Personal Loan Eligibility Calculator
Monthly Income
Interest Rate
Loan Tenure (months)
Eligibility Summary
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Max Eligible Loan Amount
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Personal Loan Eligibility Calculator
The DhanLift Personal Loan Eligibility Calculator helps you estimate the maximum personal loan amount you may be eligible for based on your monthly income, existing loan obligations, and the prevailing interest rate.
Lenders typically use a Fixed Obligation to Income Ratio (FOIR) to determine how much of your monthly income can go toward loan EMIs. This calculator applies that principle to give you a realistic eligibility estimate before you apply.
Use this tool to understand your borrowing capacity, plan your loan request, and avoid applying for an amount that exceeds your profile - which can reduce your approval chances and impact your credit score.
How to Use Personal Loan Eligibility Calculator?
Enter your net monthly income (take-home after taxes and deductions).
Set the expected interest rate for this loan type.
Choose your preferred repayment tenure in months.
The calculator estimates the maximum loan amount you may be eligible for based on a 50% FOIR.
Formula for Personal Loan Eligibility Calculator
FOIR (Fixed Obligation to Income Ratio) is typically 40–60% depending on the lender. This calculator uses 50% as a standard estimate.
Benefits of Using the Personal Loan Eligibility Calculator
Why thousands of borrowers start here before applying.
Know Before You Apply
Understand your estimated personal loan eligibility before approaching any lender, reducing the risk of rejection.
Plan Your Loan Amount
Set realistic expectations for your loan request so you apply for what you're likely to receive.
Compare Tenure Impact
See how choosing a longer tenure can increase your eligible amount by reducing the implied EMI burden.
Avoid Credit Score Impact
Applying for the right amount reduces the need for multiple applications, each of which triggers a hard inquiry on your credit report.
Completely Confidential
This is an estimate tool only - no personal data is stored or submitted to any lender.
Factors That Affect Personal Loan Eligibility Calculator
Understanding these variables helps you estimate more accurately and plan better.
Monthly Income
Higher net income directly increases your eligible loan amount, as lenders allow a higher absolute EMI.
Existing EMIs
Outstanding loan obligations reduce your available FOIR, lowering the amount you can be approved for.
Interest Rate
Lower interest rates mean each rupee of EMI capacity translates into a larger loan amount.
Loan Tenure
Longer tenure reduces implied monthly EMI burden, allowing lenders to approve higher loan amounts.
Credit Score
A higher CIBIL score (750+) makes lenders comfortable offering you larger amounts at better rates.