Enjoy a quick approval personal loan with flexible EMI (Equated Monthly Instalment), low interest rates starting from 13%* per annum, and fast loan disbursal directly to your account. Whether it’s an emergency loan of Rs 50,000 or funds for a planned purchase, this personal loan online offers a simple, paperless application and complete transparency in fees and charges.
Apply online for a Rs 50K personal loan today with minimal documentation and total peace of mind.
Features and Benefits of 50,000 Personal Loan
- Quick Approval: Apply online and get approval swiftly, ideal when you need a Rs 50,000 loan urgently.
- Fast Disbursal: Enjoy loan disbursal shortly after final approval for your urgent cash loan of Rs 50,000.
- No Collateral: This is an unsecured loan, meaning you can access a Rs 50K personal loan without collateral.
- Flexible Loan Tenure: Choose a loan tenure ranging from 12 to 60 months to suit your financial goals.
- Low-Interest Personal Loan: Benefit from competitive interest rates starting from 13%* p.a. for your Rs 50,000 loan online.
- Easy EMI Calculation: Use the personal loan EMI calculator to plan your monthly Equated Monthly Instalments (EMI) conveniently.
This quick Rs 50,000 loan for salaried and self-employed individuals is among the best unsecured loan options for those who value speed, transparency, and convenience.
*Terms and Conditions apply
50,000 Personal Loan EMI for 1-5 Years Tenure
You can calculate the EMI for an Rs 50,000 loan online using the personal loan EMI calculator. At an annual interest rate of 13% p.a, the EMI for a 1-year tenure is Rs 4,466; for a 2-year tenure, Rs 2,377; for a 3-year tenure, Rs 1,685; for a 4-year tenure, Rs 1,341; and for a 5-year tenure, Rs 1,138.
| Loan Amount (Rs) | Interest Rate (per annum) | Tenure (Years) | EMI (Equated Monthly Instalment) (Rs) |
| 50,000 | 13% | 1 | 4,466 |
| 2 | 2,377 | ||
| 3 | 1,685 | ||
| 4 | 1,341 | ||
| 5 | 1,138 |
Disclaimer: These are approximate Rs 50,000 loan EMI calculations; actual numbers may vary.
Eligibility Criteria of Personal Loan for 50,000
To qualify for a Rs 50,000 personal loan, applicants must meet the following personal loan eligibility criteria:
- Age: Between 21 and 65 years (minimum 25 for self-employed applicants).
- Employment: Must be employed with a public or private company, or self-employed with a regular income source.
- Experience: Minimum 6 months in the current organisation and 1 year of total work experience. Self-employed individuals must have been operating their business for at least 3 years.
- Credit Score / CIBIL Score: Maintain a healthy CIBIL score for a personal loan. A score of at least 700 is required to qualify for a loan of Rs 50,000.
- Minimum Monthly Income: Minimum monthly income should be Rs. 16,000*. For self-employed borrowers, the minimum annual turnover or post-tax profit will be considered.
You can use the personal loan eligibility calculator to estimate your borrowing limit before applying.
*These are the basic eligibility criteria for a Rs 50,000 loan. The final eligibility will depend on several other factors, including SMFG India Credit’s policy at the time of loan application.
Documents Required for 50,000 Personal Loan
Documentation is an essential part of the loan process. Getting a Rs 50,000 loan without income proof and a CIBIL score is next to impossible, as lenders are required to verify your identity, income, and repayment capacity.
You will need to provide the following personal loan documents :
| Document Type | Particulars for Salaried | Particulars for Self-Employed |
| PAN Card | PAN card/Form 60 of the applicant and the co-applicant (if applicable) | PAN card/Form 60 of the applicant and the co-applicant (if applicable) |
| Proof of Identity and Proof of Address (any one) |
|
|
| Signature Proof (any one) |
|
|
| Bank Statements |
|
|
| Income Documents |
|
|
| Business Proof (any one) | NA |
|
A personal loan with an Aadhaar card and other valid documents ensures a smooth and paperless loan experience.
Important Note:
If a co-applicant is involved in the Rs 50,000 personal loan application, their basic documents, such as PAN, KYC, etc., will also be required. The list given in the above table is indicative. Depending on the specific loan product, your individual profile, and our policy at the time of loan application, additional documents may be required.
- Your original identity proofs, address proofs, and other required documents should be at hand for onsite verification. This may not be required if digital KYC has been completed.
- If your address proof does not match your current address, you can submit one of the Deemed OVDs. Click here to view the full approved list .
- You must submit an Officially Valid Document (OVD) reflecting your current address within 3 months of providing the initial address proof document.
