A Rs. 4 Lakh loan can help you deal with any financial emergency, whether it is a medical treatment, home renovation, travel plans, educational expenses of self or children, and so on. An Rs. 4 Lakh loan for 5 years is an ideal credit alternative during such urgencies. The Equated Monthly Instalments (EMIs) will also be low for such an amount of personal loan. You can avail of a personal loan of Rs. 4 Lakh from any bank or Non-Banking Financial Company (NBFC) with minimal documentation if you meet the eligibility criteria of the lender.
You can apply for an Rs. 4 Lakh personal loan online through the websites and mobile apps of various banks and financial institutions. Alternatively, you can also apply through online lending marketplaces like MyMoneyMantra, which provides you access to the personal loans and other financial products of 100+ banks and NBFCs. Personal loans usually come with a repayment tenure of up to 5 years tenure. The online application procedure is simple and instant. All you need to do is access our website,
The first step to getting a personal loan up to Rs. 4 Lakhs is to meet the eligibility criteria of the lending institution. You should be aware that the personal loan eligibility norms may vary from lender to lender. Below are some common eligibility criteria for a personal loan 4 lakhs at most lenders:
On meeting the eligibility criteria given above, you will be required to submit the following documents for an Rs. 4 lakh loan:
Additional Info: You can also check 30,000 personal loan, get instantly.
Banks | Interest Rates |
PNB Personal Loan | 11.40% |
SBI Personal loan | 11.15% |
Navi | 9.9% onwards |
ICICI Bank Personal Loan | 10.50% |
Kotak Personal Loan | 10.50% |
HDFC Personal Loan | 10.65% |
Bajaj Finserv Personal Loan | 11% onwards |
“I need 4 lakh rupees urgently”, if you are thinking this but are confused about how to proceed, don’t worry. You can apply for a 4 Lakh loan by following the steps mentioned below:
Also Check: UCO Bank Balance Check Number in detail.
You can utilise a personal loan of Rs. 4 Lakhs for different purposes as mentioned below:
You can calculate your EMI for Rs. 4 Lakhs personal loan for different interest rates and tenures using the 4 lakh loan EMI calculator. Follow the steps given below for calculating the EMI with our online 4 lakh personal loan EMI calculator
Following is the table for 4 lakh personal loan EMI for 5 years and 4 lakh loan for 3 years for 10 years for different banks:
Banks | Interest Rates | 4 Lakh Loan EMI for 5 Years | 4 Lakh Loan EMI for 3 Years |
SBI Personal loan | 10.30% to 12.30% | Rs. 8,558 to Rs. 8,959 | Rs. 12,963 to Rs. 13,343 |
PNB Personal Loan | 9.80 to 14.65% | Rs. 8,460 to Rs. 9,443 | Rs. 12,869 to Rs. 13,798 |
ICICI Bank Personal Loan | 10.50% to 19% | Rs. 8,598 to Rs. 10,376 | Rs. 13,001 to Rs. 14,662 |
HDFC Personal Loan | 10.25% to 16% | Rs. 8,747 to Rs. 9,569 | Rs. 13,143 to Rs. 13,915 |
Kotak Personal Loan | 10.99%- 24% | Rs. 8,695 onwards | Rs. 13,094 onwards |
Bajaj Finserv Personal Loan | 13% onwards | Rs. 9,101 onwards | Rs. 13,478 onwards |
Fill the form by clicking on Apply Now Button and compare latest Interest Rate of all Banks/NFBCs for Instant and Quick Personal Loan Disbursal.
SBI, ICICI, HDFC and PNB are some of the best banks right now to avail of personal loans of Rs. 4 Lakhs as they offer lower interest rates and longer tenure compared to other lenders.
Rs. 4 lakh personal loan interest rate starts from 10.50% p.a. in India.
The best way to get Rs. 4 lakhs immediately is by applying for the loan online via the official website of the lender or from our online portal.
You can avail of the lowest interest rate on Rs. 4 lakhs loan by adding more source of income, increasing your CIBIL score, bringing in a co-applicant for the loan, or applying for the loan during the festive offer period.
The interest rate for SBI personal loan 4 Lakh starts from 10.50% p.a., depending on various eligibility factors and the personal loan scheme opted by you.
The 4 lakh personal loan EMI SBI is Rs. 8,558 to Rs. 8,959 for a tenure of 5 years and for an interest rate of 10.30% to 12.30% p.a.
No, all lenders charge interest rates and processing fees on personal loans, hence there is no way to get an Rs. 4 lakh loan without interest. You can borrow 4 Lakhs from family members or friends to avoid paying interest.