Can I use a personal loan eligibility calculator for different types of personal loans?

Yes, you can use the same personal loan eligibility calculator for different types of personal loans in the following ways:

• Input Parameters: The calculator requires basic information such as your monthly income, existing debts, age, and desired loan tenure. These parameters are relevant across various loan types.
• Assessment of Eligibility: The calculator evaluates your inputs against general eligibility criteria that apply to multiple loan types. While specific loans may have unique requirements, the fundamental factors (like income and existing liabilities) remain consistent.
• Calculation of Estimated Loan Amount: Based on the information provided, the calculator estimates the maximum loan amount you might qualify for. This estimate can be applied to various personal loan types, allowing you to understand your borrowing capacity regardless of the specific loan purpose.

Note: This is just a preliminary assessment. For a more specific analysis and to understand the exact terms and conditions, it’s advisable to contact the lender directly.