Loan Eligibility Calculator

Lenders use your FOIR (Fixed Obligation to Income Ratio). Typically your total EMIs — including the new loan — should not exceed ~50% of your monthly income. The maximum affordable EMI is then back-calculated into an eligible loan amount using the rate and tenure.

Increase declared income, clear existing EMIs, add a co-applicant, improve your CIBIL score above 750, or choose a longer tenure (which lowers the EMI and raises the eligible amount).

Yes. A score above 750 improves both your eligibility and the interest rate offered. A low score can reduce the eligible amount or lead to rejection.