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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.
When it comes to achieving short-term financial goals, finding the right investment strategy can often be challenging. However, Tax Saving Fixed Deposits (FDs) offer a convenient avenue for minimising...
May 23, 2024
Most investors choose to invest in a single type of fund. It could be mutual funds, SIP, debt, equity, or something else. However, portfolio investment allows you to choose various options to invest i...
June 30, 2023
Quick Summary When planning conservative investing, it is essential to understand the difference between time deposit and fixed deposit. Often considered synonymous, these financial products are quite...
November 25, 2025
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