Loan eligibility calculator
Roughly how much a bank will lend you, based on your income.
Quick answer
A loan eligibility calculator estimates maximum loan amount based on income and existing EMIs. Indian lenders cap total EMIs at roughly 50% of monthly income (FOIR). Enter income, existing EMIs, rate, and tenure for an estimate.
You could borrow up to
Assuming lenders cap all your EMIs at ~50% of income (the FOIR rule).
- Max EMI they'll allow
- ₹30,000/mo
- Full amount
- ₹14,11,961
This is an estimate. Your credit score, employer and loan type shift the real number.
Rates & rules checked on 15 June 2026 · based on FY 2025-26 (AY 2026-27).
What this tells you
Before you shop for a loan, it helps to know the ceiling. Lenders cap your total EMIs at a share of your income — the FOIR (Fixed Obligations to Income Ratio).
How it's calculated
We take ~50% of your monthly income, subtract existing EMIs to find the EMI you can service, then invert the EMI formula to get the maximum loan for your rate and tenure.
Common questions
- What actually decides my loan amount?
- Income and existing EMIs set the ceiling, but your credit score, job stability, employer category and loan type all move the final sanctioned amount.
Jargon, explained
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Sources
For general education, not personalised financial advice. Verify current rates and rules before acting — tax laws and interest rates change.