If your take-home salary is Rs.
70,000 per month, you are eligible for a good home loan amount.
Your loan amount depends upon the FOIR set by the banks which is 50% of your salary.
How much loan I can get if my salary is 20000?
However, most banks and NBFCs limit a personal loan at Rs.25 lakhs to an individual. Individuals are generally eligible for a loan amount up to 60 times their monthly income. So, if your income is Rs.20,000 a month, you are eligible for a loan up to Rs.12 lakh.
How much loan can I get if my salary is 60000?
my salary is 60000, How much home loan will i get. Hi, If you do not have any liability which is more than 6 months longer. You can get upto 60% of your monthly take home as EMI. It means at Rs. 60000/pm you can pay up to 36000/pm as EMI so @9.4% for 20 years you can avail Rs. 37-40 lakhs loan.
Photo in the article by “Moving at the Speed of Creativity”