Rs 50,000 Personal Loan

Name: Rs 50,000 Personal Loan
Brand: Paisabazaar
Rating: 4.2 (2839 reviews)

Wide Choice

Quick Disbursal

SmartMatch

Digital Process

Wide Choice

Quick Disbursal

SmartMatch

Digital Process

Customer Rating

4.2_/5

2839 Reviews

51M+Satisfied Customers

65+Lending Partners

800+Cities across India

Get up to ₹1,000*

Voucher on disbursal

Valid till 30^th November '25

Valid till 30^th November '25*T&C Apply

Apply Personal Loan Online

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Customer Rating

4.2_/5

2839 Reviews

51M+Satisfied Customers

65+Lending Partners

800+Cities across India

Find Best Personal Loan Offers

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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 Fee₹ 6,500

Axis Bank

Low Processing fee

Max. Loan Amt.Upto ₹25L

Rate of Interest9.99% - 17.15%

Tenure uptoUpto 6 Years

Processing FeeUpto 2%

Kotak Mahindra Bank

Lowest Income requirement100% Digital Process*

Max. Loan Amt.Upto ₹25L

Rate of Interest9.98% - 17.2%

Tenure upto1-5 Years

Processing Fee1.1% - 1.5%

Quick Links

Why Choose Paisabazaar?

Compare & Choose the Best Offer

Pre-approved Offers with Instant Disbursals

Know Your Chances of Approval

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

Interest Rates on Rs 50000 Loan

The interest rates for personal loans for Rs 50,000 usually start from 9.98% p.a. onwards and tenures can go up to 5 years. But some public sector banks may offer personal loans at lower interest rates and for longer tenures. The final interest rates offered on personal loans of Rs 50,000 would depend on the credit score, monthly income, employer’s profile, job profile, etc.

Eligibility Criteria for Rs 50,000 Personal Loan

Here’s the list of general personal loan eligibility criteria considered by most personal loan lenders:-

Age: 18 to 60 years
Credit Score: 750+ is usually preferred
Income:
- Salaried: Minimum net monthly income Rs 15,000/month
- Self-Employed: Minimum annual income Rs 3 to 5 lakh
Work Stability: Atleast 1 year in current job/business

Fees and Charges You Should Know Before Applying

Before applying for a Rs 50,000 personal loan, make sure you know the following charges levied by lenders:-

Processing Fees: Usually 0.5% to 4% of the loan amount
Prepayment and Foreclosure Charges:
- For Floating Rate: Nil
- For Fixed Rate: Usually around 2% – 5% on the principal outstanding
Late payment Charges for missed EMI payment: Usually @ 2% per month; 24% p.a.
Stamp Duty Charges: As per actuals
Loan Cancellation Charges: Usually Rs 3,000

Pre-Approved Offers at Paisabazaar

Most banks/NBFCs also offer pre-approved instant personal loans with quick disbursal to their select segment customers. At Paisabazaar, you can get pre-approved personal loan offers from top lenders like Axis Bank, Aditya Birla Capital, Hero FinCorp, IndusInd Bank, Moneyview and more. Have a look at the interest rates of pre-approved personal loans available on Paisabazaar.

Lenders	Interest Rates (p.a.)
Aditya Birla Capital	10.99% onwards
Federal Bank	12.00% onwards
Axis Bank	9.99% onwards
IndusInd Bank	10.35% onwards
Piramal Finance	12.09% onwards
Tata Capital	11.99% onwards
Hero Fincorp	19.00% onwards

Avail Personal Loan For
All Your Needs

Who Should Consider Rs 50,000 Personal Loan?

This small ticket personal loan is ideal for individuals who want a quick, unsecured loan with minimal paperwork and:-

Need funds urgently and don’t want to borrow a large amount.
Prefer fixed EMIs over using a credit card.
Don’t want to pledge any asset as collateral.

Documents Required for Your Personal Loan Application

Common Documents for all applicants:

Duly filled application form with a passport-size photograph
Identity Proof: PAN Card/Voter ID Card/Aadhaar Card/Driving License
Signature Proof
Address Proof

Additional Documents for Salaried Applicants:

Last 3 months’ salary slips
ITR/Form 16

Additional Documents for Self-Employed Applicants:

ITR for the last 2 years, along with P&L account, balance sheet and income computation for the last 2 years
Business Proof Form 26 AS, Income Tax Challan or TDS certificate (Form 16A) for income tax declared

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

Explore Our Personal Loan Lenders

Avail Personal Loan For
All Your Needs

FAQs

The interest rate for Rs 50,000 personal loan starts from 9.98% p.a. However, some PSU banks may offer lower interest rates depending on the applicant’s credit profile and the lender’s policies.

