₹50,000 loan
Borrow ₹50,000 until payday
₹50,000 is a large amount to repay in one payment, so it is offered when your salary comfortably supports it. It suits costs with a known end date, such as work expenses your employer reimburses or an insurance claim that will pay you back.
- Salary usually needed
- ₹1,25,000+
- 30-day repayment
- ₹50,835
- You receive
- ₹49,410
Soft check only: your score stays untouched
Apply for your loan
Check your offer in 2 minutes.
Estimate the cost firstCalculator
Your ₹50,000 loan
Move the sliders or type a figure. Every cost updates live.
Your estimate
- Principal Amount
- ₹20,000
- Interest AmountSimple interest on the principal
- ₹334
Estimate only. GST on the processing fee and your exact figures are shown in your Key Fact Statement before you accept.
What can a ₹50,000 loan cover?
Customers typically borrow ₹50,000 for a medical procedure not covered upfront by insurance, a large deposit, or work expenses your employer reimburses later. Offered to applicants whose salary supports a single repayment of this size.
The loan is repaid in a single payment on your due date, usually your next salary day. Interest is charged daily, so repaying early reduces the cost, with no foreclosure fee.
Exact cost of a ₹50,000 loan
| Tenure | Interest | Processing fee (incl. GST) | You receive | You repay | APR |
|---|---|---|---|---|---|
| 7 days | ₹195 | ₹590 | ₹49,410 | ₹50,195 | 82.84% |
| 15 days | ₹418 | ₹590 | ₹49,410 | ₹50,418 | 49.64% |
| 30 days | ₹835 | ₹590 | ₹49,410 | ₹50,835 | 35.09% |
| 40 days | ₹1,113 | ₹590 | ₹49,410 | ₹51,113 | 31.45% |
Illustrative at 1.67% per month and 1.18% processing fee (incl. GST). Your final terms are in your Key Fact Statement. APR looks high on short loans because the one-time processing fee is counted over only a few days and then annualised; in rupees, a shorter loan still costs less.
The process
From application to ₹50,000 in your account
- Step 1
Confirm your number
A one-time code checks it’s really you. Then add your salary and employer name.
~1 min - Step 2
Prove it’s you, digitally
Aadhaar eKYC, a quick live selfie, and three months of salary credits shared through Account Aggregator.
~3 min - Step 3
Read the KFS, then sign
Your Key Fact Statement lists the rupee cost, APR and due date. Happy with it? E-sign in one tap.
Decision ~10 min - Step 4
Funds land, payday settles it
The lender pays into your salary account. On payday, one UPI payment or auto-debit closes the loan.
Same day
FAQs
₹50,000 loan FAQs
What salary do I need for a ₹50,000 loan?
First-time borrowers are typically offered up to about 40% of net monthly salary, so a ₹50,000 loan usually needs a net salary of around ₹1,25,000 or more. Returning customers with good repayment history may qualify for more.
How much will I repay on a ₹50,000 loan for 30 days?
You'll repay ₹50,835 on day 30. ₹49,410 reaches your bank after the processing fee (incl. GST) is deducted. The APR is 35.09%.
Can a first-time borrower get ₹50,000?
Yes, if the net salary supports it: first loans are typically up to about 40% of net salary, so ₹50,000 usually needs around ₹1,25,000 or more. Otherwise you may be offered a smaller amount first.
How much is the processing fee on ₹50,000?
The processing fee (incl. GST) is ₹590, deducted when the money is sent, so ₹49,410 reaches your account. Interest is charged on the full ₹50,000 for each day.
Is ₹50,000 in one payment right for a planned purchase?
Usually not. For something you can plan, such as a gadget or furniture, a loan repaid in monthly instalments keeps each payment smaller. A one-payment loan suits a cost you will get back soon, like a reimbursement.
Other amounts
Need a different amount?
Your salary, a little early.
Check your offer in 2 minutes. It’s free and won’t affect your credit score. Once your loan is disbursed, Salora Capital Limited reports it to the credit bureaus every month.
Loans by Salora Capital Limited, RBI-registered NBFC (CoR N-13.01855).