Loan amount
How much loan amount am I eligible for?
Posted August 18th, 2008 by adminQuery :- I want Personal loan of amount 5lakh for 5 years. I am working with NTPC Ltd since 25years. I don't have any loan running, my salary is 28000 per month. How much amount I am eligible for?
Answer:-Prima-facie you are eligible for the loan of Rs. 5 lacs. The EMI for a 5 year period at 18% will be Rs. 12,697. You can approach consolidation portals like www.deal4loans.com for your loan requirement. They are in a position to put you in direct contact with multiple banks who will be able to fulfill your requirement in one go.
