On Bajaj Markets, apply for an L&T Finance Personal Loan and borrow amounts of up to ₹15 Lakhs. Enjoy low interest rates starting at 11% p.a. and flexible repayment tenures ranging up to 4 years. These loans are a great way to fulfil any financial requirement such as travel, medical emergencies, wedding expenses, etc.
The L&T Finance Personal Loan interest rates and other associated charges are as listed below:
Interest Rate |
11% p.a. onwards |
Processing Fee |
Up to 2% of loan amount + GST |
Prepayment Charges |
Up to 5% of the prepaid amount |
Foreclosure Charges |
5% of principal outstanding + applicable taxes |
*Disclaimer: The interest rates and charges mentioned above are subject to constant change at the lender’s discretion.
Year | Principal | Interest | Balance |
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Here are the personal loan eligibility criteria you need to fulfil to increase the chances of your application getting approved:
You must be an Indian citizen with valid ID proof
You must be between 23 and 57 years of age
Alongside this, you will also be required to furnish the following documents when applying for the loan:
PAN Card or Form 60
Aadhaar Card
Address Proof: Any one of the following in each category
1. OVDs:
Voter ID
Driving Licence
Passport
Job card issued by NNREGA, duly signed by State Government officials
Letter issued by the National Population Register
2. D-OVDs:
Electricity bill
Water bill
Postpaid bill
Property or Municipal tax receipt
Piped Gas bill
*If the utility bill is in the landlord's name - the rent agreement will be required
Follow these simple steps to apply for this personal loan on Bajaj Markets:
Click on ‘Apply Now’
Enter your personal and professional information
Select ‘L&T Finance’ from the list of loan providers
Fill in the loan amount and tenure required
Submit the application
Following this, a representative will reach out and guide you through further proceedings.
You can get a loan of up to ₹15 Lakhs with personal loans offered by L&T Finance.
Individuals under the age bracket of 23 to 57 are eligible to apply for a personal loan by L&T Finance.
Yes, you can enjoy part prepayment and foreclosure facility with this personal loan.
Reach out to L&T Finance’s customer care and ask for your personal loan statement. A representative will guide you through the process.
You can contact the customer care team of L&T Finance through the following points of contact:
Phone No: +91 72 64 8887 77