L&T finance offers consumer-based personal loans with an 11% interest rate per annum. This is an entirely digital loan. You can apply for a loan to solve your basic need like home renovation, medical expenses, or buy a new car.
Without any income proof, you can apply for an L&T finance personal loan. This NBFC company offers up to 7 lakh loans with 48-month tenure.
L&T Finance Loan Quick Recap
| Loan Amount | Up To 7 Lakh |
| Interest Rate | 11% – 19% p.a. |
| Tenure | 12 months – 48 months |
| Age Required | 23 – 57 years |
| Income | Not Required |
| Processing Fees | Up to 2% of the loan amount |
| Who Can Apply | Salaried Person / Self Employed |
Benefits of L&T Finance Personal Loan
Instant Approval: L&T finance offers instant customer-based personal loans within 72hour. Get money quickly after loan eligibility.
Affordable Interest Rate: The interest rate starts from 11% to 19% per annum. This NBFC Company gives you a very lower interest rate than other lenders.
Without Income Proof: You will get a personal loan without any income proof. Basically, it is a pre-approved-based personal loan.
Digital Process: Apply for an L&T finance loan online. You don’t need to go to any branch to apply. This is a fully digital process.
Pan India Serviceable: You can apply for a loan anywhere in India. L&T is accepting pan-India loan applications.
Flexible EMI: You can get a repayment tenure from 12 to 48 months. Easy & flexible repayment tenure offer given by L&T finance.
Pre-approved Offer: This is a pre-approved-based loan offer. You can get up to 7 lakh pre-approved loans without any income proof.
Also Read: Indusind Bank Personal Loan
L&T Personal Loan Interest Rate, Fees & Charges
| Interest rate | 11% to 19% per year |
| Processing Fee | UP to 2% of the loan amount |
| Late Payment Fee | 3% on overdue EMI |
| Foreclose Charges | 5% of the principal amount +GST |
| Minimum Loan Tenure | 12 month |
| Maximum Loan Tenure | 48 month |
Also Read: LazyPay Personal Loan
L&T Finance Loan Eligibility
- 700+ CIBIL Score required
- Applicant’s age should be 23 to 57 years
- Should be an Indian Citizen
- Active Bank Account
Documents Required for L&T Loan
Submit the following documents for the L&T Personal loan:
- Pan Card
- Aadhaar Card
- Residence Proof (Electricity bill / Gas bill)
- Bank Account
How to Apply for L&T Finance Personal Loan
This is an online loan application process. Just upload the documents to check your eligibility. Follow the step-by-step process:
Step 1: Click the “Apply L&T Personal Loan” button to start the process.
Step 2: Now fill in the basic details like Name, Mobile no, Email id, etc.
Step 3: After that, the L&T finance representative contacts you for the next step process.
Step 4: You have to submit your KYC details to check eligibility.
Step 5: After eligible, you will get the loan offer.
Step 6: Share your bank details to get the money to your account.
Also Read: Paytm Business Loan
L&T Finance Personal Loan Customer Care
You can contact for loan related or other quires through customer care number, Email id or send a letter to the office address.
Customer Care Number: 7264888777
Official Email Id: [email protected]
Office Address:
15th Floor, PS SRIJAN Tech Park,
Plot No 52, Block DN, Sector-V,
Salt Lake City, Kolkata – 700 091,
District 24-Parganas North
FAQs on L&T Finance Personal Loan
I am Self Employed. Can I apply for a loan?
L&T Finance offers pre-approved personal loans for both salaried and self-employed persons. You can apply as a self-employed professional.
Can I get the loan without any income proof?
You can apply for the loan without any income proof. If you are eligible, you will get the loan offer.
I don’t have any CIBIL Score. Can I able to apply?
No. L&T Finance personal loan minimum eligibility criteria are 700+ CIBIL Score to get the pre-approved loan amount.
What is the minimum & maximum loan amount L&T Finance is offering?
The minimum loan amount is Rs. 10,000 and the maximum loan amount is Rs. 7 lakh.
What is the interest rate of an L&T Finance consumer-based personal loan?
Interest rate starts from 11% to 19% p.a.
What is the meaning of a consumer-based personal loan?
If you used the consumer loan facility through L&T finance, you will get a pre-approved personal loan that is available without any income proof.