Personal Loan Eligibility Calculator – Free Online Tool | MahadevX
Estimate your personal loan eligibility calculator instantly. Indicative figures — your real offer comes from a single MahadevX application across 25+ lenders.
Frequently asked questions
How is personal loan eligibility calculated?
Lenders apply a FOIR (Fixed Obligation to Income Ratio) cap — usually around half of your net monthly income across all EMIs. Your free EMI headroom, the interest rate and the maximum tenure for your age together set the amount you can support.
Is the result a guaranteed offer?
No — it is an indicative estimate using standard FOIR assumptions. Each lender treats income and obligations differently. Submit one application with MahadevX to see your real sanctionable offers from 25+ lenders.
How can I increase my eligibility?
Add a co-applicant, close or consolidate costly EMIs, pick a longer tenure, or document extra income. Your advisor will show which lever moves your number most.
Does this affect my CIBIL score?
No — the calculation runs entirely in your browser. Your score is only touched by a lender hard inquiry, which with MahadevX happens once, not once per bank.
Reviewed by Kamalapati Upadhyay · 12 + Years
MahadevX is a loan facilitation and distribution platform. Loan approval, interest rates, tenure, and disbursement are subject to the policies, eligibility criteria, and final approval of the respective lending institution.