BAJAJ FINSERV DIRECT LIMITED
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  • Features & Benefits
  • EMI for Different Tenures
  • Eligibility & Documents Required
  • How to Apply
  • FAQs

₹50,000 Instant Personal Loan

Need a ₹50,000 loan urgently? Explore multiple loan offers on Bajaj Markets and apply online through a simple process with instant approval.

Your Personal Loan EMI
₹ 926
Total Interest Amount

₹ 16,693

Principal Amount

₹ 50,000

Total Payable Amount

₹ 66,693

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Interest Rate
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Min value reached
Max value reached
Tenure
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You can also make instant comparisons between loan offers from over 25+ personal loan providers on Bajaj Markets.

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 You can also evaluate the total interest amount and overall payable amount for better financial planning and budgeting.

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See Repayment Schedule

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Year EMI Principal Interest Balance

A ₹50,000 personal loan is a quick way to manage urgent expenses like travel, fees, or vehicle repairs. With interest rates starting around 10% and flexible tenures, your EMIs stay affordable. For example, a 12‑month EMI is roughly ₹4,392, with a total repayment of about ₹51,704. Fast processing, minimal paperwork, and convenient repayment options make personal loan of ₹50,000 ideal for salaried individuals needing immediate financial support.

Compare ₹50,000 Personal Loan Interest Rates

Apply for a personal loan on Bajaj Markets and compare interest rates and maximum tenures from multiple lenders. This way, you can make an informed decision and enjoy long-term benefits.

Available Offerings

Max. Loan Amount

Min. Interest Rate

Max. Tenure

Processing Fee

CASHe (Bhanix Finance) Personal Loan

₹3 Lakhs

2.79% p.m. 

18 Months

Up to 5.5% of the loan amount + GST

Bajaj Finance Personal Loan

₹55 Lakhs

10% p.a.

96 Months 

Up to 3.93% of the loan amount (Inclusive of applicable taxes)

Kotak Mahindra Bank Personal Loan

₹40 Lakhs

10.99% p.a.

72 Months

Up to 1.50% of the loan amount + GST

SMFG India Credit Personal Loan

₹25 Lakhs

12% p.a.

60 Months

0% to 6% of the loan amount

L&T Finance Personal Loan

₹15 Lakhs

12% p.a.

48 Months

Up to 3% of the loan amount + GST

Federal Bank Personal Loan

₹5 Lakhs

12.75% p.a.

48 Months

2% to 3% of the loan amount + 18% GST

Fibe Personal Loan

₹5 Lakhs

14% p.a.

36 Months

Up to 2% of the loan amount

Kissht Personal Loan

₹4 Lakhs

14% p.a.

24 Months

3% to 5% of the loan amount

KreditBee Personal Loan

₹5 Lakhs

14% p.a.

24 Months

Up to 3% of the loan amount

PaySense Personal Loan

₹5 Lakhs

14% p.a.

60 Months

2% to 2.5% of the loan amount + GST or ₹500 + GST

Muthoot Finance Personal Loan

₹10 Lakhs

14.5% p.a.

60 Months

2% to 4% of the loan amount

Finnable Personal Loan

₹10 Lakhs

15.95% p.a.

60 Months

Up to 3% of the loan amount

InCred Personal Loan

₹10 Lakhs

13.99% p.a.

60 Months

2% to 5% of the sanctioned amount

Moneyview Personal Loan

₹10 Lakhs

16% p.a. (1.33% p.m.)

60 Months

Starts from 2% of the approved loan amount

Freo Personal Loan

₹5 Lakhs

18% p.a.

36 Months

5% to 10% of the loan amount

Olyv Personal Loan

₹1 Lakh

18% p.a.

12 Months

2% to 12% of the loan amount

Upwards Personal Loan

₹5 Lakhs

18% p.a.

36 Months

Up to 4% of the loan amount

Zype Personal Loan

₹5 Lakhs

18% p.a.

12 Months

2% to 6% of the loan amount

Unity SFB Personal Loan

₹5 Lakhs

16% p.a.

