The Loan Eligibility Calculator helps you determine how much loan amount you are eligible for based on your financial profile and loan preferences.

To use the calculator, follow these steps:

• Select your occupation (Government job, Private job, Business).
• Adjust the slider for your age.
• Choose your monthly income range.
• Enter your monthly income.
• Input any other monthly EMIs you are paying.
• Select the desired loan term (in years).
• Enter your credit score using the slider.

If your income changes from one year to another, enter your average income over the last two years. This should be enough to give you a rough idea of how much you could borrow.

• Occupation: Choose whether you work in a government job, private job, or own a business.
• Age: Specify your age.
• Range (Monthly Income): Select your monthly income range.
• Monthly Income: Enter your exact monthly income.
• Other EMIs (Monthly): Input the total of all monthly EMIs you are currently paying.
• Loan Term (Years): Choose the duration for which you want to take the loan.
• Credit Score: Enter your credit score using the slider to get a more accurate eligibility results as Interest Rates vary as per your credit score.

The filter options help you sort the loan options based on:

• EMI: Monthly instalment amount. You may want to sort the results based on EMI amount in an creasing order or decreasing order.
• Alphabetical Order: You can use this option to sort the results based on bank names.
• Range (Monthly Income): Select your monthly income range.
• Monthly Income: Enter your exact monthly income.
• ROI: As the name suggests, this is option to sort results based on Rate of interest.
• Loan Amount: Use this option to sort the results based on the Loan Amount, you are eligible for.

The calculator uses the information provided about your financial profile (age, income, existing EMIs, credit score) and your preferences (loan term) to estimate the loan amount you may be eligible for.

Your credit score is a crucial factor that lenders consider to determine your creditworthiness. A higher credit score typically results in better loan offers and lower interest rates.

If the loan amount you are eligible for is lower than expected, consider the following:

• Increasing your monthly income by adding a family member in the loan who is earning
• Paying off existing EMIs to reduce your monthly liabilities.
• Reduce the remaining tenure of existing loans. By paying off a portion of the outstanding principal on a current loan, you can shorten the remaining tenure to 11 months or less. Lenders typically disregard EMIs that have 12 months or fewer remaining.

At our platform, we understand that the journey to securing a loan can be complex. That's why we've designed our eligibility calculator to give you a reliable estimate based on the information you provide. We trust that you’ve given us accurate details and have the necessary documents to support them. While the final offer will come from your chosen lender, rest assured that we work tirelessly to ensure it meets your expectations. We're here to support you every step of the way.