₹50,000 Personal Loan

Need ₹50,000 Loan urgently? An instant personal loan of ₹50,000 can help you to take care of those expenses that arrive out of the blue. Some of the highlighting features of a personal loan of ₹50,000 are that its eligibility criteria is rather straightforward, it can be availed at a low interest rate, and has a flexible loan repayment tenure.

Purpose of a ₹50,000 Personal Loan

A personal loan of ₹50,000 can come to your rescue on various occasions. If you need to take that much needed vacation, buy that mobile phone you have always had your eye on or even take care of those medical expenses that you were not anticipating, you can apply for a ₹50,000 personal loan and get one instantly. All of this implies that the personal loan of ₹50,000 that you will apply for can be used for practically anything.

Interest Rates for ₹50,000 Personal Loan

The starting interest rates at which the lending partners of Bajaj Markets are willing to give you a personal loan are as follows:

Disclaimer: The rates mentioned above are subject to constant change. You must always check with the lender before applying. Additionally, the final interest rate applicable to you will depend on factors such as your repayment tenure, your age, your monthly income, and your CIBIL score.

Can I Get a ₹50,000 Loan Without Income Proof? 

If you fulfil the eligibility criteria for a ₹50,000 personal loan, you can avail it without providing any income proof and with no security and no collateral. All you need is to be a self-employed or a salaried employee and your age should be within the range of 21 to 60 years. Another important criteria for you to avail ₹50,000 loan with no security and no collateral is that your CIBIL score should be 750 or above. Once the lender is satisfied that you fulfil all the eligibility criteria and all your documentation is in place, an income proof is not a requisite for a ₹50,000 loan. 

Eligibility Criteria for ₹50,000 Personal Loan

The eligibility criteria that you must meet in order to avail a ₹50,000 personal loan is as follows:

50000 Personal Loan EMI for Tenures of 1-5 Years

Use Bajaj Market’s online personal loan EMI calculator for checking your EMI for Rs 50,000 personal loan.

How to Apply for a Personal Loan of ₹50,000?

You will need to follow the below-mentioned procedure to apply for a ₹50,000 personal loan:

 

• Step 1: First, help yourself to the ‘Apply Now’ option of the ‘Personal Loan’ section, and then fill up the application form that will appear on your screen with your professional and personal details.

• Step 2: Then, choose the loan amount that you want from the lending partner (subject to personal loan eligibility) and then choose the loan repayment tenure of your choice.

• Step 3: Next, submit all the documents required with the application form. These documents will have to be submitted for verification purposes.

Once your loan application is approved and your documents have been verified, the lender will credit the amount in your bank account within 24 hours.

Documents Required for ₹50,000 Personal Loan

You will need to furnish the following set of documents to get a personal loan: