Do you need a 50000 loan urgently? If so, Piramal Finance is the right choice for you! With an instant personal loan of Rs 50000 from us, you can cover several expenses or debts at once. Plus, with our fully digital application procedure, getting a personal loan has become easier than ever.

From medical expenses to college/school fees to buying a device, you can use a personal loan of 50000 for many purposes. With an affordable interest rate, flexible loan tenure, and seamless application process, Piramal Finance makes it easier, more attractive, and more convenient for you to get a personal loan in no time.

How to get an Instant 50000 Personal Loan on the same day?

You can get an instant 50000 loan on the same day at Piramal Finance with a few simple steps.

You can easily apply for a 50000 rupees loan at Piramal Finance. Simply follow these steps:

  • Step 1:
    Click on Apply Now and start your 50000 Personal Loan application
  • Step 2:
    Enter your mobile number linked to your bank account.
  • Step 3:
    Enter the OTP received on your mobile number.
  • Step 4:
    Enter the required document and verify the same
  • Step 5:
    Bank account verification
  • Step 6:
    Income Verification
  • Step 7:
    Check the Loan Final Offer, Accept, and continue the final process.

After completing the final process within 24 hours, the Rs.50,000 will get credited to your verified bank account.

Key Features of the Personal Loan

A personal loan of Rs. 50,000 is a credit facility that comes with plenty of perks and features for all its customers. These features and benefits at Piramal Finance that aims to streamline the customer journey with us are as follows:

Digital Loan Processing

You can use the Piramal Finance website anytime, anywhere, to apply for an instant 50000 personal loan within minutes. Thanks to a fast, seamless online verification process, your loan amount gets disbursed on the same working day.

Seamless Loan Application

At Piramal Finance, you won’t have to wait for too long for the personal loan application. You only need to complete the application form online upload the requisite documents, and get things done within minutes. That’s how fast a loan application process has become in today’s digital era

Minimal Paperwork

It can consume a lot of time to collect and manage all the requisite paperwork until the loan procedure is complete. With Piramal Finance’s digital personal loan, there’s minimal documentation requirement – which actually becomes paperless for more convenience – and real-time verification.

No Need For Collateral

Piramal Finance does not need collateral for an urgent loan of 50000. We understand that emergencies can happen to anyone and thus avoid any time-consuming aspect that can slow down the loan disbursal. We also provide loans to people with a low credit scores

Affordable Interest Rate & Flexible Tenure:

The interest rate for a 50000 loan at Piramal Finance is set at 12.99*%pa, which is reasonable and competitive in the market. The low-interest rate makes your EMI lesser and more convenient to repay. Furthermore, we offer a maximum loan repayment term of five years, which can be extremely beneficial in terms of obtaining low EMIs and balancing your finances.

EMI Calculation

Below is a table representing the personal loan 50000 EMI for 5 years, 4 years, 3 years, 2 years, and 1 year at a standard interest rate of 12.99*%pa. So, check it out:

YearPrincipal AmountInterest PayableTotal AmountAvg. Monthly EMIOutstanding Balance
₹ 8,943
₹ 4,710
₹ 13,653
₹ 1,138
₹ 41,057
₹ 8,367
₹ 5,285
₹ 13,652
₹ 1,138
₹ 32,690
₹ 9,522
₹ 4,130
₹ 13,652
₹ 1,138
₹ 23,168
₹ 10,836
₹ 2,816
₹ 13,652
₹ 1,138
₹ 12,332
₹ 12,332
₹ 1,320
₹ 13,652
₹ 1,138
₹ 0

Factors Responsible for ₹50000 Personal Loan Interest Rate

The interest rate for a personal loan of 50,000 typically starts from 12.99*%pa, and the maximum repayment tenure is five years. The final 50000 personal loan interest rate you get depends on factors like your monthly income, employment type, work experience, and age.


The minimum age required to apply for a personal loan is 21 years. However, the maximum age at which a person can apply for an instant personal loan is set to be 58 years. If you’re a younger applicant, your ability to repay the loan will be higher than any old applicant. Thus, a younger applicant gets entitled to a lower interest rate than any older applicant.

Credit Score:

An applicant with a 750 or above credit score is given more priority than other applicants. An individual with such a credit score is more creditworthy, and thus, their chances of getting a personal loan at low-interest rates increase significantly. However, Piramal Finance provides loans with affordable interest rates to people with low credit scores.

Employment Status:

Applicants of a 50k loan working in public sector undertakings and private sector companies or being self-employed with a minimum of one year of business activity are considered eligible for an instant personal loan. Individuals with higher income certainty and job stability are given more priority and offered lower interest rates than others.

Work Experience:

A salaried individual with a minimum of two years of work experience and a self-employed person with at least a year of active business profile is considered highly eligible for a 50000 loan. The more your work experience, the more your capability to repay the loan, and the lesser your interest rate.

Documents Required for Availing of a Personal Loan of Rs. 50000

When applying for a loan of Rs. 50,000, you need to submit some essential documents to validate your ID, address and income. This table outlines all the documents required for availing of a personal loan of Rs. 50,000:

Document TypeFor Self-Employed IndividualsFor Salaried Individuals
Photo ID Proof
Aadhaar card, driving license, passport, pan card, and voter ID
Voter ID card, Pan card, passport, and aadhaar card
Residence Address Proof
Aadhaar card, Passport, Voter ID card, utility bills, driving license
Voter ID card, Passport, aadhaar card, driving license, utility bills
Office Address Proof
GST Registration Certificate
Not Applicable
Income Proof
P/L Account and Balance Sheet for the previous three years, ITRs of the last three years, bank account statement of business account
Bank account statement of salary account, salary slip of the last three months, Form 16

Fees and Charges for Personal Loan of ₹50000

The fees and charges for an instant loan of 50000 at Piramal Finance are more reasonable and competitive than others. Here is a table representing the fees and charges for a personal loan

Features & FeesDetails
Personal Loan Interest Rates12.99%* p.a. onwards
Loan Amount ₹ 25,000 to ₹ 5,00,000
Processing FeesUp to 5% plus applicable taxes
Loan Tenure3 - 60 months tenure
Prepayment Charges ₹ 0
Foreclosure Charges₹ 0
Stamp DutyAt actuals (as per state)
Cheque Bounce Charges₹ 500 plus applicable taxes
EMI Bounce Charges₹ 500 plus applicable taxes
EMI Pickup/Collection Charges₹ 250 per visit plus applicable taxes
Cash Collection Charges1% of collection amount of Rs. 50000 and above in cash + taxes
Change of Loan Repayment Mode₹ 500 plus applicable taxes
Loan Cancellation after DisbursementInterest accrued & due plus applicable taxes
Loan Repayment Schedule (applicable for physical copies only)₹ 500 plus applicable taxes
Change of Loan Repayment Mode₹ 1000 plus applicable taxes

वारंवार विचारलेले प्रश्न

What is the processing time for a Rs 50,000 personal loan?
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Can I get a personal loan of ₹50,000 without any collateral?
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What Credit Score Do I Need For A Rs. 50,000 Loan?
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Can I avail 50000 Loan without Documents?
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Can I get a Rs 50,000 Loan on Aadhar card and PAN card?
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Why choose Piramal Finance for Rs 50,000 Personal Loan?
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