# What is the EMI for 3 lakhs personal loan?

Calculated Monthly EMI for 300000 of loan amount for 3 years at various rate of Interest :

Loan Amount Rate of Interest Per Month EMI
3 Lakh 14.00% Rs.10253.29
3 Lakh 15.00% Rs.10399.6
3 Lakh 16.00% Rs.10547.11
3 Lakh 18.00% Rs.10845.72

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## In this regard, can I buy house with 10000 salary?

The minimum salary required to avail home loan from Karnataka Bank is ₹ 10,000.

Also know, how much EMI can I get for 5 lakhs? Calculated Monthly EMI for 5 Lakh of loan amount for 3 years at various rate of Interest:

Loan Amount Rate of Interest Per Month EMI
5 Lakh 15.00% Rs.17332.66
5 Lakh 16.00% Rs.17578.52
5 Lakh 18.00% Rs.18076.2
5 Lakh 20.00% Rs.18581.79

## In this manner, how much loan can I get if my salary is 25000?

25,000, you can avail as much as Rs. 18.64 lakh as a loan to purchase a home worth Rs. 40 lakh (provided you have no existing financial obligations.)

## How much loan can I get on 35000 salary?

Here taking a salary as ₹ 35k, & without any fixed monthly obligation, you can pay a maximum of ₹ 17,500 as EMI considering 50% FOIR. If the interest rate is 10% per annum, the loan amount eligibility can be arrived at ₹ 20,46,586 using a home loan eligibility calculator (assuming 3 household members).

## How much loan can I get on 40000 salary in HDFC?

40,000, you can avail of a loan amount of Rs. 25.69 lakh at the interest rate of 6.90% for a tenure of 25 years, provided you have no other ongoing loans, such as a car loan or a personal loan to repay.

## How much loan can I get on 60000 salary?

However, if you are deliberating on the loan amount with how much loan I can get on a 60,000 salary, the approved amount should be close to

Salary Expected Personal Loan Amount
Rs. 40,000 Rs. 10.80 lakhs
Rs. 50,000 Rs. 13.50 lakhs
Rs. 60,000 Rs. 16.20 lakhs

## How much personal loan can I get if my salary is 15000?

A: A salary of Rs. 15,000 generally falls in the category of a low-income borrower group. So, an instant personal loan app with a maximum approval amount of 1.5 Lakhs can be availed by the borrower with a starting salary of Rs. 15,000.

## What is the EMI for 2 lakhs personal loan?

Calculated Monthly EMI for 2 lakh of loan amount for 3 years at various rate of Interest :

Loan Amount Rate of Interest Per Month EMI
2 lakh 15.00% Rs. 6,933
2 lakh 16.00% Rs. 7,031
2 lakh 18.00% Rs. 7,230
2 lakh 20.00% Rs. 7,433

## What is the interest on 1 lakh loan?

Amortization Schedule for a Personal Loan of ₹ 3.50 Lakh over the 4 years

Year Interest paid during the year Total amount paid during the year (Interest + Principal)
Dec ₹ 2,939 ₹ 8,919
2022 ₹ 31,156 ₹ 1,07,028
Jan ₹ 2,888 ₹ 8,919
Feb ₹ 2,836 ₹ 8,919

## What is the minimum salary for personal loan in HDFC Bank?

₹ 25,000 per month

## Who is eligible for personal loan?

Eligibility Criteria for Salaried

Criteria* Salaried
Age 23 years – 58 years.
Total years in job/profession 2 Years
Years in current residence 1 Year