EMIs of ₹50000 Personal Loan for 3-12 Months Tenure
With Zype, the flexibility of borrowing money doesn’t end after you receive the money in your bank account.
Zype’s convenient repayment options help you choose a plan that will best suit your budget so you can manage your finances comfortably. Borrow the money you need now and choose to repay in 3, 6, 9 or 12 EMIs.
This is what your repayment tenure will look like when you take an instant ₹50000 loan at an 18% annual interest rate.
| Loan Amount | Interest Rate | Tenure (in months) | EMI in Rs |
|---|---|---|---|
| Rs 50000 | 18% | 3 | Rs 17169.15 |
| Rs 50000 | 18% | 6 | Rs 8776.26 |
| 18% | 9 | Rs 5980.49 | |
| 18% | 12 | Rs 4584.00 |
Features & Benefits of Choosing a ₹50000 Loan from Loan Lion
A super-fast ₹50000 loan is not all that you get. Here are some more reasons to choose a LoanLion personal loan
Collateral Free Loans
Loanlion personal loans are unsecured. This means you can enjoy the flexibility of borrowing without pledging any of your assets.
Affordable Interest Rate
Get an affordable interest rate on your personal loans that starts at as low as 1.5% interest per month.
Flexible Repayment Options
Choose a repayment plan without worrying about your finances. Borrow the money you need now & pay later in 3, 6, 9 or 12 EMIs.
Instant Approval & Quick Disbursal
After you complete your application, you can get approved for a loan in less than 60 seconds and get the money in your account within 24 hours!
No Documentation or Paperwork
Get a loan without any document uploads or paperwork. All you need to submit is your PAN & Aadhaar number along with some basic details to complete your application.
How to Calculate Your ₹50000 Personal Loan EMI?
Calculating the Personal Loan EMIs before you take a personal loan can help you plan your budget better & even compare offers across various lenders.
Here’s the formula used to calculate EMIs for your ₹50000 loan
E = 50000 x R x (1+R)^N / [(1+R)^N-1], where
E is your personal loan EMI amount
R is the monthly interest rate
N is the no. of months of EMI payment
You can either use this formula or quickly find out your EMIs using Loanlion personal loan EMI calculator.
₹50000 Loan EMI Calculator
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Eligibility Criteria for ₹ 50000 Personal Loan
You can get approved for a ₹50000 personal loan by meeting Loanlion basic eligibility criteria
Age
18 years or above
Citizen of India
Valid PAN & Aadhaar card
Work experience
Salaried individual
Monthly Salary
Monthly income of at least ₹15,000
Documents Required for Getting a Loan up to ₹50000
You can complete your loan application on LoanLion without any document uploads or paperwork & get an emergency loan of ₹50000. You only need these required documents to get approved for a loan
Proof of Photo Identity
After you’re approved for a loan, you will need to do a real-time selfie verification to complete your KYC.
Mandatory Documents
Enter your PAN & Aadhaar number along with a few basic details to complete your application & activate your loan (Physical documents not required)
Proof of Income (Optional)
Want to increase your credit limit? All you need to do is upload your bank statement for the last 4 months & get approved for a higher amount.
Interest Rates on a ₹50000 Personal Loan
| Fees & Charges | Amount Chargeable |
|---|---|
| Interest Rate | Starting at 1.5% (monthly) |
| Loan Processing Charges | Processing fees from 2% to 6% on every loan |
| Penalty on Overdue EMIs | Penal interest and late fees will be charged to your total outstanding loan on a daily basis |