As per provided details:
You Could Borrow Upto
- Monthly savings is the difference of monthly income and monthly expenses.
- Income of immediate family members is allowed as source of loan repayment.
- Minimum and maximum loan amount may differ from bank to bank.
- 75% of monthly savings is considered as EMI.
- The calculated amount is a round up value to nearest thousand.
- Based on existing products the maximum years to repay is considered as 25 years.