Articles

How much loan can I get on 23000 salary?

How much loan can I get on 23000 salary?

Lenders will assess the personal loan amount according to your monthly salary of INR 23,000. With this income, you can pay an EMI of around 50 percent of your monthly income which is INR 11,500. Based on this, you can get a maximum loan of INR 4 lakh for a period of 5 years at an interest rate of 14 percent per annum.

Can I get home loan on 20K salary?

Here taking a salary as ₹ 20k, & without any fixed monthly obligation, you can pay a maximum of ₹ 10,000 as EMI considering 50\% FOIR. If the interest rate is 10\% per annum, the loan amount eligibility can be arrived at ₹ 10,36,246 using a home loan eligibility calculator (assuming 3 household members).

READ ALSO:   Can I use Google colors in my logo?

How much home loan can I get on 20000 salary Quora?

As 20000 Rs as monthly income you can get minimum of 20000 x 60 = 1200000 Rs loan.

What is a personal loan eligibility calculator?

Personal loan eligibility calculator is a handy tool that can help users figure out if they are eligible for a personal loan based on the inputs provided. The inputs that need to be provided may include desired loan amount, income level, city/town of residence, number of dependants, current total EMI payments each month and more.

What is the eligibility criteria for moneymoneyview personal loans?

MoneyView offers personal loans in the range of Rs 5,000 to Rs 5,00,000 subject to the basic eligibility criteria as mentioned below: Minimum Cibil score of 600 or Experian score of 650 **Please go through the detailed income and credit score requirements Mumbai/Thane or the NCR region (Delhi, Noida, Gurgaon, Ghaziabad, Faridabad, etc.)

What are the eligibility criteria for personal loans for salaried applicants?

READ ALSO:   Does the purple seat cushion help with back pain?

Salaried applicants need to satisfy the following personal loan eligibility criteria. The applicant’s age should be minimum 25 years and maximum 60 years at the time of applying for a personal loan if the applicant is a salaried employee.

Can a salaried employee get a personal loan of 50 lakhs?

The salaried applicants can avail a personal loan up to ₹50 Lakhs, based on their eligibility. 180 Cities across India. Not required. The salaried employees should have a minimum of 2 years of total work-experience, and at least 6 months in the current company.