Bank Loan Eligibility Calculator (FOIR / DTI)
100% Local Browser ProcessingFinance Suite1. Income & Active Obligations
2. Bank Interest Rate & Tenure
Auto-calculated FOIR for your income tier is 55%. Type a custom % above to test specific bank rules.
Eligible Loan Repayment Amortization Schedule
Year-by-year repayment schedule showing principal repaid, interest paid, and remaining loan balance
How to Calculate Maximum Bank Loan Eligibility
Calculate your maximum loan sanction capacity using official bank FOIR (Fixed Obligation to Income Ratio) formulas and co-applicant joint income.
Enter Monthly Net Income
Input your monthly take-home salary, current active loan EMIs, and optional Co-Applicant salary to combine joint household purchasing power.
Select Loan Type & Tenure
Choose between Home Loan, Personal Loan, Car Loan, or Custom loan, adjust interest rate % and repayment tenure in years.
View Max Loan Sanction & Export
Instantly see maximum eligible loan amount, maximum monthly EMI, FOIR capacity health status, and download a complete CSV report.
Indian Top Banks FOIR & Home Loan Interest Rate Matrix
Understand how major Indian lenders evaluate FOIR limits, interest rates, and loan tenures for salaried and self-employed applicants.
| Bank / Lender Name | Max FOIR Cap % | Home Loan Interest Rate | Max Tenure | Bank Eligibility Advantage |
|---|---|---|---|---|
| State Bank of India (SBI) | 50% - 65% | 8.40% - 9.15% | Up to 30 Years | Highest FOIR cap for salary > ₹1 Lakh/month; lowest processing fees. |
| HDFC Bank | 50% - 60% | 8.50% - 9.40% | Up to 30 Years | Fast digital sanction, joint co-applicant income pooling supported. |
| ICICI Bank | 50% - 65% | 8.55% - 9.50% | Up to 30 Years | Instant pre-approved limits for existing salary account holders. |
| Axis Bank | 45% - 60% | 8.75% - 9.60% | Up to 30 Years | Flexible EMI options with 12 EMI waiver benefits on long tenures. |
| Bank of Baroda (BOB) | 50% - 60% | 8.40% - 9.30% | Up to 30 Years | Concessional interest rates linked to CIBIL credit score (> 750). |
Why Use Meema Tools Loan Eligibility Calculator?
Designed for 100% financial privacy, exact banking FOIR math, joint applicant income pooling, and instant CSV amortization exports.
Bank FOIR Engine
Uses official Indian banking FOIR tiers (40%-65%) based on net monthly salary brackets.
Joint Loan Booster
Add spouse or parent income to calculate exact additional loan capacity unlocked.
FOIR Health Gauge
Real-time indicator displaying your debt capacity health (Healthy, Moderate, Over-leveraged).
1-Click CSV Amortization Export
Export complete repayment schedule with UTF-8 BOM byte header for clean Excel rendering.
Frequently Asked Questions
About Loan Eligibility & FOIR
Everything you need to know about banking FOIR rules, co-applicant benefits, interest rates, and loan sanction limits.
100% Confidentiality
All salary figures, existing debt details, and loan calculations are processed locally inside your browser. Zero financial data leaves your computer.
FOIR is the percentage of your net monthly income that banks allow for paying all monthly loan EMIs combined. Indian banks typically set FOIR between 40% and 65% depending on your monthly income tier.
Adding a co-applicant (such as a working spouse or parent) combines your monthly incomes. This increases your combined net income, allowing a higher maximum monthly EMI capacity and boosting your total loan sanction limit by 50% to 100%.
Banks subtract all your current active EMIs (credit card dues, personal loans, car loans) from your maximum allowable FOIR monthly EMI limit. Clearing existing smaller loans before applying increases your new loan eligibility significantly.
Home Loans offer lower interest rates (~8.5%) and longer tenures (up to 30 years), resulting in much higher loan eligibility. Personal Loans have higher interest rates (~12.5%) and shorter tenures (up to 5 years), yielding smaller loan sanction limits.
Yes, 100% safe! All financial computations run strictly inside your browser's local memory using client-side JavaScript. Zero salary or debt information is uploaded to external servers.
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