₹4 Lakh Personal Loan
For your medium to large expenses that need quick funding, a 4 lakh personal loan can be the ideal solution.
Sufficient amount to meet your financial needs, and EMIs still affordable enough for your wallet!
Last Updated: January 29, 2026
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.
Collateral-Free Borrowing:
Get the funds you need without pledging any asset.
Repayment Your Way:
Pick a repayment duration between 12 and 84 months, customised for convenience.
Speedy Approval & Payout:
Digital processing ensures quick verification and disbursal.
Simple Documentation:
Minimal documentation makes the application and approval hassle-free.
Restriction-Free Usage:
Use the funds as and when needed without any restrictions.
Eligibility Criteria for a 4 Lakh Personal Loan
Age
Between 21 to 65 years
CIBIL Score
700+
Employment
Salaried or self-employed
Residency
Must be an Indian resident
For Salaried Applicants
Monthly Income:
- Starting From ₹25,000
Minimum Work Experience:
- Minimum 2 Year
For Self-Employed Applicants
Annual Turnover:
- Starting From ₹6 lakh
Business Age:
- At least 3 years
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
If Salaried
If Self-Employed
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
Credit profile
A high credit score equals better rates
Income
Higher income equals improved eligibility for lower EMIs
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!
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
Instant loan
Easy comparison
Quick approval
Complete digital process
Dedicated customer support
Frequently Asked Questions
Everything you need to know about Personal Loans from My Mudra.