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

Short-Term Business Loan – Know Tenure, Interest Rates, & Benefits

Running a business requires financial stability to meet various needs like working capital requirements, expanding operations, and marketing expenses. This is where short-term business loans come in h...

KNOW MORE

April 22, 2024

What Is The 20/4/10/ Rule For Buying A Car?

Introduction to the 20/4/10 rule Buying a car is an exciting milestone in life, but it also comes with significant financial implications. To ensure sound financial well-being, it’s crucial to u...

KNOW MORE

April 17, 2024

Importance Of A Digital Footprint For Availing An SME Loan In India

In today’s digital age, where everything is moving online, small and medium enterprises (SMEs) question the importance of having a digital footprint when applying for a loan. In this article, we...

KNOW MORE

April 11, 2024