Loan Eligibility Calculator
How much loan you qualify for based on income, existing EMIs and FOIR.
About the Loan Eligibility Calculator
Loan Eligibility Calculator estimates the maximum loan you can qualify for based on your net monthly income, existing EMIs and the bank's Fixed Obligation to Income Ratio (FOIR) policy — typically 40, 50 or 60%.
How to use
- Enter your net monthly income and any existing EMIs.
- Enter the offered interest rate and preferred tenure.
- Pick an FOIR percentage and click Calculate.
Benefits & key features
- Models real Indian bank FOIR policy (40 / 50 / 60%).
- Subtracts your current EMIs honestly.
- Tenure-aware: longer tenure = higher eligibility (but more interest).
- Pairs with the EMI calculator to plan the repayment schedule.
Pro tip
A 50% FOIR is the most common cap for salaried applicants at Indian banks; self-employed borrowers often get 60%.