Get Personal Loans up to 2 Lakhs in 6 minutes
Get Personal Loans up to 2 Lakhs in 6 minutes
FOIR : Full Form and Meaning Fixed Income to Obligation Ratio (FOIR full form) is a critical factor lenders consider to evaluate a borrower’s loan repayment capacity. Similar to the debt-to-income ratio, FOIR calculation reveals the portion of a person’s income that is dedicated to fixed financial commitments. The FOIR calculation formula is straightforward: divide […]
