Loan Eligibility Calculator (3-Year ITR-Based)
Maximum Loan Amount: ₹ 0.00
1. What is a Loan Eligibility Calculator based on last 3 years’ ITR
This calculator helps you estimate how much loan you can get based on your average annual income as shown in the last 3 years’ Income Tax Returns (ITR).
2. Who should use this calculator
It is ideal for self-employed individuals, professionals, freelancers, and business owners who file ITR and do not have fixed monthly salaries.
3. How does the calculator work
The tool takes your net income from the past three ITR filings, calculates an average, and estimates your eligible loan amount based on standard bank formulas.
4. What information do I need to use it
You need the net income (after deductions) declared in your ITRs for the last 3 financial years, the loan tenure, expected interest rate, and current EMIs (if any).
5. What’s the benefit of using 3 years’ ITR instead of 2
Using 3 years provides a more stable income average, which may increase your loan eligibility and improve your chances of approval with banks.
6. Can I calculate eligibility for any type of loan
Yes, the calculator can be used to estimate eligibility for personal loans, business loans, home loans, and vehicle loans—based on declared ITR income.
7. Is this calculator result final for loan approval
No. This is only an estimate. Final eligibility is decided by the bank or NBFC after verifying your documents, credit score, bank statements, and business profile.
8. Is this calculator free and private
Yes. This Loan Eligibility Calculator is 100% free to use. No login, no personal data is required. You can use it multiple times to plan your loan application.