Loan Eligibility Calculator
Find the maximum loan amount you qualify for in India based on income, EMI to income ratio, tenure and existing debts. Free, instant, no signup.
இங்கே தொடங்குங்கள்
- எதை உள்ளிடுவது
- மாத கையில்கிடைக்கும் சம்பளம், தற்போதைய EMI, செலுத்தக்கூடிய வருமானப் பங்கு, வட்டி, காலத்தை உள்ளிடவும்.
- முடிவின் பொருள்
- அதிகபட்சக் கடன் செலுத்தும் திறன் மதிப்பீடு; வங்கியின் ஒப்புதல் அல்ல.
உதாரணமும் வரம்புகளும்
- எளிய உதாரணம்
- ₹50,000 வருமானத்தில் 40%, கழித்து ₹5,000 பழைய EMI = புதிய EMIக்கு ₹15,000.
- நினைவில் கொள்ளுங்கள்
- வங்கி கடன் வரலாறு, வயது, வேலை, சொத்து மதிப்பையும் பார்க்கும். வட்டி முழுச் செலவு APR அல்ல.
உங்கள் முடிவைக் கணக்கிடுங்கள்
உங்கள் எண்களை உள்ளிடுங்கள். மாற்றும்போது மதிப்பீடும் வரைபடங்களும் புதுப்பிக்கும்.
வருமானம் & கடன் நிபந்தனைகள்
- அதிகபட்ச கடன் தொகை
- ₹57,61,542
- ₹57.62L
- அதிகபட்ச மாதாந்திர EMI
- ₹50,000
உங்கள் கணக்குகள் சொல்வது என்ன
You could borrow about 4.8× your annual income (₹57.62L).
Lenders size loans by how much of your monthly income goes to EMIs; this assumes 50% after existing EMIs of ₹0.
Borrowing the full amount costs ₹62.38L in interest over 20 years.
You would repay more in interest than you borrow; a shorter tenure or prepayments cut this sharply.
A 25-year tenure would raise eligibility by ₹4.48L.
A longer tenure lowers the EMI per lakh borrowed, but you pay interest for more years.
செலுத்தக்கூடிய EMI = கையில் கிடைக்கும் ஊதியம் × தேர்ந்தெடுத்த விகிதம் − தற்போதைய EMI-கள்; குறைந்தபட்சம் பூஜ்ஜியம். இது செலுத்தும் திறன் மதிப்பீடு மட்டுமே, கடன் வழங்குநரின் ஒப்புதல் அல்ல; கடன் மதிப்பெண், வயது மற்றும் கடன் வழங்குநரின் கொள்கை கணக்கில் கொள்ளப்படவில்லை.
உங்கள் கணக்கீட்டைப் புரிந்துகொள்ளுங்கள்
This calculator estimates borrowing capacity using a chosen EMI-to-income limit. Available new EMI equals net monthly income times the chosen ratio, less existing EMIs, floored at zero. It converts that EMI into a loan amount using your rate and tenure. Actual lenders also assess credit history, age, income stability, collateral, loan-to-value limits and their own policies, so the result is not a promised sanction.
Loan Eligibility Calculator ஐ எவ்வாறு பயன்படுத்துவது
- 1
Enter your net monthly income
Use net take home, after tax and after EPF, not gross CTC. Banks underwrite against actual cash flow.
- 2
Enter existing monthly EMIs
Sum of all current EMIs across home loan, car loan, personal loan and the minimum payment on any credit card balances you carry month to month.
- 3
Set the EMI to income ratio
Choose the share of take-home income you are willing to commit to all loan EMIs. Lower ratios preserve more room for living costs and emergencies; the default is illustrative.
- 4
Set the loan rate and tenure
Use the rate offered by the lender for your loan category. Tenure ranges from 5 to 30 years depending on the loan type. Home loans typically get the longest tenures.
- 5
Read maximum loan and EMI
The maximum loan is an upper bound under your chosen ratio, not a sanction. Borrow less if needed for a comfortable budget. For a property search, add your available down payment to the loan estimate.
