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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.
Introduction Ever thought what is hypothecation and why it is essential for securing a loan? Hypothecation refers to the practice of pledging an asset as collateral for a loan without transferring own...
July 4, 2024
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...
July 4, 2024
Dreaming of a brighter future? Pursuing higher education is the first step towards realising your aspirations. Whether you want to study in India or abroad, the cost of education can often be a barrie...
July 5, 2024
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