What is the Maximum Personal Loan Amount I Can Get?

Personal loans can be availed for multiple reasons, varying from down payment or renovation of property to medical emergencies. These are unsecured loans, which means the creditor won’t require you to offer assets as security against the loan. 

Personal loans are fairly simple to get but the maximum amount you can get will vary depending on your profile. So if you are wondering ‘how much maximum personal loan can i get’, this page will cover all the information.

Highest Personal Loan Amount One Can Apply for

Everyone wants to know what is the maximum amount they can get as a loan for them to plan out their finances. 

The highest amount offered differs greatly between banks, NBFCs, and other money lending platforms. The amount also varies depending upon the applicant’s income, liabilities, credit score, etc.

Most organizations have a limit which can be anywhere between Rs. 5 Lakh to Rs. 20 Lakh. 

Maximum Personal Loan Amount Offered by moneyview

At moneyview, an applicant can get a personal loan of up to Rs. 10 Lakh. It is a hassle-free and paperless process, wherein the eligibility is decided within 2 minutes.  

Factors That Impact the Loan Amount

The loan amount that an applicant can get is highly dependent on a few key factors. Some of these are -

Monthly Income

The higher your monthly income, the higher your personal loan amount can be. In most cases, creditors will approve a loan amount that is up to 10 to 24 times your monthly salary. 

However, if you are using your existing income to repay a lot of debts, then your debt-to-income ratio will be high and this will negatively impact your creditworthiness. In such cases, the loan amount offered will not be very high.


These are all your expenses, including any other EMIs that you may have. The higher your expenses, the lesser you will have left to repay the loan EMI. Creditors may approve a lower amount keeping these in mind.


If you happen to be closer to your retirement age, the tenure of your loan will be considerably shorter. 

The creditors will consider the number of working years left, before calculating your loan amount and tenure.

Credit History

The better your credit history, or your CIBIL score, the better your chances of getting a higher loan amount. 

If you are new to credit, it might be difficult for you to get approval for a big loan amount, unless your salary is on the higher side, or you have an asset to pledge. 

Applicant Profile

This factor is about your job role, position, or your company. For example, if you work in a job that is secure, your chances of getting a higher loan amount might be better. 

Eligibility for Personal Loan in moneyview

The eligibility criteria for a personal loan from moneyview is very broad and inclusive. You can check them out here -

What Can I Do to Improve my Loan Eligibility?

There are many things that you can do to improve your loan eligibility. These are long term plans, and may be helpful if you are planning to take a big loan in the future. 

Income Source

The loan amount directly depends on the income of the candidate. You might have other income channels like freelancing, or properties on rent, etc. To get the maximum amount of loan, consider adding up all your income sources. 

Credit Score

Improve or build your credit score. If you are new to credit, start with small loans, and pay the EMIs in a timely manner. That way you will be able to build a good credit score. 

Make informed choices when it comes to deciding on an EMI or the tenure. Missing EMI payments has a negative impact on your credit score, which can limit your credit options in the future.

Debt to Income Ratio

Ideally your debt should not be more than 30-40% of your income. Thus it is advisable to pay off your existing debts before applying for a new one.

Loan Applications

Limit the number of creditors you approach for a personal loan. Research well and apply to a place where you are most likely to get a loan. Otherwise your loan might end up getting rejected.

Points To Follow While Taking A Loan

Aiming to get the maximum loan amount a lender can offer is imprudent at times. Here are the points you must remember while taking a loan.

Borrow Within Your Means

Borrowing the maximum amount might lead to financial downfalls if you find it difficult to repay it. Hence, only borrow the sum that you can afford to repay. Not only will it be easier to return but it also helps you improve your credit score. 

Do Thorough Research

To find the best loan with suitable terms, you need to shop a little. Approach the lender and understand the tenure, interest rate, fees & charges, and other terms of the loan before proceeding with the loan application. 

Only when you find the loan terms and conditions satisfactory should you apply for it. 

Repay On Time

Loans, while offering financial respite, can become a burden if handled carelessly. Borrowers must be timely in their repayments as missing a single repayment will have detrimental effects on your credit score.

Opt For Longer Tenure

Applicants generally believe longer tenure allows for financial freedom. However, short tenure comes with lower interest rates, reducing the overall amount you have to repay. 

Borrow For A Reason

There are several reasons to take a loan - wedding, vacation, education, and more. Whatever the cause, ensure you spend the borrowed amount wisely, instead of splurging it on trivial stuff. 

Personal Loan Insurance

If you are looking for a high loan amount, then it is best to consider a personal loan insurance. In case of sudden financial hardships, personal loan insurance aids in repaying the loan without you having to miss a repayment. 


The maximum personal loan amount is highly dependent on an applicant’s income and other liabilities. We at moneyview, give personal loans up to Rs. 10 Lakh. To know more, visit our website or download our app

Frequently Asked Questions (FAQs)

 If you are searching for ‘what is maximum personal loan amount’, the value depends on the candidate’s eligibility. At moneyview, the maximum amount that you can get is Rs. 10 Lakh.

You will need your identity proof, address proof, and income proof to apply for a personal loan.

Yes, if you fit the eligibility criteria, and clear the documentation requirements, you can get a Rs. 10 lakh loan from moneyview.

You can download the app or login to the moneyview website and check your loan eligibility in 2 minutes.

The minimum in-hand salary requirement for getting a personal loan is Rs.13,500/- if you are a salaried individual. However, if you are self-employed, your minimum salary should be Rs. 15,000/- to avail a personal loan from moneyview.


Was this information useful?

300 characters allowed (alphanumeric and special characters such as comma, full stop, @, ", &)

Thank you. Your feedback is important to us.

Apply for personal loan


An OTP will be sent for verification