Personal Loan for Travel

₹50 Lakh Personal Loan

Starting at 9.99%* per annum

Minimal Documentation | Quick Approval | 100% Digital Process

Poonawalla Fincorp’s Personal Loan is one of the most versatile types of financing instruments. Right from funding marriage, higher education, and home renovation to debt consolidation and medical emergencies, this loan can be used to meet your various financial requirements without any restrictions. Since it is an unsecured loan, you don’t need to pledge any collateral to secure a loan. Also, you don’t need to worry about repaying your loan as you can easily repay through affordable EMIs that too at attractive interest rates for a tenure of up to 5 years. You can easily apply for up to ₹50 Lakh Loan and complete the loan application online within a few minutes as we offer paperless Personal Loan with speedy disbursals.


At Poonawalla Fincorp, we offer a ₹50 Lakh Personal Loan at an attractive interest rate to make your EMIs affordable. Our Personal Loan interest rates start at 9.99%* p.a. for a loan tenure of up to 5 years, which means you can get EMI as low as ₹2124* per month for 60 months. In addition to the attractive interest rates, we also levy a reasonable processing fee. Foreclosure charges will be applicable in case of prepayment or foreclosure of the loan. If you compare Poonawalla Fincorp’s Personal Loan interest rates and other charges with other lenders, you will find our fees and charges are among the most competitive in the market. We do not levy any hidden charges because we are transparent about the fees & charges that apply to a ₹50 Lakh Loan

Personal Loan Interest Rates 9.99%* p.a. onwards
Loan Amount ₹1 Lakh to ₹50 Lakh
Loan Processing Fees Up to 2% plus applicable taxes
Lowest EMI Per Month Starting from ₹2124* per month for 60 months
Loan Tenure 12-60 months
Prepayment/Foreclosure Charges Zero*
Late Payment Charges 2% per month
Cheque Bounce Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges

Calculating the EMI in advance is important as it helps you plan your loan and repayment better. You can calculate the EMI for ₹50 Lakh loan either manually or with the help of the Loan EMI calculator. However, manual calculations are time-taking and leave room for error. To avoid such errors, you can use Poonawalla Fincorp’s ₹50 Lakh Personal Loan EMI calculator. This is an automatic online tool that makes it easy for you to figure out the monthly installments on your loan. To calculate your EMI for ₹50 Lakh loan, you just need to enter the loan amount, interest rate, and loan tenure, and your EMI is instantly displayed.

Hence, the EMI for ₹50 Lakh loan will depend on the interest rate and the chosen repayment tenure. For example, ₹50 Lakh Personal Loan EMI for 5 years at 9.99% will be ₹106,211. Similarly, you can use the ₹50 Lakh Personal Loan EMI calculator to know the loan EMI for different loan tenures.

Following is the table for ₹50 Lakh loan EMI at an interest rate of 9.99% for up to 5 years tenure:

Tenure EMI at a 9.99% interest rate
2 years ₹230,702/month
3 years ₹161,312/month
4 years ₹126,789/month
5 years ₹106,211/month

Getting a Personal Loan from Poonawalla Fincorp is very easy as we have kept our Personal Loan eligibility criteria very simple so that a maximum number of people can benefit. The following are the major eligibility criteria:

Age Requirement


Citizenship Status


Monthly Salary Required

Monthly salary

Employment Required


Work Experience logo

Work experience

  • Age- not less than 24 years of age at the time of loan application and not more than 58 years at the time of loan maturity.
  • Citizenship- must hold Indian citizenship
  • Monthly salary- not less than ₹40,000
  • Employment- a full-time job at a well-reputed company.
  • Work experience- at least two years of work experience and at least 6 months of stable employment with your current employer.

The shorter the document list for getting a Personal Loan, the easier is the loan application process. Hence, we have kept our documentation requirements very minimal. You just need to provide the following documents to apply for a ₹50 Lakh loan:

  • KYC Documents

    KYC documents

  • Income Proof

    Address proof

  • Address Proof

    Income documents

  • Proof of Employment

    Financial documents

  • Address Proof

    Employment proof

  • KYC documents - Aadhaar Card / PAN Card
  • Address proof - Rent agreement/passport/utility bills
  • Income documents - Latest salary slip
  • Financial documents - Salary account statement for the past 3 months
  • Employment proof - Employee ID card and official Email ID confirmation

Here are the key features and benefits of a Personal Loan:

  • Minimal documentation

    No Collateral Required

  • Online application process

    High Loan Amount

  • Collateral-free quick loans

    Attractive Interest Rates

  • No hidden charges

    Flexible Repayment Tenure

  • No penalties on foreclosure and prepayment

    Online Application Process

  • Instant disbursal

    Quick Loan Disbursal

  • No Collateral Required: Personal Loan is an unsecured loan, and you can get it without any collateral.
  • High Loan Amount: You can avail of a high loan amount of up to ₹50 Lakh to cover your various financial requirements without any restrictions.
  • Attractive Interest Rates: We offer a loan at attractive interest rates as low as 9.99%* p.a. to lower the EMI burden.
  • Flexible Repayment Tenure: Personal loan tenure ranges from 12 months to 60 months. You can choose the preferred loan tenure as per your repayment capacity.
  • Online Application Process: We have simplified the Personal Loan application process. You can apply for a ₹50 Lakh Loan online in just a few clicks.
  • Quick Loan Disbursal: We disburse Personal Loans within 24 hours of loan approval.

To apply for a ₹50 Lakh loan, you just have to follow these steps:

Step 1: Visit our official website.
Step 2: Fill in the loan application with your details
Step 3: Upload all necessary documents
Step 4: Once you upload the documents, they will be verified by our loan expert
Step 5: On successful verification, your loan application will be approved
Step 6: The loan will be disbursed directly to your bank account

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Apply Online

Click on Apply Now and fill in the complete application.

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Quick approvals

Personal Details

Enter your DOB, qualification and residential details

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Application Verification


Application will then proceed for verification and assessment

What is the EMI for ₹50 Lakh loan?

The EMI for ₹50 Lakh loan will depend on the interest rate and the chosen repayment tenure. For example, ₹50 Lakh Personal Loan EMI for 5 years at 9.99% will be ₹106,211. This amount will change as the interest rate and tenure change.

Can I get a ₹50 Lakh loan without collateral?

Yes, you can avail of a loan for ₹50 Lakh without pledging any collateral since it’s an unsecured loan.

Am I eligible to borrow a sum of ₹50 Lakh from Poonawalla Fincorp?

Yes, you can avail of up to ₹50 Lakh Personal Loan from Poonawalla Fincorp, provided you meet our eligibility criteria and have a good credit score.

How to apply for a Personal Loan of ₹50 Lakh?

To apply for a ₹50 Lakh loan from Poonawalla Fincorp, follow these steps:

  • Step 1: Click on the “Apply Now” button on our website.
  • Step 2: Fill up the application form with the required details.
  • Step 3: Upload the required documents.
  • Step 4: Await application assessment.
  • Step 5: Get confirmation on loan approval.
  • Step 6: Approve & authorize Personal Loan online disbursal.
What is the processing time for a ₹50 Lakh Personal Loan?

Generally, we process applications promptly and send approved loan amounts almost instantly, provided you meet our eligibility criteria and submit the necessary documents.

What is the interest rate for ₹50 Lakh loan?

We, at Poonawalla Fincorp, offer a ₹50 Lakh Personal Loan at an attractive interest rate as low as 9.99%* p.a. to lower the EMI burden.

*T&C Apply

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