Work out your borrowing capacity
Eligibility calculator
Change any figure and the results update as you type. Nothing is sent anywhere and nothing is stored.
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The rule behind the number
FOIR — the fixed obligation to income ratio — is the whole calculation. A lender decides what share of your monthly income may go to loan repayments in total, subtracts what you already pay, and lends whatever the remaining EMI can service.
Written out: (net income × FOIR) − existing obligations = the EMI available to you. The loan that EMI supports, at your rate and tenure, is your sanction.
Two things surprise people. Your credit score is not in that formula — it sets the rate, which changes the amount only indirectly. And credit card balances count as obligations at about 5% of the outstanding, whether or not you pay the bill in full every month.
Did you know?
A ₹2 lakh credit card balance is read as ₹10,000 of monthly commitment, which on a 50% FOIR at ₹60,000 income removes a third of your entire allowance — and can cut roughly ₹4.4 lakh off what you would otherwise be sanctioned. Paying the card down before applying is frequently worth more than a salary increase, and it takes one transfer rather than one appraisal cycle.
If the number is smaller than you need
Four things move it, and they are not equally good.
Clear a small running loan. The best option. It removes an obligation outright and adds no interest cost.
Pay down credit card balances before the statement date. Fast, and it improves your score at the same time.
Add an earning co-applicant. Their income joins the pool — but so do their EMIs, so the gain depends on their obligations too.
Stretch the tenure. It works, and lenders suggest it first because it earns them the most. Move the tenure field above and watch the amount rise and the interest column rise faster.
Expert insight
Treat the number this calculator gives you as a ceiling, not a target. Lenders assess what you can repay, not what you should borrow — the FOIR cap leaves 45% to 60% of your income for rent, food, school fees and everything else, which is thinner than it sounds once life happens. Borrowers who take the full sanction are the ones who struggle after one unexpected month. Borrow the amount you actually need, at the shortest tenure whose EMI you can carry comfortably.
Why the lender's number may differ
This calculator applies the standard rule. A particular lender may land somewhere else because it uses a different FOIR for your income band, grades your employer differently, discounts variable pay, applies an age limit that shortens the tenure, or counts an obligation you had forgotten about. Treat the result as an accurate estimate of the shape of your eligibility rather than a sanction figure.
The full list of what gets assessed is on the eligibility page, income level by income level on the loan by salary page.
Please note
This is an estimate based on the standard FOIR method and the figures you enter. It is not an offer, a sanction or a guarantee of approval. Individual lenders apply their own caps, employer grading and income treatment, and policies change without notice.
Questions this page gets asked
How much personal loan can I get on my salary?
It depends on your existing EMIs, not on a multiple of pay. Run the figures above — the answer commonly falls between ten and twenty-four times monthly salary.
What is FOIR?
The share of your monthly income a lender allows to go to loan repayments in total, usually 40% to 55%. Existing EMIs are subtracted from it first.
Is CTC or take-home used?
Take-home — the net amount credited to your bank account. CTC is not used at all.
Do credit cards reduce my eligibility?
Yes. About 5% of the outstanding balance is counted as a monthly obligation, even if you clear the bill in full each month.
Will a better credit score increase the amount?
Only indirectly. A better score means a lower rate, and a lower rate means the same EMI supports a slightly larger loan. The cap itself comes from income.
Does a longer tenure get me more?
Yes, and it costs more. Compare the interest column in the table before choosing a longer term.
How much does a co-applicant help?
Their income is added to the assessable pool, often lifting the sanction substantially — but their existing EMIs are added too.
Why is the lender offering less than this figure?
Commonly a lower FOIR for your income band, a discounted variable component, employer grading, or an obligation you did not include. Ask which components were assessed.
Conclusion
Your salary sets the ceiling and your existing EMIs decide how much of it is still free. That is why two colleagues on identical pay get very different answers, and why clearing one small loan often does more than asking for a longer tenure.
Run your real figures above before you apply, so you approach lenders knowing the shape of the answer. Then borrow what you need rather than what you are offered. The other tools are on the EMI calculator page.
See what lenders will actually offer you
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