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How To Get A Quick Loan Up To Rs 50,000? Check key details about applying for quick loan online

06 June, 2025 | 12:23 IST

Quick loans become a lifesaver when financial emergencies arise. You never know when you might need urgent funds, and having access to instant money can make all the difference. If you are looking for a quick loan up to Rs 50,000, you have plenty of reliable options to choose from. With quick loan apps and online lending platforms, the process of getting a loan has also become easier and convenient.

What is a quick loan?

A quick loan is a type of loan that is processed instantly and rapidly without going through lengthy documentation or time-consuming approvals. The best advantage of quick loans is that they can be applied right from your couch with just a few taps on a smartphone.

If you are in urgent need of funds, you can easily get a quick loan of up to Rs 50,000 without stepping into a bank or filling out stacks of forms. With everything becoming digital, many lenders just require some important documents, such as bank statements or a credit score check, before disbursing the loan.

Looking for a quick and easy personal loan? Moneycontrol, in partnership with eight trusted lenders, brings you fully digital loans of up to Rs 50 lakhs with minimal documentation. Just pick a repayment plan that works for you, provide your basic details, and complete the online KYC process. Get access to competitive interest rates starting at only 10.50%.

Features of quick loans

  • Fast approval and disbursement: Quick loans are characterised by their rapid processing times, with some lenders offering approval and fund transfer within hours.
  • Short-term duration: These loans usually have shorter repayment periods, often ranging from a few weeks to a few months.
  • Higher interest rates: Due to the convenience and speed, quick loans often come with higher interest rates compared to traditional loans.
  • Minimal credit checks: Some lenders may offer loans without rigorous credit checks, making them accessible to individuals with less-than-perfect credit histories.

How to get a quick loan up to Rs 50,000?

If you are looking to get a quick loan of up to Rs 50,000, there are several digital lenders and banks. The first step is to choose a trusted lender that also offers fully digital processes where you can apply online or through a mobile app.

Before applying, check the eligibility criteria. Most lenders require you to be between 21 and 60 years of age, have a stable monthly income and maintain a decent credit score (650 or above).

You will need to provide some basic documents such as your Aadhaar Card, PAN Card, address proof and salary slips or bank statements.

The application process is simple and fast. Just fill out the form on the lender’s website or app, upload the documents, and complete your e-KYC. If everything is in order, the loan can be approved within minutes and the amount will be disbursed directly into your bank account, sometimes in as little as 10 minutes.

These lenders offer flexible repayment options, ranging from a few months to a couple of years, with competitive interest rates starting as low as 10.50%. You don’t need to pledge any collateral for these loans.

Quick loan apps

Several apps offer quick personal loans with simple eligibility.

  1. CASHe provides loans to people aged 23–58 with just basic ID documents and up to 540 days for repayment.
  2. PaySense gives loans from Rs 5,000 to Rs 5 lakh for those aged 21–60, without needing a high credit score, and offers 3 to 60 months for repayment.
  3. KreditBee disburses loans in just 10 minutes for users aged 21–60 with a minimum income of Rs 10,000 per month, offering amounts from Rs 6,000 to Rs 10 lakh.
  4. Moneyview requires a minimum monthly income of Rs 13,500 (salaried) or Rs 15,000 (self-employed), a credit score of 650+, and is open to users aged 21–57.
  5. mPokket gives loans from Rs 10,000 to Rs 2 lakh without any collateral, with a credit score of 650+ and age between 22–57 years, and offers repayment terms up to 36 months.

*For the latest and most accurate information on loan offers, refer to the lender's website or loan aggregator platforms.

Quick loan approval and disbursal

Gone are the days when you had to wait for weeks to get loan approvals. Quick loans offer instant approval and fast disbursal within minutes. You just need to meet the eligibility criteria and submit the necessary documents and instantly the funds will be credited to your account.

Your loan can be approved in just 15 minutes, with disbursement happening within minutes to 2 hours after approval. In many cases, the entire process, from application to disbursal, can take just a few hours.

Moneycontrol has collaborated with eight reliable lending partners to offer hassle-free, fully digital personal loans of up to Rs 50 lakhs. With minimal paperwork required, you can apply by choosing an EMI plan that fits your budget, entering your personal information, and completing the online KYC. Enjoy attractive interest rates starting from just 10.5%.

Conclusion

Having quick access to money can be extremely helpful in times of need, whether it is for house repairs, unexpected medical bills, or any other emergency. Obtaining a quick loan up to Rs 50,000 is now simpler, quicker and more convenient than ever due to a number of quick loan apps and digital lending platforms.

With their streamlined application procedures and immediate loan approval and disbursement, these platforms eliminate the lengthy wait times and paperwork. In only a few minutes, you can access funds with just a smartphone, a few simple documents and a stable income.

Disclaimer

This piece/article was written by an external partner and does not reflect the work of Moneycontrol's editorial team. It may include references to products and services offered by Moneycontrol.
Fintech

About the Author

Fintech

Stay updated on the latest personal finance trends, with a focus on products like credit cards, credit score, personal loans, fixed deposits, and more

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