If your salary is Rs 50000, then here you will know how much personal loan can you get?

If your CIBIL score is more than 750 then you will get loan easily on salary of Rs 50000.

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You can get a personal loan of up to Rs 5 lakh on a salary of 50000.

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Personal loan up to 10 times the monthly income can be given by the bank.

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How much personal loan will be available also depends on many factors like your credit score, monthly income, repayment capacity, type of employment, place of residence.

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Monthly EMI should not exceed 40% - 50% of your monthly income.

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Your age should be minimum 21 years and maximum 60 years.

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For income proof, latest salary slip for 3 months and bank statement of salary account of last 6 months has to be given.

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CLICK HERE

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