Calculate your FOIR (Fixed Obligation to Income Ratio) — the Indian equivalent of DTI — to check your loan eligibility.
| Total Monthly Obligations | — |
| Remaining Income | — |
| Illustrative Band | — |
| Max New EMI (at 40% FOIR) | — |
Indian banks consider FOIR (Fixed Obligation to Income Ratio) — the share of monthly income going to existing EMIs — when assessing loan applications. The acceptable level varies by bank, product and borrower profile, and banks also look at credit score, employer and other factors. The bands shown by this calculator and its 40% max-EMI figure are illustrative thresholds, not any bank's actual eligibility rule.
Q: What is a good FOIR for getting a loan in India?
A: There is no single rule - each bank sets its own acceptable FOIR by product and borrower profile. A lower ratio generally leaves more room for a new EMI, and repaying existing loans before applying lowers your FOIR. The bands on this page are illustrative, not an approval criterion.
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