ALL >> Investing---Finance >> View Article
How Much Loan Can I Get If My Salary Is 25,000?

How to manage for the same?
Your EMI also determines how much amount you can get as Personal Loan from the bank. Your EMIs should be structured in such a way that it should not cross 40-50% of your monthly income. For instance, if your salary is Rs. 25,000, make sure your EMIs all together do not cross Rs. 12,500.
Though, this amount varies from lenders to lenders. It is dependent upon many factors including the bank’s internal policies as well as the applicant’s financial status.
Eligibility Criterion for Personal Loan Approval:
The basic criterion of eligibility for personal loan for most of the banks and NFBCs are as follows:
• Age Limit: 21-60 years for salaried person and 21-65 for self employed person. In some banks, the minimum age requirement is 23 years.
• Loan Amount: 10-27 times the net monthly income
• Minimum Net Monthly Income: Rs. 15,000 to get personal loan in rural and semi-rural areas; Rs. 20,000 to get personal loan in Delhi and other urban areas and metro ...
... cities.
• Work Experience: a minimum requirement of 3 years in total. Tenure from the current company you are working in should not be less than 6-12 months.
• CIBIL Score: 650+ credit score required. Most of the banks avoid giving loans to those having a low credit score. Make sure your credit score is good.
How to improve your eligibility for Personal Loan?
You can improve your eligibility to avail a low interest personal loan in the following ways:
• Pay off your existing debts and loans to one up your chances to get a low interest personal loan.
• Get rid of EMIs or any other obligations on time to obtain a good credit score. This will help you to get better offers from banks and NFBCs that will provide you personal loans on low interest.
• Put your pre-existing loans to a lower interest rate. This will lower your EMIs and help you get a higher amount.
Personal Loan in Delhi - Features and benefits:
Delhi is one of the busiest and productive metropolitan cities of India; it is always growing, building and re-building itself. One can get a personal loan in Delhi in competitively lower interest rates as there is always demand for such loans in urban cities like Delhi.
One can avail the following features while taking a personal loan in Delhi:
• Instant loan approval
• Receive money in your bank account within 24 hours
• Minimal documentation
• Flexible loan tenure of 12-60 months for easy repayment
• Flexibility of repayment options
• Get a maximum amount of Rs. 25 L and never face liquidity crunch
The Bottom Line:
One can get a personal loan of up to approximately 10 times their net monthly income, i.e., if your salary is Rs. 25,000 per month, then you will be able to get a loan of Rs. 2.5 Lakhs. Though, as mentioned above, this value could vary according to applicant’s financial history.
LoansJagat.com offers Personal Loans, Home Loans, Business Loans, Loans Against Property and low EMI Balance Transfer to other banks. Apply Online Now.
Add Comment
Investing / Finance Articles
1. Why London’s Financial District Prefers Outsourced Accounting ServicesAuthor: Ahmad
2. What To Look For In A Health Insurance Plan In The Uk
Author: Financeadvisors
3. Tech Startups And Business Loans In Hyderabad: A Perfect Match
Author: anilsinhaanni
4. 7 Simple Steps To Buying A Home For The First Time
Author: X2 mortgage
5. Buy A New Home With Equity Release: A Step-by-step Guide
Author: Financeadvisors
6. Ponta Do Sol: Viver E Investir No Coração De Santo Antão
Author: Camila Soldev
7. How Hyderabad’s Millennials Are Using Personal Loans In 2025
Author: anilsinhaanni
8. Finsta: Simplifying Finance With Smart Loan Management Software
Author: Ojeshwanigyb31
9. Direct Lender Installment Loans For Life’s Big Moments
Author: Novlik
10. Why Hiring An Sme Ipo Consultant Is Critical For Your Company’s Successful Listing
Author: IPO Consultant
11. $500 Cash Advance No Credit Check
Author: Easy Payday Lenders
12. Why You Should Consult A Pension Advisor In The Uk
Author: Financeadvisors
13. Fixed Vs Floating Rates: Smarter Housing Loans In Hyderabad
Author: anilsinhaanni
14. See Beyond: Master The Markets With Expert Online Stock Market Training
Author: seebeyond
15. Stock Market Advisory: How To Identify The Best Stock Advisory For Smart Investments
Author: SandeepS