How much loan can you get? Check in a minute.

A free estimate for personal, car, business and property loans, using the checks Indian lenders commonly apply. No sign-up, and your numbers stay on your phone.

Filled with example values. Replace them with yours.
Loan you want
₹
years
% p.a.
Leave blank to use the indicative rate for your score.
₹
years
₹
₹
Average of balances on the 5th, 15th and 25th over 6–12 months.
₹
About you
years
Each application is a hard enquiry on your credit report.
Income
₹
years
months
₹
₹
Lenders add this back to profit as cash income.
₹
years
₹
Rent, interest etc. Lenders usually count 50%.
₹
Your FOIR –
Include your existing EMIs. Leave blank to use the bank's standard FOIR.
Existing obligations
₹
Home, car, personal, consumer durable loans etc.
₹
Lenders treat 5% of this as a monthly obligation.
Likely eligible
See details

How the estimate works

Lenders don't start with the amount you want. They work out several separate limits, then lend up to the lowest one. This calculator does the same and shows you which limit is holding you back.

  1. Income counted. Your in-hand salary, or ITR profit plus depreciation if you are self-employed, plus half of any other regular income.
  2. Repayment capacity. The share of that income allowed for EMIs, known as FOIR, minus the EMIs you already pay.
  3. Loan-specific limits. A multiple of income for personal loans, the car's value, your business turnover, or the value of your property.
  4. Lender checks. Your CIBIL score, age, work or business history, recent applications and past defaults.

You then get a likely amount, an estimated EMI, a plain-language reason for the number, and specific steps to increase it.

Choose your loan

This is an estimate, not a loan offer. MyLoanLimit is not a lender, and using the calculator does not affect your credit score. Read the disclaimer.

Frequently asked questions

How accurate is this loan eligibility calculator?

It gives a realistic starting point, based on rules commonly used by Indian banks and NBFCs. It is not any one lender's policy, so a lender's actual figure can be higher or lower after it verifies your documents and credit report.

Will checking here affect my CIBIL score?

No. The calculator does not pull your credit report. You type in your score yourself, and everything is worked out on your own device.

Do you save the numbers I enter?

No. The calculation runs in your browser and your numbers are not sent to us. See the privacy policy for details.

What is FOIR?

FOIR, or Fixed Obligation to Income Ratio, is the share of your monthly income that goes towards EMIs and similar fixed payments. Lenders use it to decide how much new EMI you can afford. Try the FOIR calculator.

What CIBIL score do I need for a loan?

For unsecured loans, 650 is the usual minimum, and 750 or above tends to get the best rates. Secured loans can sometimes be possible from 600. See the score guide for each loan.

Can I apply for a loan on MyLoanLimit?

No. We are a free information tool and do not lend, arrange loans or take applications. Use your estimate when you speak to a bank or NBFC directly.