Loan Eligibility Calculator
Estimate the maximum loan amount you can afford based on your income and existing EMIs.
Maximum Loan Eligibility
₹0
Max Affordable EMI
₹0
Usable Tenure
20 yrs
Know your eligibility. Now find your rate.
Compare pre-approved loan offers that match this eligible amount.
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What is a Loan Eligibility Calculator?
A loan eligibility calculator estimates the maximum amount you could borrow, based on how much EMI you can realistically afford. Lenders typically cap total EMI outgo — existing plus new — at 50% of gross monthly income, so this tool subtracts your existing EMIs from that 50% ceiling and works backward to the largest loan amount that fits within the remaining EMI at your chosen interest rate and tenure.
Tenure is capped too: secured loans (home/car/gold) can run up to 30 years but must close before you hit your retirement age, while unsecured (personal) loans are capped at 5 years in any case and also can't extend past retirement.
This is the same logic (in reverse) as an EMI calculator — instead of asking "what will my EMI be for this loan amount", it asks "what loan amount fits my affordable EMI" — useful for setting a realistic budget before you start house or car hunting.