Are you also planning to buy a new home but facing a shortage of funds? Bikesh Finserv is offering a ₹50 lakh personal loan at a very low interest rate with up to 100% cashback on processing fees. Apply today! Now you can compare the best ₹50 lakh personal loan offers from 30+ banks and NBFCs and complete your online personal loan application from start to finish without visiting a branch.
Loan amount
₹50,00,000
Starting rate
9.99% p.a.
Disbursal
Within 24 hours
Get ₹50,00,000 Loan at 9.99%* p.a.
Compare offers from 30+ banks and NBFCs
Fully digital process — start to finish online
Disbursal within 24 hours
Your EMI will be
₹1,07,470
Total Interest Payable
₹14,48,170
Total Amount Payable
₹64,48,170
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Rates, fees, and disbursal timelines are indicative and may vary by lender, profile, and loan amount. *Terms & conditions apply.
| Feature | Details |
|---|---|
| Loan Amount | Rs. 5,000,000 |
| Interest Rate | 9.99% – 44% p.a.* |
| Repayment Tenure | 12 – 84 months |
| Processing Fee | 0.5% – 4% of loan amount* |
| Disbursal Time | Within 24 hours |
| CIBIL Score Required | 750+ (for best rates) |
| Collateral Required | None |
| Minimum Salary | Rs. 130,000-150,000 per month* |
| Prepayment Charges | 0% – 5% |
| Bank/NBFC | Interest Rates (% p.a.) | Processing Fees |
|---|---|---|
| Aditya Birla Capital | 10.99 onwards | Up to 4% |
| Axis Bank | 10.49 onwards* | Up to 2% |
| Bank of Baroda | 10.15 – 18.00 | Up to 2% (Max. Rs. 10,000) |
| Bajaj Finance Limited | 11.00 – 35.00 | Up to 3.93% |
| HDFC Bank | 10.50 onwards | Up to Rs. 4,999 |
| ICICI Bank | 10.65 onwards | Up to 2% |
| Kotak Mahindra Bank | 10.99 onwards | Up to 2.5% |
| IDFC First Bank | 11.00 onwards | Up to 2% |
| IndusInd Bank | 11.25 onwards | Up to 2% |
| Yes Bank | 11.75 onwards | Up to 2.5% |
| Tata Capital | 11.50 onwards | Up to 3% |
| L&T Finance | 12.00 onwards | Up to 3% |
| Poonawalla Fincorp | 12.50 onwards | Up to 3.5% |
| Piramal Finance | 12.99 onwards | Up to 3% |
| InCred Finance | 13.00 onwards | Up to 4% |
| SMFG India Credit | 12.75 onwards | Up to 3% |
| Finnable | 13.50 onwards | Up to 4% |
*Bikesh Finserv special rates
Note: Rates as of 6th June 2026
Explore personal loans by amount
Explore personal loans by amount
Rs. 50 lakh is a large sum that can address a wide range of financial needs, both planned and unplanned. Here are the most common purposes for which borrowers apply for a personal loan of 50 lakh:
Since a 50 lakh personal loan without collateral is unsecured and usage is unrestricted, you have the freedom to allocate funds across multiple needs simultaneously, something a purpose-specific loan (like a home loan or education loan) does not permit.
For a Rs. 50 lakh personal loan, your EMI depends on the interest rate and loan tenure you choose. Use Bikesh Finserv's EMI calculator to get better and accurate information.
| Loan Amount (Rs.) | Interest Rate (p.a.) | Tenure | EMI (Rs.) | Interest Cost (Rs.) |
|---|---|---|---|---|
| 50 lakh | 9.99% | 5 years | 106,211 | 1,372,637 |
| 50 lakh | 12% | 5 years | 111,222 | 1,673,334 |
| 50 lakh | 15% | 5 years | 118,950 | 2,136,979 |
| 50 lakh | 18% | 5 years | 126,967 | 2,618,028 |
Quick Tip: A shorter repayment tenure means higher EMIs but lower total interest paid. A longer tenure reduces your monthly burden but increases the overall cost of the loan.
Are you eligible for a ₹50 lakh personal loan? Here is a quick comparision
A 50 lakh personal loan for salaried employees and a loan for self-employed professionals operate differently. Depending on your type of income, different eligibility requirements, interest rates, and repayment terms apply. Here's a quick comparison:
| Aspect | Salaried | Self-employed |
|---|---|---|
| Credit Risk | Low | Relatively higher |
| Availability | Easy for stable-income individuals | Challenging for variable-income individuals |
| Interest Rates | Lower rates | Slightly higher rates |
| Pre-Approved Offers | Commonly available | May not be available |
| Lender Coverage | All banks & NBFCs | Fewer lenders (higher ticket size narrows options further) |
| Minimum Income Proof | 3 months' salary slips | 2–3 years' ITR + bank statements |
Tip: Whether you are salaried or self-employed, Bikesh Finserv helps you find the right lender who matches your financial profile.
If you are not fully confident about your current 50 lakh personal loan eligibility, here are the key requirements to enhance your eligibility criteria for a Rs. 50 lakh personal loan.
Always keep the following documents ready before you apply for a ₹50 lakh personal loan:
The 50 lakh loan interest rate typically starts from 9.99% p.a. you should always compare multiple lenders before applying. Your 50 lakh personal loan interest rate is determined by a combination of the following factors:
Quick tip: The best way to find your actual rate is to check ongoing offers through Bikesh Finserv, and doing so does not affect your credit score
Yes, it is possible to avail a personal loan of Rs. 50 lakh with a low CIBIL score. Applicants having a credit score below 750 can also get their personal loans approved through Bikesh Finserv. However, these applicants with a lower credit score are usually considered credit risky by lenders and may not get the best offers.
Most top private and public sector banks usually reject the loan applications of individuals with a low credit score. However, many NBFCs and fintech lenders are open to offering personal loans to individuals with a low credit score — though the interest rates offered are typically higher.
Got questions?
The selected tenure and interest rate determine the EMI. The EMI is roughly Rs. 106,211 at 9.99% p.a. for five years. It is roughly Rs. 111,222 at 12% for the same tenure.
For salaried applicants, most lenders demand a higher minimum monthly income of minimum Rs.130,000-Rs.300,000.* (NOTE: However it depends upon the lenders; contact Bikesh finserv for latest update.)
There are typically no prepayment fees associated with floating-rate loans. At the time of foreclosure, fixed-rate loans may impose fees ranging from 2% to 5% on the remaining principal.
Funds can be credited to pre-approved clients in less than a day.
Depending on the lender, credit score, income, and employer category, rates normally vary from 9.99% to 44% annually. The best rates are typically available to applicants with CIBIL scores of 750 or higher.
Compare offers, check eligibility, and get funds for your Rs. 50 lakh personal loan.
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