How much loan I can get if my salary is 12000?

Salary of 12000, Am I eligible for Loan? Check here online

ProductSalaryMin. loan amount
Personal Loan1200040000
Home Loan12000300000
Car Loan12000150000
Credit Card12000

How much loan I can 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.

Which bank gives personal loan fast?

Apply

BANK/NBFCInterest Rate(pa)Locking Period
HDFC Bank11.25%- 17.75%12 Months
ICICI Bank11.50% – 17.25%6 months
Bajaj Finserv12.49% -15.30%1 month
Kotak Bank10.75% -17.99%12 months

Which bank is best for personal loan 2020?

HDFC Bank, ICICI Bank, Kotak Bank offer the lowest interest rate starting at 10.25% and can be considered the best bank for a personal loan.

How much loan can I get if my salary is 5000?

Fixed Obligation Income Ratio

Salary FigureExisting EMI of Rs. 3000Existing EMI of Rs. 5000
Rs. 20000Rs. 4.08 lakhsRs. 3.60 lakhs
Rs. 30000Rs. 7.70 lakhsRs. 6.00 lakhs
Rs. 40000Rs. 8.88 lakhsRs. 8.40 lakhs
Rs. 50000Rs. 11.28 lakhsRs. 10.80 lakhs

How much loan can I get if my salary is 24000?

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%.

Which bank is best for loan?

5 Best Online Personal Loans in India Dec 2021

BankInterest RateProcessing Fee
ICICI Bank10.25%Upto 2.25% of Loan Amount
Kotak Bank10.25%Starting from Rs.999
HDFC Bank10.25%Upto 2.50% Min ₹ 999
Axis Bank10.49%Rs.4,999