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If you borrow ₹10 lakhs car loan with a 5-year tenure and a 10% annual interest rate, your monthly EMI for 10 lakhs will be ₹16,602. While manual calculations are possible, they can be time-consuming. Instead, consider using Mahindra Finance Car Loan EMI calculator for quick and accurate results. However, the EMI is subject to loan sanction and approval by the financer
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