New Delhi, Feb. 20 -- When applying for a personal loan, it is important to understand the criteria that lenders use to determine your eligibility for the loan. Use the personal loan eligibility calculator to estimate the maximum loan amount you may qualify for, considering factors like income and repayment capacity.

Various factors come into play when determining personal loan eligibility, including income, employer, credit history, existing financial obligations, age, and more. These factors help lenders assess your ability to repay the loan and decide on the loan amount that they can offer you.Also Read: Importance of using an EMI calculator while getting a personal loan

The eligibility criteria for a personal loan can vary from lend...