taken loan from bank a car purchase but which group create in tally

Suppose I purchase  Car for Rs 500000 from Honda Motors

I pay 100000 Downpayment by cheque

Remaining 400000 is financed by bank loan from ICICI Bank

Entry will be

Car Dr 500000

     To Honda Motors 500000

Honda Motors Dr 100000

    To Bank  100000

Honda Motors Dr  400000

    To ICICI Loan A/c   400000

(Car is a Fixed Asset,Honda Motors is Sundry Creditor,ICICI Loan is Loans(Liabilities or Secured Loan)