Use our Advanced Loan Calculator to estimate your maximum Personal Loan, Home Loan, and Car Loan eligibility instantly. We use your monthly salary, CIBIL Score, existing loan EMI, and preferred tenure for an accurate, real-time estimate.
Enter your details below to calculate your maximum eligible loan amount.
The Equated Monthly Installment (EMI) is calculated using the principal loan amount (P), the monthly interest rate (i), and the tenure in months (n).
Lenders typically allow your total EMI obligations (new and existing) to be between 40% to 50% of your net monthly salary. Our loan calculator uses a 45% standard to estimate your eligible loan amount, adjusted by your CIBIL score and employer type.
A higher CIBIL Score (750+) indicates better creditworthiness. Our calculator uses a multiplier (e.g., 1.2x for 800+ score) on your available EMI capacity, meaning a better score allows you to borrow a significantly higher principal amount and usually secures a lower interest rate.