If your salary is Rs 40000 then you will know about how much personal loan you can get.
To take a personal loan, the CIBIL score should be more than 750, then you will get the loan easily.
Many banks or financial companies offer personal loans ranging from 10 times to 20 times the monthly income.
You can get a personal loan of Rs 4 lakh to Rs 8 lakh on a salary of 40000.
The maximum amount for a personal loan depends on factors like CIBIL score, employment, place of residence, repayment capacity.
To take loan against 40000 salary, your minimum age should be 21 years and maximum 60 years.
By downloading some apps, you can easily take loan on 40000 salary. Like - PaySense, Navi App, Kredit Bee, CASHe, Early Salary etc.
You will be asked for income proof, in which the latest 3 months salary slip and last 6 months bank account statement will have to be given.
You can click on the link to know about where to take the loan.