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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.
If you’re a small or medium-sized business owner in India, chances are you’ll need financing at some point to expand your operations or explore new opportunities. As funding options, there...
May 13, 2024
The COVID-19 pandemic has brought unprecedented challenges to individuals and households worldwide, including India. Many people have faced financial setbacks due to job losses, salary cuts, and marke...
February 23, 2024
What are systematic investment plans or SIP schemes? Here’s a brief overview of what they are, different types of SIP funds and benefits of investing in SIPs SIP schemes are one of the most popular ...
June 30, 2023
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