Eligibility lens
FOIR comfort check
FOIR tells how much of monthly income is already going into EMIs and obligations.
Different lenders use different comfort levels. This is a planning tool, not an approval promise.
Ways to improve FOIR
Close small loans
Even a small EMI can reduce eligibility.
Add eligible income
Documented co-applicant income can improve the picture.
Adjust tenure
Longer tenure lowers EMI but can increase total interest.