Most banks disburse Rs 50,000 personal loan within 24 hours of approval.

Lenders use the Aadhaar Card as one of the KYC documents for identity and address proofs. The use of the Aadhaar Card as a KYC document allows many lenders to offer quicker loan processing and approval. However, applicants should note that even if one submits their Aadhaar Card as a KYC document, the lender would still approve their personal loan application based on the other documents submitted (like salary slips, bank statements) and credit profile.

You can avail personal loan of Rs 50,000 without submitting documents to lenders with whom you have an existing banking relationship, as they already have your documents. As many lenders have also implemented end-to-end digital processing of personal loan applications, their loan applicants may not have to submit hard copies of the required documents. All they have to do is upload the documents online during the loan application process.

To avail a personal loan of Rs 50,000 with quick disbursal, you should first check for pre-approved personal loan offers from lenders you already have an existing relationship. Next, you should visit Paisabazaar for end-to-end digital processing of loan applications and thereby, most lenders can offer personal loans with quick disbursal.

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What our customers say

Best marketplace to shop for loans

I highly recommend Paisabazaar app to everyone looking out for personal loans. The customer support is so supportive and follows up with you throughout the loan process.

Shweta SinghNov 13, 2025

Highly recommended platform

I applied for a personal loan for medical emergency through Paisabazaar and got amazing service like nowhere else. The team was extremely cooperative and followed up with me until I had my loan amount in my account. My loan was disbursed within 24 hours. It is indeed an excellent platform for taking loans.

Sunil YadavOct 29, 2025

Instant loan disbursal

I applied for a personal loan through Paisabazaar and got my loan disbursed in no less than 24 hours. The team was extremely cooperative, guided me through the entire process and followed up with me until I had my loan amount in my account. I highly recommend this platform to everyone looking for an urgent loan.

Neha JainOct 29, 2025

Excellent platform

Excellent platform for personal loan comparison! Their EMI calculator helped me pick the best tenure & my monthly emi.

Manish KumarOct 23, 2025

Got personal loan instant

I was a medical emergency & need funds instantly I applied for loan at Paisabazaar & see I have a pre approved offers & apply to it & amount disbursed in 48 hours thanks to paisabazaar teams

Mansi SharmaOct 17, 2025

Got loan yesterday

I got a loan of 2 lakh from Paisabazaar. Until now, I didn't know that it was so easy to get loan through Paisabazaar. They helped me with all documents and process and my loan was sanctioned yesterday itself.

Priyanka SharmaOct 15, 2025

Pre-approved offers

I logged in to Paisabazaar app and saw pre-approved offers as per my credit profile from different lenders. I could avail the offer easily and got quick disbursal in as less as 24 hours without any hassle.

Sunanda MishraSep 28, 2025

Got personal loan in a few minutes

I had pre-approved offers. When I applied through Paisabazaar, I got my personal loan approved within a few minutes. The process was very hassle-free and the team was extremely cooperative.

Preeti SinghSep 26, 2025

Cibil kam tha fir bhi loan dila diya

Mera cibil kam tha fir bhi paisabazaar walo ne loan dila diya mujhe jo bohot jaruri tha.

Pawan SehrawatSep 25, 2025

Personal loan quick approved

My personal loan was quick approved on Paisabazaar. Everything was online and I was not required to submit any more documents.

Vivaan ShahSep 24, 2025

View All Testimonials

Written By

Vandana Punj

Reviewed By

Shamik Ghosh

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

*Applicable for selected customers

Rs 50,000 Personal Loan

Find Best Personal Loan Offers

Quick Links

How Can I Apply for a Personal Loan Online?

Interest Rates on Rs 50000 Loan

Eligibility Criteria for Rs 50,000 Personal Loan

Fees and Charges You Should Know Before Applying

Pre-Approved Offers at Paisabazaar

Who Should Consider Rs 50,000 Personal Loan?

Documents Required for Your Personal Loan Application

Common Documents for all applicants:

Additional Documents for Salaried Applicants:

Additional Documents for Self-Employed Applicants:

How Can I Apply for a Personal Loan Online?

FAQs

What is the interest rate for a Rs 50,000 personal loan?

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

How to get a 50,000 personal loan on Aadhaar Card?

Can I avail Rs 50,000 personal loan without documents?

How do I get a Rs 50,000 personal loan urgently?

Personal Loan Articles

What our customers say

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