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
|

25. Why Do You Need a Motor Insurance?

mahindra-finance-author

by Mahindra Finance

|

January 6, 2025

|

1 mins read

As per Motor Vehicles Act, 1988, Motor insurance is mandatory. Further, it protects the owner of the vehicle against damages to the vehicle and also pays for any liabilities owed by the vehicle owner as per law

Related articles

Business loans for women – All you need to know

Women entrepreneurs are transforming the business industry by bringing in fresh ideas, determination, and unique perspectives. Breaking through traditional barriers, they’re making their mark in...

KNOW MORE

February 7, 2024

Guide On How To Withdraw Money From FD After Maturity

If you’ve recently had a fixed deposit mature, you might be wondering how to access your funds. The good news is that withdrawing money from a fixed deposit after maturity is a straightforward p...

KNOW MORE

February 23, 2024

What Are the Advantages of Investing in Mutual Funds?

Shraddha is a 25-year-old IT professional drawing a good salary every month. She’s heard that getting a head start on investing can be useful. When she’s considering different options, a friend of...

KNOW MORE

June 30, 2023