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Written by the Omozing Credit Team · Figures calculated with the standard reducing-balance EMI formula · Updated October 2026
Salaried, credit score from 600. Share your latest salary slip and six months of salary-account statements; a co-applicant is optional.
| Monthly take-home | Indicative maximum | What usually decides your amount | Full grid |
|---|---|---|---|
| ₹1–1.5 lakh | ₹14.62 lakh to ₹21.94 lakh | Existing EMIs and the tenure you choose | ₹1 lakh · ₹1.5 lakh |
| ₹1.5–2 lakh | ₹21.94 lakh up to ₹25 lakh | Existing EMIs; the cap is reached from about ₹1.7 lakh | ₹2 lakh |
| ₹2–3 lakh | ₹25 lakh (our maximum) | The cap; tenure becomes a cost choice | ₹3 lakh |
| ₹3–5 lakh | ₹25 lakh (our maximum) | The cap, and whether to borrow at all | ₹5 lakh |
| ₹5 lakh+ | ₹25 lakh (our maximum) | Your purpose and repayment plan | ₹5 lakh |
Illustrative: 50% FOIR, no existing EMIs, 14% a year (an example rate, not an offer), 36 months. Our maximum is ₹25 lakh; higher limits may be available from other lenders or secured loans. Earning less? See the ₹40,000, ₹50,000, ₹60,000 and ₹75,000 pages.
The processing fee is 3%–7% plus GST, and your exact rate, fees and APR are in the Key Fact Statement before you sign. A credit officer reviews your full report and income, so a strong profile is recognised rather than squeezed into a standard band.
Lenders price risk. A high, stable salary, a long clean repayment record and low card use all point to lower risk, which is why the best rates typically go to those profiles. The difference is real money, as this example shows.
Bars are to scale. Rates are examples, not an offer; Omozing’s rates start from 11% a year and yours depends on your credit assessment. Excludes the processing fee.
Between 11% and 22% the interest on the same ₹15 lakh differs by ₹2,94,394. Before you apply, check your report for errors and keep card balances low. Does a lower score mean a higher rate?
Large payments land within a few months. A 12–24 month loan spreads them without touching long-term savings.
Bridge a shortfall on the down payment, but plan with your home-loan lender: this EMI counts in its FOIR.
Pay admission deposits and first-term fees on time, then prepay once other funding arrives.
₹5 lakh repaid over 12 months at an example card rate of 3.5% a month costs about ₹1,20,904 in interest; at an example 14% a year it is ₹38,723.
Cover what insurance doesn’t, quickly, and repay over a tenure you choose.
One tax note: personal-loan interest is generally not tax-deductible unless the money is used for specific purposes. Speak to a tax adviser before relying on any benefit.
Loans up to ₹25 lakh, 3–36 months, two documents and a digital process. No upfront fees before approval.
Not automatically. Rates start from 11% a year and the best rates are typically for high, stable incomes and strong credit histories; your rate depends on your full assessment.
Not from Omozing. Our maximum is ₹25 lakh; higher limits may be available from other lenders or secured loans.
Prepaying from a bonus is a common way to cut interest; check the prepayment terms in your loan agreement first.
Generally not, unless the money is used for specific purposes. Speak to a tax adviser.
No. A co-applicant is optional; on these incomes your own salary usually carries the application.
Next questions people ask:
Omozing is the digital lending brand of Aparampaar Finance Private Limited, an RBI-registered non-deposit-taking NBFC. Loans are subject to credit assessment. See our regulatory disclosures and grievance redressal process.