Know more about the business loan offered by L&T Financial Services on Bajaj Markets
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 |
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*Disclaimer: The mentioned rates are subject to change at the lender’s discretion.
Fulfil all your business needs with the help of high loan amounts of up to ₹75 Lakhs
Enjoy low repayment costs with attractive interest rates starting at 15.50% p.a.
Repay the loan over extended tenures of up to 60 months
Use a portion of the set limit and pay interest only on the amount utilised
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
Follow these simple steps to apply for an L&T Financial Services Business Loan on Bajaj Markets:
Click on the ‘Check Offer’ option
Enter your personal and professional details
Now select ‘L&T Financial Services’ from the list of lenders available
Choose your preferred tenure and required loan amount
Click on ‘Submit’
After this, a representative will reach out to you for further proceedings.
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To be eligible, your business must be operational for at least 3 years, and you must be between 24 to 65 years old. Self-employed non-professionals, such as manufacturers, traders, or service providers, are eligible to apply.
The interest rate for an L&T Financial Services Business Loan starts at 15.50% p.a., depending on your credit profile and loan terms.
You can borrow up to ₹75 Lakhs with an L&T Financial Services Business Loan, depending on your business requirements and eligibility.
You can reach L&T Financial Services customer care at 1800-268-0000, available Monday to Saturday from 9 AM to 6 PM (excluding national holidays).
No, L&T Financial Services Business Loan is unsecured, meaning you do not need to provide any collateral to avail of the loan.