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
|

What is the EMI for 6 lakh car loan?

mahindra-finance-author

by Mahindra Finance

|

December 14, 2023

|

1 mins read

If you borrow ₹6 lakhs car loan with a 5-year tenure and a 6% annual interest rate, your monthly EMI for 6 lakhs will be ₹11,600. While manual calculations are possible, they can be time-consuming. Instead, consider using Mahindra Finance Car Loan EMI calculator for quick and accurate results. However, the EMI is subject to loan sanction and approval by the financer

Related articles

What Is The Effective Yield In Fixed Deposits?

If you’re considering investing in a fixed deposit (FD), you’ve probably come across terms like “effective yield” and “annualised yield.” While the interest rate mentioned by banks...

KNOW MORE

March 1, 2024

21 Small Business Ideas with Low Investment

Starting a business is a dream for many, but the lack of capital often poses a significant challenge. However, there are numerous small business ideas that require minimal investment, making it easier...

KNOW MORE

April 25, 2024

How-to-use-a-personal-loan-to-fund-your-dream-wedding

How To Use A Personal Loan To Fund Your Dream Wedding

Planning your dream wedding involves countless decisions and expenses. From the venue, catering, and decor to the outfits and photography, it’s easy for costs to add up quickly. This is where a ...

KNOW MORE

July 2, 2024