Check your loan readiness — before you apply.
This educational check looks at a few affordability and profile factors. It does not access a credit bureau or predict a lender’s final decision.
How much loan can I get on my salary?
Lenders usually start from how much of your monthly income would go towards EMIs — existing EMIs plus the new one. This is often called the EMI-to-income or FOIR ratio. Each lender sets its own limit and also looks at your credit history, job or business stability and the loan type.
A simple way to plan: decide the share of take-home income you are comfortable committing to all EMIs, subtract the EMIs you already pay, and see what loan that monthly budget supports at a given rate and tenure. For example, with ₹60,000 take-home income, ₹5,000 of existing EMIs and a 50% planning budget, ₹25,000 a month is left for a new EMI — at 14% over 3 years that corresponds to a loan of about ₹7.3 lakh. A lower share leaves more room for everyday expenses and savings.
The 35% and 50% figures used on LoanBaazi are planning ranges, not lender rules. For a loan-specific estimate, use the eligibility check for your loan type →