How much personal loan can I get on a Rs.30,000 salary?

On a Rs.30,000 salary with no existing EMIs and a CIBIL score above 750, most banks approve approximately Rs.8-12 lakh over 5 years. Your maximum eligible EMI is capped at 50% of salary - Rs.15,000 per month. Existing EMIs reduce this limit directly. Use the calculator for your exact figures.

What CIBIL score is needed for a personal loan?

Banks (HDFC, ICICI, SBI) require a minimum CIBIL score of 700-725. NBFCs like Bajaj Finserv and Tata Capital accept scores from 650. Fintech apps like KreditBee and Fibe approve from 550-600 but at rates of 20-36% per year. A score of 750 or above gets the best rates and widest lender choice.

Does checking eligibility here affect my CIBIL score?

No. This calculator runs entirely in your browser. No credit inquiry is made and your CIBIL score is completely unaffected. Only a hard inquiry - when you actually apply to a lender - can affect your score.

What counts as an existing EMI?

Include every fixed monthly repayment: home loan EMI, car loan EMI, other personal loan EMIs, and your credit card minimum due. Do not include rent, utilities, or SIPs - lenders do not count these as EMI obligations.

Why does the calculator show two loan amounts?

The safe amount is based on 30% of salary going to loan repayment - comfortable and sustainable. The maximum amount is based on 50% - what banks may approve but which leaves little financial buffer. Choosing somewhere between the two is usually the right approach.

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Personal Loan Eligibility Calculator

Enter your salary, existing EMIs, and CIBIL score. See how much you can borrow and which lenders will approve you - instantly, with no credit inquiry.

No credit inquiry CIBIL score unaffected 11 lenders compared

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Personal Loan Eligibility Checker

Enter 4 details - see how much you can borrow, which lenders will say yes, and what it will actually cost you.

Monthly Take-Home Salary

₹50,000

₹10K₹3L

Total monthly EMIs you currently pay

₹5,000

Add up all loan EMIs + minimum due on credit cards

₹0 (none)₹1.5L

Your Credit Score (CIBIL)

Not sure of your score? Check it free on CIBIL.com or through Paytm/PhonePe.

Employment Type

Disclaimer

This tool provides estimates for educational purposes only and does not constitute financial advice, a loan offer, or a guarantee of approval. Actual loan eligibility, interest rates, and terms depend on the lender's internal credit assessment, your complete financial profile, employer category, and prevailing market conditions. Interest rates and lender data are indicative as of April 2026 and may change without notice. KharchaUdhar is not a lender, NBFC, or DSA - we are an independent educational platform. Always ask your lender for the Key Fact Statement (a document that shows your total repayment cost) before accepting any loan offer.

Insider Tip - Enter your net salary - not gross or CTC. Banks verify against your last 3 salary slips and bank statement. Also: multiple applications in a short period each trigger a hard inquiry and chip away at your CIBIL score. Use this calculator to identify the 1-2 lenders most likely to approve you, then apply to those - not five at once. Use the EMI Calculator once you have your approved limit to plan the right tenure.

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