For individuals with a monthly salary of ₹30,000, understanding personal loan EMIs is vital to maintain financial health. Experts suggest that EMIs should be kept between ₹6,000 and ₹7,500, representing 20-25% of monthly income, to avoid financial strain. While lenders may approve higher EMIs based on the Fixed Obligation to Income Ratio (FOIR), which can be up to 40-50%, this can lead to significant stress and potential debt traps. Manish Shara, Co-founder and CEO of ZET, emphasizes that borrowers often misjudge their repayment capabilities, which can lead to missed payments and long-term credit score damage. Aiming for a manageable EMI ensures that essential expenses like rent and groceries are not compromised. Ultimately, consulting a certified financial advisor is crucial for making informed borrowing decisions and maintaining overall financial stability.