Can I Get 50 Lakhs Loan?

How can I get 3 lakh loan?

3 lakh Personal Loan:Provide your personal, financial, and employment data.Choose the loan amount and repayment tenor to avail quick approval.Provide the required documents to our representative, who will come at your doorstep.Receive your personal loan in your bank account within 24 hours..

Can I get 20 lakhs education loan?

The security pledged against a loan is termed as collateral. … Under the CGFEL scheme you can get a loan up to Rs 10 lakh for study in India and up to Rs 20 lakh for studying abroad. But, if you take a loan of more than Rs 7.5 lakh, the bank may ask for collateral for the loan amount.

How much loan can I get if my salary is 70000?

The loan amount you can avail depends on criteria like your credit score, salary, age, location, current obligations, etc….How much home loan can I get on my salary?Net Monthly incomeHome Loan AmountRs.30,000Rs.22,37,206Rs.40,000Rs.29,82,941Rs.50,000Rs.37,28,676Rs.70,000Rs.52,20,1461 more row

How is loan eligibility calculated for salary?

Your loan eligibility is calculated based on the ratio of your fixed obligations to your monthly income. If your income is less than 30,000, then the maximum obligations cannot exceed 50% of your monthly income. However, for a higher income, the obligations to income ratio can go upto 65%.

How much of a student loan can I get?

The maximum amount you can borrow depends on factors including whether they’re federal or private loans and your year in school. Undergraduates can borrow up to $12,500 annually and $57,500 total in federal student loans. Graduate students can borrow up to $20,500 annually and $138,500 total.

How is education loan EMI calculated?

Follow these steps to calculate your EMI Amount:Use the slider for Selecting the Loan Amount.Select the Loan Tenure in Months using slider.Move the slider and select the Interest Rate.Recalculate your EMI anytime by changing the input sliders.EMI will be calculated instantaneously when you move the sliders.

How can I get a small amount loan?

The following are required to apply for a small amount personal loan:ID proof (PAN card, Aadhaar card, passport, or voter ID)Age proof (Voter ID, Aadhaar card, passport, or driving license)Bank statement for the past six months.Passport-sized photographs.More items…

What is the interest of 10 lakh in SBI?

Balances above Rs 1 lakh and up to Rs 10 lakh will fetch 6 per cent per annum. For savings account balances above Rs 10 lakh, interest rate of 6.75 per cent per annum will be applicable. Therefore, to earn the higher interest rate you will be required to maintain the balance in the savings account.

Can I get 50 lakhs education loan?

Educational loans in India can vary between Rs. 1 lakh to upwards of Rs. 30-50 lakh.

What is the EMI for education loan?

EMI ResultLoan Amount:` 1,00,00,000Rate of Interest:11%Tenure:240 monthsEMI:` 1,03,218

What is the EMI for 15 lakhs home loan?

What is home loan EMI?Loan AmountTenure10 Years15 YearsRs. 30 LakhRs. 35,611Rs. 27,810Rs. 40 LakhRs. 47,481Rs. 37,080Rs. 50 LakhRs. 59,351Rs. 46,3511 more row

How much loan can I get on 35000 salary?

If you are taking a home loan for 35,000 salary, you can get a maximum loan amount of Rs. 20,16,481 at say an 8.5% interest rate for a tenure of 20 years. In this situation, the home loan EMI amount you would pay is not more than Rs. 17,500.

Can I go to jail for not paying a student loan?

No, you cannot go to jail or be arrested for not paying your student loans. Failing to pay a student loan, credit card, or hospital bill are considered “civil debts” and you cannot be arrested for not paying your student loans or civil debts. … Ultimately, failure to repay student loans could result in wage garnishment.

Which bank is best for study loan?

Best Banks for Education Loan in India 2020 (up to 7.50 Lakhs)#1. HDFC Bank Education Loan.#2. Axis Bank Education Loan.#3. Vijaya Bank Education Loan.#4. Union Bank of India Education Loan.#5. State Bank of India Education Loan.#6. Punjab National Bank Education Loan.#7. ICICI Bank Education Loan.#8.More items…

What is the EMI for 50 lakhs home loan?

Housing Loan Interest CalculatorEMI for various home loan amounts15 years30 years₹ 20 Lakh₹ 17,698₹ 12,972₹ 25 Lakh₹ 22,123₹ 16,215₹ 30 Lakh₹ 26,547₹ 19,458₹ 50 Lakh₹ 44,245₹ 32,4301 more row

What is the EMI for 60 lakhs home loan?

60 Lakh at 9% (0.75% per month) rate of interest with tenure of 20 years (240 months). Then, EMI = [60,00,000 x 0.75% x (1+0.75%)^240]/[(1+0.75%)^ (240-1)]….FAQs.LTVProperty value90%Less than Rs. 30 Lakh80%Rs. 30 Lakh to up to Rs. 75 Lakh75%Above Rs. 75 Lakh

How can I get a loan for 50000?

Process to Apply for a Rs 50000 Personal Loan?Check Your Eligibility. Find out the maximum loan amount you’re eligible for online in 2 minutes.Select Your Plan. Choose a custom loan amount and the repayment period that suits your financial needs.Upload Your Documents. … Get the Loan Amount.

How can I get immediate money?

Take out a cash advance. Your credit card may offer the option of a cash advance, which allows you to take out cash (from an ATM) against your card’s credit limit. … Payday loans. … Drive for Lyft or Uber. … Sell things online. … Food delivery. … Set up an Etsy business. … Dog walk or babysit. … Swagbucks.More items…•

Which bank gives instant loan?

Instant Personal Loan Comparison for Top BanksBankLowest Instant Loan RatesHDFC Bank10.50% to 22.00%ICICI Bank10.75% to 22.00%Citibank10.90% to 18.99%Bajaj Finserv12.99% to 15.50%1 more row

What will be the EMI for 20 lakhs home loan?

Check EMI Calculation for 20 Lakh home loan for 5, 10, 15, 20 Years or How much EMI you have to pay for 20 Lakh home loan amount per month?…EMI Calculation for 20 Lakh Home Loan amount for Various Tenure Options:Tenure OptionsEMI Per Month5 YearsRs.4056010 YearsRs.2426015 YearsRs.1912020 YearsRs.167202 more rows

Which bank provide education loan easily?

HDFCThe maximum loan amount by HDFC Bank is up to INR 20 lakhs. The processing fees for education loans is up to 1.5% of the loan amount with no fees levied for prepayment of the loan….HDFC education loan interest rates.Loan amount limitHDFC interest ratesHDFC education loan interest rate (average)11.88%2 more rows