Personal Loans Up to ₹50 Lakhs

Compare offers from top lenders and calculate your EMI in seconds.

Instant Approval
Minimal Documentation
Low Interest Rates
100% Secure
Personal Loan EMI Calculator
₹50,000₹50,00,000
Min 10%Max 30%
Min 12 monthsMax 36 months
Monthly EMI
₹1,03,996
Interest Payable
₹7,43,855

Best Personal Loan Offers from Top Lenders

Compare the rates and features of leading banks and NBFCs

*Interest rates as of January 2026. Depending on your credit profile, your rate may differ

Most Popular
HDFC Bank

Interest Rate

9.9% - 24.0%

Max Amount

₹50 Lakhs

Tenure

84 months

Processing Fee

Up to 2%

Key Features:

Pre-approved Offers100% Digital Process10 Second Disbursal
Most Popular
ICICI Bank

Interest Rate

10.4% - 17.0%

Max Amount

₹50 Lakhs

Tenure

60 months

Processing Fee

Up to 2%

Key Features:

3 Second DisbursalOverdraft FacilityTop-up Loans
Axis Bank

Interest Rate

9.9% - 22.0%

Max Amount

₹40 Lakhs

Tenure

84 months

Processing Fee

Up to 2%

Key Features:

Digital ProcessingInstant ApprovalPre-qualified Offers
Kotak Mahindra Bank

Interest Rate

10.9% - 30.0%

Max Amount

₹35 Lakhs

Tenure

72 months

Processing Fee

1.1% to 1.5%

Key Features:

Balance TransferOverdraft FacilityTop-up Loans
IndusInd Bank

Interest Rate

12.0% - 21.0%

Max Amount

₹50 Lakhs

Tenure

48 months

Processing Fee

1.3% - 2%

Key Features:

Multiple Loan VariantsQuick ProcessingInstant Loans
IDFC FIRST Bank

Interest Rate

9.9% - 38.0%

Max Amount

₹50 Lakhs

Tenure

60 months

Processing Fee

Up to 2%

Key Features:

100% Digital ProcessQuick DisbursalFlexible Tenure
Bandhan Bank

Interest Rate

9.4% - 20.9%

Max Amount

₹25 Lakhs

Tenure

60 months

Processing Fee

Up to 2%

Key Features:

Quick ProcessingDigital ApplicationFlexible Tenure
Standard Chartered

Interest Rate

10.2% - 23%

Max Amount

₹50 Lakhs

Tenure

60 months

Processing Fee

2.25%

Key Features:

Flexible EligibilityFast ApprovalOnline Application
Yes Bank

Interest Rate

12.0% - 21.0%

Max Amount

₹50 Lakhs

Tenure

72 months

Processing Fee

1.5% to 2.25%

Key Features:

Quick ProcessingDigital ApplicationFlexible Tenure
CSB Bank

Interest Rate

11.7% - 21.0%

Max Amount

₹40 Lakhs

Tenure

60 months

Processing Fee

Depends

Key Features:

Quick ProcessingTransparent PricingFlexible Tenure
SBI Bank

Interest Rate

10.3% - 15.3%

Max Amount

₹30 Lakhs

Tenure

72 months

Processing Fee

1.50%

Key Features:

Wide EligibilityCompetitive RatesFlexible Tenure
Canara Bank

Interest Rate

10.7% - 16.1%

Max Amount

₹30 Lakhs

Tenure

60 months

Processing Fee

0.50%

Key Features:

Competitive RatesFast ProcessingFlexible Tenure
RBL Bank

Interest Rate

18.0%

Max Amount

₹20 Lakhs

Tenure

60 months

Processing Fee

Up to 2%

Key Features:

Quick ProcessingDigital ApplicationFlexible Tenure
Tata Capital Limited

Interest Rate

11.9% - 13.9%

Max Amount

₹35 Lakhs

Tenure

60 months

Processing Fee

1% - 1.25%

Key Features:

Fast ApprovalDigital ApplicationFlexible Tenure
Federal Bank

Interest Rate

12.0% - 19.5%

Max Amount

₹5 Lakhs

Tenure

60 months

Processing Fee

Up to 2%

Key Features:

Quick ProcessingDigital ApplicationFlexible Tenure

Why Choose Personal Loans from PaisaOne?

Instant Approval

Get your loan approved within minutes, easy and stress-free.

Minimal Documentation

Hassle-free with only essential documents.

Low Interest Rates

Enjoy rates starting at just 9.47%* p.a. with competitive interest rates and flexible tenure.

100% Secure

Safeguarding your information with SSL encryption & bank-grade data security.

What is a Personal Loan?

Lenders, such as banks, credit unions, or online lenders, issue personal loans to borrowers. Personal loans require a certain amount of eligibility. They can be used for almost anything, from home renovations to large purchases. To get the personal loan approved, you must meet the lender's eligibility requirements. The loan must be repaid by regular payments, which include interest, over a certain period of time.

No collateral or security required
Quick approval and fast disbursal
Fixed EMIs for better financial planning
Personal Loan

Choose a loan type that is right for you

Flexible usage for all your financial needs

Compare on PaisaOne

Compare rates, tentative EMIs, maximum loan amounts, expected disbursement times, and required documents of each offer.

Check offers from banks/ NBFCs you already bank with

Check with existing lenders to see if you can get better rates or lower processing fees by using your existing accounts (e.g. salary/savings account, FD, credit card).

Compare total cost, not just the interest rate

Confirm processing fees, foreclosure lock-ins, part-prepayment rules, and all penalties, including late payment, cheque/mandate bounces and ECS returns.

Choose what fits your needs and repayment capacity

To reduce the interest outgo, choose the shortest tenure you can afford. Leave room for emergencies. Look for lenders that allow part-prepayment for free or at a low cost.

Personal Loan Eligibility Criteria

Find out if you qualify for a personal loan

Criteria

Age
Minimum Salary
Work Experience
Credit Score
Employment Type

Salaried Individuals

21-60 Years
₹15,000 per month
At least 1 year
650+ (750+ preferred)
Government/PSU/MNC/Corporate

Types of Personal Loans

Choose a loan type that is right for you

Personal loan for wedding

Personal loans for wedding expenses, instant approval, flexible amounts ₹1L-₹10L+, competitive rates. Fund your dream wedding instantly, no collateral, quick disbursal.

Personal loan for travel

Get instant personal loans for travel & vacation, affordable rates, flexible terms, quick approval. Fund your dream trip instantly, no collateral needed, soft inquiry protects CIBIL.

Personal loan for medical emergency

Fast personal loans for medical emergencies, instant approval, funds within 24 hours. Cover hospital bills, treatments, surgeries immediately. Minimal documentation, flexible repayment.

Personal loan for education

Affordable personal loans for education, low interest rates, flexible tenure, fast processing. Fund higher studies, certifications, tuition fees without hassle. No collateral required.

Personal loan for occasion

Personal loans for special occasions, family events, celebrations. Quick funds, easy approval, competitive interest rates. Celebrate without financial worry, flexible repayment terms.

Personal loan for relocation

Instant personal loans for relocation, moving expenses, rent deposits. Quick approval, fast disbursal, smooth transition. Cover moving costs easily with flexible repayment options.

Documents Required for Personal Loan

Quick approval with minimal paperwork

Identity Proof

PAN Card
Aadhaar Card
Passport
Voter ID Card
Driving License

Address Proof

Aadhaar Card
Passport
Utility Bills
Rent Agreement
Bank Passbook

Income Proof

Salary Slips (3 months)
Bank Statements (6 months)
Form 16
Employment Certificate

Types of Personal Loans

Choose a loan type that is right for you

Personal Loan Bank Transfer

Get a better interest rate and terms on your current loan by transferring it to a new lender.

Key Benefits:
Lower Interest Rates
Extended Tenure
Top-up Facility
Better Service

Top-up Personal Loan

Extra financial assistance over your existing personal loan.

