Instant Rs. 50,000 personal loan
Need a Rs. 50,000 personal loan urgently? With the Bajaj Finserv Personal Loan, you can get quick access to funds with minimal documentation. Whether it's for medical expenses, home repairs, or any other financial need, you can apply online and receive approval within minutes. The loan amount is disbursed within 24 hours, ensuring you get the money when you need it the most. Enjoy a hassle-free application process with flexible repayment options. Apply now for a Rs. 50,000 personal loan and manage your urgent expenses with ease.
Features and benefits of a Rs. 50,000 personal loan
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Instant approval
If you need a Rs. 50,000 loan urgently, get it with instant approval from Bajaj Finance Limited after fulfilling our simple eligibility and document requirements.
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Funds in 24 hours*
When need money urgently, apply for Rs. 50,000 loan from Bajaj Finance Limited and receive the money in your bank account within 24 hours* of approval.
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Easy, unsecured financing
Keep your personal assets safe, as there is no need for any collateral to get the loan.
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Simple documents
Make application easy by submitting only basic documents when applying for this personal loan of Rs. 50,000.
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Tenure up to 96 months
Simplify your monthly payments by choosing to repay over a period of up to 96 months. Use the Personal Loan EMI Calculator to plan in advance.
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Convenient Flexi facility
Reduce your EMIs by up to 45%* when you pay interest-only EMIs for the initial part of the tenure with our Flexi personal loan.
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Special offers
Existing customers can get a personal loan of Rs. 50,000 in a few clicks. Simply check your pre-approved loan offer by entering your name and contact details.
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Easy loan management
Information about past EMIs, interest rates, and the repayment schedule is easily available in our customer portal, My Account.
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No undisclosed fees
Know the charges related to your instant personal loan of Rs. 50,000 by reading our clear terms and conditions.
With a personal loan of Rs. 50,000 from Bajaj Finserv, you can experience both speed and convenience. Our application process is simple and doesn’t require you to pledge any assets as security. So, you can apply stress-free with minimal paperwork using a quick online form. The eligibility criteria for an instant personal loan up to Rs. 50,000 are also easy to meet. Once your application is approved, our disbursal is quick. Money is transferred within 24 hours* of approval so that you can address immediate needs stress-free.
Our easy-to-use loan management portal ensures you can track all essentials and manage your loan online. Our favourable loan terms and no hidden charges make it easier for you to plan repayment while being well-informed.
How much EMI will I need to pay for a personal loan of Rs. 50,000?
Wondering how much EMI you’ll need to pay for a personal loan of ₹50,000? Use our personal loan EMI calculator to estimate your monthly installments. It’s a quick and accurate way to plan your finances effectively.
Loan Amount |
Interest Rate (p.a.) |
Tenure |
Approximate EMI |
Rs. 50,000 |
13% |
1 year |
Rs. 4,466 |
Rs. 50,000 |
13% |
2 years |
Rs. 2,377 |
Rs. 50,000 |
13% |
3 years |
Rs. 1,685 |
Rs. 50,000 |
13% |
4 years |
Rs. 1,341 |
Rs. 50,000 |
13% |
5 years |
Rs. 1,138 |
Eligibility criteria for an instant loan up to Rs. 50,000
To qualify for an instant loan, applicants must meet specific criteria related to income, age, and creditworthiness. Check the eligibility for Rs. 50000 personal loan to ensure you meet the required conditions for quick approval.
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Nationality
Indian
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Age
21 years to 80 years*
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CIBIL Score
685 or higher
Match the basic eligibility requirements of the Bajaj Finance Personal Loan and submit only the necessary documents to increase your chances of approval for a personal loan of 50,000.
Documents required for personal loan of Rs. 50,000
- KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
- PAN card
- Employee ID card
- Salary slips of the last 3 months
- Bank account statements of the previous 3 months
- Piped gas bill
- Pension order
- Letter of Allotment of Accommodation Issued by Employer
- Property / Municipal tax receipt
- Utility bill
- Real-time image / photograph
- Ration card
To help you with hassle-free repayment, our instant personal loan comes with attractive interest rates and nominal charges.
Interest Rates on an Instant Personal Loan of Rs. 50000
To help you with hassle-free repayment, our instant loan comes with attractive personal loan interest rates and nominal charges. Get an instant Rs. 50,000 loan for 1 year and repay it with convenient EMIs. You can apply using Rs. 50,000 instant loan app or online, and get the funds you need immediately.
Why opt for a Rs. 50,000 personal loan?
- Instant approval: Complete your entire application online and get an instant Rs. 50,000 loan with approval in just 5 minutes.
- Quick disbursal: Once approved, get the money credited to your account within 24 hours* or, in some cases, on the same day of approval.
- No guarantor or collateral needed: You do not need to pledge any collateral such as gold or property to get our instant Rs. 50,000 loan.
- No hidden charges: Our fees and charges are mentioned clearly on our loan documents. We advise you to read these in detail.
