L&T Personal Loan

L&T Finance Personal Loan Overview – Key Details

Key Benefits & Standout Features of L&T Finance Personal Loan

1. Easy Disbursement

Get access to a high loan amount of up to ₹30 lakh, enabling you to finance big-ticket expenses such as weddings, medical treatments, travel, or home renovations without any hassle.

2. Quick Loan Approval

Benefit from an instant approval process that takes as little as 2 minutes*, ensuring that urgent financial needs are met without delays.

3. Competitive Interest Rates

Enjoy affordable borrowing with attractive interest rates starting at just 12% p.a.*, making your EMIs lighter and repayment stress-free.

4. Minimum Documentation

Say goodbye to lengthy paperwork. L&T Finance requires only essential documents, reducing the approval time and making the process simpler for applicants.

5. Top-Up Loan Facility

6. No Collateral Required

Secure a loan without pledging any asset. This unsecured loan option ensures you can borrow confidently without risking your property or valuables.

L&T Finance Personal Loan Interest Rate 2025 – Updated Details

L&T Finance offers personal loans at interest rates starting from 12% p.a.* in 2025. The rate is fixed for the entire tenure and depends on factors like your credit score, income, and repayment history. Customers can choose flexible repayment terms between 12 to 72 months, with minimal documentation and quick approval.

L&T Finance Personal Loan Eligibility

To qualify for an L&T Finance personal loan, applicants must meet the following basic criteria:

• Residency: Must be an Indian resident.
• Age: Minimum 21 years, maximum 58 years at loan maturity.
• Profession: Salaried employees or self-employed individuals with a stable income.

Documents Needed for L&T Finance Personal Loan Application

The documentation process for an L&T Finance Personal Loan is simple and user-friendly. Typically, you will need:

1. Identity Proof: Provide any one of the following government-issued IDs: PAN Card, Aadhaar Card, Voter ID Card, Driving Licence, or Passport.
2. Address Proof: Submit any one of the following, ensuring utility bills are not older than 2 months: Utility Bill (Electricity, Telephone, Post-paid Mobile, Piped Gas, Water Bill), Passport, Voter ID Card ,or Driving Licence
3. Income Proof:
   • For Salaried Individuals:
   • Provide salary slips for the last three months.
   • Submit the latest Form-16.
   • Share bank statements for the past three months showing salary deposits.
   • Alternatively, a salary certificate can be provided.
   • For Self-Employed Individuals:
   • Submit the latest Income Tax Return (ITR).
   • Statement:
   • A bank statement for the last three months is mandatory.

L&T Finance Personal Loan Fees & Charges

List of All Fees and Charges for L&T Finance Personal Loan

Disclaimer: The product features, interest rates, eligibility process to apply, and all other information specified above are as of when this page was written and are subject to change. For exact information, contact the bank or refer to the official website.

L&T Finance Personal Loan Apply Online

Online Through CreditMantri

• Click on ‘CHECK ELIGIBILITY’
• The application page will open
• Fill in the basic details like the Email ID, loan amount required, date of birth, mobile number, residence city, residence pincode, marital status, and gender.
• Tick all checkboxes for agreement terms.
• Click on “Submit” “Next”
• Enter the OTP you get on your registered mobile number.
• Proceed with the rest of the application and your application will be processed in no time.

Checklist to Apply for L & T Personal Loan Online

The loan application process is simple, fast, and entirely digital. Follow these four easy steps to apply:

• Check Loan Eligibility: Ensure you meet the basic eligibility criteria based on your age, income, and credit score. Use the online eligibility checker for quick confirmation.
• Submit KYC Details: Provide your KYC (Know Your Customer) documents such as identity proof, address proof, and income proof for verification.
• Mandate Registration: Complete the mandate registration process to authorize EMI payments directly from your bank account.
• Sign the Agreement:Review and digitally sign the loan agreement to confirm the terms and conditions. Once signed, your loan amount will be disbursed quickly.

What are the options to repay my L&T Personal Loans?

Repaying your L&T Finance personal loan is simple and convenient. The EMI amount is automatically debited from your bank account through an ACH, Standing Instruction (SI) mandate, or e-mandate. In case of insufficient funds or a dishonored ACH, you have alternative payment options. You can make payments online, pay in cash at the nearest L&T Finance branch, or use Airtel and PayNearby portals for hassle-free repayment.

Key Factors Affecting L&T Finance Personal Loan Eligibility

Lenders evaluate several factors to determine your eligibility for an L&T Finance Personal Loan:

• Credit Score: A high credit score shows good financial behavior and increases approval chances. Late payments or high credit usage can negatively impact eligibility.
• Employment Stability: Stable employment and consistent monthly income assure lenders of your repayment ability. Long tenures with reputed employers improve approval chances.
• Monthly Income: Sufficient income from salary or other sources ensures you can manage EMIs without financial strain. Higher income boosts eligibility.
• Existing Liabilities: Lenders review your repayment history for loans or credit cards. Timely payments and minimal debt obligations improve approval prospects.

L&T Finance Customer Care Number Personal Loan

L&T Finance provides multiple channels for customer support to address all your personal loan-related queries. Here’s how you can reach out:

Call Customer Care: For personal loans, you can contact the dedicated customer care team at 1800-268-0000. The helpline is available all days of the week (except national holidays) from 9:00 AM to 6:00 PM IST.

Email Support: You can send your queries or concerns via email at customercare@ltfs.com. Expect prompt responses from the team to resolve your issues.

Get a Callback: Fill out your name, mobile number, and product details on the L&T Finance website to request a callback.

Connect via WhatsApp: Message "Hi" or "Hello" to +91 7378333451 to connect with the L&T Finance team directly on WhatsApp. It's a convenient way to get instant updates and support.

Use the Chatbot: Need quick answers to your questions? L&T Finance’s chatbot is available on their website to provide instant support. Just click "Say Hello" to get started.

Planet App: Download the Planet App from the Google Play Store or Apple App Store to manage your loan details, check repayment schedules, and much more, right from your smartphone.

Locate a Branch: If you prefer in-person assistance, you can locate the nearest branch using the "Locate Us" feature on the L&T Finance website.

Frequently Asked Questions

Disclaimer:This page includes information that has been compiled from many sources and is only offered for informational purposes. Since this type of data might change over time, we cannot guarantee that the information supplied or included within it is accurate. It is anticipated that the user would confirm with the relevant source prior to taking any choices or actions.