Listed here is exactly just how banking institutions calculate mortgage loan eligibility

Listed here is exactly just how banking institutions calculate mortgage loan eligibility

This informative article is aimed at clearing doubts over what sort of bank determines your income that is net while the eligibility for total mortgage loan quantity. Typically, all banking institutions offer mortgages as much as 60 times your month-to-month net gain.

  • You’ve got a month-to-month in-hand (get hold of) wage as Rs 50,000 and you’re searching for a mortgage of approximately Rs 30 lakh. (more…)