Sigma Tech India · Banking

Loan eligibility, computed to FOIR.

Income, existing obligations, FOIR cap, rate, and tenure → maximum eligible EMI and loan amount. The branch officer's first-pass affordability check.

01 Income & Obligations

Monthly figures, net of statutory deductions.

Net Monthly Incomein-hand
₹
Existing Monthly EMIsall running loans
₹
Other Monthly Obligationsrent, school fees, etc · optional
₹
FOIR Capincome share allowed for EMIs
Ratep.a.
%
Tenureyears
yr
Applicant Nameprints on PDF · optional

02 Eligibility

Maximum affordable EMI and the loan it backs.

Max Eligible Loan
₹0
—
Max EMI Affordable
₹0
— % of income
FOIR Headroom
₹0
After existing EMIs

Income breakdown

ParticularsAmount% of Income
Net Monthly Income—100 %
Existing Monthly EMIs——
Other Obligations——
FOIR Cap (Total EMI Allowed)——
Available for New EMI——
FOIR varies by bank and product (40–65%). Verify with the lender before drawing the application. — sigmatechind.com
Σ

Sigma Tech India

Banking Toolkit · Loan Eligibility
Engineered in India · sigmatechind.com
Report Date—
ReferenceFOIR-—
Page1 of 1
Loan Eligibility · FOIR Method

Loan Eligibility Statement

Prepared for valued applicant.

Max Eligible Loan
₹0
Max EMI Affordable
₹0
FOIR Applied
0 %

Computation

Method. FOIR (Fixed Obligations to Income Ratio) caps the total monthly EMI obligation as a percentage of the applicant's net monthly income. Maximum new EMI = (Income × FOIR%) − Existing EMIs − Other Obligations. Maximum loan = present value of that EMI at the stated rate and tenure. Indicative only — final eligibility is subject to the lender's credit policy and CIBIL evaluation.
@ Powered by Sigmatechind.com | All Rights Reserved