A housing property of INR 50 lakh is on sale either through a Full Down Payment (FDP) scheme with an 8% rebate OR a Deferred Payment Plan (DPP) as shown in the table. A customer after converting all the future payments in DPP using 10% annual discount rate, found the DPP scheme to be financially gainful. The customer would be able to save in INR _________ lakh, if DPP is chosen over FDP. (rounded off to two decimal places)
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When evaluating deferred payment plans, always convert future payments into their present value using the appropriate discount rate to assess the financial impact.