Planning to buy a car, renovate your home, pay medical bills, or manage an unexpected expense? A personal loan can help you meet these needs without waiting to save the entire amount. But before applying, you may wonder how much of a loan you can get based on your salary. The answer depends on more than your monthly income. Banks and financial institutions also check your existing EMIs, credit score, job stability, age, and ability to repay the loan. For example, two people who earn ₹50,000 per month may qualify for different loan amounts. One person may have no existing…