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How much amount of Home Loan will I get?

Q: My Monthly salary in hand is around Rs 25,000. Can u tell me how much amount of Home Loan will I get? Any approximate amount? Thanks.

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Hi Vinay, according to your salary you might get a home loan of around Rs 13 lakh. There are some specific requirements for Home Loan. If you want to know the eligibility of yours, just visit any nearby Bank / Financial Institute to know more. Generally, if you want to calculate your eligibility, you just have to multiple your Gross Salary by 55 times.
Venugopalan


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