Need urgent ₹50k loan, looking for genuine advice
I urgently need around ₹50,000 and I’m looking for some genuine advice or a loan option.
I have tried applying through a few online loan platforms, but almost all of them rejected my application. Because of applying to multiple places, my CIBIL enquiries have also increased a lot, which is making it harder to get another loan.
I already have 2 business loans running, around ₹4 lakh in total. There have been no EMI bounces or missed payments, but right now we are going through a very difficult financial situation and I need some temporary help. I also tried contacting private lenders, but they ask for collateral which I cannot give.
Another option I’m thinking about is taking a loan against property at a lower interest rate and using that money to clear my existing high-interest business loans. This would hopefully reduce my monthly financial burden. The problem is that the property is currently in my late father's name, so it would first need to be transferred into my name. But for that also I will be needed money and it will take a lot of time. So it won't solve my immediate problem.
If anyone can suggest something that might actually work in my situation, I would be really grateful.
Posted Sep 12, 2026, 8:25 AM UTC