Instantly find out the maximum loan amount you qualify for based on your income and existing obligations.
*Based on 50% FOIR guideline. Actual approval depends on credit score, employer, and lender policy.
FOIR (Fixed Obligation to Income Ratio) is the key metric lenders use. Most banks allow a maximum of 50% of your gross monthly income towards all EMIs combined. So if your income is ₹50,000/month, your total EMI capacity (including the new loan) is ₹25,000. We subtract your existing EMIs to find how much is available for the new loan, then reverse the EMI formula to calculate the eligible loan amount.