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A salary of ₹40k puts you in a comfortable position for budget housing. Most banks will offer you a loan of approx 24.0 Lakhs. **Key Recommendation:** Ensure your existing EMIs (car/personal loan) do not exceed 20% of your income. Banks want to see a 'Fixed Obligation to Income Ratio' (FOIR) of under 50%. If you clear small debts before applying, your eligibility could jump by ₹3-5 Lakhs.
