Features and benefits of Rs. 40,000 personal loan

  • Flexible repayment tenure

    Flexible repayment tenure

    Set a comfortable duration of up to 96 months, per your repayment capacity.

  • Reduced EMIs* with Flexi facility

    Reduced EMIs* with Flexi facility

    Lower your EMIs by up to 45%* with a Flexi Personal Loan when you pay interest-only EMIs.

  • No guarantee necessary

    No guarantee necessary

    Keep your assets safe as our unsecured personal loan of Rs. 40,000 does not require collateral.

  • Speedy loan approval

    Speedy loan approval

    Get instant approval in just 5 minutes* on your online loan application when you meet our simple eligibility parameters.

  • Minimum paperwork

    Minimum paperwork

    Ensure a quick application with just the essential documents required to prove your eligibility for an instant personal loan.

  • Fast transfers of funds

    Fast transfers of funds

    Access money in your account in just 24 hours* from approval to meet urgent needs.

  • Online management 24/7

    Online management 24/7

    Use your account with our dedicated customer portal, to easily track or manage your loan.

  • Nil hidden charges

    Nil hidden charges

    We offer 100% transparency in fees and charges for you to play your repayment efficiently.

Our personal loan of Rs. 40,000 is easy to apply for online with simple eligibility criteria.

It requires only a handful of basic documents for fast approval within just 5 minutes*. You can get this unsecured loan in your bank in just 24 hours*. This makes it a convenient option during emergencies or whenever you need immediate access to funds.

We offer special benefits, including pre-approved loans for our existing customers, which require only your contact details to show you the amount you are eligible for. This online personal loan is available with just a click.

Our online loan management system helps you track the monthly payments and handle other loan activities on the go, 24/7. Expect 100% transparency with no undisclosed charges on the Bajaj Finance Personal Loan of Rs. 40,000. Simply read the terms and conditions to make an informed choice.

The personal loan EMI calculator helps you calculate the monthly payments in seconds. Use it before you apply to plan your repayment.

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How much EMI will I need to pay for a personal loan of Rs. 40,000?


Approximate EMI at 13% interest rate

2 years


3 years


5 years


Eligibility criteria

  • Nationality



  • Age


    21 years to 80 years*

  • CIBIL Score

    CIBIL Score

    685 or higher

Use the Personal Loan Eligibility Calculator to see if you qualify.

Interest rates and charges

To help you make repayment all through the tenure stress-free, our instant personal loan comes with competitive interest rates and nominal charges.

Documents required for a Rs. 40,000 personal loan

Below are the documents required to get our personal loan:

  • KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
  • PAN card
  • Employee ID card
  • Salary slips of the last 3 months
  • Bank account statements of the previous 3 months
  • Utility bill of electricity and piped gas

How to apply for a personal loan of Rs. 40,000

Apply for a Rs. 40,000 loan from Bajaj Finance by following these steps:

  1. 1 Click on ‘APPLY ONLINE’ and open the application form
  2. 2 Share basic details and authenticate your information with an OTP
  3. 3 Enter the rest of the KYC, income, and employment data
  4. 4 Attach the essential documents required and submit the form for verification

Our associate will contact you to help with further loan processing. The funds will be transferred to your bank account within 24 hours* of approval.

*Conditions apply

Frequently asked questions

How to get a Rs. 40,000 instant loan urgently?

You can get a Rs. 40,000 instant loan by applying online from the Bajaj Finserv website. Once you complete the online application form in a few quick steps, update your KYC, and submit the required documents, our representative will contact you with the next steps.

How much CIBIL Score is required for a Rs. 40,000 personal loan?

A CIBIL Score of 685 or higher is required to get our personal loan.

How much interest rate is charged on a Rs. 40,000 personal loan?

The interest rate applicable on your personal loan depends on several factors such as your credit score, repayment history, monthly income, and so on.

Can I get an instant personal loan of Rs. 40,000 without collateral?

You do not need to pledge any collateral to get our personal loan.

What is the EMI for a Rs. 40,000 loan?

Your EMI depends upon the tenure and interest rate, apart from the amount. For example, for a Rs. 40,000 loan at an interest rate of 13% for a tenure of 2 years, will be approximately Rs. 1,902.

Can I get a Rs. 40,000 loan with bad credit?

You need to have a solid credit history to get our personal loan. You also need a CIBIL Score of 685 to apply for our personal loan.

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