How to get an Instant loan of 50,000?

Day-to-day life often brings with it situations where you might need to procure money on an urgent basis. If the situation is related to a loan, whether it be for a shopping spree or a honeymoon trip, small loans can assist you in many ways. Let’s consider a scenario: You wish to buy a car and are falling short of INR 50,000 on the down payment. The first question to pop up in your mind would be how to get an instant loan of 50,000 Rupees? Short term loans can be of great help in situations like these. How can you claim these loans? Let us find out.

Instant personal loans of small amounts upto 50,000 require minimum documentation. The few that are needed for instant loan approval are:

• Aadhar card / Driving license / PAN card
• Salary slips / form 16, or bank statements for self-employed individuals
• KYC for identity and address proof

Unsecured personal loans are credited quickly, and take considerably less time to avail. To get instant loans, you must furnish the minimum documentation required by lending platforms like Finnable. Instant personal loans are usually short-term loans, and come with impressive features, like:

• Minimum documentation
• A range of EMI options
• Can be availed for weddings, travel, health and more
• Convenient and flexible interest rates and processing charges

While instant personal loan are usually a small amount, it is always a good approach to determine how much money you exactly require to meet your needs. If you already have any ongoing loans, platforms like Finnable help you in adjusting and choosing the best EMI option for you. This helps you in not defaulting on any of your loan payments and maintaining a good credit score for yourself.

To avail an instant loan of INR 50,000, all you need to do is download the personal loan app and upload the right set of documents to clear the personal loan eligibility criteria The loan amount of INR 50,000 will then be credited into your account within 24 hours. Download the Finnable app from Apple Store or Google Play Store, and follow these steps to apply for an instant personal loan:

• Log in and complete your profile setup.
• Complete the e-KYC process.
• Upload the requested documents for profile verification and authentication (identity proof, address proof, salary slips/bank statements).
• Choose the loan amount you wish to apply for and confirm if you are eligible for it.
• Apply for the loan.

You don’t have to worry about being self-employed. If you have a monthly income of a minimum of INR 25,000 and can provide the relevant proof, you can avail loans on Finnable starting from INR 50,000 without any collateral. Check Loan Eligibility 

Once you've understood the process, you can directly explore Finnable's 50,000 personal loan option, where eligible salaried applicants can check eligibility online, choose a suitable tenure, and receive funds quickly after approval.