Which bank will gives personal loan easily?

HDFC Bank customers can get Personal Loans with minimal or no documentation. In fact, if they are pre- approved for a Personal Loan, they can easily apply for it.

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Likewise, people ask, can I buy house with 10000 salary?

The minimum salary required to avail home loan from Karnataka Bank is ₹ 10,000. … The income criteria for self employed professionals or businessmen may vary in Karnataka Bank.

Also, can I get personal loan if my salary is 15000? Income: In order to be eligible for a personal loan through a bank, you have to draw a minimum salary every month, which varies from bank to bank. But generally, if you are earning at least Rs. 15,000 every month, you will be eligible for a personal loan.

Beside above, 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

How much loan can I get if my salary is 10000?

Banks such as SBI and Indian Overseas Bank provide personal loans to individuals who have lower income of Rs. 5000 per month. But the loan amount might be lower than you expected.

Bank Minimum Monthly Income Required
Punjab National Bank Rs. 10,000
HDFC Bank Rs. 15,000
ICICI Bank Rs. 17,500

How much loan can I get on 24000 salary?

With a salary of ₹ 24,000, the maximum amount he is eligible for is ₹ 5.89 Lakh. The interest he has to pay for this amount for 72 months is 9.60%.

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 personal loan can I get if my salary is 40000?

Multiplier Method

Salary Expected Personal Loan Amount
Rs. 20,000 Rs. 5.40 lakhs
Rs. 30,000 Rs. 8.10 lakhs
Rs. 40,000 Rs. 10.80 lakhs
Rs. 50,000 Rs. 13.50 lakhs

What is the eligibility for 5 lakh personal loan?

Eligibility Criteria for Personal Loan of ₹ 5 Lakh

In general, you can apply for a personal loan upto ₹ 5 Lakh if your age falls within the range of 18 years to 65 years. Income: A ₹ 5 Lakh personal loan application gets approved in no time for salaried employees earning a minimum of ₹ 25,000 monthly.

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 15.00% Rs.10399.6
3 Lakh 16.00% Rs.10547.11
3 Lakh 18.00% Rs.10845.72
3 Lakh 20.00% Rs.11149.08

What will be the EMI for 7 lakhs?

Personal Loan EMI Details for INR 7 Lakhs Loan Amount

Loan Amount (In ₹) Interest Rate (in % per annum) Monthly Installments (EMI In ₹)
7,00,000 10.75 32544
7,00,000 10.75 22834
7,00,000 10.75 18007
7,00,000 10.75 15133

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