How much car loan amount is eligible for my salary?
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How much car loan amount is eligible for my salary?
For self-employed applicants The net annual business income should be at least Rs. 1.8 lakh p.a. for certain models and Rs. 2 lakh p.a. for other models.
How much car loan can I get on 16000 salary?
The maximum loan amount may range between 8 to 10 times your monthly income. Henceforth, you may become eligible for a maximum loan amount of Rs. 1,60,000 which can be repaid in a tenure that is comfortable to you. In case you are looking for a loan at better terms, you may check your eligibility here.
How much car loan can I get on 12000 salary?
Salary of 12000, Am I eligible for Loan? Check here online
| Product | Salary | Min. loan amount |
|---|---|---|
| Personal Loan | 12000 | 40000 |
| Home Loan | 12000 | 300000 |
| Car Loan | 12000 | 150000 |
| Credit Card | 12000 |
Can I get loan with 15000 salary?
With 15,000 salary, borrowers can easily avail small cash loans ranging from 50,000 to 1,50,000. This is easy to repay when broken down into EMIs. Individuals applying for first-time loans or those with a minimum monthly income of INR 15,000 can also apply for an instant loan on the SimplyCash loan app.
How much loan can I get if my salary is 20000?
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 |
How much loan can I get if my salary is 13000?
Salary of 13000, Am I eligible for Loan? Check here online
| Product | Salary | Min. loan amount |
|---|---|---|
| Personal Loan | 13000 | 45000 |
| Home Loan | 13000 | 300000 |
| Car Loan | 13000 | 100000 |
| Credit Card | 13000 |