Loan Eligibility Checker
Get a rough idea of how much you might qualify for, based on your income, existing EMIs, age, and credit score. No documents and no sign-up — this is an educational estimate, not an offer of credit.
Check how much you may qualify for
Add your income, existing EMI, age, and credit range to estimate eligibility.
This is an estimate. Final eligibility depends on lender checks.
Based on your income and EMI capacity. Final offer depends on credit history.
Indicative only. Final eligibility is determined by the lender based on documents and credit history.
What affects loan eligibility?
Lenders look at your repayment capacity and risk before deciding how much to offer. The main factors are your income, your existing monthly obligations (FOIR / debt-to-income), your credit score, your age and remaining working years, and your employment or business stability. Secured loans (gold, property, vehicle) also depend on the value of the asset.
How to improve your eligibility
- Keep your credit score healthy — pay EMIs and card bills on time.
- Lower your existing EMIs or close small loans before applying.
- Add a co-applicant with income to boost the eligible amount.
- Choose a longer tenure (within reason) to fit a larger loan into your repayment capacity.
- Show stable, documented income — salary slips, ITRs, or bank statements.
What loans actually cost
LoanSathi is an independent loan-comparison and education service — we do not lend money and we do not decide your rate. The figures below are illustrative ranges across our partner lenders so you can understand the true cost of borrowing before you apply anywhere. Your actual rate, fees, and eligibility are set by the lender based on your profile.
Min 3 months (short-term & gold loans) to max 360 months (home loans).
APR includes interest plus typical fees. Lowest rates go to high-credit, secured borrowers.
Processing fee. Some lenders add documentation, prepayment, or late-payment charges.
If you borrow a personal loan of ₹1,00,000 over a 24-month term at a representative 14% p.a. (reducing balance) interest rate, with a 2% + 18% GST processing fee (₹2,360), you would pay a monthly EMI of about ₹4,802. Total interest over the term is about ₹15,248, so the total amount repayable is about ₹1,17,608 (principal ₹1,00,000 + interest ₹15,248 + fees ₹2,360), giving a representative APR of about 17.5%.
This example is for illustration only and is not an offer of credit. Actual interest rate, APR, fees, EMI, and eligibility vary by lender, loan type, amount, tenure, credit score, and income. Always read the lender's sanction letter and Key Fact Statement before signing. Terms & conditions apply. See our disclaimer.