login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

Can I buy S-presso with 30k salary?

mahindra-finance-author

by Mahindra Finance

|

January 4, 2024

|

1 mins read

Typically, banks 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.

Related articles

What Is A Home Loan? Meaning, Benefits & Importance

Owning a home is a dream for many individuals and families. However, the high cost of real estate often makes it challenging to fulfil this dream without financial assistance. This is where home loans...

KNOW MORE

February 5, 2024

Top-6-Benefits-Of-Personal-Loan-Advantages

Top 6 Benefits Of Personal Loan

When unexpected expenses arise, or you have a big-ticket purchase in mind, asking friends or family for financial help may not always be an option. That’s where a personal loan can be a lifesave...

KNOW MORE

September 12, 2024

How to Choose the Right Business Loans Offering

Whether you are an entrepreneur or an existing business owner, it is possible that you require external finance. You need funds to buy equipment, meet working capital requirements, or expand...

KNOW MORE

June 29, 2023