Get a Personal Loan of up to ₹10 Lakh | Disbursal in 24 Hours
Want to pay off your credit card bills? A ₹50,000 personal loan is a great option for debt consolidation. If you cannot pay your credit card bills within a few months, you can always repay them with a personal loan.
Watch Video🎥: Should I Take a Personal Loan to Pay Off My Credit Card Dues?
Applying for and getting a ₹50,000 personal loan through Moneyview is very simple. It needs minimal documentation and can be completed from the comfort of your home. Let’s learn more about the application process, features, and benefits of personal loans.
We at Moneyview, facilitate the application of flexible and instant loans ranging from ₹5,000 to ₹10 Lakh in minutes.
Additionally, personal loans through Moneyview have a hassle-free application process, attract low interest rates, and come with flexible repayment tenures. Read ahead to learn more about it!
On the Moneyview website, you can check your eligibility in minutes and apply for a loan right from your phone.
News Update
The Reserve Bank of India (RBI) has introduced new norms for both borrowers and banks, enabling lenders to adjust loan pricing in response to changes in a borrower’s risk profile during the loan tenure. Under the revised rules, banks can reduce interest spreads if a borrower’s credit score improves, potentially lowering EMIs or the cost of credit over time.
As reported by The Times of India on September 29, 2025
Faster Eligibility Checks
Check your eligibility on the Moneyview website in just 2 minutes
Affordable Interest Rates
Through Moneyview, you can get loans at interest rates starting from 14% p.a.
Tailored Loan Amount
Get personal loans from ₹5,000 to ₹10 Lakh based on your requirements and eligibility
Collateral Free Loans
No need to arrange for assets or guarantors as these loans are unsecured
You can check your eligibility for a personal loan through Moneyview in just 2 minutes. The eligibility criteria to apply for an instant personal loan through Moneyview are -
Applicants must be between the ages of 21 and 57
Individuals must earn a monthly income of ₹25,000 or more, self-employed or salaried
The earned income must be credited directly to the applicant’s bank account
The applicants must have a minimum CIBIL score of 650
The documentation process for getting an instant loan of ₹50,000 from Moneyview is very simple. All you have to do is -
Confirm or enter your PAN number
Ensure that your mobile number is linked to your Aadhaar card for KYC verification
Provide a clear selfie taken in a well-lit area
Please note that the documentation requirements will vary based on your profile. You may be required to upload proof of address, bank statement, and other supporting documents.
In case you are required to upload proof of address, any one of the following documents will suffice -
Aadhaar Card
Valid Indian Passport
Valid Voter ID
Valid Driver’s License
Utility Bills (Electricity, Water, Gas) dated within the last 60 days
If you are required to upload proof of income, you must furnish your bank statement for the last three months. This statement must also show your salary credits.
Also Read: How to Get a 50,000 Loan on an Aadhaar Card
There are many ways to procure ₹50,000. Let’s compare them -
|
Source |
Pros and Cons |
|---|---|
|
Bank |
|
|
Credit Card Loan |
|
|
Instant Personal Loan App Moneyview |
|
Loan Amount
Min ₹5,000
Max ₹6,000,000
Rate of Interest
Min 6%
Max 36%
Loan Tenure
5
months
Min 3 months
Max 72 months
The EMI amount you pay decides your monthly budget. Thanks to the Moneyview personal loan EMI calculator, you can easily find out how much EMI you may have to pay each month.
For example, if you took a personal loan of ₹50,000 at an 18% interest rate per annum, here is what your EMI could look like for different repayment terms -
|
Loan Amount |
Interest Rate (p.a.) |
Tenure (in months) |
EMI (in ₹) |
Total Interest Payable (in ₹) |
Total Amount Payable (in ₹) |
|---|---|---|---|---|---|
|
₹50,000 |
18% |
3 |
17,169 |
1,507 |
51,507 |
|
6 |
8,776 |
2,658 |
52,658 |
||
|
12 |
4,584 |
5,008 |
55,008 |
||
|
24 |
2,496 |
9,909 |
59,909 |
||
|
36 |
1,808 |
15,074 |
65,074 |
||
|
48 |
1,469 |
20,500 |
70,500 |
||
|
60 |
1,270 |
26,180 |
76,180 |
The rates of personal loans from Moneyview are competitive and among the most reasonable in the market. Take a look at Moneyview’s lending partners’ charges listed below -
|
Fees and Charges |
Amount Chargeable |
|---|---|
|
Interest Rate |
Starting from 14% per annum |
|
Loan Processing Charges |
Starting from 2% of the loan amount |
|
Penal Charges on Overdue EMI |
24% per annum plus applicable taxes, if any |
|
NACH Bounce |
₹500/- each time |
|
Loan Cancellation |
You can cancel your loan anytime before the disbursal. However, if you want to cancel the loan after it has been disbursed, you can do so within 3 days of loan disbursement. |
Amortization refers to paying regular instalments over a period to clear your loan. Each payment includes the interest and principal amount, which helps lower the outstanding balance.
