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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.
As the popularity of personal loans continues to rise in India, so does the risk of falling victim to scams and fraud. If borrowers are not careful, personal loan scams can leave them financially deva...
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