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Personal Loan of Rs.40 Lakh
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Ready to turn your dreams into reality? Say goodbye to financial worries and hello to endless possibilities with 40 lakhs personal loan.


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Personal Loan of Rs.40 Lakhs

Dreaming big? Achieve it all with our 40 lakh personal loan! Dive into a world of endless possibilities and make your money count. Our hassle-free process ensures quick approval and funds in your account. Seize the opportunity to make your dreams a reality today!

Features and Benefits of 40L Personal loan

Generous Loan Amount: Get Personal Loan of 40 lakhs to fulfill your bigger dreams. Whether it’s a grand event, home renovation or higher education, get it done without any worries

Quick Approval: The entire loan application process is completely streamlined eliminating the need of unnecessary approval and hastening the loan process

Flexible Repayment Options: Get flexible repayment options which ensures your monthly EMI commitments is in alignment with your budget

Competitive Interest Rates: Enjoy attractive interest rates that won’t break the bank, making repayment more manageable.

No Collateral Required: You do not need to pledge any of your personal assets as this loan is unsecured which is given based on your repaying ability

Bank Interest rates for Rs.40 Lakh Personal Loan

InstitutionInterest ratesLoan amount
HDFCFrom 10.5%Upto 40 Lakhs
Axis BankFrom 10.49%`Upto 40 Lakhs
ICICI bank10.75%-19%Upto 40 Lakhs
Bank of Baroda10.75% – 18.5%Upto 5 Lakhs
SBIFrom 11%Upto 30 Lakhs
IndusIndFrom 10.49%Upto 50 Lakhs
Yes BankFrom 10.99%Upto 40 Lakhs
Standard CharteredFrom 11.5%Upto 50 lakhs
IDFCFrom 10.49%Upto 50 Lakhs
Kotak MahindraFrom 10.99%Upto 40 Lakhs
PNBFrom 11.40%Upto 20 Lakhs
Bandhan bankFrom 11.55%Upto 25 Lakhs

NBFCs Interest rates for 40 Lakh Personal Loan

Institution Interest rates Loan amount
Tata Capital From 10.99% Upto 35 Lakhs
InCred From 18% Upto 3 Lakhs
Finnable From 16% Upto 10 Lakhs
PaySense From 16.8% Upto  5 Lakhs
Poonawalla From 9.99% Upto 30 Lakhs
Fullerton From 11.99% Upto 25 Lakhs
LendingKart From 12% Upto 3 Lakhs
Axis Finance From 13% Upto 25 Lakhs
L&T Finance From 12% Upto 7 Lakhs
Mahindra Finance From 10.99% Upto 10 Lakhs
Aditya Birla From 11.99% Upto 50 Lakhs
Bajaj Finance From 11% Upto 50 Lakhs

Rs.40 Lakh Personal Loan EMI for up to 5 Years

Loan Amount: Rs.40 Lakh

ROI: 10.5%

TenureEMI amount at Interest rate of 10.5%
1 yearRs. 3,52,594
2 yearsRs. 1,85,504
3 yearsRs. 1,30,010
4 yearsRs. 1,02,414
5 yearsRs. 85,976
6 yearsRs. 75,116
7 yearsRs. 67,443

Why Apply for Rs.40 L Personal Loan at Fincover?

Transparent Process: We believe in clear communication and transparency throughout the loan application and approval process.

Customer-Centric Approach: Our customer service is dedicated to ensuring a smooth and pleasant experience, assisting you at every step.

Competitive Interest Rates: Benefit from competitive interest rates, ensuring you get the best deal for your personal loan.

Compare and Choose: Our platform gives you option to compare interest rates from multiple banks and NBFCs giving you scope to compare all the parameters in a loan and select the best.

Eligibility Criteria for Personal Loan of 40 Lakh

  • Age: 21 to 60 years
  • Employment: Salaried or self-employed with a stable source of income
  • Income level: Would vary from lender to lender
  • Credit Score: A healthy credit score increases your chances of approval. Typically must around 650+
  • Citizenship: Indian resident

Documents Required for Personal loan of Rs. 40 Lakhs

  • Identity proof (Aadhar card, passport, or driving license)
  • Address proof (utility bills or rental agreement)
  • Income proof (salary slips or income tax returns, Business Establishment Proof)
  • Passport-sized photographs
  • Bank statements for the last 3-6 months

Gateway to realize your dream

Get the catalyst to your aspiration with Personal loan of Rs. 40 Lakhs backed by transparent process, competitive rates, and deep commitment to your financial well-being

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