1940 Ligas Provinciales de Lima y Callao
| Season | 1940 |
|---|---|
| Dates | 13 October 1940 – 22 December 1940 |
| Champions | Santiago Barranco Telmo Carbajo |
| Relegated | Alianza Libertad Alianza Pino White Star Sportivo Melgar Scuola Deportiva Italia |
← 1939 1941 → | |
The 1940 Ligas Provinciales de Lima y Callao, the second division of Peruvian football (soccer), was played by 19 teams (11 from the Liga Provincial de Lima and eight from the Liga Provincial del Callao). From 1931 until 1942 the points system was W:3, D:2, L:1, walkover:0.
Santiago Barranco and Telmo Carbajo, as champions of their respective leagues, qualified for the Promotion Playoff (Liguilla de Promoción). However, only Telmo Carbajo secured promotion to the 1941 Peruvian Primera División after winning the playoff tiebreaker match 3–2 against Santiago Barranco.