How much personal loan can I get on 80000 salary is assessed using two common lender approaches: the Multiplier Method and the EMI-to-Income Ratio (FOIR) method. Using a conservative multiplier of 15×, a Rs. 80,000 salary could qualify you for a personal loan of around Rs. 12 lakh. In cases where your credit profile is excellent, lenders may go up to 24×, potentially granting Rs. 19.2 lakh, though such high multiples often require minimal existing liabilities.
How Much Personal Loan on 80000 Salary?
Now that you are aware of the multiplier method, let me highlight the FOIR method:
The FOIR method considers your existing EMIs and ensures that your total EMI burden does not exceed 40 to 60% of your net income. For a Rs. 80,000 salary, this translates to a maximum EMI of Rs. 32,000 to Rs. 48,000 per month.
If you have no current EMIs, this EMI ceiling, combined with average interest rates and a 5 year tenure, could support a loan of roughly Rs. 14 to Rs. 18 lakh.
Bringing both methods together, most salaried individuals earning Rs. 80,000 per month and with clean credit and little to no existing debt can expect personal loan offers in the range of Rs. 12 to Rs. 15 lakh, potentially rising to Rs. 18 to Rs. 20 lakh under optimal conditions (e.g., excellent credit score, stable employment, longer tenure).
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How Much Personal Loan Can I Get on 80000 Salary?
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2025-07-25T14:35:11+00:00 2025-07-25T14:35:13+00:00Comment
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