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
|

Can I buy Maruti Suzuki Ertiga with 30k salary?

mahindra-finance-author

by Mahindra Finance

|

January 12, 2024

|

1 mins read

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.

Related articles

How To Get A Car Loan In India?

Today, buying a car is easy due to the ready availability of car loans. However, you might be wondering ‘how to get a car loan?’. A car loan facility disburses a certain amount of mo...

KNOW MORE

June 29, 2023

How Much To Spend On A Car In India: A Practical Guide

Introduction Are you dreaming of buying a new car in India? Purchasing a car is a significant financial decision, and it’s essential to determine how much you should spend on this depreciating a...

KNOW MORE

April 17, 2024

What are hybrid funds?

What are mutual funds? Mutual funds are professionally managed funds that invest into multiple assets financial instruments such as stocks and bonds. Mutual funds usually charge a fee for holding...

KNOW MORE

June 30, 2023