Can You Get Two Personal Loans? RBI Rules, Bank Conditions & EMI Management Explained

• RBI does not restrict the number of personal loans; banks focus on total repayment capacity.
• Banks prioritize your Debt-to-Income (DTI) ratio, typically preferring it below 35%.
• Existing EMIs are factored into DTI calculation for a new loan.
• A strong credit score (750+) and clean credit history are vital for approval.
• Manage multiple loans wisely with auto-debit and periodic budget reviews to avoid financial strain.

Why It Matters: Taking multiple personal loans is possible with stable income, good DTI, and strong credit history.