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Typically, NBFCs and lenders extend a car loan amounting to 3 to 4 times your annual income. For instance, with a monthly salary of ₹30,000, you could potentially qualify for a car loan ranging between ₹10 to ₹15 lakh when considering the standard lending criteria. Check your eligibility with Mahindra Finance Car Loan EMI calculator for quick and accurate results.
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Are you dreaming of owning a used car that fits your budget perfectly? Are you worried about not having proof of income for a loan? Don’t fret! Even if you are unemployed or lack traditional inc...
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