Loan Prediction and Analysis

Who are all Eligible for Loan?

Banks typically require a borrower to have good or excellent credit (690 credit score or higher), multiple years of credit history and a low debt-to-income ratio to take out a personal loan.

Learn More

Dashboard

A dashboard is a visual display of all of your data. While it can be used in all kinds of different ways, its primary intention is to provide information at-a-glance, such as KPIs.

Story

A narrative, story, or tale is any account of a series of related events or experiences, whether nonfictional or fictiona

Report

A report is a document that presents information in an organized format for a specific audience and purpose.Although summaries of reports may be delivered orally,complete reports are almost always in the form of written documents

Major objectives of a loan eligibility predictor

Your loan eligibility depends on various factors, including your age, monthly income, Dependents, education and type of employment, to name a few.

Employment Type

Among salaried and self-employed applicants, lenders offer personal loans to salaried applicants at lower interest rates due to their higher income certainty.

Minimum income

Higher income indicates higher capacity to repay your loan on time, which further implies lower risk for lenders. For salaried professionals, the minimum salary requirement set by most lenders is Rs. 15,000 or above.

Co-applicant

Adding a close family member, such as spouse, parents, children, etc., to your personal loan application can also help in improving your eligibility for a personal loan. At present, not all banks and NBFCs allow co-borrowers in case of personal loans.

Age Limit

Min income

Credit Score

Minimum Work Exp