Loan Eligibility Estimate
Max Eligible Loan
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Eligible Monthly EMI
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Disposable Income
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Total Interest Payable
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Find out the maximum loan amount you are eligible for based on your monthly salary, existing expenses, and the prevailing interest rate.
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Banks in India typically allow your total EMI obligations (including the new loan) to be up to 40–50% of your net monthly income (called the Fixed Obligation to Income Ratio or FOIR). We use 50% as the cap. Your disposable income after existing expenses is the basis for how much new EMI you can afford. The eligible loan is then calculated using the standard EMI formula in reverse. Other factors like credit score, employer category, and age also influence final bank approval.