Salary vs. Loan: What’s the Real Limit?
Your monthly income is the #1 factor that lenders use to decide how much personal loan you can get.
But it’s not just salary — lenders also look at your:
Existing EMIs (if any)
Credit score
Job stability
Bank statements (for spending pattern)
Company profile
Let’s break it down:
On a ₹25,000 Monthly Salary
✅ Typical Loan Range: ₹1.2 Lakhs – ₹2 Lakhs
| Loan Factor | Estimate |
|---|---|
| Max EMI (45–50%) | ₹11,000 – ₹12,500 |
| Tenure | 12–36 months |
| CIBIL Required | 650+ preferred |
| Disbursal Time | Within 24–48 hours |
Tip: Opt for longer tenure to lower EMI pressure.
On a ₹50,000 Monthly Salary
Typical Loan Range: ₹2.5 Lakhs – ₹5 Lakhs
| Loan Factor | Estimate |
|---|---|
| Max EMI (up to 50%) | ₹22,000 – ₹25,000 |
| Tenure | 12–60 months |
| CIBIL Required | 680+ for better terms |
| Disbursal Time | Same-day possible via Vizzve |
Pro Tip: With a stable job and clean credit, you can even negotiate lower interest rates.
How Vizzve Finance Helps
| Feature | Vizzve Advantage |
|---|---|
| 💡 Instant Eligibility Check | No impact on credit score |
| 🧾 Low Doc Process | Aadhaar + PAN + Bank Statement |
| ⚡ Fast Disbursal | Same-day for eligible profiles |
| 📊 EMI Calculator | Know your monthly commitment upfront |
Sample EMI Table (For ₹2 Lakhs Loan)
| Tenure | Interest Rate | Approx EMI |
|---|---|---|
| 12 months | 14% | ₹18,000 |
| 24 months | 14% | ₹9,600 |
| 36 months | 14% | ₹6,900 |
Note: Figures vary by credit profile. Use Vizzve’s EMI tool for accurate planning.
FAQs
Q1. Can I get a personal loan with ₹25,000 salary and no credit history?
Yes. Vizzve offers loans to first-time borrowers with alternate data evaluation.
Q2. Is ₹50,000 salary enough for a ₹5 lakh loan?
Yes — if your credit score is strong and you have no other EMIs running.
Q3. What if I’m a freelancer or gig worker?
Vizzve allows income evaluation via bank statements or UPI history.
Q4. Will my loan amount increase over time?
Yes. Once you repay 3–6 EMIs on time, you may get pre-approved top-up loans.
Published on : 23rd July
Published by : SMITA
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RBI-Registered Loan Partner | 10 Lakh+ Customers | ₹600 Cr+ Disbursed