Pre-Qualification
Loan Eligibility Checker
Input age, monthly salary, and existing loans to calculate your eligible principal limits across Personal, Business, and Home loan categories.
Eligibility Checker
Select Loan Type
Employment Status
Age30 Years
Net Monthly Income₹75,000
Existing Monthly EMIs₹10,000
Metro City Resident?Higher eligibility caps in Tier-1 locations
Estimated Eligibility
Maximum Eligible Loan Amount₹1,420,932
EMI Capacity₹31,250/mo
Approval ProbabilityPre-Approved
Income Allocation (FOIR Split)
Existing Obligations (13%)
New Capacity (42%)
Net Disposable
Max Allowable FOIR:55%
Current Debt-to-Income:13%
Disclaimer: This is a facilitator output based on typical credit scoring models. The actual loan limit, interest rate, and processing parameters are subject to partner bank credit audits.
Documents Required
Aadhaar Card
PAN Card
Address Proof (Electricity Bill / Rent Agreement)
Last 3 Months Salary Slips
Last 6 Months Bank Statement (showing salary credits)
Form 16 & Income Tax Returns (ITR) for last 2 years
Understanding FOIR & Loan Eligibility
Fixed Obligation to Income Ratio (FOIR) is a metric banking institutions use to calculate your borrowing capacity. FOIR represents the percentage of your monthly income that goes towards paying fixed obligations like existing credit card bills, rent, and active loan EMIs.
FOIR Calculation FormulaFOIR = (Total Existing Monthly Obligations / Net Monthly Income) x 100
Lenders prefer a FOIR below 50%. A debt ratio exceeding this limit represents higher credit default risk, resulting in loan file rejections or high interest premiums. To optimize eligibility, borrowers should clear off short-term cards or prepay smaller loans before filing high-value applications.