Under 40k Rupees is extremely tight. Do you need the PC? Or peripherals, as peripherals, to my knowledge, means Keyboards and mouse.
This is the best I could do:
PCPartPicker part list:
https://in.pcpartpicker.com/list/cYfkkT
Price breakdown by merchant: https://in.pcpartpicker.com/list/cYfkkT/by_merchant/
CPU: AMD - Ryzen 3 1200 3.1GHz Quad-Core Processor (₹7754.00 @ Amazon India)
Motherboard: MSI - A320M PRO-VD PLUS Micro ATX AM4 Motherboard (₹5590.00 @ Amazon India)
Memory: Crucial - 8GB (1 x 8GB) DDR4-2400 Memory (₹6499.00 @ Amazon India)
Storage: Western Digital - Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive (₹3396.00 @ Amazon India)
Video Card: Asus - GeForce GTX 1050 Ti 4GB Phoenix Video Card (₹11600.00 @ Amazon India)
Case: Thermaltake - Versa H21 Window ATX Mid Tower Case (₹2826.25 @ Amazon India)
Power Supply: Corsair - CXM 550W 80+ Bronze Certified Semi-Modular ATX Power Supply (₹3364.71 @ Amazon India)
Total: ₹41029.96
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2017-12-31 12:34 IST+0530
It is a decent entry level PC, that will allow for a bit of future upgradability. There is no OS and SSD.