Question: Can I Get 15 Lakh Loan?

How much loan can I get on 35000 salary?

If you are taking a home loan for 35,000 salary, you can get a maximum loan amount of Rs.

20,16,481 at say an 8.5% interest rate for a tenure of 20 years.

In this situation, the home loan EMI amount you would pay is not more than Rs.

17,500..

What will be the EMI for 20 lakhs home loan?

Check EMI Calculation for 20 Lakh home loan for 5, 10, 15, 20 Years or How much EMI you have to pay for 20 Lakh home loan amount per month?…EMI Calculation for 20 Lakh Home Loan amount for Various Tenure Options:Tenure OptionsEMI Per Month5 YearsRs.4056010 YearsRs.2426015 YearsRs.1912020 YearsRs.167202 more rows•Jun 21, 2013

Can I get 30 lakh loan?

Check EMI Calculation for 30 Lakh home loan for 5, 10, 15, 20 Years or How much EMI you have to pay for 30 Lakh home loan amount per month?…30 Lakh Home Loan Interest Rates.SBI7.90 – 8.45%Axis Bank8.55% – 9.10%Bank of Baroda8.15% – 9.15%Canara Bank8.10 – 8.55%Aadhar HousingN.A4 more rows

What is the EMI for 60 lakhs home loan?

60 Lakh at 9% (0.75% per month) rate of interest with tenure of 20 years (240 months). Then, EMI = [60,00,000 x 0.75% x (1+0.75%)^240]/[(1+0.75%)^ (240-1)]….FAQs.LTVProperty value90%Less than Rs. 30 Lakh80%Rs. 30 Lakh to up to Rs. 75 Lakh75%Above Rs. 75 Lakh

Can you get a 15 year personal loan?

Get Personal Loan Rates When you’re looking for long-term personal loans, many companies, like LightStream Personal Loans Review, offer terms of 10-year personal loan terms or, like Navy Federal Credit Union, terms as high as 15 years.

Can I get 10 lakhs personal loan?

10 Lakh Personal Loan: Features and Benefits. Enjoy instant approval and same-day disbursal on Rs. 10 lakh personal loan from Bajaj Finserv. Simply meet the necessary eligibility criteria to borrow the funds without pledging any collateral.

What is the monthly payment on a 10000 loan?

Your monthly payment on a personal loan of \$10,000 at a 5.5% interest rate over a 1-year term would be \$858.

Can I get 20 lakh loan?

Check the loan amount you are qualified for against your income and other factors with the help of a personal loan eligibility calculator….Eligibility Criteria for Rs. 20 Lakh Personal Loan.Eligibility CriteriaRequirementsOccupationSalaried or self-employedAgeBetween 23 and 55 years2 more rows

Is it hard to get a personal loan?

Getting a personal loan can be easy if you meet all the lender’s requirements and are flexible with what interest rate you’ll pay. Understanding what you need to be able to qualify for a personal loan will save you some time and energy in getting approved.

How is loan amount calculated?

Divide your interest rate by the number of payments you’ll make in the year (interest rates are expressed annually). So, for example, if you’re making monthly payments, divide by 12. 2. Multiply it by the balance of your loan, which for the first payment, will be your whole principal amount.

How can I get 6 lakh loan?

6 lakh Personal Loan, follow these simple steps mentioned below:Enter your employment, financial, and personal information.Select the loan amount and repayment tenor to avail the funding rapidly.Submit the required documents with our representative, who will get in touch with you.More items…

What’s the longest loan you can get?

in commerce. It used to be that the longest car loan you could get was for 60 months, or five years. But now the average new-car loan is nearly 70 months, with some lenders offering 84-month auto loans or longer.

How much loan can I get if my salary is 1 lakh?

For example, if you earn Rs 1 lakh and have expenses of Rs 30,000 a month, then you can easily go for a loan with Rs 40,000 EMI. But for someone with the same Rs 1 lakh salary, but having Rs 75,000 in expenses, will find the Rs 40,000 EMI unaffordable.

What will be the EMI for 15 lakhs?

Check EMI Calculation for 14 Lakh home loan for 5, 10, 15, 20 Years or how much EMI you have to pay for 14 Lakh home loan amount per month?…14 Lakh Home Loan EMI Details.Repayment PeriodEMI Per Month5 YearsRs. 28,38710 YearsRs. 16,98615 YearsRs. 13,37920 YearsRs. 11,7102 more rows

How much loan can I get if my salary is 70000?

How much home loan can I get on my salary?Net Monthly incomeHome Loan AmountRs.30,000Rs.22,37,206Rs.40,000Rs.29,82,941Rs.50,000Rs.37,28,676Rs.70,000Rs.52,20,1461 more row