Ever wondered how banks decide your loan amount? 

📊 Banks use your income-to-obligation ratio (FOIR) to decide how much EMI you can handle.

💡 Usually, your total EMIs should not exceed 40–50% of your monthly income.

📉 Existing loans reduce your eligibility, even if your CIBIL score is high.

🏢 Your job type matters salaried employees are considered lower risk than unstable income sources.

📈 Higher income doesn’t always mean higher loan expenses and liabilities are also checked.

🔍 Banks may estimate your expenses even if you don’t declare them.

⚠️ Frequent job changes can reduce trust in your repayment ability.

📊 Some lenders use internal scoring models beyond CIBIL.

🎉 Ready to Test Your Knowledge?

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