Tailored 4 Lakh Personal Loan Offers
Simply enter your mobile number to view the best loan offers available to you.
4 Lakh Personal Loan Purposes
When does a personal loan of 4 lakhs come in handy?
Mid-range home renovation or room makeover
Medical procedures or hospitalisations not fully covered by insurance
Upgrading to a premium two-wheeler
Setting up or expanding a small home business
Relocating to a new city for work
Features and Benefits of a 4 Lakh Personal Loan
Affordable Interest Rates:
Starting personal loan 4 lakh rates of 9.99% p.a. ensure your EMIs stay within an affordable range.
Eligibility Criteria for a 4 Lakh Personal Loan
Age
Between 21 to 65 years
CIBIL Score
700+
Employment
Salaried or self-employed
Best-Suited Borrower Profile - When You Should Apply for an 4 Lakh Instant Loan
You are a salaried individual with a stable monthly income needing mid-to-large funding
You are a self-employed individual with a predictable business cash flow
You prefer manageable EMIs with flexible tenure
You have a good credit history and need quick digital approval
Documents Required for an Instant 4 Lakh Personal Loan
Keep these documents ready when you apply for a 4 lakh personal loan:
Common Documents Required
Identity & address proof:
Aadhaar / PAN / Voter ID / Passport
Photograph:
2-3 passport-sized photographs
4 Lakh EMI
Personal Loan
The 4 lakh personal loan EMI should be affordable!Factors that Help Determine EMI and How
Interest Rate Offered
Higher rates equal higher EMI
Tenure Selected
Longer tenure equals lower EMI but higher total interest paid
4 Lakh Personal Loan EMI Based on Different Scenarios
| Tenure | 10% p.a. | 12% p.a. | 14% p.a. | 16% p.a. |
|---|---|---|---|---|
| 12 months | ₹35,166 | ₹35,540 | ₹35,915 | ₹36,292 |
| 24 months | ₹18,458 | ₹18,829 | ₹19,205 | ₹19,586 |
| 36 months | ₹12,907 | ₹13,286 | ₹13,671 | ₹14,063 |
| 48 months | ₹10,145 | ₹10,534 | ₹10,931 | ₹11,336 |
4 Lakh Loan EMI Calculator
Enter the interest rate, select the tenure and view the EMI within seconds.
Loan Details
Results
Selecting the Best Lenders for a 4 Lakh Personal Loan
What to look for? The best rates, flexible tenure, low or no additional charges, and favourable terms!
Our Top Lenders
| Top Banks | Interest Rate | Processing Fee | ||
|---|---|---|---|---|
| HDFC Bank Personal Loan | 9.99% to 24% | ₹6,500 + GST | ||
| Kotak Bank Personal Loan | 10.99% to 30% | Up to 3% | ||
| ICICI Bank Personal Loan | 10.45% to 17% | Up to 3% | ||
| Axis Bank Personal Loan | 9.99% to 22% | Up to 2% | ||
| SBI Bank Personal Loan | 10.05% to 15.05% |
Apply for an Instant 4 Lakh Personal Loan
applying for a 4 lakh instant loan on My Mudra is easy, quick, and convenient!
Step 1
Click on the Apply Button: Submit your application with the right details.
Step 2
Application Review: Once the application is reviewed and approved, we will forward your details to the lender best-matching your requirements.
Step 3
Loan Disbursal: Receive the funds directly into your account and take care of your expenses.
Why choose
My Mudra ?
A network of 90+ banks
Frequently Asked Questions
Everything you need to know about Personal Loans from My Mudra.