Check with your company regarding the bank(s) they deal with. Make an Excel sheet. and note
1) the limit you are entitled to based on what amount? - of salary, basic or gross
2) What are the bank charges from the time of signing, ie: one off charge. fixed charge from loan and interest, insurance charges, types of insurance charged and what does it cover. Months (Usually June or summer holidays) the bank will not deduct the EMI and rate of interest. what is payment is delayed? due to delay in salary from company or return from leave.
3) Monthly interest on reducing balance, insurance on reducing balance, admin charges etc etc
4) will they provide you a statement every month or quarter with actual charges or actual amount that goes towards your loan.

Think twice. When you take the loan, the bank executive (Customer service) will promise the earth and the moon.

Make sure to always stay in touch with your customer service person.

Check your statements often, you will find that half your EMI is towards unknow admin charges.

All the best.