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Written by the Omozing Credit Team · Figures calculated with the standard reducing-balance EMI formula · Updated October 2026
Lenders size a loan from FOIR, the share of take-home that all EMIs together may use, often around 40%–50%. On ₹5 lakh that leaves ₹2,00,000–₹2,50,000 a month of EMI room before existing loans. How FOIR works.
Bars are to scale. Illustrative only; the rate is an example, not an offer. Our maximum is ₹25 lakh; higher limits may be available from other lenders or secured loans.
| FOIR limit · existing EMIs | EMI room | 11%, 24 months | 11%, 36 months | 14%, 24 months | 14%, 36 months |
|---|---|---|---|---|---|
| 40% · ₹0 | ₹2,00,000 | ₹42,91,000→₹25L | ₹61,08,000→₹25L | ₹41,65,000→₹25L | ₹58,51,000→₹25L |
| 40% · ₹50,000 | ₹1,50,000 | ₹32,18,000→₹25L | ₹45,81,000→₹25L | ₹31,24,000→₹25L | ₹43,88,000→₹25L |
| 40% · ₹1,00,000 | ₹1,00,000 | ₹21,45,000 | ₹30,54,000→₹25L | ₹20,82,000 | ₹29,25,000→₹25L |
| 50% · ₹0 | ₹2,50,000 | ₹53,63,000→₹25L | ₹76,36,000→₹25L | ₹52,06,000→₹25L | ₹73,14,000→₹25L |
| 50% · ₹50,000 | ₹2,00,000 | ₹42,91,000→₹25L | ₹61,08,000→₹25L | ₹41,65,000→₹25L | ₹58,51,000→₹25L |
| 50% · ₹1,00,000 | ₹1,50,000 | ₹32,18,000→₹25L | ₹45,81,000→₹25L | ₹31,24,000→₹25L | ₹43,88,000→₹25L |
Illustrative only, rounded down to the nearest ₹1,000. Existing EMI scenarios are 0%, 10% and 20% of take-home. “→₹25L” marks where the formula passes our ₹25 lakh maximum. Rates are examples, not an offer; Omozing’s rates start from 11% a year, and the best rates are typically for high, stable incomes and strong credit histories.
Even with ₹1 lakh a month of other EMIs, only the 24-month options at a 40% limit stay below the cap. If you need more than ₹25 lakh, the usual routes are your own funds for the balance, or a secured loan elsewhere. See every income band on personal loan by salary.
High earners usually have options. Here is how the three common routes compare in general terms; exact terms vary by lender and product.
| Unsecured personal loan | Sell investments | Loan against securities | |
|---|---|---|---|
| What it costs | Interest plus a one-time fee, both in the Key Fact Statement | No interest, but you give up future growth and may owe capital-gains tax | Interest and charges set by the lender |
| Your investments | Stay invested and untouched | Gone; buying back later may cost more | Stay invested but pledged |
| If markets fall | No effect on the loan | Selling in a dip locks in the fall | Lender may ask for more security or sell pledged holdings |
| Credit report | A new loan; on-time EMIs build history | No effect | A new loan, reported like any other |
To weigh the first two, put a number on borrowing. ₹25 lakh at 11% costs ₹1,51,450 in interest over 12 months (EMI ₹2,20,954, 44.2% of take-home), ₹2,96,470 over 24 months, or ₹4,46,485 over 36. Then ask your adviser what selling would cost in tax and lost growth. If selling is cheaper and the timing is fine, sell. If not, a short loan is often the cleaner choice.
Two practical notes. Omozing’s processing fee is 3%–7% plus GST, deducted at disbursal: on ₹25 lakh a 3% fee is ₹75,000 plus ₹13,500 GST. And personal-loan interest is generally not tax-deductible unless the money is used for specific purposes; speak to a tax adviser.
Two documents, a digital process, 3–36 month tenures, and a credit officer who reviews your profile. Rates start from 11% a year.
The formula supports well over ₹40 lakh with few other EMIs, but our maximum is ₹25 lakh; higher limits may be available from other lenders or secured loans.
At 11% a year the EMI is about ₹2,20,954, or 44.2% of a ₹5 lakh take-home, which fits within common FOIR limits if you have few other EMIs.
Sometimes. Compare the loan’s total interest and fee with the tax and lost growth from selling; a tax adviser can help with the second half.
No. The best rates are typically for high, stable incomes and strong credit histories, but the rate depends on your full assessment and is shown in the Key Fact Statement.
Its EMI counts in the home-loan lender’s FOIR, so a short tenure that ends before you apply keeps your options open.
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