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The lowest or minimum EMI for a car loan is ₹1,934 per month for 5 years on a loan amount of ₹1 lakh for 6% interest rate. However, the EMI amount can change based on the loan amount, loan tenure and interest rate. For calculating the EMI for your desired tenure, use the Mahindra Finance Car Loan EMI calculator. However, the EMI is subject to loan sanction and approval by the financer
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