Loan
Loan Eligibility Calculator
Find out the maximum loan amount you can borrow
Popular Calculators
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Results
Max Eligible EMI—
Eligible Loan Amount—
Eligible Loan
Existing EMI Impact
Example Calculations
Quick reference scenarios to validate your planning
| Scenario | Result |
|---|---|
| Income ₹75K, no EMI, 8.5%, 20 years | Eligible: ₹43.3 lakh |
| Income ₹1L, ₹15K existing EMI, 9%, 20 yrs | Eligible: ₹42.8 lakh |
How It Works
Formula, methodology and key concepts explained
Banks determine your loan eligibility based on your FOIR (Fixed Obligation to Income Ratio) — usually 40–50% of net monthly income. This calculator uses 50% FOIR to estimate your maximum eligible loan.
Pro Tips for Loan
Expert guidance to get the most out of your calculation
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Frequently Asked Questions
Common questions about Loan Eligibility Calculator
- Banks follow the FOIR (Fixed Obligation to Income Ratio) — typically 40–50% of net monthly income can go towards all EMIs combined. Some banks allow up to 60% for high-income borrowers.
- Yes, significantly. A CIBIL score above 750 gets you the best interest rates and highest eligible amounts. Below 650, banks may reject the loan or charge higher interest rates.
Key Numbers to Know
Benchmark figures for Loan planning in India
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Disclaimer: All calculations are estimates for planning purposes only. Results are based on the inputs you provide and assume constant rates. Actual returns may vary due to market conditions, inflation, tax law changes, and other factors. This is not financial advice. Consult a SEBI-registered investment advisor for personalised guidance. GST rates and income tax slabs are as per latest available information (FY 2025-26) and may change.
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