L&T Finance Personal Loan Apply

L&T Finance Personal Loan Apply- Up To 7 Lakh

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 needs 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 months tenure.

L&T Finance Loan Quick Recap

Loan AmountUp To 7 Lakh
Interest Rate11% – 19% p.a.
Duration12 months – 48 months
Age23 – 57 years
Loan Approval100% Digital
Processing FeesUp to 2% of the loan amount
Who Can ApplySalaried Person / Self Employed

Benefits of L&T Finance Personal Loan

Instant Approval: L&T Finance offers instant customer-based personal loans within 72 hours. 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 much lower interest rate than other lenders.

Without Income Proof: You will get a personal loan without any income proof. 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 rate11% to 19% per year
Processing FeeUP to 2% of the loan amount
Late Payment Fee3% on overdue EMI
Foreclose Charges5% of the principal amount +GST
Minimum Loan Tenure12 month
Maximum Loan Tenure48 month

Types of L&T Finance Loan

L&T Finance Consumer Loan

Get L&T Finance consumer loan in form of pre-approved personal loan. Use this personal loan for various purpose like education cost, home renovation, buy car, medical expenses etc.

Loan Amount: Rs. 50,000 to Rs. 7 Lakh

Repayment Tenure: 12 to 48 months

L&T Finance Micro Loan

Micro loan is short term loan tenure for joint liability group of women.  Micro loans divided into 3 categories:

1. L&T Finance Vikaas

This scheme is available for first time L&T Finance borrower

Loan Amount: Rs. 30,000 to Rs. 40,000

Term: 24 months

2. L&T Finance Vishwaas

Existing L&T Finance customer who complete EMI of 1 year

 Loan Amount: Rs. 40,000 to Rs. 75,000

Term:  2 years to 33 months

3. L&T Pragati

The existing L&T Finance customer who paid 12 months EMI are eligible for L&T Pragati scheme.

Loan Amount: Rs. 60,000 to Rs. 1.1 Lakh

Term: 36 months

Also Read: LazyPay Personal Loan

L&T Finance Loan Eligibility

  • 730+ 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 an 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: Let’s start with “L&T Finance Personal Loan” that offers 100% online.

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.

Step 4: submit borrower KYC details and check eligibility.

Step 5: Get instant loan approval message to your phone.

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

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FAQs on L&T Finance Personal Loan

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. What is the interest rate of an L&T Finance consumer-based personal loan?

    Interest rate starts from 11% to 19% p.a.

  6. What is the meaning of a consumer-based personal loan?

    If you use the consumer loan facility through L&T Finance, you will get a pre-approved personal loan that is available without any income proof.

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