Loan for 50000 Salary: How Much Loan Can You Get?
If you earn a monthly salary of ₹50,000 and are planning to apply for a loan, you are considered eligible by most banks and NBFCs in India. A
loan for 50000 salary is usually offered as an unsecured personal loan, meaning you do not need to provide any collateral such as property or gold.
The exact loan amount depends on your income stability, credit score, existing EMIs, and lender policies. Understanding these factors helps you choose the right loan amount without putting pressure on your monthly finances.
How Much Loan Can You Get on ₹50,000 Salary?
With a monthly salary of ₹50,000, you may be eligible for an unsecured loan ranging from:
- ₹4 lakhs to ₹8 lakhs (approximate)
This range varies based on your repayment capacity and credit profile. Applicants with a higher credit score and fewer existing obligations may qualify for higher loan amounts.
How Lenders Calculate Loan Eligibility
Banks and NBFCs generally follow an EMI-to-income ratio while approving loans. In most cases, your total monthly EMI should not exceed
40% to 50% of your net monthly income.
For example, with a ₹50,000 salary, lenders may allow a maximum EMI of around ₹20,000 to ₹25,000. Based on the interest rate and tenure selected, the loan amount is calculated accordingly.
Types of Loans Available for 50000 Salary
1. Unsecured Personal Loan
This is the most common loan option for salaried individuals earning ₹50,000 per month. It does not require collateral and is approved based on salary, credit score, and employment stability.
2. Salary-Based Loans
Some banks offer special loan products for salaried employees working with reputed companies. These loans may offer better interest rates and faster processing.
3. Short-Term Credit Options
For smaller requirements, NBFCs may provide short-term unsecured loans with flexible tenure but relatively higher interest rates.
Eligibility Criteria for Loan on 50000 Salary
- Minimum age usually between 21 and 60 years
- Stable employment with at least 6–12 months of experience
- Salary credited through a bank account
- Good credit score and repayment history
- Low existing EMI obligations
Documents Required
- PAN card and Aadhaar card
- Latest salary slips (last 2–3 months)
- Bank statements (last 6 months)
- Employment proof or company ID
Unsecured Loan Eligibility by Monthly Salary
The following table provides an indicative estimate of unsecured loan eligibility based on monthly salary. Actual loan amount may vary depending on credit score, existing EMIs, employer profile, and lender policies.
| Monthly Salary (₹) |
Approx. Allowed EMI |
Typical Tenure |
Indicative Unsecured Loan Amount |
| ₹50,000 |
₹18,000 – ₹22,000 |
36 – 60 months |
₹4 – ₹8 lakhs |
| ₹60,000 |
₹22,000 – ₹26,000 |
36 – 60 months |
₹6 – ₹10 lakhs |
| ₹70,000 |
₹26,000 – ₹30,000 |
36 – 60 months |
₹8 – ₹12 lakhs |
| ₹80,000 |
₹30,000 – ₹34,000 |
36 – 60 months |
₹10 – ₹15 lakhs |
| ₹90,000 |
₹34,000 – ₹38,000 |
36 – 72 months |
₹12 – ₹18 lakhs |
| ₹1,00,000 |
₹38,000 – ₹42,000 |
36 – 72 months |
₹15 – ₹22 lakhs |
| ₹1,20,000 |
₹46,000 – ₹50,000 |
36 – 72 months |
₹20 – ₹30 lakhs |
| ₹1,40,000 |
₹54,000 – ₹58,000 |
48 – 72 months |
₹25 – ₹40 lakhs |
| ₹1,60,000 |
₹62,000 – ₹66,000 |
48 – 72 months |
₹30 – ₹50 lakhs |
| ₹1,80,000 |
₹70,000 – ₹74,000 |
48 – 72 months |
₹40 – ₹65 lakhs |
| ₹2,00,000 |
₹78,000 – ₹82,000 |
48 – 84 months |
₹50 lakhs – ₹1 crore |
Figures shown above are indicative and for guidance only. Final loan eligibility depends on lender credit assessment, existing liabilities, and borrower profile.
Interest Rates and Repayment Tenure
Interest rates for loans on ₹50,000 salary depend on the lender and your credit profile. Since these loans are unsecured, interest rates are generally higher than secured loans.
Repayment tenure usually ranges from 12 months to 60 months. Choosing a longer tenure reduces EMI but increases the total interest paid over time.
Things to Consider Before Applying
- Compare interest rates and processing fees
- Check EMI affordability using a loan EMI calculator
- Avoid borrowing more than required
- Maintain a healthy credit score
How HyderabadLoans.in Can Help
At
HyderabadLoans.in, we guide salaried individuals in understanding loan eligibility, documentation, and repayment planning. We help applicants earning ₹50,000 per month explore suitable unsecured loan options from trusted banks and NBFCs.
If you are planning to apply for a
loan for 50000 salary, our guidance helps you make informed decisions and choose a loan that fits your financial comfort.
Loan approval and final loan amount are subject to bank or NBFC credit assessment.
