Should I do SWP from MF portfolio to pay EMIs of Rs 25-lakh car loan?

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I am 61 years old and have never taken any loan. However, now I am thinking of opting for a Rs 15-25 lakh vehicle loan to purchase a car costing Rs 20-30 lakh. Can I set up a systematic withdrawal plan (SWP) from my existing equity or hybrid mutual funds to manage the loan EMIs?