CreditMantri Finserve Private Limited
4th Floor Sudhama, 36 Vijayaraghava Road,T Nagar, Chennai, Tamil Nadu 600017
Have any queries? Click here for more details
All written queries will be responded within 1 working day.
We'd love to help you through every step along the way.
L&T Finance offers loans against property for loan amounts of up to Rs. 20 crores. Quick and efficient processing with affordable interest rates. Get maximum tenure periods of up to 15 years. End-to-end doorstep services through the nearest office. Check now!
Currently not available! Check Eligibility for similar products
L&T Finance Limited was integrated as a Non-Banking Finance Company in the year 1994, and is a wholly owned subsidiary of L & T Finance Holdings Limited. It is promoted by Larsen and Toubro, a leading construction and infrastructure company in India.
Everyone, at some point or the other, needs that much-needed support in the form of a loan, credit card etc. Whenever the need crops up, you can cash in on the value of your real estate - commercial as well as residential – and unlock the value of your property asset. With a loan against property from L&T Finance, you can now source funds at attractive interest rates and flexible tenures. A loan against property from L&T Finance has various benefits like:
L&T Finance loan against property can be availed by salaried individuals, self-employed professionals, and businessmen. They should be able to show a stable source of income, and should be over 21 years old at the time of application of the loan.
L&T Finance offers attractive interest rates depending on a host of eligibility criteria which might include - but is not limited to - your credit score, borrowing history and other factors that reflect your financial capability and behavior. For the latest interest rates, it is advisable to contact L&T Finance directly.
As part of the processing fees, you would be required to pay a login fee of Rs. 4,999 exclusive of services tax, which is nonrefundable. The actual loan processing fee could be up to 2 % plus service tax. For the full list of charges, you can visit the website.
The documents that you need to submit are as follows:
For the Salaried
For the Self-employed Professional
For the self-employed businessman
You need to keep your L&T Finance loan against property application reference number handy for future referencing. You can approach L&T Finance’s customer care while quoting the application number.
Who is eligible to apply for a loan?
Any salaried or self-employed Indian national who is credit worthy and has a suitable net worth and repayment capacity is eligible to apply for a loan against property from L&T Finance. He / she should be over 22 years of age at the commencement of the loan.
When can I apply for a loan against property?
If you are in urgent need of funds, for personal or business purposes, you can apply for an LAP instead of opting for a personal loan. The interest rates charged are competitive and the end use is flexible.
Is there a pre-payment option for L&T Finance LAP?
Yes. You can prepay the loan, subject to terms & conditions specified at the time of application of the loan.
What is the maximum loan amount that I can avail?
The maximum loan amount depends on the market value of the property as assessed by L&T Finance. It will specify the exact amount after approval and successful verification.
L&T Finance offers an array of finance products to suit every need and budget, and facilitates quick completion of the formalities once the loan is approved. It is a multi-purpose loan which you could use in times of financial crisis—for personal as well as business expenditure. Unlock the hidden value of your property by availing of a Loan Against Property.
You can apply for L&T Finance Loan Against Property in the following ways:
CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.