Personal Loan for Travel

₹50 Lakh Personal Loan

Starting at 9.99%* per annum

Minimal Documentation | Quick Approval | 100% Digital Process

Personal Loans are one of the most versatile financing options that you can avail of to fulfil almost any purpose. Right from funding a wedding, higher education, or home renovation to debt consolidation and medical emergencies, this loan can be used to meet various financial requirements without any restrictions.

With Poonawalla Fincorp, you can avail of a Personal Loan of ₹50 Lakh at favourable interest rates through a simple online application process. Since it is an unsecured loan, you don’t need to pledge any asset as collateral or security against the loan amount. Apply now!


At Poonawalla Fincorp, we offer a Personal Loan of ₹50 Lakh at attractive interest rates to make your EMIs affordable. Our Personal Loan interest rates start at 9.99%* p.a. We also levy a reasonable processing fee. You can check the table below to learn more about eth applicable charges on our Personal Loan:

Personal Loan Interest Rates 9.99%* p.a. onwards
Loan Amount ₹1 Lakh to ₹30 Lakh
Loan Processing Fees Up to 2% plus applicable taxes
Lowest EMI Per Month Starting from ₹2,124* per Lakh for 60 months
Loan Tenure 12-60 months
Prepayments/Foreclosure Charges 0%* If paid from own sources & 4% If paid from other sources
Default Interest 3% per month
Repayment Instrument Dishonour Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
Other Hidden Charges Nil

Calculating your Personal Loan EMI in advance is important as it helps you plan your loan repayment better. You can calculate the EMI for a Personal Loan of ₹50 Lakh with the help of our Personal Loan EMI calculator. This is an automatic online tool that makes it easy for you to figure out the monthly instalments on your loan.

To calculate your EMI for a ₹50 Lakh loan, you just need to enter the loan amount, interest rate, and loan tenure. For example, ₹50 Lakh Personal Loan EMI for 5 years at 9.99% will be ₹106,211. Similarly, you can use the Personal Loan EMI calculator to know the loan EMI for different tenures.

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

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

We have kept our Personal Loan eligibility criteria very simple to ensure that people from all walks of life can avail of this loan. The following are the major eligibility criteria:

Age Requirement


Citizenship Status


Monthly Salary Required

Monthly Salary

Employment Required


Work Experience logo

Work Experience

  • Age- At least 24 years of age at the time of loan application and not more than 57 years old.
  • Citizenship- Must hold Indian citizenship.
  • Monthly salary- Should be at least ₹30,000.
  • Employment- A full-time job at a well-reputed company.
  • Work experience- at least one year of work experience and at least 1 month 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 from the past 3 months
  • Employment Proof - Employee ID card and official Email ID

Here are the key features and benefits of a Personal Loan of ₹50 Lakh:

  • 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 Personal Loans at attractive interest rates as low as 9.99%* p.a.
  • Flexible Repayment Tenure: Our 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 a short span of time.

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

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

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Apply Online

Click on ‘Apply Now’ and complete the application form

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Quick approvals

Personal Details

Enter your DOB, qualification, and residential details

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Application Verification


Submit and upload all details for verification and assessment

What is the EMI for ₹50 Lakh loan?

The EMI for a ₹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 can vary if the interest rate and tenure change.

Can I get a ₹50 Lakh loan without collateral?

Yes, you can avail of an unsecured loan for ₹50 Lakh without pledging any collateral.

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

Yes, you can avail of a ₹50 Lakh 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 and submit them with the application form.

Await application assessment and verification before getting the confirmation on loan approval. Once the approved loan amount is confirmed, simply authorize its disbursal directly to your bank account.

What is the processing time for a ₹50 Lakh Personal Loan?

Generally, we process applications promptly and disburse 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?

At Poonawalla Fincorp, we offer a ₹50 Lakh loan at attractive interest rates, starting at just 9.99%* p.a.

*T&C Apply

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