How Much Loan Can I Get On 13000 Salary?

Can I get personal loan if my salary is 12000?

If you earn a salary of less than Rs.

12,000, you may need to convince the lender about other sources of income that may help you cover your loan repayment.

After speaking to a Bajaj Finserv representative, you can may be able to get your personal loan approved..

How much loan can I get on 75000 salary?

$75,000 annual gross income – 30% = $1,875 per month at 4.5% p.a., which equates to a loan amount of $370,000.

How much loan can I get on 35000 salary?

If you are taking a home loan for 35,000 salary, you can get a maximum loan amount of Rs. 20,16,481 at say an 8.5% interest rate for a tenure of 20 years. In this situation, the home loan EMI amount you would pay is not more than Rs. 17,500.

How much home loan can I get on 55000 salary?

55,000 Monthly Salary. If your monthly income is Rs. 55,000 net, your Home Loan EMI can be a maximum of Rs. 22,500, as per the 50% rule.

Which type of loan is best?

Most personal loans are unsecured with fixed payments. But there are other types of personal loans, including secured and variable-rate loans. The type of loan that works best for you depends on factors including your credit score and how much time you need to repay the loan.

Can I get loan without salary slip?

Can I get a personal loan without a salary slip? Personal loans are not bound by salary slips. But, all lenders will ask you to submit proof of income. … When you mention your occupation in your personal loan application as ‘Private’ or ‘Salaried’, it can be mandatory that you need to submit the salary slips.

How can I get a 50k loan fast?

How to Apply for Rs. 50,000 Loan?Provide your personal and financial details while filling the application form online.Choose a loan amount and suitable tenor to get instant approval.A Bajaj Finserv representative will get in touch with you. … Receive the approved loan amount in your account shortly.

How do you calculate loan to salary?

Your loan eligibility is calculated based on the ratio of your fixed obligations to your monthly income. If your income is less than 30,000, then the maximum obligations cannot exceed 50% of your monthly income. However, for a higher income, the obligations to income ratio can go upto 65%.

How much loan can I get if my salary is 17000?

Based on the information provided by the applicant, bank will calculate his eligibility using eligibility calculator. With a salary of ₹ 17,000, the maximum amount for which he is eligible is ₹ 3.87 Lakh.

What is the EMI for 20 lakhs home loan?

Housing Loan Interest CalculatorEMI for various home loan amounts15 years20 years₹ 16 Lakh₹ 14,159₹ 12,166₹ 20 Lakh₹ 17,698₹ 15,207₹ 25 Lakh₹ 22,123₹ 19,009₹ 30 Lakh₹ 26,547₹ 22,8111 more row

What does 80% LTV mean?

It is expressed as a percentage. So, for example, if a lender offers a mortgage deal which has a maximum 80% LTV, that means they will lend you up to 80% of the property value. Mortgage LTVs typically range from 50% up to 95%. Loan to value calculator.

Can I get personal loan if my salary is 15000?

Don’t worry there are lenders that offer personal loans to individuals with less income. … Most banks stipulate a minimum monthly salary of INR 15,000 – INR 20,000 for individuals to get a personal loan. However, those earning less than INR 15,000 can also get the loan.