For individuals looking at eligibility based on net worth, here’s how the CIBIL score and income come into play:

• CIBIL Score of 770: With a score of 770, you can qualify with a monthly income of ₹1.5 lakhs.
• CIBIL Score of 750: If your CIBIL score is 750, the required monthly income increases to ₹3 lakhs.

The eligibility for the net worth product is calculated based on the following:

• 5% of Financial Assets: The value of your financial assets (like savings, investments, etc.) will be considered at 5% for income eligibility.
• 3% of Real Estate: Real estate (non-residential, constructed properties) is considered at 3% of the property value for eligibility.

It’s important to note that if there’s any Top-Up Loan or Loan Against Property (LAP), additional income eligibility is capped at 50% of the actual income you’ve declared.

Also, land is not taken into account for eligibility. Only constructed properties that are not self-occupied will be considered for calculating your net worth.

This structure ensures that your income and assets are accurately evaluated for the net worth product, allowing for more flexibility in loan eligibility.