Apply for 50000 Loan On Aadhar Card

Looking to secure a quick Rs. 50,000 loan to fulfil your dreams? MoneyPortal is here to help.

Here’s how you can get an instant Rs. 50,000 loan on an Aadhar Card within minutes.

INR 50,000 Instant Loan from MoneyPortal

MoneyPortal, one of the most trusted online loan providers in the country, offers instant and flexible loans ranging from Rs. 5,000 to Rs. 2 lakhs in a matter of minutes.

Additionally, MoneyPortal loans come with a hassle-free application process, low interest rates, and flexible repayment terms. Simply check your eligibility and apply.

Features & Benefits of Rs. 50,000 Personal Loan from MoneyPortal

MoneyPortal provides several key benefits to its customers. Here are the standout features:

Highest Loan Amount: MoneyPortal uses a credit rating model to offer the most suitable loan amount tailored to your needs.

Most Affordable: With interest rates as low as 12% per annum, we also provide flexible repayment options ranging from 3 months to 13 months*, ensuring minimal financial strain.

100% Transparent: Our application process is straightforward, with no hidden charges or surprises during or after submission.

Easy to Use: We’ve designed our application process to be simple and accessible for every loan applicant across the country.

Collateral-Free Loans: Our loans require no collateral, so you can get a Rs. 50,000 loan instantly without any security.

Eligibility Criteria for Rs. 50,000 Instant Loan On Aadhar Card

To qualify for MoneyPortal’s Rs. 50,000 instant loans On Aadhar Card, you need to meet the following criteria:

Applicants must be between 21 and 50 years old.
Must have a monthly income of Rs. 20000 or more.
The income must be credited directly to a bank account.
Must have a minimum CIBIL score of 700.

Documents Required for an Instant Rs. 50,000 Loan

The documentary requirements for a Rs. 50,000 personal loan are minimal:

PAN number
A mobile number linked to your Aadhaar card for KYC verification
Enable the auto-debit facility from your bank account, which can be set up using a debit card, net banking, or a NACH form.
The auto-debit facility ensures your EMIs are paid automatically every month, removing the need for manual payments.

Purpose of Rs. 50,000 Personal Loans

The purpose of the loan indicates why a borrower needs funds. Some lenders use this to match borrowers with the appropriate loan products, while others use it to assess risk and determine interest rates.

Here are some common reasons to consider a personal loan:

Emergencies: A personal loan can be a crucial financial lifeline during emergencies, helping cover urgent bills or expenses when you can’t wait until your next payday.

Debt Consolidation: Consolidate high-interest credit card debt into a single personal loan to save on interest. MoneyPortal offers loans at lower, more affordable interest rates compared to credit cards.

Child-Related Costs: Use a personal loan to cover fertility treatments, adoption expenses, or hospital bills related to pregnancy. It’s also suitable for fixed costs associated with raising a child.

Education: An instant personal loan can help you pursue higher education without financial strain.

Large Purchases: Fund significant purchases without depleting your savings. A personal loan allows you to spread the cost over time.

Home Improvements or Repairs: Use a loan from MoneyPortal to finance home repairs or renovations. A Rs. 50,000 loan can enhance your living space, with easy repayment options.

Wedding: Weddings can be expensive. A Rs. 50,000 personal loan can help cover some expenses without tapping into your savings.

Travel: Fulfill your travel dreams with a Rs. 50,000 instant personal loan on Aadhar card from MoneyPortal, ensuring you don’t strain your finances.

How to Apply for a Rs. 50,000 Personal Loan

Check Eligibility: Visit the MoneyPortal Loan Application Page. Provide the required information, and you’ll receive your eligibility status within 2 minutes.

Select Loan Tenure: Based on your eligibility, choose the loan amount and repayment term that suits you.

Upload Documents: Upload all necessary documents online for quick and easy verification.

Amount Disbursed: Once verified, the loan amount will be promptly disbursed to your account.

Get started today with MoneyPortal and secure your INR 50,000 personal loan on an Aadhar Card in minutes.

FAQs
1. What is the interest rate for a Rs. 50,000 personal loan from MoneyPortal?

MoneyPortal offers competitive interest rates ranging between 12 to 32% per annum. The exact rate depends on your credit profile and loan tenure. A good credit profile leads you to get a lower-interest loan.

2. How quickly can I get the Rs. 50,000 loan from MoneyPortal?

Once your application is approved, the loan amount is typically disbursed within 60 minutes directly into your bank account.

3. What is the maximum loan tenure available for a Rs. 50,000 loan?

MoneyPortal offers flexible repayment tenures ranging from 2 months to 13 months, allowing you to choose a plan that best suits your financial situation.

4. Is there any collateral required for the Rs. 50,000 personal loan?

No, MoneyPortal’s instant personal loan is collateral-free, meaning you don’t need to provide any security or guarantor to avail of the loan.

5. What documents do we require to apply for a Rs. 50,000 personal loan?

You will need your PAN number, and a mobile number linked to your Aadhaar card for KYC verification, and you must enable the auto-debit facility from your bank account for EMI payments.

6. Can I apply for the Rs. 50,000 loan if I have a low credit score?

MoneyPortal requires a minimum CIBIL score of 650 or a minimum Experian score of 650. If your score meets this criterion, you are eligible to apply.

7. How do I check my eligibility for the Rs. 50,000 personal loan?

You can check your eligibility by visiting the MoneyPortal loan application page. Provide the necessary details, and you’ll receive your eligibility status within 2 minutes.

8. What can I use the Rs. 50,000 personal loan for?

The loan can be used for various purposes, including emergencies, debt consolidation, education, large purchases, home improvements, weddings, and travel.

9. Are there any hidden charges in the loan application process?

No, MoneyPortal’s application process is 100% transparent, with no hidden charges or surprises.

10. How can I repay the Rs. 50,000 personal loan?

The loan can be repaid through monthly EMIs. The auto-debit facility ensures your EMIs are paid automatically from your bank account, making the process hassle-free.

11. What happens if I miss an EMI payment?

Missing an EMI payment may attract late fees and negatively impact your credit score. It’s important to ensure there are sufficient funds in your account for timely EMI payments.

12. Is there a prepayment option available for the Rs. 50,000 personal loan?

Yes, MoneyPortal allows you to prepay your loan, either partially or fully, before the end of the tenure. Please check the terms and conditions for any applicable prepayment charges.