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 S-presso with 30k salary?

mahindra-finance-author

by Mahindra Finance

|

January 4, 2024

|

1 mins read

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.

Related articles

Do’s And Don’ts To Apply For Small Business Loans

Starting a new business has many challenges, especially in securing funding. Whether you need capital for product development, hiring employees, or purchasing real estate, a small business loan can pr...

KNOW MORE

April 10, 2024

5 Tips to Negotiate on a Car Loan

The new reforms passed by the Government has given a tremendous boost to the rural connectivity program. Under this plan, around 100 kilometers of rural roads will be constructed daily. Several car ma...

KNOW MORE

June 29, 2023

What Is The Monthly Interest On A 6 Lakh Fixed Deposit?

Are you thinking of investing in a fixed deposit to secure your savings and earn regular income? A fixed deposit (FD) is a popular investment option that provides stability, security, and consistent r...

KNOW MORE

May 23, 2024