Vibhuti bought a car worth ₹10,25,000 and made a down payment of ₹4,00,000. The balance is to be paid in 3 years by equal monthly installments at an interest rate of 12% p.a. The EMI that Vibhuti has to pay for the car is:
(Use \( (1.01)^{-36} = 0.7 \))