Know more about the business loan offered by L&T Financial Services on Bajaj Markets
✓Minimal Documentation ✓Flexible Repayment ✓Collateral Free Loan | Apply for Business Loan Now!
Get funds to scale your business with L&T Financial Services Business Loan on Bajaj Markets. You can borrow amounts of up to ₹75 Lakhs at interest rates starting from just 15.50% p.a. Furthermore, you can repay the loan over flexible tenures ranging up to 60 months. You can also get a flexi overdraft facility with this loan. Under this, pay interest only on the amount you utilise from the approved limit.
The L&T Financial Services Business Loan interest rates and charges are as follows:
Interest Rates |
15.50% p.a. to 20% p.a. |
Processing Fee |
2% + GST |
Foreclosure Charges |
|
*Disclaimer: The mentioned rates are subject to change at the lender’s discretion.
Features and Benefits
High Loan Amount
Fulfil all your business needs with the help of high loan amounts of up to ₹75 Lakhs
Low Interest Rates
Enjoy low repayment costs with attractive interest rates starting at 15.50% p.a.
Flexible Tenure
Repay the loan over extended tenures of up to 60 months
Flexi Overdraft Facility
Use a portion of the set limit and pay interest only on the amount utilised
Zero Collateral
Borrow the required amount without having to submit any of your assets as collateral
Ensure that you fulfil the following criteria to be eligible for this loan:
Your business must have a vintage of at least 3 years
You must fall under the age bracket of 24 to 65 years
You should be a self-employed non-professional like a manufacturer, trader, or service provider
Alongside this, you will also be required to submit the following documents:
The borrower and co-borrowers’ KYC documents
Bank statements of the last 6 months
Business financial statements of the last 6 months
Proof of ownership
Proof of business continuity
How to Apply?
Follow these simple steps to apply for an L&T Financial Services Business Loan on Bajaj Markets:
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Click on the ‘CHECK OFFER’ option
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Enter your personal and professional details
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Now select ‘L&T Financial Services’ from the list of lenders available
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Choose your preferred tenure and required loan amount
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Click on ‘Submit’
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After this, a representative will reach out to you for further proceedings.
FAQs
How much can I borrow with an L&T Financial Services Business Loan?
You can get amounts of up to ₹75 Lakhs with a business loan from L&T Financial Services. However, this is subject to your eligibility and the lender’s policies.
What is the interest rate of the business loan offered by L&T Financial Services?
L&T Financial Services offers interest rates starting from just 15.50% p.a.
What is the L&T Financial Services Business Loan customer care number?
The customer care number for L&T Financial Services is 9158004777. You can contact them from Monday to Saturday, 9 am to 8 pm.
What is the flexi overdraft facility offered by L&T Financial Services?
The flexi overdraft facility enables you to pay interest only on the amount utilised from the predetermined limit.