Key Benefits:
Lower Processing Fee
Quick Approval
Flexible Usage
Competitive Rates

Short-term Personal Loan

Short-term loans for immediate financial needs.

Key Benefits:
Lower Interest Cost
Quick Repayment
Flexible Terms
Fast Processing

Features and Benefits of Personal Loans

Your one-stop platform for quick and easy online loans

Collateral-free Loan

Get easy approval for personal loans without pledging any assets

No End-use Restriction

 Personal loans can be used for any purpose and require no collateral.

Quick Disbursals

Money in your bank account within 24 - 48 hours

Competitive Interest Rates

Fast personal loans online with interest rates from 9.47%* p.a

Minimal Documentation

Get a personal loan online with just KYC & income documents

Flexible Tenure

Choose a repayment tenure between 12 and 84 months

Personal Loan EMI Calculator

Calculate your monthly repayment, compare options, and plan your finances for a stress-free borrowing experience with our Personal Loan EMI calculator.

Personal Loan EMI Calculator

Loan Amount (₹)
₹50K
₹2cr
Interest Rate (% per annum)
8%
30%
Loan Tenure (Years)
1 Year
30 Years

EMI Calculation Results

Rate of Interest
Principle Amount
₹2,69,870
Monthly EMI
₹3,23,84,399
Total Amount Payable
₹1,23,84,399
Total Interest

EMI Breakdown

Principal Amount
₹2,00,00,000
Total Interest
₹1,23,84,399
Total Amount
₹3,23,84,399

FAQs

Find answers to your personal loan questions

The maximum loan amount depends on your monthly income. In India, some lenders offer loans up to Rs 1 crore.

If you receive extra funds, you can pay them toward your loan before your EMIs are due. This is called prepayment. Each prepayment reduces your outstanding principal.

Most banks require a CIBIL score above 720 to approve a personal loan. If your score is lower, your application may be rejected or approved at a higher interest rate.

A personal loan is designed to meet immediate financial needs, such as travel, marriage, purchasing appliances, or other expenses. You can compare loan options from different banks and apply for the one that best suits your requirements.

When you apply for a personal loan, the lender reviews and approves your application. The approved amount is then disbursed to your bank account. You repay the loan through EMIs over the agreed tenure.

If your personal loan application is rejected, it is usually due to a low credit score or not meeting eligibility criteria. Improving your credit score and meeting the criteria can increase your chances of approval.

A personal loan can be used for holidays, starting a small business, purchasing consumer goods or a vehicle, paying friends or family, covering medical bills, or consolidating debt.

A pre-approved loan allows existing customers with a strong repayment record to apply without submitting documents or undergoing verification, due to their established relationship with the bank.

This depends on your lender. Some lenders charge you a fixed fee per prepayment, while others charge a percentage of the outstanding or prepaid amount.

Yes, lenders have specific terms for personal loan foreclosures. Typically, pre-closure is allowed after 12 EMIs, with a foreclosure charge and GST applied to the outstanding amount.

Minimum salary requirements vary by lender. Most require at least Rs 15,000 per month, while those in metropolitan cities may need to earn between Rs 20,000 and Rs 25,000.

Most lenders allow pre-payments or pre-closure during the loan term, usually after one year. A nominal fee may apply. Inform your lender if you wish to prepay or pre-close your loan.

Some lenders charge a fee for partial prepayment, while others may waive the fee or not charge for prepayment.

A bank can reject your personal loan application if you apply for a loan for which you are not eligible. It can also reject your application if you fail to submit the documents it requires.

Paisaone provides a tracking tool via email and SMS, allowing applicants to receive daily updates on their loan application status.

If you miss an EMI payment, the bank charges penal interest on the overdue amount, typically 2% to 3% per month.

It could be hard to get a traditional personal loan from a bank with a poor credit score and no checking account. However, certain lenders offer types of personal loans, such as payday loans, for those with a poor credit score. That said, the interest charged will be quite high.

Over your EMI, after a certain period following the disbursement of the loan, you can make a part-payment towards the loan. After a certain period, you can make part-payments in addition to your EMI. These payments reduce your outstanding principal.