Personal loans are that one can take from Financial institutions to fulfil the urgent requirement. As these loans do not require collateral, they are of the unsecured type. It is the reason why usually the personal loan Interest rates are higher as compared to secured loans. It is easy to get a personal loan provided you meet the eligibility requirements. Although there is no fixed calculation for calculating the maximum loan to get based on the salary, the following points are the basic requirements to keep in mind before going for a personal loan to check your loan eligibility factor:-