login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
|

Can I buy Wagon R with 30k salary?

mahindra-finance-author

by Mahindra Finance

|

December 26, 2023

|

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 The Lowest Used Car Loan Interest Rate

Dreaming of owning a car? With rising prices, purchasing a new one can be financially challenging. However, there’s an alternative – buying a used car. And if arranging the finances is a c...

KNOW MORE

April 17, 2024

Benefits-Of-Using-Used-Car-Loan-EMI -Calculator

Benefits Of Using Used Car Loan EMI Calculator

Looking to buy a used car? Before making any decisions, it’s essential to consider the financial aspects, such as the loan amount, interest rate, and monthly instalments.  By calculating yo...

KNOW MORE

July 5, 2024

What Is The Monthly Interest Breakdown On A Rs. 2 Lakh Fixed Deposit

When it comes to financial security, investing your hard earned money wisely is crucial. One such investment option that offers stability and regular income is a fixed deposit (FD). With an FD, you ca...

KNOW MORE

April 25, 2024