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Every homebuyer, whether they admit it or not, has one burning question at the back of their mind: “How much loan am I actually eligible for?” It’s the make-or-break figure that decides everything — the size of your flat, the location you can afford, the builder you can talk to, and even how quickly you need to act. And while banks and agents throw around pre-approved numbers casually, the real eligibility amount in 2025 is shaped by more than just your salary.

Let’s break it down like you were sitting with us at BRICKKLY over a cup of tea.

First things first, the biggest factor is your income — but not just in absolute numbers. Banks now look at your income-to-expense ratio, consistency of earnings, and in many cases, the stability of your employment. If you're a salaried employee working with a government department or a reputed private firm, lenders tend to view your profile as lower risk. That often translates into better loan terms and up to 80–85% of the property value in funding. But if you're self-employed — say a trader in Aminabad or a mid-scale businessman from Ballia — then the bank might want to see two or three years of solid ITRs, bank statements, and a clear track of business cash flow.

Your age is another key component. If you're in your late 20s or early 30s, you might be eligible for a longer loan tenure — say 25–30 years — which means lower EMIs and a higher loan amount. But someone nearing retirement age will likely get a shorter tenure, automatically reducing the loan size. Most banks prefer the loan to end by the time the borrower turns 60–65, so younger buyers have a natural edge.

Then comes the ever-critical credit score. In 2025, a CIBIL score of 750 or above is considered healthy. But what many don’t realise is that your loan limit doesn’t just depend on whether you’re eligible — it depends on how strongly you score. A score of 800+ might not only fetch you higher amounts but could also unlock better interest rates and faster approvals. We often recommend clients to check their credit reports early in the property hunt — not at the last minute — so they have time to fix errors or clear minor dues.

But even with great income and credit, one silent killer can be existing liabilities. Already paying a car EMI or an earlier home loan? Those amounts directly reduce your eligibility. In fact, banks typically use a thumb rule — your total monthly EMI obligations (including the new home loan) should not exceed 40–50% of your net monthly income. So if you earn ?80,000 monthly and already pay ?10,000 in other EMIs, your new home loan EMI must fit comfortably within ?30,000–?35,000.

Another often-overlooked factor is the type of property you’re buying. Banks are more generous with loans on RERA-approved, builder-floor, or ready-to-move flats from reputed developers in approved townships. They may offer lower loan-to-value (LTV) for independent plots, under-construction units from unknown builders, or rural properties — sometimes not going beyond 60–70%. That’s why a property’s legal profile affects how much funding you can access.

In Lucknow, we’re also seeing banks becoming extra cautious with fringe or speculative locations. So while a property in Gomti Nagar Extension or Shaheed Path might get full approval, one in an underdeveloped part of Kisan Path might face stricter scrutiny. That’s where BRICKKLY steps in — to guide you toward properties that not only fit your budget but also pass smoothly through bank filters.

The good news? In 2025, interest rates have been relatively stable, and digital loan processing has become much faster. With most lenders now offering pre-approval in 24–48 hours, buyers who have their documents in order can close deals in record time. Plus, schemes like PMAY for first-time buyers, or special bank tie-ups for specific projects, can offer extra funding or subsidies — if you know where to look.

At BRICKKLY, we don’t just help you pick properties — we walk with you through the entire loan process. From matching you with the right bank based on your profile to coordinating with documentation teams, legal verifiers, and bank valuers, we ensure your loan isn’t just sanctioned, but sanctioned smoothly and in time. And because we maintain working relationships with leading lenders in Lucknow, we can often pre-empt hurdles before they even show up.

So the next time someone says, “Yaar, bank toh ?40 lakh hi de raha hai,” remember — it’s not about what they’re offering you. It’s about what you qualify for, based on real-world factors. And when you have someone to decode those variables for you, your homebuying journey becomes less about numbers, and more about confidence.