What’s the Maximum Personal Loan You Can Get on ₹25,000 Salary?
Lakhvinder Singh-1 
Personal loans are a go-to financial solution when you need quick funds without pledging any collateral. Whether it’s for medical emergencies, education, travel, or debt consolidation, these loans offer flexibility and fast disbursal. But one common question that many individuals ask is: “How much personal loan can I get if my salary is ₹25,000 per month?”
If you’re looking for a personal loan for 25,000 salary, this article will help you understand your eligibility, factors that affect the loan amount, and how much you can expect to borrow.
How Personal Loan Eligibility Is Calculated
Lenders assess several factors before approving a personal loan. The most critical among them is your monthly income, which directly impacts your repayment capacity. Other key parameters include:
- Credit score
- Existing EMIs or financial obligations
- Employment type (salaried or self-employed)
- Job stability
- Age and location
For someone earning ₹25,000 per month, lenders typically expect the total EMIs (including the new loan) to not exceed 40-50% of the net monthly income. This means your EMI should ideally stay within ₹10,000 to ₹12,500 per month.
Maximum Personal Loan You Can Get on ₹25,000 Salary
There’s no fixed amount, as each lender has its own policy. However, here’s a general estimation:
|
Monthly Salary |
Eligible EMI (Approx.) |
Loan Amount (5-Year Tenure @ 12% Interest) |
|
₹25,000 |
₹10,000 |
₹4 to ₹5 lakhs |
So, the maximum personal loan for ₹25,000 salary is usually between ₹2.5 lakhs to ₹5 lakhs, depending on your credit score, existing liabilities, and the lender’s criteria.
Example Calculation
Let’s assume:
- Salary: ₹25,000/month
- Maximum EMI affordability: ₹10,000/month
- Loan tenure: 5 years (60 months)
- Interest rate: 12% per annum
Using a personal loan EMI calculator, a ₹10,000 EMI would support a loan amount of approximately ₹4.5 lakhs over 5 years. If your credit score is excellent and you have no existing loans, you could qualify for this amount or even slightly higher.
Key Factors That Affect Loan Eligibility
- Credit Score:
A credit score above 750 increases your chances of approval and better interest rates. - Existing Loans or EMIs:
If you’re already paying other EMIs (like for a bike, phone, or home loan), your eligibility decreases. - Job Stability:
Lenders prefer applicants with at least 6–12 months in their current job, especially if the income is modest. - Lender Policies:
Different banks and NBFCs have varying risk profiles. Some fintech lenders may offer higher loan amounts even for lower income, based on alternative credit data.
Tips to Improve Loan Eligibility on ₹25,000 Salary
- Maintain a good credit score by paying credit card bills and EMIs on time.
- Avoid applying for multiple loans at once, which can hurt your credit profile.
- Choose a longer tenure to reduce the monthly EMI burden.
- Apply with a co-applicant (like a spouse or parent) to boost eligibility.
- Opt for lenders specializing in low-income personal loans, such as certain NBFCs or fintech platforms.
Final Thoughts
Getting a personal loan for ₹25,000 salary is possible, but the approved loan amount will depend on several factors beyond just your income. Typically, you can expect a loan in the range of ₹2.5 to ₹5 lakhs, provided your credit profile is strong and you don’t have significant existing debts.
Before applying, compare offers from multiple lenders, calculate EMIs, and check your credit score. This will help you make an informed decision and ensure that your personal loan is manageable and beneficial.
