Asked By: Cameron Bailey Date: created: Mar 18 2022
How much personal loan can I get if my salary is 25000
Answered By: Abraham Smith Date: created: Mar 20 2022
Most lenders determine the maximum loan amount up to 10 times of your monthly salary.
If you earn Rs.
25,000 per month, you may become eligible for up to Rs.
2.5 Lakhs..
Asked By: Cole Martinez Date: created: May 15 2022
Can I get a loan for 25000
Answered By: Keith Thompson Date: created: May 16 2022
You can get a $25,000 personal loan using an online lender, bank, or credit union. If you value face to face interaction, you should use a bank or credit union. In most cases, the application, approval, and funding process takes longer with a bank or credit union.
Asked By: Hunter Henderson Date: created: Jul 18 2022
How much loan can I get if my salary is 24000
Answered By: Alfred Carter Date: created: Jul 20 2022
Based on the information provided by the applicant, bank will calculate his eligibility using eligibility calculator. With a salary of ₹ 24,000, the maximum amount for which he is eligible is ₹ 5.89 Lakh. The interest he has to pay for this amount for 72 months is 9.60%.
Asked By: Sean Rogers Date: created: Dec 06 2022
How much home loan can I get on 15000 salary
Answered By: John Ross Date: created: Dec 08 2022
Salary of 15000, Am I eligible for Loan? Check here onlineProductSalaryMax. loan amountPersonal Loan15000140000Home Loan15000850000Car Loan15000310000Credit Card15000
Asked By: Jordan Perez Date: created: Jun 23 2022
How much loan can I get on 27000 salary
Answered By: Alejandro Martin Date: created: Jun 25 2022
With a salary of ₹ 27,000, the maximum amount for which he is eligible is ₹ 5.93 Lakh. The interest he has to pay for this amount for 60 months is 12.99%.
Asked By: Jeffery Hernandez Date: created: Feb 25 2022
What is the EMI for 10 lakhs home loan
Answered By: Jesse Morris Date: created: Feb 28 2022
EMI Calculation for a Home Loan of Rs. 10 Lakh with Different TenorsLoan AmountEMI when Tenor is 10 YearsEMI when Tenor is 15 YearsRs. 10,00,00013,21510,746
Asked By: Donald Flores Date: created: Jan 21 2022
Which type of loan is cheapest
Answered By: Xavier Anderson Date: created: Jan 21 2022
To know which type of loan is cheapest in India, we are showing some of the top secured loans so that you can make the decision….Car Loan Interest Rates of Top Lenders.Car Loan LenderInterest Rate (in per annum)ICICI Bank9.30% – 12.85%HDFC Bank7.70% – 13.55%Bank of India7.35% – 7.95%IDBI Bank8.10% – 8.70%6 more rows
Asked By: Graham Hill Date: created: Feb 04 2022
How is loan amount calculated
Answered By: Dennis Taylor Date: created: Feb 04 2022
The mathematical formula for calculating EMIs is: EMI = [P x R x (1+R)^N]/[(1+R)^N-1], where P stands for the loan amount or principal, R is the interest rate per month [if the interest rate per annum is 11%, then the rate of interest will be 11/(12 x 100)], and N is the number of monthly instalments.
Asked By: Graham Moore Date: created: Aug 25 2022
What is the EMI for 20 lakhs personal loan
Answered By: Jeffery Ross Date: created: Aug 26 2022
Formula of Calculation of EMILoan amountInterest RateEMI per month5 Lakh8.35%Rs. 6,15910 Lakh8.50%Rs. 9,84715 Lakh8.60%Rs. 13,11220 Lakh8.70%Rs. 17,610
Asked By: Alexander Evans Date: created: Aug 26 2022
Which type of loan is best
Answered By: William Lee Date: created: Aug 26 2022
Unsecured personal loans. Personal loans are used for a variety of reasons, from paying for wedding expenses to consolidating debt. … Secured personal loans. … Payday loans. … Title loans. … Pawn shop loans. … Payday alternative loans. … Home equity loans. … Credit card cash advances.More items…•Jan 11, 2021
Asked By: Keith Gray Date: created: Jul 14 2022
Which bank gives loan easily
Answered By: Alan Lee Date: created: Jul 14 2022
Comparison of Best Personal Loan Providers in IndiaName of the LenderLoan AmountInterest Rate (p.a.)State Bank of India (SBI)Up to Rs. 20 lakh.9.60% onwardsHDFC BankUp to Rs. 40 lakh.10.75% onwardsICICI BankUp to Rs. 20 lakh.11.25% onwardsAxis BankUp to Rs. 15 lakh.12% onwards4 more rows•Nov 19, 2020
Asked By: Mason Simmons Date: created: Mar 04 2022
What is the cheapest way to borrow money
Answered By: Graham Morris Date: created: Mar 05 2022
Depending on your needs the cheapest way to borrow money will most likely be a personal loan or a credit card. These aren’t the only ways of getting hold of money, however. You can also use a bank current account overdraft or borrow against the value of your house.
Asked By: Howard Wood Date: created: Mar 18 2022
How much loan can I get on 30000 salary
Answered By: David Perez Date: created: Mar 18 2022
5,40,000. On the other hand, if you are wondering – how much personal loan can I get on a 40,000 salary, the loan sanction amount will be close to Rs….Multiplier Method.SalaryExpected Personal Loan AmountRs. 20,000Rs. 5.40 lakhsRs. 30,000Rs. 8.10 lakhsRs. 40,000Rs. 10.80 lakhsRs. 50,000Rs. 13.50 lakhs1 more row•Apr 8, 2020
Asked By: Gavin Martinez Date: created: Jan 02 2023
What is the EMI for 20 lakhs home loan
Answered By: Fred Lee Date: created: Jan 04 2023
EMIs on a 20 lakh home loan for 30 yearsLoan AmountInterest rateEMIRs.20 lakh10%Rs.17,551
Asked By: Kevin Thomas Date: created: Dec 25 2022
How can I get a 30000 loan
Answered By: Adam Hayes Date: created: Dec 26 2022
Documents Required for ₹ 30,000 Personal LoanPan Card.KYC (Identity and Address proof)Salary slips.Income Proof – Latest 3 months salary slips, Receipts, Form 16 etc (for self-employed professionals)Bank Statements – 6 months bank statements.House ownership proof (if any)More items…
Asked By: Jake Jackson Date: created: Dec 01 2022
What is EMI full form
Answered By: Jason Diaz Date: created: Dec 01 2022
An equated monthly installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments are applied to both interest and principal each month so that over a specified number of years, the loan is paid off in full.
Asked By: Oswald Murphy Date: created: Dec 22 2022
What is the EMI for 50 lakhs home loan
Answered By: Hugh Thomas Date: created: Dec 24 2022
Details of a 50 Lakh Home Loan EMI Plan For instance, the EMI for 50 lakhs home loan for 20 years at an interest rate of 10% is just Rs. 48,251.
Asked By: Benjamin Johnson Date: created: Apr 08 2023
Can I get 1 crore home loan
Answered By: David Robinson Date: created: Apr 11 2023
Rs 1 crore home loan EMI for 15 years at interest rate of 8.5% has a monthly EMI of Rs 98,474. This means that the total interest paid is Rs 77 lac during the full loan tenure without any prepayments. Rs 1 crore home loan EMI for 10 years at interest rate of 8.5% has a monthly EMI of Rs 1.23 lakh.
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