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
|

25. Why Do You Need a Motor Insurance?

mahindra-finance-author

by Mahindra Finance

|

January 6, 2025

|

1 mins read

As per Motor Vehicles Act, 1988, Motor insurance is mandatory. Further, it protects the owner of the vehicle against damages to the vehicle and also pays for any liabilities owed by the vehicle owner as per law

Related articles

Tax Saving FDs For Short-Term Goals: A Strategic Approach

When it comes to achieving short-term financial goals, finding the right investment strategy can often be challenging. However, Tax Saving Fixed Deposits (FDs) offer a convenient avenue for minimising...

KNOW MORE

May 23, 2024

What’s the difference between NSC and FD?

Two widely trusted investment options are Fixed Deposit (FD) and National Savings Certificate (NSC). Both are time-tested, come with low risk, and ensure steady returns for you in the long r...

KNOW MORE

June 30, 2023

Can Sole Proprietors Get A Business Loan?

Are you dreaming of starting your own business? As a sole proprietor in India, you may have concerns about financing your venture. But worry not! This article will explore how to get business loans in...

KNOW MORE

April 10, 2024