Our personal loan eligibility calculator gives you a fair idea about the personal loan amount you are eligible for, depending upon your take-home income per month, any existing loan commitments, the tenure of the personal loan and the applicable interest rate. Just input all these details into the eligibility calculator and it will show you the total sum you can apply for a personal loan in India and what will be your monthly EMIs.
Using this personal loan eligibility calculator does away with the need of personally visiting a banking establishment or a financial institution to learn about the loan amount eligibility. There is no need of doing any complicated calculations either as the calculator does all that for you. The calculator has been designed in a manner that anyone can use it regardless of his/her background. You can try out different combinations by varying the required personal loan amount, tenure of the loan and the applicable interest rate, and find out the right personal loan deal for your needs.
Planning in advance is very important for any endeavour you undertake in life. Making hasty money-related decisions without proper planning can have a major negative impact on your finances. Using our personal loan eligibility calculator you can plan your finances well in time, and fulfil all your immediate financial needs without any worries.
However, please be aware that this calculator is only meant to be a self-help tool and the revealed personal loan amount and EMIs are only approximate figures. The final personal loan amount calculation will be done depending upon many other important factors including your monthly income, employer type, income stability, age, existing financial commitments and your credit score. You will also be asked to submit relevant documents to back the information requested above.