Loan Eligibility Calculator

Use this Loan Eligibility Calculator to estimate the maximum loan amount you can get based on your monthly income, expenses and loan details. This tool works for home loan, car loan and personal loan eligibility.

Enter Your Details

Check Eligibility

How Loan Eligibility Is Calculated

Banks generally allow up to 40–50% of your net monthly income as EMI. This calculator assumes 50% eligibility to provide an estimate.

Who Can Use This Loan Eligibility Calculator?

• Salaried employees
• Self-employed professionals
• Home loan applicants
• Car and personal loan seekers

Frequently Asked Questions

Is this loan eligibility calculator accurate?

This calculator provides an estimated eligibility based on standard banking rules. Actual eligibility may vary based on credit score and lender policies.

Does credit score affect eligibility?

Yes, banks consider credit score along with income and expenses.

Can I use this for home loan?

Yes, this tool works for home loans, car loans and personal loans.

Related Calculators

• EMI Calculator
• Income Tax Calculator
• Compound Interest Calculator