Principal Amount
₹
- 3000
- 5L
Total Interest Payable
- 6
- 38
Loan Term (in months)
- 3
- 72
Your Monthly EMI Is
₹ 0.00
Total Interest
₹ 0.00
Total Amount Payable
₹ 0.00
Get Personal Loans up to 2 Lakhs in 6 minutes
Get Personal Loans up to 2 Lakhs in 6 minutes
Select Language :
A ₹4 Lakh Personal Loan is a convenient financing option to cover major expenses like medical emergencies, home renovations, and more. With interest rates starting from 1.5% per month, the loan offers flexible repayment tenures of 6, 9, 12 or 18 months, allowing you to choose what suits you best. It’s a 100% online process with zero documentation required, and loans are approved in under 6 minutes. Once approved, the amount is disbursed directly to your bank account within 24 to 48 hours, making it a fast, hassle-free solution for all of your urgent financial needs.
Taking a personal loan means avoiding a lengthy application process & waiting days to get approved. But that’s not it. For reference, here are few features and benefits for taking 4 lakhs personal loan from us:
We offers unsecured personal loans so you can enjoy the convenience of instant cash loan without having to give any collateral. This means you don’t have to pledge any of your assets to get access to the cash you need.
With us, the flexibility of borrowing doesn’t end after you receive the cash in your account. You can get a ₹4 lakh Personal Loan & repay it in 6, 9, 12 or 18 EMIs.
Get instant loan from us where you can get approved for a personal loan in less than 60 seconds and have the money in your account on the same day!
Get the best interest rate on your personal loan based on your credit score. We offers interest rates starting at as low as 1.5% per month.
You don’t have to upload any document to complete your application on us. Just submit your PAN & Aadhaar number along with other basic details and get a ₹4 lakh Loan instantly.
When you calculate 4 lakh personal loan emi for different tenures by personal loan EMI calculator, you can choose a repayment plan that suits your budget and even compare loan offers across various lenders.
This is the formula to calculate your ₹4 lakh personal loan EMI.
E = 400000 x R x (1+R)^N / [(1+R)^N-1], where
E is your personal loan EMI amount
R is the monthly interest rate
N is the no. of months of EMI payment
You can either use this formula or use our ₹4 lakh loan personal loan EMI calculator.
It is very important to understand your 4 lakh personal loan EMI options before taking a loan. By doing this you will be able to repay your loans on time and plan your budget better.
We offers flexible repayment options so you can repay the loan on your terms. You can borrow the money you need and choose to repay in 6, 9, 12 or 18 EMIs.
This is what your EMIs for ₹4 lakh loan will look like when you take a loan from us at 18% annual interest rate:
| Loan Amount (₹) | Interest Rate (%) | Tenure (in months) | EMI (₹) |
|---|---|---|---|
| 400,000 | 18 | 6 | 70,210.09 |
| 400,000 | 18 | 9 | 47,843.93 |
| 400,000 | 18 | 12 | 36,672.00 |
| 400,000 | 18 | 18 | 25,522.31 |
Note: The above table is just for illustration purposes. The actual number may differ.
Check out the charges mentioned below if you apply for ₹4 Lakh personal loan with us:
| Fees & Charges | Amount Chargeable |
|---|---|
| Interest Rate | Starting at as low as 1.5% (monthly) |
| Loan Processing Charges | Processing fees from 2% to 6% on every loan |
| Penalty on Overdue EMIs | Overdue interest and late payment penalty charges will be charged to your total outstanding loan on a daily basis |
Some basic eligibility criteria are as follows:
21 years or above
Indian with a valid PAN & Aadhaar card
Salaried individual
Monthly income of at least ₹15,000
Complete your loan application process without any required document uploads or paperwork. This is all that you will need:
After you get approved, complete a selfie verification to complete your KYC & get your loan offer. Since this is real-time photo verification, you don’t need to upload any documents.
You will have to enter your PAN & Aadhaar number to get a loan offer & to complete your KYC. (Physical copy not required)
If you want to apply for a higher loan limit, get approved for an increased limit just by uploading your bank statement for the last 4 months.
Complete your instant personal loan application in less than 6 minutes by following these simple steps:
1) Get the Zype app from PlayStore or AppStore & create your account.
4) Complete your KYC by adding your Aadhaar number & doing a selfie verification to get your loan limit.
While a CIBIL score is an important factor in determining your loan eligibility, not everyone has a perfect credit history. Some lenders offer flexibility in the loan process, and even with a low or no CIBIL score, you may still qualify for a loan. Interest rates may vary based on your profile, but there are lenders who strive to offer the best possible terms to all applicants.
Yes, with Zype, you can avail of a ₹4 Lakh personal loan without the hassle of submitting physical documents. Our loan process is entirely digital and paperless. Simply provide necessary details online, and your loan will be processed quickly and efficiently.
Zype offers unsecured personal loans, meaning you don’t need to pledge any collateral. The loan amount is based on your income, creditworthiness, and other factors. As long as you meet our eligibility criteria, you can get a ₹4 Lakh loan without needing to put up any assets as security.
The minimum income requirement for a ₹4 Lakh loan varies based on your financial profile. Typically, if you apply with Zype, for salaried individuals, a monthly income of at least ₹25,000 to ₹30,000 is needed.
To be eligible for a ₹4 Lakh personal loan, a CIBIL score of 750 or above is generally preferred. A higher score demonstrates your creditworthiness, which can help secure better interest rates and favorable terms. However, even if your CIBIL score is lower, you may still qualify for a loan, although the interest rate could be higher.
Several factors affect your ₹4 Lakh personal loan EMI, including:
Zype offers competitive interest rates, and the lowest interest rate depends on your financial profile, including your credit score, income, and repayment history. A good credit score can help you secure the best possible interest rates for your ₹4 Lakh loan.
The EMI for a ₹4 Lakh personal loan depends on the interest rate and tenure. For example, if you take a ₹4 Lakh loan at an interest rate of 18% for a 12-month tenure, your EMI will be approximately ₹40,000. You can use our EMI calculator to get an exact figure based on your loan details.
A CIBIL score of 750 or above is generally considered ideal for a ₹4 Lakh personal loan. However, Zype offers flexibility in loan approvals, and we may consider applicants with a lower CIBIL score, though interest rates might be higher. A good CIBIL score increases your chances of securing the loan with favorable terms
Zype’s eligibility for a ₹4 Lakh personal loan typically depends on several factors, including:
Select the loan details you want to know