Calculate Your Loan Eligibility Amount
Enter your monthly income, interest rate, and loan tenure to instantly find out how much you can borrow — quick, easy, and accurate
Example — How loan eligibility calculated
Mr. Ravi earns ₹50,000 per month.
Banks usually allow 50% of income for EMIs → ₹25,000.
He already pays ₹7,000 for other loans.
Eligible EMI = ₹25,000 − ₹7,000 = ₹18,000
At 10% interest for 15 years,
his eligible loan amount ≈ ₹16.7 lakh
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