Loan Eligibility Calculator
Check how much you can borrow across 30+ lenders — no phone number, no data stored.
Tell us about you
What type of loan?
Employment type
Your CIBIL score range
We never store your income, EMIs, or score. Everything runs in your browser.
How is loan eligibility calculated?
Indian lenders primarily use two guardrails — FOIR (Fixed Obligation to Income Ratio) and CIBIL. FOIR caps the portion of your monthly income that can go into EMIs — typically 50% for banks and up to 55% for NBFCs. Your existing EMIs eat into that budget first. Whatever’s left is your EMI capacity; we reverse-engineer that into a maximum principal at the lender’s effective rate. CIBIL bands determine whether you see the best published rate or the higher end of the range.
Tips to improve your eligibility
- Pay down credit-card balances to reduce your "existing EMI" count — even closing one card’s overdue drops your FOIR drag.
- Keep CIBIL above 750. Pay in full on every cycle, avoid multiple new-credit applications in a 90-day window.
- Salaried applicants have the smoothest path; if you’re self-employed, 2 years of ITR plus GST helps.
- Choose a longer tenure if affordability is the issue — but be aware total interest rises significantly.
For a step-by-step estimate on any specific principal + tenure, use our EMI calculator. Not sure which loan type fits you best? Try the AI Loan Finder.