Paisabazaar Logo - Compare loans and credit cards

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.
iconicon
Get Cashback of 1,000* on Loan Disbursal
Valid till 30th April '26 *T&C Apply
Instant Personal Loan

Get up to ₹50 Lakhs starting at 9.98%

4.5/5

15.6L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
Icon image of Wide Choice

Wide Choice

Curated offers from 30+ lenders

Icon image of Quick Disbursal

Quick Disbursal

Money in your account instantly

Icon image of SmartMatch

SmartMatch

Offers ranked according to eligibility

Icon image of Digital Process

Digital Process

Hassle-free & paperless

Find Best Personal Loan Offers

Sort by:

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?
image of Compare & Choose the <strong>Best Offer</strong>

Compare & Choose the Best Offer

image of Pre-approved Offers with <strong>Instant Disbursals</strong>

Pre-approved Offers with Instant Disbursals

image of Know Your <strong>Chances of Approval</strong>

Know Your Chances of Approval

image of End-to-End <strong>Digital Process</strong>

End-to-End Digital Process

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

Apply Now

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

Avail Personal Loan Banner

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

Apply Now

Avail Personal Loan for
All Your Needs

Avail Personal Loan Banner

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).

quotes icon

What our customers say

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

icon image of avatar
Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

icon image of avatar
Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

icon image of avatar
Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

icon image of avatar
DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

icon image of avatar
BhupendraFeb 18, 2026

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.

icon image of avatar
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

icon image of avatar
Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

icon image of avatar
Riyaj AtarFeb 9, 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.

icon image of avatar
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.

icon image of avatar
Anuradha GuptaJan 21, 2026
View All Testimonials
Vandana Punj profile
Written ByLinkedIn icon
Vandana Punj
Shamik Ghosh profile
Reviewed ByLinkedIn icon
Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners

*Applicable for selected customers

Knapsack with coins

Check Best Personal Loan Offers
with Quick Disbursal

Scroll to top