Know more about the loan to professionals offered by L&T Financial Services on Bajaj Markets
Apply for Professional Loans in India. Get up to ₹75 Lakhs now!
Want to open your own clinic or start your own CA firm? Accomplish all your dreams with a loan of up ₹75 Lakhs offered by L&T Financial Services on Bajaj Markets. This loan enables you to enjoy lower interest rates starting at just 11.50% p.a. You can also repay the loan over a tenure of up to 60 months. Also, the flexi overdraft facility makes it easier to manage your finances and save on loan costs.
The L&T Financial Services Loan to Professionals interest rates and charges are as follows:
Interest Rates |
11.50% p.a. to 15.50% p.a. |
Processing Fee |
1.50% + GST |
Foreclosure Charges |
Within 6 months - 10% +GST After 6 months - 5% + GST |
*Disclaimer: The mentioned details are subject to change at the lender’s discretion.
Features and Benefits
High Loan Amount
Borrow up to ₹75 Lakhs to buy new equipment, scale your practice, hire new staff, etc.
Low Interest Rates
Benefit from interest rates starting at just 11.50% p.a.
Flexible Tenures
Enjoy loan tenures of up to 60 months and repay the loan at your convenience
Flexi Overdraft Facility
Pay interest only on the amount you utilise from the predetermined limits
Quick Disbursal
Receive the loan amount within 4 days of the application being approved
Zero Collateral
Get the required loan without providing any of your assets as collateral
To be eligible for this loan, fulfil the following criteria:
You must be a self-employed doctor, chartered accountant (CA), or company secretary (CS)
You must fall within the age bracket of 24 to 65 years
Furthermore, you need to provide the following documents when applying for the loan:
KYC documents of the borrower and co-borrower (if applicable)
Degree or qualification proof
Proof of ownership
How to Apply?
Follow these simple steps to apply for an L&T Financial Services Professional Loan on Bajaj Markets:
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Click on the ‘CHECK OFFER’ option on this page
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Provide your personal and professional details
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Select ‘L&T Financial Services’ from the list of lenders
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Choose your preferred loan amount and tenure
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Click on ‘Submit’
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After this, a representative will contact you to guide you through the process.
FAQs
Can I get regular updates on my loan application status?
L&T Financial Services provides real-time updates on your loan application status. Reach out to the lender to get access to this facility.
What is the interest rate offered on an L&T Financial Services Loan to Professionals?
You can get this loan for professionals at interest rates starting from just 11.50% p.a.
How long does it take for an L&T Financial Services Loan to Professionals to be disbursed?
The loan amount is typically transferred to your account within 4 days of your application being approved.
Can I foreclose my loan from L&T Financial Services?
Yes, you can foreclose your loan to professionals. However, to utilise this facility, you may be asked to pay a penalty. If you close the loan within 6 months, then you are required to pay a 10% charge. Meanwhile, if you foreclose the loan after completing 6 months, you need to pay a 5% penalty.
