Personal Loan of Rs.50 Lakh
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Apply for a hassle-free Rs. 50 lakh personal loan at an attractive interest rate of 10.5%. Discover the eligibility criteria, documentation requirements, and repayment options available with this loan offer.
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Dream Big, Borrow Bigger – Personal Loan of Rs. 50 Lakhs
Give wings to your financial ambitions with personal loan of Rs. 50 Lakhs. Whether it’s a grand wedding, a dream vacation, or a significant investment, we’re here to turn your aspirations into reality. Step into a world of endless possibilities with hassle-free loan solutions. Elevate your aspirations, dream big, and achieve extraordinarily!
Key Features
Swift Approval: Get your loan approved faster. With swift processing, customer-friendly policies, we are your trusted partner to get your personal loan
Flexible Repayment: Get flexible repayment schedules in a way that it does not impact your monthly expenses
Competitive Interest Rates: Enjoy rates that won’t break your wallet and allow you to lead a comfortable life
No Hidden Charges: Transparency is our policy. You can witness each step transparently during the whole loan process
No Collateral Required: No need to worry about pledging assets – our personal loans are unsecured, putting your mind at ease.
Bank Interest rates for Rs.50 Lakh Personal Loan
| Institution | Interest rates | Loan amount |
| HDFC | From 10.5% | Upto 40 Lakhs |
| Axis Bank | From 10.49%` | Upto 40 Lakhs |
| ICICI bank | 10.75%-19% | Upto 40 Lakhs |
| Bank of Baroda | 10.75% – 18.5% | Upto 5 Lakhs |
| SBI | From 11% | Upto 30 Lakhs |
| IndusInd | From 10.49% | Upto 50 Lakhs |
| Yes Bank | From 10.99% | Upto 40 Lakhs |
| Standard Chartered | From 11.5% | Upto 50 lakhs |
| IDFC | From 10.49% | Upto 50 Lakhs |
| Kotak Mahindra | From 10.99% | Upto 40 Lakhs |
| PNB | From 11.40% | Upto 20 Lakhs |
| Bandhan bank | From 11.55% | Upto 25 Lakhs |
NBFCs Interest rates for 15 Lakh Personal Loan
| Institution | Interest rates | Loan amount |
| Tata Capital | From 10.99% | Upto 35 Lakhs |
| InCred | From 18% | Upto 3 Lakhs |
| Finnable | From 16% | Upto 10 Lakhs |
| PaySense | From 16.8% | Upto 5 Lakhs |
| Poonawalla | From 9.99% | Upto 30 Lakhs |
| Fullerton | From 11.99% | Upto 25 Lakhs |
| LendingKart | From 12% | Upto 3 Lakhs |
| Axis Finance | From 13% | Upto 25 Lakhs |
| L&T Finance | From 12% | Upto 7 Lakhs |
| Mahindra Finance | From 10.99% | Upto 10 Lakhs |
| Aditya Birla | From 11.99% | Upto 50 Lakhs |
| Bajaj Finance | From 11% | Upto 50 Lakhs |
Rs.50 Lakh Personal Loan EMI for up to 5 Years
Loan Amount: Rs.50 Lakh
ROI: 10.5%
| Tenure | EMI amount at Interest rate of 10.5% |
| 1 year | Rs. 440743 |
2 years | Rs. 231880 |
3 years | Rs. 162512 |
4 years | Rs. 128016 |
5 years | Rs. 107469 |
6 years | Rs. 93894 |
7 years | Rs. 84303 |
Eligibility Criteria for Personal Loan of 50 Lakh
- Age: 21 to 60 years
- Employment: Salaried or self-employed with a stable source of income
- Credit Score: A healthy credit score increases your chances of approval. Typically banks expect a a credit score of 750 and above
- Annual Income: It should match with the amount set by bank which you want to apply
- Longevity: For self-employed, Your business should be running for at least 2 years
Documents Required for Personal Loan of 50 Lakh
- Identity proof (Aadhar card, passport, or driving license)
- Address proof (utility bills or rental agreement)
- Income proof (salary slips or income tax returns)
- Passport-sized photographs
- Bank statements for the last 3-6 months, IT Returns, Employment proof
- Certificate of Incorporation, Certificate of Registration
- Duly filled application form
Why Apply with Us?
Transparent Process: We believe in clear communication and transparency throughout the loan application and approval process.
Customer-Centric Approach: Our customer service is dedicated to ensuring a smooth and pleasant experience, assisting you at every step.
Competitive Interest Rates: Benefit from competitive interest rates, ensuring you get the best deal for your personal loan.
Break free from financial constraints with personal loan of Rs. 50 Lakhs. Visit Fincover.com for a hassle-free process, competitive interest rates, and a customer-centric approach. Apply now and transform your aspirations into achievements effortlessly!
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