Loan Eligibility Calculator

Find out the loan amount you could get, based on the EMI you can comfortably afford.

How it is calculated

This works backwards from the normal EMI formula — instead of finding the EMI, it finds the loan amount for a fixed EMI, rate, and time.

Formula

Principal: EMI × ((1+r)ⁿ − 1) ÷ (r × (1+r)ⁿ)

Frequently asked questions

Will a lender actually approve this exact amount?

Not always. This shows the loan amount your chosen EMI can support, mathematically. Your real eligibility also depends on your income, other debts, credit score, and the bank's own rules.