Apply Instant Personal Loan Online Upto Rs. 50 Lakh

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1. Check Eligibility Criteria

Most lenders consider:

  • Age: 21 to 60 years

  • Employment: Salaried or self-employed

  • Minimum income: ₹20,000–₹30,000/month (varies by lender)

  • Credit Score: Preferably 750+ for large loans

  • Location: Metro cities often preferred for high-value loans

 2. Required Documents

Usually minimal and can be uploaded online:

  • PAN Card

  • Aadhaar Card / Address Proof

  • Latest salary slips (3-6 months) or ITR for self-employed

  • Bank statements (last 6 months)

 3. Top Platforms to Apply Online

Here are trusted apps/websites where you can apply instantly:

Platform Loan Range Interest Rate (p.a.) Features
HDFC Bank ₹50,000 to ₹40 lakh+ 10.5%–21% Fast approval for existing customers
ICICI Bank ₹50,000 to ₹50 lakh 10.5%–20.5% Pre-approved loans via net banking
Axis Bank ₹50,000 to ₹40 lakh 10.99% onwards Instant loans for salaried
Bajaj Finserv ₹1 lakh to ₹50 lakh 11%–35% Fast online approval, flexible tenure
MoneyTap ₹5,000 to ₹5 lakh 13%–24% Credit line facility
Navi ₹10,000 to ₹20 lakh 9.9%–36% Instant disbursal in minutes
KreditBee / Paysense / CASHe ₹1,000 to ₹5 lakh 15%–36% Useful for short-term/emergency needs

Tip: Pre-approved customers can get funds disbursed within 5–10 minutes on certain apps (especially private banks or Bajaj Finserv).

 4. Apply Online in 5 Easy Steps

  1. Visit the official website or app of the lender (e.g., HDFC, Navi, Bajaj).

  2. Enter your basic details (PAN, mobile, salary).

  3. Upload documents (eKYC or manual).

  4. Choose loan amount, EMI, and tenure.

  5. E-sign agreement via Aadhaar OTP → Loan gets disbursed instantly to your bank.

 Things to Keep in Mind

  • Check processing fee (0.5%–2.5%)

  • Avoid lenders with hidden charges or poor reviews

  • Read terms and conditions before accepting the offer

  • A strong credit score (750+) helps in getting a larger loan at lower interest

  • Use EMI calculators to estimate repayments

 Sample: EMI on ₹50 Lakh Loan

Tenure Interest (12%) EMI (Approx.)
3 Years 12% ₹1.66 lakh/month
5 Years 12% ₹1.11 lakh/month

Would you like me to compare offers for ₹50 lakh loans from top banks based on your income and city? I can also share a list of pre-approved loan apps or low-interest EMI options.

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