# How much personal loan can I get on a ₹30,000 salary?

**Short answer:** On a ₹30,000 net monthly salary in India, most banks and NBFCs approve a personal loan of roughly **₹3 lakh to ₹6 lakh** — if your credit is clean and you have few existing EMIs. The amount is not a fixed multiple of your pay; it is calculated from how much EMI your income can safely absorb.

## What decides the amount: FOIR

Lenders use **FOIR (Fixed Obligation to Income Ratio)** — India's version of the debt-to-income ratio. They cap your _total_ EMIs, including the new loan, at about **40–55% of net income**.

On ₹30,000 at a 50% cap, your EMI capacity is about **₹15,000/month**. The loan is back-calculated from that EMI, the interest rate, and the tenure.

## Indicative eligibility by salary

Assumes a clean profile, no existing EMIs, 50% FOIR, 4-year tenure at ~14% p.a. Ballpark, not a guarantee.

| Net monthly salary | EMI capacity (~50%) | Indicative loan |
| --- | --- | --- |
| ₹20,000 | ₹10,000 | ~₹3.6 lakh |
| ₹30,000 | ₹15,000 | ~₹5.5 lakh |
| ₹40,000 | ₹20,000 | ~₹7.3 lakh |
| ₹50,000 | ₹25,000 | ~₹9.1 lakh |

## Existing EMIs shrink the limit

Every EMI you already pay is subtracted from your FOIR room first. For a ₹30,000 salary:

| Existing EMIs | Remaining capacity | Indicative loan |
| --- | --- | --- |
| ₹0 | ₹15,000 | ~₹5.5 lakh |
| ₹3,000 | ₹12,000 | ~₹4.4 lakh |
| ₹6,000 | ₹9,000 | ~₹3.3 lakh |
| ₹10,000 | ₹5,000 | ~₹1.8 lakh |

## Common questions

**Is eligibility a fixed multiple of salary?**
No. It is driven by EMI capacity under the FOIR cap. As a rough guide it often lands at about 10–20× net monthly salary for a clean profile, but the FOIR math decides it.

**Can I get a loan on ₹30,000 with existing EMIs?**
Yes, for a smaller amount — your current EMIs cut your FOIR room before the new loan is sized.

**What CIBIL score do I need?**
Most lenders prefer 750+ for the best terms; approvals are possible from around 700, usually at a higher rate or lower amount. TransUnion CIBIL is India's most-used credit bureau.

**Does a longer tenure raise my eligible amount?**
Yes — a longer tenure lowers the monthly EMI, so the same income supports a larger loan, but you pay more total interest.

## How to borrow more

Clear small existing EMIs, keep your CIBIL score above 750, choose a comfortable tenure, or add an earning co-applicant. Check your eligibility on a personal loan app like **True Balance** _before_ applying, so a rejection does not dent your credit report — applying to many lenders at once triggers multiple hard enquiries and can lower your score.

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_Figures are illustrative, based on typical lender FOIR norms in India as of 2026. Personal loan interest rates generally range from about 11% to 24% per year depending on your profile and lender. Confirm the exact eligibility, rate, and charges with the lender before borrowing._

**Full breakdown — salary bands, tenure-wise EMI tables, and all the factors lenders check:**
👉 [https://paisasamjho.inblog.io/personal-loan-on-30000-salary](https://paisasamjho.inblog.io/personal-loan-on-30000-salary)

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