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

Easy-tips-to-decide-on-a-budget-for-a-new-car-in-India

Tips To Decide On A Budget For A New Car In India

Buying a car is a significant financial decision. It’s important to determine a budget that aligns with your income and financial goals. So, are you wondering ‘how much should I spend on a...

KNOW MORE

July 5, 2024

How-to-Check-Your-Credit-Score-for-Free-A-Step-by-Step-Guide

How To Check Your Credit Score For Free: A Step-By-Step Guide

Introduction Are you planning to apply for a loan or a credit card? If so, then one of the key factors that lenders consider before approving your application is your credit score. Your credit score i...

KNOW MORE

July 10, 2024

Factors That Influence Business Loan Interest Rates

One of the most important factors when applying for a business loan is the interest rate. The interest rate determines the cost of borrowing and can significantly impact your ability to repay the loan...

KNOW MORE

May 13, 2024