₹50,000 Personal Loan – Apply Online Instantly from Top Banks

Need an instant ₹50,000 personal loan to cover urgent expenses? Urban Money helps you get small loans quickly. You might need money for different reasons. This could be for a medical emergency, home repair, or education. They help you find the best lenders in India. You can compare offers, check your eligibility, and apply online in just a few steps.

Get in Touch for Personal Loan Expert Advice
Connect with our Personal Loan Advisor Now!
  • Personalized Personal Loan solutions
  • Expert guidance
  • Application assistance
  • Credit score discussion
  • Personal Loan Interest rate comparison
+91
Choose City

Written By
Thejus KS
Thejus KS
A mechanical engineer turned history buff with a sprinkle of financial brilliance. Thejus’s expertise comes with a unique blend of engineering precision, timelines, and the power of numerals. He knows that numbers are the pulse of our globe. Attention to detail and extensive research are the key elements of his writing.
Reviewed By
Piyush Bothra
Piyush Bothra
Chief Financial Officer, Square Yards
Piyush Bothra is the Chief Financial Officer at Square Yards, bringing over two decades of rich experience in finance and leadership. He is an MBA graduate from the prestigious IIM Lucknow and holds a BE in Information Technology from Sardar Vallabhbhai Patel Institute of Technology. He has played pivotal roles in scaling businesses and driving financial strategies. At Square Yards since 2015, Piyush is known for his strategic vision, strong financial knowledge, and valuable financial insights, significantly contributing to the company's growth and success.

A Rs. 50,000 personal loan is typically classified as a small cash loan. I.e., getting a personal loan up to Rs. 50,000 is not overly challenging nowadays. Most lenders have made the application process easier and changed their eligibility rules. Thus, you can now easily manage any unexpected expenses that arise in your day-to-day life with an instant personal loan of Rs. 50,000.

Why You Need Rs. 50,000 Personal Loan ?

A ₹50,000 loan is usually seen as a small personal loan. It gives you quick access to money without needing collateral. It’s ideal for:

  • Emergency medical expenses
  • Home repairs or renovations
  • Car maintenance
  • Small business needs
  • Debt consolidation
  • Wedding or travel plans
  • Educational or skill development costsThese loans are flexible, unsecured, and often disbursed within 24–48 hours.

₹50,000 Loan Interest Rates & Charges

Component Details
Interest Rate Starting from 10% p.a.
Processing Fee 0.5% to 2.5% of loan amount
Prepayment Charges 2% to 5% (if applicable)
Late Payment Fee Varies by lender

Benefits of ₹50,000 Personal Loan Online

  • Instant Approval & Disbursal : Get your loan approved and disbursed within 24 to 48 hours without delays.

  • 100% Online Application Process : Apply for a 50000 personal loan anytime, anywhere through a fully digital process.

  • Compare Offers from 50+ Lenders : Evaluate loan options from top lenders in one place to choose the best deal.

  • No Collateral Required : Avail the loan without pledging any assets or security.

  • Flexible Tenure (12 to 60 months) : Choose a repayment period that best suits your financial comfort.

  • Low Interest Rates from 10% p.a. : Save on borrowing costs with attractive interest rates starting at just 10% per annum.

Eligibility Criteria for ₹50,000 Personal Loan

Criteria Details
Age 21 to 60 years
Income ₹20,000/month minimum (₹25,000+ in metro cities)
Employment Salaried or self-employed with stable income
Credit Score 700 or higher preferred
Work Experience 1–2 years minimum
Citizenship Indian

How to Apply for a ₹50,000 Loan on Urban Money

You can easily apply for a Rs 50,000 personal loan online by following these simple steps:

  • Visit the official website of Urban Money.
  • Tap the “Loan” section and choose “Personal Loan.” You can locate these options on the horizontal menu bar of the home page. 
  • You will be directed to the personal loan page to compare multiple lenders, check your eligibility, and submit applications to your preferred lenders. 
  • Click on your chosen lender, which will take you to another page where you can initiate your personal loan application.
  • Upon scrolling down, you can locate the “Appy Now” button, and tap on it.
  • A small digital form will appear on your screen, prompting you to input your name, mobile number, city, and the specific type of loan you wish.
  • Click the “Submit” button.
  • A 6-digit OTP will be sent to the mobile number you provided.
  • Enter the OTP and once again click the “Submit” button.
  • Within a day, a representative from Urban Money will contact you regarding your chosen lender.

Required Documents for ₹50,000 Personal Loan

  • ID Proof: Aadhaar, PAN, Passport, Voter ID, etc.
  • Address Proof: Utility bill, Aadhaar, Rent Agreement
  • Income Proof: Salary slips, bank statements, Form 16, ITR
  • Employment Proof: Offer letter, work ID, business proof (if self-employed)
  • Photographs: Passport-sized photos

Key Factors Lenders Consider for a ₹50,000 Loan

  1. Credit Score: Higher score = better approval chance

  2. Monthly Income: Stability and sufficiency for EMI payments

  3. Debt-to-Income Ratio: Lower DTI = better loan eligibility

  4. Employment History: Longer tenure at current job = more trust

  5. Co-applicant Option: Adding a family member can improve approval chances

  6. Complete Documentation: Accurate paperwork speeds up processing


Frequently Asked Question (FAQs)

What is a 50,000 personal loan?

A Rs 50,000 personal loan is a multipurpose loan that you can secure without having to pledge any of your assets as collateral.

Do I need collateral to secure a Rs. 50,000 personal loan?

No, you require no collateral to secure a Rs 50,000 loan.

How quickly can I get the 50,000 loan amount after approval?

You can typically receive the loan within a day or two.

How does the interest rate work for a Rs, 50,000 personal loan?

The interest rate for your Rs 30,000 personal loan can range from 10% to 15% per year.

Can I prepay or foreclose the Rs 50,000 personal loan?

Yes, you can prepay or foreclose the 50,000 personal loans with the lender's consent.

How much credit score do I need for a Rs.50,000 loan?

A credit score of 700 is the minimum requirement for a Rs 50,000 loan.

Can I get a loan of Rs 50,000?

Yes, you can get a loan of Rs 50,000 as long as you meet the common eligibility criteria set by the lender.

How can I get a Rs. 50,000 loan immediately?

You can get a loan immediately by applying for a personal loan through Urban Money.

Can I get a personal loan if my salary is Rs. 50,000?

You can get a personal loan if your monthly salary is Rs 50,000.

Will I get a Rs. 50,000 personal loan if I don't have a bank account?

No, you cannot get a loan if you don’t have a bank account.

Will my EMI be auto-debited from my bank account?

Typically, your EMI is a predetermined amount automatically debited from your bank account on a predetermined date.
Urban Money