Factors responsible for Rs. 50,000 personal loan interest rate
There are several factors that impact the interest rate applicable to your personal loan. Some of them are:
- Monthly income: With a higher monthly income, you have a better chance of getting a better deal on your interest rate.
- Age: Younger applicants may benefit from favourable interest rates, especially for loans with a longer duration.
- Employment type: Working in big, established MNCs, or private sector, can assure lender of your financial stability, and it may reflect in the interest rates.
- CIBIL Score: Every lender has a minimum credit score criterion for loan approval. Having a high credit score can help you negotiate better interest rates on your personal loan.
Purpose of Rs. 50,000 Personal Loans
A ₹50,000 personal loan is a versatile financial solution to cater to various immediate needs. Here are some common purposes for such loans:
- Travel Expenses: Plan your dream vacation without worrying about upfront costs. Opt for a personal loan for travel and pay for flights, accommodation, and activities conveniently.
- Wedding Costs: Cover wedding-related expenses, from venue bookings to attire and catering. A personal loan for wedding helps make your special day memorable without financial stress.
- Higher Education: Manage tuition fees or related costs with ease by applying for a personal loan for higher education and invest in a better future.
- Medical Emergencies: Tackle unexpected medical expenses swiftly with a personal loan for medical emergency to ensure uninterrupted care for your loved ones.
- Home Expenses: Renovate, repair, or upgrade your living space effortlessly using a personal loan for home expenses and enhance your home’s comfort and functionality.
These loans provide quick disbursal, minimal paperwork, and flexible repayment options, making them ideal for addressing urgent financial needs.
How to apply for a personal loan of Rs. 50,000
Apply for an instant loan of Rs. 50,000 online from Bajaj Finance by following these easy steps:
- 1 Click on ‘APPLY ONLINE’ to open the application form.
- 2 Add basic information and your phone number to verify yourself with an OTP.
- 3 Enter other details about your job and income.
- 4 Attach the required documents and submit the form.
Our representative will contact you shortly to help with the next steps in getting your Rs. 50,000 instant loan online.
*Terms and conditions apply.
What credit score is needed for a personal loan of Rs. 50,000?
Bajaj Finserv Personal Loan provides financing between Rs. 40,000 and Rs. 55 lakh. When you apply for a personal loan, your CIBIL Score is one of the most important factors taken into account. A minimum CIBIL Score of 685 is required to qualify for a Bajaj Finserv Personal Loan.
Existing Bajaj Finance customers may have already received a pre-approved offer, while new customers can immediately generate their pre-assigned loan limits. Checking your Insta Personal Loan offer is as simple as entering your mobile number and OTP. Knowing your credit score to get our Insta Personal Loan is not necessary because we check your credit score before extending an Insta Personal Loan offer to you.
Frequently asked questions
The interest rate levied on an instant personal loan of Rs. 50,000 will depend on the lender. Prospective borrowers should conduct thorough market research and compare lenders to find the one offering competitive interest rates. Moreover, one should check for additional processing fees and charges associated with it.
This will change as the tenure or interest rate changes.
An Aadhaar Card is mandatory to apply for a loan. When you apply for a personal loan of Rs. 50,000, you are required to submit various KYC documents. They need to upload the scanned photocopy of the Aadhaar and other documents after submitting the application form to get a personal loan with Aadhaar Card. The lender will credit the loan amount after verifying all relevant documents.
Some lenders might offer a personal loan of Rs. 50,000 without a PAN card. However, that too will depend on various factors. Notably, the Indian Government has made it mandatory for borrowers to provide their PAN card and submit the PAN card to avail of any loans.
The minimum salary required to get a Bajaj Finance Personal Loan is Rs. 25,001, depending on the city you live in.
Getting an Insta Personal Loan from Bajaj Finance is simple. You only need to follow the steps below.
- Go to our Insta Personal Loan page and click on ‘CHECK OFFER’.
- Enter your 10-digit mobile number and OTP.
- Go with the pre-assigned limit or choose a different loan amount.
- Choose a repayment tenure that suits you best.
- Click on ‘PROCEED’ to complete the online process.
The online process may differ depending on whether you are a new customer or have an existing relationship with us.
The requirements for a personal loan differ from lender to lender. Your CIBIL Score is one of the most important elements that can influence your loan acceptance. However, certain lenders may be able to provide you with a personal loan without a CIBIL check. It is recommended that you conduct research and meet all of the other eligibility criteria set by the lender. To be eligible for a Bajaj Finance Personal Loan, you must have a CIBIL score of 685 or above.
You can get instant approval on your Bajaj Finance Personal Loan if you meet all the eligibility criteria.
You do not need to pledge any collateral to get our personal loan.
Typically, our personal loan is disbursed within 24 hours* of approval.
*Terms and conditions apply.
You need to provide income proof along with other documents to get our personal loan of Rs. 50,000.
