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CALCULATORS

SME loan eligibility calculator

This tool gives an indicative eligible amount as a range - separately for typical bank grids and NBFC grids - using turnover, earnings, vintage, existing EMIs, balances, GST status, product and collateral. The range starts wide after the first inputs and narrows as you answer more. It is not an offer or pre-approval; lenders decide at their discretion.

Last updated 16 Sep 2026 · Kredway credit desk
Aligned to common FOIR (~50-60%) and DSCR (~1.25-1.5×) teaching bands

This is an indicative estimate based on typical lender grids, not an offer or a pre-approval. Actual eligibility is decided only by RBI-registered banks and NBFCs.

Your numbers

₹3 crore

Your earnings figure is

₹45 lakh

years
Loan you need
Existing loans, bank balance, GST and collateral

₹80 thousand

₹12 lakh

GST returns
Collateral you can offer

Your result

Indicative loan amount

₹45L–₹62.4L

The range narrows as you add more of your profile.

Banks vs NBFCsTypical ranges on the same scale
  • Banks₹45L – ₹54.3L
  • NBFCs₹60L – ₹62.4L
Can you carry the EMIs?The two ratios lenders check first
EMIs as a share of monthly income (FOIR)59%

ComfortableLenders like 60% or less

Holding you back: Turnover. Raising projected turnover (with GST support) widens both bank and NBFC ranges.

Ranges reflect typical bank vs NBFC grid behaviour and are not an offer or pre-approval.

Want us to check which lender types fit this profile?

Send your GSTIN. The result above stays usable either way.

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ASSUMPTIONS

What we assume.

Open assumptions
  • All math runs in your browser. Nothing here is a sanction or offer.
  • Statutory rates and windows come from a single config file last verified on 1 Sep 2026.
  • Bank and NBFC grids vary by geography, segment and internal policy.
  • Kredway is a lending service provider / DSA intermediary and does not lend. Calculator outputs are indicative estimates, not offers. Actual eligibility, rate and terms are determined by RBI-registered banks and NBFCs at their sole discretion.

FAQ

Common questions.

Why a range and not one number?

Lender grids differ sharply. A single point pretends precision we do not have. Bank vs NBFC bands make that honest.

Is this a pre-approval?

No. It is an indicative estimate from typical grids. Only an RBI-registered bank or NBFC can sanction.

Why do NBFCs show higher?

NBFC grids are often wider on vintage and documentation, usually at a different price. Compare EMI and APR, not only the ticket.

What is FOIR?

Fixed Obligation to Income Ratio - existing EMIs plus the new EMI, divided by monthly income. Many grids get uncomfortable above about 50-60%.

REFERENCES

Primary sources.

GUIDES

Read more on this.

GuideBusiness loan interest rates by lenderGuideMudra loan: Shishu, Kishore, Tarun and Tarun PlusGuideCGTMSE: collateral-free loans up to ₹10 croreGuidePMEGP loan: subsidy and eligibility

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Kredway is a lending service provider / DSA intermediary and does not lend. Calculator outputs are indicative estimates, not offers. Actual eligibility, rate and terms are determined by RBI-registered banks and NBFCs at their sole discretion.