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

Understanding-Different-Types-Of-Venture-Capital

Understanding Different Types Of Venture Capital

Introduction Starting a business requires financial resources, and one popular way to secure funding is through venture capital or VC investment. Venture capital is a form of private equity funding th...

KNOW MORE

July 23, 2024

Vehicle Depreciation Rates: What They Mean and How They Affect You

Quick Summary: Purchasing a vehicle is just the first step. Understanding its maintenance and value retention is important for grasping the financial implications of vehicle ownership. Vehicle depreci...

KNOW MORE

January 16, 2026

Avoid These Common Used Car Loan Mistakes

If you are planning to buy a used car then you are in for some work. A used car surely has the benefit of being more affordable. However, you need to find the one that is in the best possible conditio...

KNOW MORE

June 29, 2023