Home Loan Eligibility by Salary: How Much Loan on ₹30,000, ₹50,000 or ₹1 Lakh?
Rahul, a software tester in Pune, earns ₹50,000 a month in hand and has been eyeing a 2BHK in Wakad that costs about ₹55 lakh. A friend told him “banks give 60 times your salary”. Another said “you’ll barely get ₹25 lakh”. Both were sort of guessing. Your home loan eligibility isn’t a fixed multiple…