Frequently Asked
Loan FAQ's

How is the maximum Personal Loan amount decided?

Your maximum eligible loan amount is affected by the following factors. The higher your income, the higher the loan amount you are eligible for. In the event that you are already paying an EMI towards a previous loan, your loan amount for a new Personal Loan may go down. This is because your income in hand would be lower compared to a scenario where you are not already paying another EMI. The higher the number of dependents on you, the lower the eligibility amount. Note: This is by no means an exhaustive list of factors that impact Personal Loan disbursal limits. The final decision of your eligible loan amount is ultimately left to the discretion of your lender.