50,000 Personal Loan Interest Rates
At SMFG India Credit, personal loan interest rates start at 13%* per annum. The final rate is determined by several factors such as your credit score ,credit report , income level, existing debts, and so on.
| Fees & Charges | Amount Chargeable |
| Personal Loan Interest Rate | Starting at 13%* per annum |
| Processing Fee | Up to 5% of the total loan amount + GST |
| Late Payment Charges | Up to 2% per month (24% per annum) on overdue amounts calculated on a day-to-day basis payable from the relevant due date till the date of actual payment. |
| Cheque/ECS/NACH Dishonoured Charges (per dishonour of cheque/ECS/NACH per presentation) | INR 500 + GST |
| Loan Cancellation Charges (loan cancelled before the first EMI) | INR 1000 + GST |
| Loan Tenure | Up to 60 months |
How to Apply for 50,000 Personal Loan Online
Here’s how you can easily apply for a Rs 50,000 loan at SMFG India Credit:
- Verify Mobile Number:
Enter basic details such as your mobile number, PAN, pincode, and employment type (salaried or self-employed). Authenticate your mobile number with an OTP.
- Share Key Information
Provide additional details, including your monthly income and any existing financial obligations.
- Select Your Preferred Offer:
Based on factors like your income, existing debt, and credit score, a customised loan offer will be proffered. Please choose your preference.
- Complete KYC and Final Submission:
Finish your digital KYC. As per our policy at the time of application, you may also be asked to upload certain documents. Submit the application to complete the process.
*Applications for loan amounts exceeding Rs 2.50* lakhs will be taken up for further processing. Our representatives will contact you if any further clarification is required.
Purpose of 50,000 Personal Loans
A personal loan of Rs 50,000 can help meet a variety of personal and professional needs, whether planned or unexpected.
- Travel Plans: A travel loan can cover flight tickets, hotel stays, or holiday packages without affecting your savings.
- Weddings and Family Functions: A wedding loan helps manage essential expenses such as venue bookings, décor, catering, and attire.
- Medical Emergencies: Emergency personal loans for medical expenses provide timely access to funds for hospitalisation, surgeries, or treatments.
- Lifestyle and Shopping Needs: A shopping loan can help you buy electronics, home appliances, or furniture while keeping your monthly budget intact.
- Education or Skill Development: A personal loan for higher education can be used to cover tuition fees or training programmes in India or abroad.
- Debt Consolidation: A debt consolidation loan helps simplify finances by combining multiple existing debts into a single EMI.
- Women’s Financial Goals: A personal loan for women can fund higher education, entrepreneurial ventures, or personal milestones.
- Everyday or Minor Expenses: A small personal loan is suitable for smaller expenses such as home repairs or bill payments.
Both personal loans for salaried and personal loans for self-employed applicants can benefit from quick approvals, flexible repayment tenures, and a completely digital application process.
Check Personal Loan Eligibility and Secure Your 50,000 Loan Today!
If you need a Rs 50,000 loan urgently, SMFG India Credit offers one of the best personal loans in India. With a flexible loan tenure, quick processing, and fast loan disbursal, it’s designed to meet both emergency loan of Rs 50,000 requirements and planned financial goals.
Apply today for a Rs 50,000 loan online at attractive interest rates through a 100% paperless digital application process.
Conclusion
You can apply for an instant personal loan of INR 50,000 at interest rates starting at 13%* per annum through a completely online application process with SMFG India Credit. Avail of the best financial lending support in town today.
* Please note that loans are disbursed at the sole discretion of SMFG India Credit. Final approval, loan terms and disbursal process will be subject to SMFG India Credit’s policy at the time of loan application. If you are an existing customer and wish to foreclose your loan, please note that foreclosure terms and charges will be applicable as per our policy at the time of loan foreclosure.
FAQs on 50,000 Personal Loan
How to get a 50,000 loan promptly?
If you want to get a Rs. 50,000 loan, you can apply for an SMFG India Credit personal loan. With minimal documentation, an online application process, and quick loan processing, you can enjoy timely access to funds.
What is the interest rate for an Rs. 50,000 personal loan?
The interest rate on an Rs. 50,000 loan can vary depending on the loan amount, tenure, and the borrower’s creditworthiness. Generally, the interest rate for personal loans starts from 13%* per annum.
What is the processing time for an Rs. 50,000 personal loan?
You can borrow a personal loan of Rs. 50,000 hassle-free. All you need to do is log into the website and follow simple steps. The approved amount will be credited to your account shortly after approval, if you satisfy the lender’s eligibility criteria.
Can I avail of an Rs. 50,000 personal loan without documents?
In most cases, it is highly unlikely to avail of an Rs. 50,000 personal loan without any documents. Lenders typically require:
- Identity Proof (Aadhaar card, Passport, Voter ID, etc.)
- Address Proof (Aadhaar card, Utility bills, Rental agreement, etc.)
- Income Proof (salary slips, official statements, ITR, etc.)
Documentation is essential for lenders to assess your eligibility and repayment capacity.
