The exact amount will depend on various factors such as your credit score, expenses, and other debts, this guide will give you an idea of what you can expect.
Check How Much Can You Get On 15,000
With a salary of ₹15000, you may be eligible for a loan of a significant amount, depending on your credit score, employment history, and other factors.
Check Your Eligibility
You can always check the possible amount using a Home Loan Eligibility calculator from the website.
Factors Affecting Loan Eligibility
There are several factors that lenders consider when determining your loan eligibility. These include your income, credit score, employment history, and debt-to-income ratio.
Income
A salary of 15000 may not seem like much, but it can still be enough to get a loan, If you have a steady income and a good credit score.
Credit Score
Credit score is a critical factor in determining loan eligibility. Usually above 700 is a good credit score that shows you a responsible borrower.
Employment History
If you have a stable job and a consistent income, you are more likely to be approved for a loan.
Debt-to-Income Ratio
A high debt-to-income ratio can make it more difficult to get a loan, as lenders may view you as a riskier borrower.