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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.
No matter what stage of life you are in, investing is a financially-prudent habit to cultivate. Financial investment entails making decisions like when to buy stocks, when to invest in FDs, the best t...
June 30, 2023
Introduction Are you planning to buy a used car? Due to their convenience and affordability, used cars have become increasingly popular choices in India. However, buying a car, whether new or used, of...
July 4, 2024
Introduction When it comes to expanding a business or managing day-to-day operations, finance is crucial. One way to raise capital for these needs is through debt financing. By borrowing funds from ex...
April 25, 2024
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