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 Alto K10 with 30k salary?

mahindra-finance-author

by Mahindra Finance

|

January 4, 2024

|

1 mins read

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.

Related articles

How To Get A Business Loan For A Franchise Business?

Starting a franchise business can be an exciting opportunity, but securing financing is a crucial consideration. Many aspiring entrepreneurs wonder if getting a business loan specifically tailored for...

KNOW MORE

April 17, 2024

Factors To Consider Before Choosing Used Car Loan Tenure

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...

KNOW MORE

July 4, 2024

Choosing Between Online and Offline Fixed Deposits: Which is Best for You?

When it comes to investing your hard-earned money, fixed deposits (FDs) are a popular choice among Indians. They offer a safe and secure way to grow your savings while providing steady returns. Howeve...

KNOW MORE

March 4, 2024