| Interest Rate | Depending on the credit profile |
| Loan Tenure | Usually up to 1 year |
| Processing fee | May range up to 4% of the loan amount |
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50,000 Personal Loan - Key Details
Personal Loan Interest Rates for 50000
Borrowers looking for a Rs. 50,000 personal loan can benefit from competitive personal loan interest rate starting 9.98% p.a. Additionally, flexible EMI options fitting well within the budget, transparent fee structure and no hidden charges allow them to borrow with confidence and repay comfortably.
Best Apps for 50,000 Instant Loan
Paisabazaar is one of the best loan apps offering a personal loan of Rs. 50,000. Check out the features of Paisabazaar to know why it is a good option:
Banks Offering Rs. 50,000 Personal Loan
| Bank/NBFC | Interest Rates (% p.a.) | Processing Fees |
|---|---|---|
| Aditya Birla Finance | 10.99 onwards | Up to 4% |
| Axis Bank | 9.99 onwards* | Up to 2% |
| Bank of Baroda | 10.15-18.00 | Up to 2% (Max. Rs. 10,000) |
| Bajaj Finance Limited | 10.00-30.00 | Up to 3.93% |
| Bank of India | 10.85-16.15 | Up to 1% (Min. Rs. 250; Max. Rs. 15,000) |
| Bank of Maharashtra | 8.75-13.55 | Up to 1% (Max. Rs. 10,000) |
| Canara Bank | 9.70-15.15 | Up to 0.5% (Max. Rs. 5000) |
| Central Bank of India | 9.85-11.65 | Up to 1% |
| Cholamandalam IFC | 10.00-28.00 | 4% - 6% |
| Dhani Loans & Services Ltd. | 13.99 onwards | 3% onwards |
| Federal Bank | 12.00 - 22.50* | Up to 2% |
| HDB Financial Services | 10.00 - 35.00 | Up to 5.90% |
| HDFC Bank | 9.99 onwards | Up to Rs 6,500 |
| Hero Fincorp | Up to 30* | 2.3% - 3% |
| HSBC Bank | 9.75 onwards | Up to 2% |
| ICICI Bank | 9.99 onwards | Up to 2% |
| IDFC FIRST Bank | 9.99 onwards | Up to 2% |
| IIFL Finance | 12.00 - 28.00 | 2% - 9% |
| Indian Overseas Bank | 10.25 onwards | Up to 0.75% |
| IndusInd Bank | 10.35 onwards* | Up to 3.5% |
| Kotak Mahindra Bank | 9.98 onwards* | Up to 5% |
| L&T Finance | 11.00 onwards | Up to 3% |
| Mahindra Finance | 8.00 - 25.00 | 2% of loan amount or Rs. 5,000, whichever is lower |
| Mannapuram Finance | 18.00 - 24.00 | 1% of loan amount |
| Moneyview | 14.00 onwards | 2% onwards |
| Muthoot Finance | 13.50 onwards | Varies for each application |
| Piramal Finance | 12.14 onwards | Up to 5% |
| Poonawalla Fincorp | 9.99 onwards | Up to 3% |
| Punjab & Sind Bank | 9.60-13.85 | 0.50% - 1% |
| Punjab National Bank | 10.25-16.80 | Up to 1% |
| Shriram Finance | 11.00 onwards | Up to 5% |
| Tata Capital | 10.99 onwards | Up to 3.5% |
| UCO Bank | 9.95 - 13.20 | Up to 1% (Min. Rs. 750) |
| Union Bank of India | 8.75 - 12.55 | Up to 1% (Max. Rs. 7,500) |
*Paisabazaar special rates
Note: Rates as of 15th June 2026
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Personal Loan EMI Calculator for Rs. 50,000 Personal Loan
A personal loan EMI calculator is a financial tool available online to calculate the EMI and total interest cost payable over the loan tenure. All you need to do is enter the loan amount, interest rates and loan tenure and get instant results. Individuals can use the Personal Loan EMI Calculator available on Paisabazaar and assess their loan affordability, thereby, making informed decisions.
50,000 Personal Loan EMI for Up to 5 Years
| Loan Tenure | EMI (Approx.) | Total Interest Payable | Total Amount Payable |
|---|---|---|---|
| 1 Year (12 Months) | ₹4,395 | ₹2,735 | ₹52,735 |
| 2 Years (24 Months) | ₹2,307 | ₹5,360 | ₹55,360 |
| 3 Years (36 Months) | ₹1,614 | ₹8,104 | ₹58,104 |
| 4 Years (48 Months) | ₹1,268 | ₹10,865 | ₹60,865 |
| 5 Years (60 Months) | ₹1,061 | ₹13,671 | ₹63,671 |
Note: EMI values are approximate and calculated at an interest rate of 9.98% p.a. Actual EMI may vary depending on the lender's interest rate, processing fees, and loan terms.
Rs. 50,000 Loan Eligibility - No Salary Slip Options
Below-mentioned is the eligibility criteria for individuals availing a personal loan of Rs. 50,000:
Individuals not having a formal income proof are also eligible for personal loan of Rs. 50,000. Such applicants can submit their latest bank statements and recent ITRs during personal loan application.
Rs. 50,000 Emergency Loan - How to Get in 24 Hours
Rs. 50,000 Personal Loan Without CIBIL Score
Documents Required During Loan Application
Below-mentioned are the important documents required during the application of personal loan of Rs. 50,000:
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FAQs
Which app gives Rs. 50000 instant loan without documents?
Paisabazaar gives Rs. 50,000 instant loan to its pre-approved applicants without documents.
What is the EMI of Rs. 50000 loan @ 10% p.a. for 12 months?
The EMI of Rs. 50000 loan @ 10% p.a. for 12 months would be Rs. 4,396.
Can I get Rs. 50000 loan without CIBIL score?
Yes, you can get Rs. 50,000 personal loan without a CIBIL score through NBFCs and digital lending platforms but at a higher interest rate.
What is the minimum salary for Rs. 50,000 personal loan?
The minimum salary requirement for availing Rs. 50,000 personal loan is Rs. 15,000.
Can I get Rs. 50,000 emergency loan in 24 hours?
Yes, you can get Rs. 50,000 emergency loan in as less as a few minutes to a few hours.
Is Rs. 50,000 loan available without salary slip?
Yes, Rs. 50,000 personal loan is available without a salary slip. Here, you need to provide your recent bank statements and ITRs to help assess your repayment capacity.
Which bank gives Rs. 50,000 loan at lowest interest rate?
Currently Kotak Mahindra Bank offers the lowest interest rates starting from 9.98% p.a. However, some PSU banks might offer even lower interest interest rates on personal loans.
Can a student get Rs. 50,000 personal loan?
If the student meets the eligibility criteria of a particular lender, he can apply for a personal loan of Rs. 50,000.
What documents are needed for Rs. 50,000 instant loan?
Instant personal loans usually require minimal documentation including the PAN card, Aadhar card and recent bank statements.
Is there a Rs. 50000 loan without interest in India?
No personal loan is offered without interest in India.
Personal Loan Articles
View All ArticlesPaisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.
The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.
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Get up to ₹50 Lakhs starting at 9.98%*
Get up to ₹50 Lakhs starting at 9.98%*









