Rs. 40000 Loan

Get a Rs. 40,000 loan through ESOPs, bonds, mutual funds, shares, or insurance with quick process, affordable interest rates, and flexible repayment options.
APPLY NOW
Explore Loan Against Securities
APPLY NOW
3 mins read
17-April-2025
Getting a Rs. 40,000 loan in India is simple with various secured and unsecured loan options. Whether you need funds for emergencies, medical expenses, or short-term needs, banks and NBFCs provide quick approval and disbursal. Loans against investments, such as shares, mutual funds, or insurance policies, offer lower interest rates and flexible repayment options.

This article explains the different ways to get a Rs. 40,000 loan, eligibility criteria, required documents, and EMI calculations. We also discuss the benefits of securing a loan against investments and how to choose the best option.

6 ways to get Rs. 40,000 loans

Loan productInterest rateLoan tenureDetails and application link
ESOP Financingup to 15% p.a.Up to 36 monthsLearn more and apply for ESOP Financing
Loan Against BondsUp to20% per annumUp to 36 monthsLearn more and apply for Loan Against Bonds
Loan Against Insurance PolicyUp to 24% p.a.(In case of lock-in policies, compounding interest will be chargedIn case of lock-in free policies, simple interest will be charged)Up to 96 monthsLearn more and apply for Loan Against Insurance Policy
Loan Against Mutual Funds8-15% per annumUp to 36 monthsLearn more and apply for Loan Against Mutual Funds
Loan Against Shares8-15% per annumUp to 36 monthsLearn more and apply for Loan Against Shares


Eligibility criteria for a Rs. 40,000 loan

To get a Rs. 40,000 loan, you must meet certain eligibility criteria:

  • Age: 18 to 65 years
  • Income: Stable income source from salary, business, or investments
  • Employment status: Salaried or self-employed professionals/business owners
  • Asset ownership: Existing investments in bonds, shares, or insurance.
Lenders may have additional criteria depending on the loan type and security offered. This is based on Bajaj Finance loan against securities.

Documents required for Rs. 40,000 loan

To apply for a Rs. 40,000 loan, you need:

Official Valid Documents (OVDs) for KYC:

  • Identity proof: Aadhaar, PAN, passport, driving license or Voter ID
  • Address proof: Utility bill, Aadhaar, or driving license, passport.
Other documents:

  • Income proof: Salary slips, bank statements, or ITR (for self-employed)
  • Investment proof: Mutual fund statement, shareholding details (for secured loans)
Having all documents ready speeds up the approval process.

How to apply for a Rs. 40,000 loan

Follow these steps to apply for a Rs. 40,000 loan:

  1. Choose a loan type: Decide between unsecured personal loans or secured loans against investments.
  2. Compare lenders: Check interest rates, processing fees, and repayment terms.
  3. Check eligibility: Use an eligibility calculator on lender websites.
  4. Gather documents: Keep identity, income, and investment proof ready.
  5. Apply online or offline: Fill out the loan application on a bank’s website or visit a branch.
  6. Submit for approval: Lenders verify details and may request additional documents.
  7. Loan disbursal: If approved, funds are credited within 24–48 hours for most lenders.
  8. Loan to Value- Lenders offer 50% to 90% of the investment’s value as a loan, ensuring substantial borrowing capacity.

Benefits of Rs. 40,000 loans against investments

  • Lower interest rates: Secured loans have lower rates than personal loans.
  • Flexible repayment: Tenure of up to 5 years for easy EMI options.
  • No income proof required: Loans against shares, or mutual funds may not need salary slips.
  • Faster approval: Minimal documentation and quick disbursal.
  • Retain ownership: Continue earning returns on pledged investments.

Conclusion

A Rs. 40,000 loan is easy to get through secured or unsecured options. Loans against investments like mutual funds, shares, or insurance policies provide better interest rates than personal loans. Always compare lenders, check eligibility, and calculate EMIs before applying. Choosing the right loan can help you manage financial needs efficiently while maintaining investment benefits.

Explore Loan Against securities by Bajaj Finance Limited.

Frequently asked questions

How to get a 40000 Loan immediately?
To get a Rs. 40,000 loan instantly, apply online with a bank or NBFC offering personal or secured loans. Choose a lender with minimal documentation and quick approval. Ensure you meet eligibility criteria and have necessary documents ready for faster processing. Loans against investments may offer quicker approvals.

What is the minimum salary for a 40000 loan?
There is no minimum salary requirement to avail of a Rs. 40000 loan against your investments. Instead, your eligibility depends on the value and type of securities you pledge such as shares, mutual funds, or insurance policies approved by your lender. As long as your pledged investments meet the lender’s criteria, you can access funds without income-based restrictions.

What is the interest rate for a 40000 Loan per month?
Interest rates for a Rs. 40000 loan may vary, depending on the lender and applicant profile. Monthly interest is calculated based on the annual rate, loan tenure, and repayment type. Secured loans offer lower rates than unsecured personal loans.

Show More Show Less

Related videos

Bajaj Finserv App for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.

Explore and apply for co-branded credit cards online.

Invest in fixed deposits and mutual funds on the app.

Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.

Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.

Apply for Insta EMI Card and get a pre-approved loan on the app. Explore over 1 million products on the app that can be purchased from a partner store on Low Cost EMIs.

Shop from over 100+ brand partners that offer a diverse range of products and services.

Use specialised tools like EMI calculators, SIP Calculators

Check your credit score, download loan statements, and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

GET THE APP

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.