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50 Lakh Personal Loan

A personal loan of 50 lakh can help your fund all your big-ticket expenses, including higher education, big budget wedding, foreign vacation, etc. Get the best personal loan offers at Paisabazaar with interest rates starting from 9.98% p.a.
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Get up to ₹50 Lakhs starting at 9.98%

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₹65k Cr+Loans Disbursed
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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Why Choose Paisabazaar?
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How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Rs. 50 lakh Personal Loan: Interest Rate

Interest rate of Rs. 50 lakh personal loan starts from 9.98% p.a. However, the final interest rate on your loan will depend on various factors, including your credit score, loan tenure, employment profile, income stability, existing financial obligations and more.

Tip: A credit score of 800+ can fetch you lower interest rates.

Eligibility Criteria for a Rs. 50 Lakh Personal Loan

To qualify for a Rs. 50 lakh loan, most banks and NBFCs generally require the following criteria:

  • Age: 21 to 60 years
  • Credit Score: 750+ is ideal
  • Employment: Salaried or self-employed with stable income
  • Work experience: 1–2 years minimum

Check your personal loan eligibility online on Paisabazaar.

Documents Required for Personal Loan of Rs. 50 Lakh

The table below entails the commonly required personal loan documents:

Category Salaried Applicants Self-employed / Non-Professionals
Identity Proof Any one of these: Passport, Voter ID, Driving Licence, Aadhaar, or PAN Card Any one of these: Passport, Voter ID, Driving Licence, Aadhaar, or PAN Card
Address Proof Aadhaar, Voter ID, Passport, or latest Utility Bill Aadhaar, Voter ID, Passport, or latest Utility Bill
Income Proof Salary slips, Form 16, or Bank account statements Previous year’s ITR, Profit & Loss Account, Balance Sheet, and Bank account statements

Fees & Charges

Particulars Applicable Charges
Loan Processing Fee Between 0.5% and 4% of the loan amount
Prepayment / Foreclosure Floating Rate Loans – No charges
Fixed Rate Loans – Usually 2% to 5% of the outstanding principal
Loan Cancellation Generally around ₹3,000
Stamp Duty As per applicable state laws
Legal Charges Based on actuals
Penal Interest About 2% per month (24% annually)
EMI / Cheque Bounce Approximately ₹400 per bounce

Avail Personal Loan for
All Your Needs

When to Choose a Personal Loan of Rs. 50 Lakh

  • High-Value Expenses – Ideal for funding big-ticket needs such as luxury weddings, higher education abroad, or premium medical treatments.
  • Debt Consolidation – Helps merge multiple high-interest loans into one large, manageable loan with a structured repayment plan.
  • Property Renovation– Can be used for large-scale home renovations
  • Emergency Funding – Acts as a financial cushion during unforeseen but heavy expenses.

Also read: Personal Loan for Wedding

EMI Calculation for Rs. 50 Lakh Personal Loan

Here’s a sample EMI calculation for a loan of Rs. 50 lakh:

Tenure 9.98% 12% 14%
1 year Rs. 4,39,533 Rs. 4,44,244 Rs. 4,48,936
2 years Rs. 2,30,678 Rs. 2,35,367 Rs. 2,40,064
3 years Rs. 1,61,289 Rs. 1,66,072 Rs. 1,70,888
4 years Rs. 1,26,765 Rs. 1,31,669 Rs. 1,36,632
5 years Rs. 1,06,186 Rs. 1,11,222 Rs. 1,16,341

Use Paisabazaar’s easy personal loan EMI Calculator to plan better.

Why Choose Paisabazaar as your Loan Partner

Paisabazaar has partnered with top lenders in the country to bring the best personal loan offers for you. At Paisabazaar, you get multiple benefits, including:

  • Curated offers from 30+ lenders
  • Hassle-free application
  • Assistance at every step
  • Loans without collateral
  • Fast approvals & quick disbursals
  • Competitive interest rates

How to Apply for Personal Loan Online

To apply for a Rs. 50 lakh personal loan online, follow the given steps below:

  • Visit Paisabazaar's website or the app.
  • Fill in your contact no. in the form
  • Fill in your personal details.
  • Enter the OTP received to verify your contact number.
  • Select the loan amount and loan purpose.
  • Scroll, compare and choose from a variety of loan offers at Paisabazaar in just a few clicks.

How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Avail Personal Loan for
All Your Needs

FAQs

Both salaried and self-employed individuals with a stable income, strong credit score, and repayment capacity are eligible.

Interest rates vary by lender and applicant profile, usually starting from 9.98% p.a.

No, personal loans are unsecured. However, lenders may require additional checks due to the high loan amount.

Eligibility is based on factors such as monthly income, credit score, employment stability, existing debts, and age.

Yes, most lenders allow prepayment or foreclosure, but charges may apply (usually 2%–5% of outstanding principal).

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What our customers say

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026

Best Advisor for Personal Loan

I would like to share my feedback regarding my recent interaction with Mr. Vipin Singh (employee id EW12967) After discussing the financial matters with him, I felt very satisfied with his approach and professionalism. He explained everything clearly, handled the discussion patiently, and ensured that all concerns were addressed effectively. His communication skills, positive attitude, and dedication towards his responsibilities truly reflect his commitment to the organization.

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20th Jan 2026Jan 20, 2026

Meri shaddi thi

Shadi mai bht kharche hote hai. Maine shaddi ke liye personal loan paisabazaar se liya tha. Process smooth tha or interest bhi sahi milla.

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Sadia KhatunJan 15, 2026

Perfect for Loan Solutions

Recently I had a conversation with Mr. Harsh ji. Thanks Mr. Harsh ji for providing a better solution in a very short period of time with very nice behaviour. Thank You very much.

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Amit ChahalJan 15, 2026

Travel ke liye personal loan liya tha

Mai bohot din se out of India ghumne jana chahti thi lekin jab jane ka time mila toh budget kaam padh raha tha, Paisabazaar se personal loan leke bht acha trip kiya. Maza agaya. Mere upar koi burden bhi nhi padha

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Tarini RoyJan 14, 2026

Easy personal loan available

Took personal loan. Good experience.

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Ruchika TiwariJan 14, 2026

Stress-free Laon Borrowing Process

There was a complication with my KYC verification. Paisabazaar’s Shazeb handled it swiftly and professionally. He ensured that I received regular updates, explained the resolution steps clearly, and most importantly, resolved the issue quickly. His prompt assistance and communication made the entire experience smooth and stress-free. Thanks to his efforts, the loan process was completed without further delays.

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Abhishek ThakuraJan 14, 2026
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