Master Direction on Housing Finance. We link every figure to its primary source — see our data methodology.

Related loan cost terms

← All 67 loan terms