Loans
Estimate an indicative borrowing amount from your net monthly income, existing EMIs, interest rate and preferred tenure.
Maximum Loan Amount
Estimated Monthly EMI
₹
Planning estimate using a 50% income-to-EMI capacity assumption. It is not a lender approval.
Rushiram first treats 50% of the net monthly income entered as the maximum total EMI capacity, then subtracts existing monthly EMIs. It converts the remaining capacity into an indicative loan amount using the selected annual rate and tenure.
Step 1
Maximum total EMI capacity = 50% of net monthly income.
Step 2
Existing monthly EMIs are deducted from that capacity.
Step 3
The remaining EMI is converted to principal using the chosen rate and tenure.
Banks and finance companies use their own repayment-capacity policies. They may also consider credit score and history, age, employment or business stability, income type, property or asset details, down payment and product-specific limits.
Use this result to frame a budget, then check the lender's eligibility criteria and complete cost of borrowing.
No. It is a planning estimate, not a pre-approved offer or sanction. The lender decides eligibility after its own checks.
They already use part of your monthly repayment capacity, leaving less room for a new EMI.
Usually, because the same EMI can support more principal over more months. However, a longer tenure can also increase total interest.
Calculate repayment, test a future prepayment, or estimate a sensible car budget.
The estimate excludes lender fees, insurance, taxes and future rate changes.