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Personal Loan Eligibility Calculator
Net Income Rs. /-
Loan required Rs. /-
Period years
Rate of Interest %
Personal loan eligibility calculator helps find personal loan eligibility of an individual based on the net salary he earns, personal loan amount required, loan tenure and the applicable rate of interest.
In normal conditions an invidual can easily be eligible for a personal loan amount having an EMI less than 50% of his net income.

For an example in the above given personal loan requirement
an individual having a net salary of Rs.12000
can easily be elegible for a loan amount of Rs. 144000
having a loan period of 60 months (5 years)
at the rate of interest of 12% per annum
paying a loan EMI of Rs.3203 (approx)
which is less than 50% of his net take away income.
For the above given criteria an individual can get a personal loan upto Rs.264000 having a personal loan EMI of Rs.5873 approx.

Other related links

Personal Loan EMI Calculator
Personal Loan Eligibility Calculator
Personal Loan Process

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