36 Months

3% of the loan amount

Poonawalla Personal Loan

₹5 Lakhs

16% p.a.

36 Months

Up to 5% of the loan amount plus applicable taxes

Ram Fincorp Personal Loan

₹1.5 Lakhs

6% p.m.

90 Days

3% to 10%

Disclaimer: The mentioned details are subject to change at the lender’s discretion.

Features and Benefits of a ₹50,000 Personal Loan

A ₹50,000 personal loan offers quick, hassle‑free way with flexible repayment options, making it ideal for managing urgent financial needs with ease. Take a look at the features:

  • Quick Approval: Get fast loan approval with minimal waiting time, ideal for urgent financial needs.
  • Flexible Tenure Options: Choose a repayment period that suits your monthly budget and financial comfort.
  • Minimal Documentation: Simple paperwork requirements make the application process smooth and hassle‑free.
  • Instant Disbursal: Receive funds directly in your bank account shortly after approval

₹50,000 Personal Loan EMI for Different Tenures

The tenure you choose has a major impact on your personal loan EMIs. Checking and comparing the various options available before selecting an offer is important. Suppose that you have taken a personal loan of ₹50,000 at an interest rate of 10% p.a. 

Here is how the instalment amount changes based on the loan tenure:

Tenure

EMI Amount

Interest Rate

Total Interest Payable

Total Repayment Cost

₹50,000 Loan for 1 year

₹4,396

10% p.a.

₹2,750

₹52,750

₹50,000 Loan for 3 years

₹1,613

10% p.a.

₹8,081

₹58,081

₹50,000 Loan for 5 years

₹1,062 

10% p.a.

₹13,741

₹63,741

₹50,000 Loan for 8 years

₹759

10% p.a.

₹22,836

₹72,836

Note: These are approximate values and are meant only for illustration. For actual EMI values, reach out to your lender.

Eligibility & Documents Required for a Personal Loan of ₹50,000

Applying for a personal loan of ₹50,000 requires you to meet a few basic eligibility conditions. Although these may vary depending on the lender, the following factors are generally taken into consideration:

  1. You must be an Indian citizen

  2. You must be salaried or self-employed

  3. You must be at least 18 years old

  4. Earn a minimum monthly income of ₹10,000

  5. Have at least 1 year of work experience

  6.  Ensure your CIBIL score for ₹50,000 personal loan is 650 or above, and routinely check your CIBIL score online for accurate updates

To apply for a ₹50,000 personal loan, below are the most commonly required documents:

Identity Proof (Any one of the following)

Address Proof (Any one of the following)

Income Proof (Any one of the following)

Aadhaar card Aadhaar card Salary slips from the last 3 months
PAN card Passport Bank statements from the last 3 months
Passport Utility bills (Water/electricity/gas bills)  
Voter ID Ration card  
Driving licence Driving licence  
  Property documents  

What Impacts Interest Rates of Personal Loan?

What Impacts Interest Rates of Personal Loan?
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Personal loan interest rates are influenced by factors such as CIBIL score, income level, employment type and more.

₹50,000 Personal Loan: Fees and Charges

In addition to interest rates, there are various other costs associated with borrowing. Fees and charges are incurred over the total repayment tenure. Here are some charges you need to be aware of:

Fees and Charges

Details

Processing Fees

Up to 12% of the loan amount

Foreclosure Charges

Up to 6% of the amount

Part-payment Charges

Up to 20% of the amount

Disclaimer: The mentioned details are subject to change at the lender’s discretion.

How to Apply for a Personal Loan of ₹50,000

You can apply online for a ₹50,000 personal loan effortlessly on Bajaj Markets by following these easy steps:

1. Click on 'Apply Now' on this page

2. Select your profession from the available dropdown options

3. Enter your valid mobile number and residential PIN code

4. Review and accept the provided terms and conditions

5. Click the ‘Proceed’ button to advance your loan application

6. Enter required details like PAN, full name, date of birth, monthly salary, employer information, email, gender, and salary payment mode

7. Submit your application details to view personalised loan offers instantly

8. Choose the loan offer that suits you best, select your preferred repayment tenure, and finalise your application

A representative from Bajaj Markets will soon reach out to assist you with further steps.

