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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.
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Have you ever wondered how your credit score affects your insurance premiums? Your credit score, also known as your CIBIL score, plays a significant role in determining the amount you pay for insuranc...
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