Eligible Loan Amount: ₹0
Loan Eligibility Calculator
The Loan Eligibility Calculator estimates how much loan amount you can get based on your monthly income and existing EMIs. It’s useful for planning personal, home, or auto loans.
How It Works:
Most banks follow the 50–60% FOIR (Fixed Obligations to Income Ratio) rule, meaning your total EMIs should not exceed 60% of your monthly income.
Steps to Use the Calculator:
- Enter your Monthly Net Income.
- Enter your Current EMI obligations (if any).
- Enter the Interest Rate and desired Tenure.
- Click Check Eligibility to see how much loan you can get.
Example:
If your income is ₹60,000/month and existing EMIs are ₹5,000, the eligible loan amount may be:
Loan Eligibility Calculator – Check How Much You Can Borrow Instantly
Want to know how much loan you can get? Whether it's a home loan, personal loan, car loan, or even a joint loan, our powerful and free Loan Eligibility Calculator helps you estimate your eligible loan amount in seconds – based on your salary, EMIs, interest rate, and tenure.
How Loan Eligibility is Calculated in India
Most Indian banks use the FOIR method (Fixed Obligations to Income Ratio) to calculate how much loan you can get. Your EMIs (existing + new) should usually be within 50–60% of your monthly income.
Example: If your monthly income is ₹60,000 and existing EMIs are ₹5,000, you may be eligible for a loan EMI of up to ₹28,000, depending on interest rate and tenure.
Types of Loan Eligibility Calculators
1. Home Loan Eligibility Calculator
Estimate your home loan eligibility based on salary. Also useful for joint home loan applications.
2. Personal Loan Eligibility Calculator
Helps you understand how much personal loan you can get based on your income and existing liabilities.
3. Car Loan Eligibility Calculator
Know your car loan eligibility and plan better based on EMI affordability.
4. EPF Loan Eligibility Calculator
Estimate how much loan you can take against your EPF account if you meet the withdrawal criteria.
Bank-Wise Loan Eligibility Calculators
SBI
- sbi home loan eligibility calculator
- sbi personal loan eligibility calculator
- home loan eligibility calculator sbi
- sbi home loan eligibility calculator based on salary
HDFC
- hdfc home loan eligibility calculator
- hdfc bank home loan eligibility calculator
- home loan eligibility calculator hdfc
- hdfc personal loan eligibility calculator
- personal loan eligibility calculator hdfc
ICICI
- home loan eligibility calculator icici
- icici home loan eligibility calculator
- icici bank home loan eligibility calculator
Others
- axis bank home loan eligibility calculator
- home loan eligibility calculator axis
- pnb home loan eligibility calculator
- bob home loan eligibility calculator
- canara bank home loan eligibility calculator
- lic home loan eligibility calculator
- indian bank home loan eligibility calculator
- bajaj home loan eligibility calculator
EMI Calculator Tools by Bank
SBI
- sbi home loan emi calculator
- home loan emi calculator sbi
HDFC
- hdfc home loan emi calculator
- home loan emi calculator hdfc
- hdfc bank home loan emi calculator
ICICI
- icici home loan emi calculator
- home loan emi calculator icici
- icici bank home loan emi calculator
Other Banks
- lic home loan emi calculator
- pnb home loan emi calculator
- axis bank home loan emi calculator
- bob home loan emi calculator
- bank of baroda home loan emi calculator
- canara bank home loan emi calculator
- union bank home loan emi calculator
- idbi home loan emi calculator
Special EMI Calculators
- home loan emi calculator with prepayment
- home loan emi calculator excel
- home loan emi calculator google
Bank-Wise Loan Eligibility Comparison
| Bank | Minimum Salary | FOIR Limit | Approx. Max Loan |
|---|---|---|---|
| SBI | ₹25,000 | 50% | ₹30 Lakhs+ |
| HDFC | ₹30,000 | 55% | ₹35 Lakhs+ |
| ICICI | ₹25,000 | 50% | ₹25–40 Lakhs |
| Axis Bank | ₹28,000 | 50–55% | ₹25–30 Lakhs |
Frequently Asked Questions (FAQs)
1. What is a loan eligibility calculator?
It is a free tool that estimates how much loan amount you can get based on your income, EMIs, interest, and tenure.
2. How is home loan eligibility calculated based on salary?
Banks usually allow 50–60% of your monthly income to go toward total EMIs.
3. Which bank gives the highest home loan eligibility?
It depends on the FOIR policy and your credit profile. Use the calculator to compare across banks.
4. Can I increase my loan eligibility with a co-applicant?
Yes. Use our joint home loan eligibility calculator to check how combining incomes affects loan eligibility.