Key in your net monthly income, liabilities, and age and check your personal loan eligibility. Your income and liabilities together determine your repayment capacity. If your existing liabilities are moderate you may be eligible for a higher loan amount. Conversely, if your existing liabilities are higher, then your loan eligibility could be lower.
Home loan eligibility is defined as a set of criteria basis which a financial institution assesses the creditworthiness of a customer to avail and repay a particular loan amount. Home loan eligibility depends on criteria such as age, financial position, credit history, credit score, other financial obligations etc.
Document verification is done by banks to ensure that the customers are meeting the required business loan eligibility criteria defined by the respective bank. The following documents are required to verify business loan eligibility criteria: Business Annual Turnover: Min. Rs. 10 lakh for existing businesses Any other document required by the bank or NBFC