An amortization schedule or table shows each payment, detailing how much goes toward interest and how much reduces the principal. Let's look at the example of a ₹50,000 loan for a tenure of 12 months at an interest rate of 18% -
|
Payment Month |
EMI (Interest + Principal) |
Interest |
Principal |
Balance |
|---|---|---|---|---|
|
0 |
|
|
|
₹50,000 |
|
1st Month |
₹4,584 |
₹750 |
₹3,834 |
₹46,166 |
|
2nd Month |
₹4,584 |
₹692.49 |
₹3,891.51 |
₹42,274.49 |
|
3rd Month |
₹4,584 |
₹634.12 |
₹3,949.88 |
₹38,324.61 |
|
4th Month |
₹4,584 |
₹574.87 |
₹4,009.13 |
₹34,315.48 |
|
5th Month |
₹4,584 |
₹514.73 |
₹4,069.27 |
₹30,246.21 |
|
6th Month |
₹4,584 |
₹453.69 |
₹4,130.31 |
₹26,115.90 |
|
7th Month |
₹4,584 |
₹391.74 |
₹4,192.26 |
₹21,923.64 |
|
8th Month |
₹4,584 |
₹328.85 |
₹4,255.15 |
₹17,668.50 |
|
9th Month |
₹4,584 |
₹265.03 |
₹4,318.97 |
₹13,349.53 |
|
10th Month |
₹4,584 |
₹200.24 |
₹4,383.76 |
₹8,965.77 |
|
11th Month |
₹4,584 |
₹134.49 |
₹4,449.51 |
₹4,516.26 |
|
12th Month |
₹4,584 |
₹67.74 |
₹4,516.26 |
0 |
Loan purpose indicates the reason a borrower wants to borrow money. Some lenders use this information to match borrowers with the appropriate loan products, while others use it to assess risk and assign interest rates.
There are numerous reasons why you might want to consider getting a personal loan, including -
An emergency loan can offer you a helpful financial lifeline if you need to cover bills right now and cannot wait until your next payday.
By consolidating your high-interest credit card debt into a personal loan, you can save money on interest payments.
A personal loan can help you pay for fertility treatments, adoption expenses, or hospital bills that accompany pregnancy. A personal loan can also be used to cover needs after your child comes home, but it is best suited for fixed costs.
The additional cost of higher education can dampen your spirits. An instant personal loan can help you make your education dreams come true.
A personal loan can assist in funding a large purchase to improve your quality of life. You can also use a personal loan to spread out the costs of large purchases that would otherwise deplete your savings accounts.
A home improvement loan from Moneyview can finance the repairs or renovation of your home. Take a personal loan of ₹50,000 or more to improve your home and repay it easily through monthly installments.
Weddings are costly affairs. A personal loan of ₹50,000 can help cover a few expenses and save you from spending from your pocket.
A ₹50,000 instant personal loan from Moneyview is the wisest way to fund your travel dreams without burning your pockets.
1
Check Eligibility
Visit the Moneyview website or download the app. Provide all of the required information, and find your eligibility in just 2 minutes
2
Select Loan Tenure
Based on your eligibility, you have to choose the loan amount and repayment term from the options provided
3
Upload Documents
Upload all necessary documents online for verification quickly and easily
4
Amount Disbursed
Once your loan documents are verified and the loan agreement submitted, the money will be in your account within 24 hours, in most cases
Get Funds in Your Account in Minutes
A ₹50,000 loan is not considered a small-ticket loan. Here is how it compares to other popular loan amounts -
₹5,000 Loan: Often referred to as a starter loan. It can be used to build your credit score or to use during emergencies. This can also be used to build credibility for bigger loans in the future.
₹10,000 Loan: This loan amount is ideal for buying a new phone, or using as emergency cash to be used on travel, etc.
₹20,000 Loan: This loan will have small EMIs and can be used for shopping, travel, or wedding expenses.
₹25,000 Loan: You can opt for a loan of ₹25,000 to buy your dream wedding outfit! This loan can also help you with small home repairs, childrens’ education, etc.
₹30,000 Loan: You can consider taking such an amount on loan if you have specific plans like home renovation, credit card debt consolidation, travel funds, etc.
There is no restriction on what you can use the funds from a personal loan for. Thus a personal loan can be handy while dealing with a medical emergency, a wedding, or to fund your dream vacation.
Through Moneyview, you can avail of a loan of ₹50,000 within minutes of approval. All you need to do is visit the Moneyview website or download the loan app and apply.
Loan Process, Terms and Rules Explained
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Disclaimer
The starting interest rate depends on factors such as credit history, financial obligations, specific lender's criteria and Terms and conditions. Moneyview is a digital lending platform; all loans are evaluated and disbursed by our lending partners, who are registered as Non-Banking Financial Companies or Banks with the Reserve Bank of India.
This article is for informational purposes only and does not constitute financial or legal advice. Always consult with your financial advisor for specific guidance.
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