FOIR Calculator: Full Form, Formula & Personal Loan Eligibility
You've got a great CIBIL score and steady income — but your personal-loan application still comes back with a lower amount than you asked for. The reason is almost always FOIR. Use the calculator below to see your own FOIR, the cap lenders apply to your income band, and the largest loan that cap actually supports.
FOIR Calculator
Live estimateEnter your monthly net income, your existing fixed obligations and the EMI you want to take on. We show your FOIR, the lender cap for your income band, and the maximum loan that cap supports.
Next step: check your real eligibility
Your FOIR supports roughly ₹1,64,000 over 18 months. Run a 60-second soft check to see the amount, rate and tenure you actually qualify for.
Indicative only. Caps and pricing vary by lender. Our eligibility check has no impact on your CIBIL score.
FOIR full form and what it means
The full form of FOIR is Fixed Obligation to Income Ratio. Some lenders call it the debt-to-income ratio or obligation ratio — the maths is identical. It is the share of your monthly net income that already goes toward fixed obligations: existing loan EMIs, credit-card minimum dues, insurance premiums, and rent (counted by some lenders, ignored by others). Lenders cap the total FOIR — including the new EMI you are applying for — at roughly 50%–65%, depending on your income band.
FOIR formula
FOIR = (total monthly fixed obligations ÷ monthly net income) × 100. When a lender assesses a new loan, it uses the post-loan version: FOIR = ((existing obligations + proposed EMI) ÷ monthly net income) × 100.
FOIR calculation example
- Monthly income: ₹60,000 (net take-home).
- Home-loan EMI: ₹15,000.
- Car-loan EMI: ₹8,000.
- Credit-card minimum dues: ₹2,000.
- Total obligations: ₹25,000 → FOIR = 25,000 ÷ 60,000 = 41.7%.
If the lender's cap is 55%, you have room for a new EMI of up to (55% × 60,000) − 25,000 = ₹8,000 per month. On an 18-month personal loan at 2% per month, that supports a loan of roughly ₹1,20,000 — regardless of how much you asked for. Add that ₹8,000 EMI and your post-loan FOIR becomes (25,000 + 8,000) ÷ 60,000 = 55%: exactly at the cap.
How to use this FOIR calculator
- Monthly net income — take-home after tax and PF, not CTC. Lenders work off bank credits.
- Existing obligations — add up every running EMI plus credit-card minimum dues. Include rent if you want the conservative view.
- Proposed new EMI — the EMI you would like to take on. Leave it at 0 to see your headroom first.
- Tenure — a longer tenure lowers the EMI for the same loan amount, so it raises the loan size your headroom supports.
Typical FOIR caps by income band
| Net monthly income | Typical FOIR cap | Obligation room at that cap | What it usually means |
|---|---|---|---|
| Under ₹25,000 | 40% – 45% | ₹10,000 – ₹11,250 | Small-ticket loans only; existing EMIs bite hard |
| ₹25,000 – ₹50,000 | 50% – 55% | ₹12,500 – ₹27,500 | Standard salaried band; most personal loans fit here |
| ₹50,000 – ₹1,00,000 | 55% – 60% | ₹27,500 – ₹60,000 | Room for a home loan plus a personal loan |
| Above ₹1,00,000 | Up to 65% | ₹65,000+ | Highest caps; multiple obligations tolerated |
Indicative caps across Indian lenders. Individual policies vary by lender, credit score and employment profile.
Higher incomes get higher caps because the absolute rupees left over for living expenses are larger. The calculator applies these bands automatically.
How lender FOIR caps compare
| Lender type | Usual FOIR ceiling | Flexibility |
|---|---|---|
| Public-sector banks | 40% – 50% | Low — policy-driven, little case-by-case room |
| Private banks | 50% – 55% | Moderate — salary-account customers get more room |
| NBFCs | 55% – 65% | High — priced for risk, higher APR at higher FOIR |
| Digital lenders / LSP–NBFC (incl. Privena) | 50% – 60% | High — cash-flow based, reads real bank statement data |
Indicative market ranges, not offers. Actual limits depend on each lender's credit policy.
What is a good FOIR?
Below 40% is comfortable and leaves room to borrow. 40%–50% is normal for salaried borrowers with a home loan. Above 55%–60% is where lenders start trimming the sanctioned amount or asking for a co-applicant, and above 65% most unsecured personal-loan applications are declined outright.
How to improve your FOIR before applying
- Close a small existing loan first — even a ₹3,000/month EMI closure frees room for a bigger new loan.
- Pay down credit-card balances so the reported minimum-due drops.
- Wait for a salary hike to reset the ratio; a 10% raise directly widens your borrowing capacity.
- Ask for a longer tenure on the new loan — a longer tenure means a smaller EMI and a smaller FOIR impact.
- Add a co-applicant (usually a spouse) with independent income; the combined income raises the ceiling.
How Privena calculates FOIR
Our AI decisioning engine reads your bank statement and identifies recurring EMIs, credit-card debits, insurance premiums and rent outflows automatically. You don't have to fill in a form — the engine calculates FOIR from real cash flow. This is why applicants sometimes get a higher approved amount than they expected: our model spots repaid loans and closed obligations that older bureau data hasn't caught up with.
Ready to see your maximum eligible loan?
The calculator above is indicative. Run the soft eligibility check to see the exact amount and tenure you qualify for — no sign-up, and no impact on your CIBIL score.
Frequently asked questions
- What is the full form of FOIR?
- FOIR stands for Fixed Obligation to Income Ratio — the share of your monthly net income that goes toward fixed obligations such as EMIs, credit-card minimum dues, insurance premiums and rent.
- How is FOIR calculated?
- FOIR = (total monthly fixed obligations ÷ monthly net income) × 100. For a new loan, lenders use the post-loan version: ((existing obligations + proposed EMI) ÷ monthly net income) × 100.
- What is a good FOIR for a personal loan?
- Below 40% is comfortable, 40%–50% is normal for salaried borrowers with a home loan, and above 55%–60% lenders start trimming the sanctioned amount. Above 65%, most unsecured personal-loan applications are declined.
- How does FOIR affect my loan eligibility amount?
- Your EMI headroom is (cap × income) − existing obligations. Whatever loan that EMI supports at the offered rate and tenure is the maximum you can be sanctioned, regardless of how much you request.
- Is FOIR the same as the debt-to-income ratio?
- Yes — many Indian lenders use FOIR, obligation ratio and debt-to-income ratio interchangeably. The formula is identical; only the treatment of rent varies between lenders.
Related guides
- Personal Loan Without CIBIL Score: Options in India (2026)7 min read
- Personal Loan for Self-Employed in India: 2026 Guide8 min read
- ₹50,000 Personal Loan Online: EMI, Interest Rate & Eligibility (2026)6 min read
Or jump straight to the EMI calculator, rate comparison or eligibility check.
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