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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.
Whether you are a salaried employee, self-employed, or a business owner, saving for your future must be one of your top financial goals as soon as you start working. But this doesn’t mean you must s...
July 15, 2024
Planning to buy a car? Understanding the loan terms is crucial to make an informed choice. When you apply for a car loan, you’ll come across terms like fixed interest rate loans and floating int...
April 17, 2024
What are the different types of equity funds in India? Want to know more about the different types of equity funds and stocks you should invest in? Here’s a detailed guide to get you started on your...
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