Personal Loan Eligibility Calculator
How much personal loan can you get on your income?
Eligible personal loan
₹16.86 L
Assumes lenders allow ~50% of net income towards EMIs. Actual personal loan eligibility also depends on credit score, employer category and city.
How personal loan eligibility is decided
Lenders cap all your EMIs at roughly half your net monthly income (FOIR). This calculator reverses that rule for a personal loan: from your free EMI capacity at 12% for 5 years, it derives the largest principal a lender can comfortably sanction. A co-applicant's income, fewer running EMIs and a longer tenure all raise the number.
Frequently asked questions
Why do different banks quote different personal loan amounts?
Each lender uses its own FOIR band, minimum income norms and interest rate — and rates directly change what a given EMI can support. Treat this estimate as a realistic planning range and let us match you to the lender whose policy favours your profile.
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