உதாரணம்
₹1 lakh take-home, 50% EMI ratio, 8.5% for 20 years
With the defaults, EMI capacity is ₹1,00,000 × 50% = ₹50,000. Discounting 240 EMIs of ₹50,000 at 8.5% ÷ 12 gives a maximum loan of about ₹57.6 lakh. An existing ₹15,000 EMI cuts capacity to ₹35,000 and the loan to about ₹40.3 lakh.
- EMI capacity, no existing loans
- ₹50,000
- Maximum loan
- ₹57,61,542
- EMI capacity with a ₹15,000 car EMI
- ₹35,000
- Maximum loan with that EMI
- ₹40,33,079
A ₹15,000 car EMI reduces home loan eligibility by over ₹17 lakh in this example.
எவ்வாறு கணக்கிடப்படுகிறது
First, EMI capacity = max(0, net monthly income × EMI ratio − existing EMIs). The ratio covers all your loans together, so existing EMIs come straight off the top.
The maximum loan is the amount that EMI can repay: P = EMI × (1 − (1 + r)^−n) ÷ r, where r is the annual rate ÷ 12 ÷ 100 and n is the tenure in months. At 0% it's simply EMI × n.
That's the same EMI formula run backwards, so if you plug the result into the EMI calculator at the same rate and tenure you'll get your EMI capacity back.
கருதுகோள்கள் மற்றும் வரம்புகள்
- Uses net monthly take-home, not CTC.
- New EMI capacity is max(0, income × ratio − existing EMIs).
- The chosen ratio covers both existing and new loans; it is not applied after subtracting EMIs from income.
- Loan amount is the present value of monthly EMIs at the nominal annual interest rate divided by 12; zero-interest capacity equals EMI × months.
- Eligibility omits credit-score, age, collateral and lender underwriting constraints.
அடிக்கடி கேட்கப்படும் கேள்விகள்
What EMI to income ratio do Indian banks use?
There is no single universal ratio or guaranteed lender-specific percentage. Lenders vary by borrower profile, income definitions, loan type and policy. Use a conservative ratio for planning and ask the lender which rule applies to your application.
Does my CIBIL score affect loan eligibility?
Yes, significantly. A CIBIL score of 750 plus typically unlocks the highest sanctioned amounts and the lowest rates. Scores between 700 and 750 reduce your eligibility marginally and may push you to higher rates. Below 700 the eligibility shrinks sharply and several lenders will decline outright. The calculator does not factor CIBIL directly because it is a binary or banded factor at the underwriting stage.
Why does longer tenure increase eligibility?
A longer tenure reduces the monthly EMI for the same principal, which means a higher principal can be sanctioned within your maximum EMI capacity. A 50 lakh home loan at 8.5 percent for 20 years has an EMI of roughly 43,400. The same loan stretched to 30 years has an EMI of roughly 38,450. The lower EMI fits more comfortably within your income, so the bank can sanction more.
Should I take the maximum loan I am eligible for?
Usually no. Banks size loans against your current income and current commitments, not against your future emergencies, lifestyle inflation, child education, parents' medical needs or career risk. Borrow what you actually need with a comfortable safety margin, not what the bank is willing to lend.
Do banks consider rental income or bonuses?
Yes, with caveats. Stable rental income with formal lease documentation usually counts at 70 to 80 percent of the gross rent. Bonuses may be added at 50 percent of the average of the last 2 to 3 years if they are documented in the offer letter or pay slips. Variable pay components are discounted heavily by most underwriters.
How does self employment affect eligibility?
Self employed borrowers usually qualify for somewhat lower amounts than salaried borrowers at the same gross income, because banks discount irregular income. Underwriting relies on the last 2 to 3 years of audited ITRs, business bank statements and the GST profile. Higher rates often apply (25 to 75 basis points above salaried rates) and tenure caps may be shorter.
Can a co applicant increase my eligibility?
Yes. Adding a working spouse or parent as a co applicant pools the incomes of both parties, often pushing up the maximum loan amount substantially. Both incomes are considered net of existing EMIs. The co applicant becomes equally liable for the loan and their CIBIL is also affected by repayment history.