Personal Loan Eligibility Calculator

1. Personal Loan Eligibility Calculator

2. If you are planning for a personal loan, it is essential to check your personal loan eligibility prior to applying for a loan to avoid any kind of last-minute hassle. Suppose you are planning for a personal loan. In that case, your loan eligibility depends on various factors including your age, monthly income, and type of employment..etc. After checking your eligibility, use Financeseva’s personal loan EMI calculator to know your monthly repayment obligations. The general eligibility criteria: Age Limit: Applicant's minimum age should be 21 to a maximum of 65 years.  Type of Employment: Any salaried person, business owner, self-employed professional/non-professional..etc.  Employment Status: Salaried person have at least 3 years of experience and present 1 year with the current organization while a self-employed person should have at least 5 years of experience in the business.  Minimum Monthly Income: At least Rs.25,000 per month.  Credit Score: Minimum score should be 750 or above. 

3. How to use Financeseva’s Personal Loan EMI Calculator? In order to check your personal loan eligibility, you can use Financeseva’s personal loan eligibility calculator. Here are the steps that you will need to follow to check your eligibility through Financeseva.com:  • Visit Financeseva.com  • Click on “Personal Loan”  • Next, Select the type of employment  • Next, you have to enter the name of your company  • Following that, you need to enter your net monthly salary  • On the next page, you will need to enter your current residential pin code  • After that, enter your name, date of birth, mobile number and email address  • After that, enter the four-digit OTP sent on your mobile number.  • Next, enter your current home address  • On doing that, you will be shown all the lenders that offer you loans and the particulars of these loans.