Uses of a ₹50,000 Personal Loan

Borrowing ₹50,000 is easy as the loan amount is small yet sufficient enough to meet substantial needs. Here are some ways you can use the funds:

Last-minute Travel Plans

If you have to make any last-minute trips, a personal loan of ₹50,000 should be enough to cover the costs. This travel loan can help cover expenses like flight tickets, accommodation, and more.

Gadget Shopping

You can buy a new smartphone or laptop with these funds and repay it comfortably over a long tenure.

Medical Bills

A personal loan of ₹50,000 can help you manage any medical emergency. With a quick medical emergency loan, you can focus on supporting your family financially and avoiding unnecessary stress.

Renovation and Refurbishing

You can invest in upgrading your home with a personal loan for home renovation. A personal loan of ₹50,000 can provide the financial support to redecorate, renovate or revamp your home and car.

Relocation Funds

If you are planning to move to a new city or locality, consider financing it with a personal loan of ₹50,000. The personal loan for relocation can help cover moving expenses and make the transition smoother. Take advantage of this option for a hassle-free relocation experience.

Disclaimer

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.

Frequently Asked Questions

How can I get a loan of ₹50,000?

You can get a personal loan of ₹50,000 on Bajaj Markets through a simple online application process. Just ensure that you meet the eligibility criteria.

Your EMI will vary depending on the principal amount, interest rate and repayment tenure. Assuming that the interest rate is 10% p.a., the EMI for a 6-month tenure will be ₹8,578, and for a 60-month tenure, it will be ₹1,062.

You can get the loan at interest rates starting from as low as 10% p.a. on Bajaj Markets. The rate offered to you may differ depending on your loan eligibility and the lender’s policies.

You must be an Indian citizen who is above 21 years of age with a good CIBIL score. You must also be either a self-employed person or a salaried professional working with a reputable company. Monthly earnings of a minimum of ₹10,000 are ideal for qualifying for a personal loan of ₹50,000.

To get a personal loan of ₹50,000 instantly, an Aadhaar Card is a mandatory document. It acts as both identity and address proof. Therefore, whichever lender you apply with will require an Aadhaar Card. You may be asked to provide other KYC documents; hence, it is best to stay informed.

You can easily obtain a ₹50,000 loan using your PAN card as identity proof through Bajaj Markets, which partners with various trusted lenders. Submit basic details along with your PAN, meet eligibility criteria, and enjoy quick approval and instant disbursement.

To get ₹50,000 immediately, apply online for an instant personal loan via platforms like Bajaj Markets. Ensure you meet basic eligibility requirements and provide accurate documentation for faster approvals, typically within 24 hours or less.

Eligibility for a ₹50,000 personal loan typically requires being an Indian citizen aged 21-60, having a minimum monthly income, and a stable employment history. Additionally, maintaining a healthy credit score of at least 650 improves approval chances significantly.

Yes, banks offer ₹50,000 personal loans if you meet specific eligibility conditions such as good credit history, steady income, and proper documentation. Applying through platforms like Bajaj Markets simplifies your process and helps find competitive offers from multiple banks.

The monthly EMI for a ₹50,000 loan depends on the interest rate and repayment tenure you select. For instance, a ₹50,000 loan at 12% interest over 24 months would typically result in an EMI of approximately ₹2,349.

Can you get a ₹50,000 personal loan with a low CIBIL score?

You can get a ₹50,000 personal loan even with a low CIBIL score if you show stable income, though interest may be higher and lenders may require extra documents too.

What is the processing time for a ₹50,000 personal loan?

A ₹50,000 personal loan is usually processed within a few minutes to a few hours, depending on the lender’s verification process and your eligibility.

Can I get a personal loan of 50,000 rupees without any collateral?

Yes, you can get a ₹50,000 emergency loan without collateral, as most lenders offer unsecured loans based on your income, credit profile, and repayment capacity.

Some lenders may offer an instant ₹50,000 loan without income proof, but approval depends on your credit score, banking history, and overall financial profile.

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