₹50 Lakh Personal Loan

Borrow a high amount of up to ₹50 lakh personal loan on Bajaj Markets and fulfil your aspirations. Get interest rates starting from just 12.50% p.a. Additionally, you have the option to repay the loan at your convenience over a period of up to 96 months. You can apply for ₹50 lakh loan quite easily through the completely digital process offered on the platform, ensuring that you save time and effort.

Here are the personal loan interest rates offered by lenders on ₹50 lakh loan:

*Disclaimer: The mentioned rates are subject to change at the lender’s discretion.

Consider this example. The interest rate offered by the lender for your ₹50 Lakhs loan is 12.50% p.a. Let’s check how the change in tenure affects the instalment amount:

*Note: These are approximate values and are meant only for illustration. For actual EMI values, reach out to your lender.

According to the example above, there is a drop in the EMI amount as the loan tenure extends. Meanwhile, there is an increase in the interest charges which leads to a surge in the total repayment costs. Thus, it is important to make an informed decision and choose a tenure that aligns with your preferences and needs.

Here are some basic requirements you must fulfil to improve the chances of your loan being approved:

• You should be an Indian national

• Your age should be within the range of 21 to 60 years

• You must be salaried working in a public or private sector organisation

• Your CIBIL score should be 700 or higher

• You must have a minimum income of at least ₹15,000

Also, submit the following documents at the time of application:

• Identity Proof: Any one of the following

  • PAN card

  • Aadhaar card

  • Passport

  • Voter ID, etc.

• Address Proof: Any one of the following 

  • Aadhaar card

  • Passport

  • Driving licence

  • Utility bills

  • Voter ID

  • Rent agreement, etc.

• Income Proof: Any one of the following

  • Salary slips of the last three months

  • Latest Form 16

  • ITR certificate

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.