Unlock the value of your property with an L&T Finance Loan Against Property (LAP) on Bajaj Markets. Get up to ₹7.5 Crores at competitive rates starting from 9.60% p.a. Enjoy flexible tenures of up to 15 years, with disbursal within 72 hours to help you achieve your financial requirements.

The L&T Finance Loan Against Property interest rates and charges are as listed below:

Disclaimer: The aforementioned details are subject to change at the lender’s discretion.

Here is a detailed breakdown of other fees and charges associated with an L&T Finance Loan Against Property to help you plan better:

L&T Finance offers a range of loans against property options to meet different financial requirements. These loans allow you to leverage your property to access funds at competitive interest rates. The main types include:

• Loan Against Property

This option lets you unlock the value of your property to meet various needs like business expansion, higher education, or personal requirements. It offers flexible repayment plans, competitive interest rates, and quick processing for a smooth borrowing experience.

• Micro Loan Against Property

Designed for smaller funding needs, this loan allows you to access the equity in your property with minimal hassle. It features competitive interest rates, extended repayment options, and quick approval, ensuring funds are available when you need them.

• Loan Against Property Top Up

With this option, you can get additional funds over and above your existing loan against property. Suitable for both personal and professional needs, it offers flexible repayment, competitive rates, and fast disbursal to support your requirements.

Here are the eligibility criteria you must meet to apply for an L&T Finance Loan Against Property seamlessly:

• For Salaried Individuals

You should be between 23 and 62 years of age and employed with a private company, public sector organisation, or multinational corporation

• For Self-employed Individuals

You should be between 25 and 70 years of age and must earn a steady income through a registered business or professional practice

• Residency

You must be an Indian resident with a valid address proof

To ensure a smooth and hassle-free application process, keep the following documents ready:

• PAN card and Aadhaar card as identity proof

• Passport, Voter ID, Utility Bill, Driving Licence, or Registered Rent Agreement as address proof

• PAN card or Form 60, as applicable

• Title documents and ownership proof of the property to be mortgaged

• Latest salary slips and bank account statements for the last 3 months (for salaried individuals)

• Income Tax Return (ITR) filings (for salaried individuals)

• Bank account statements for the last 12 months (for self-employed individuals)

• ITR filings for the last 2 years (for self-employed individuals)

• CA-certified Profit and Loss statements and Balance Sheets for the last 2 years (for self-employed individuals)

• ITR filings and financial statements of the business (for self-employed professionals)

• Bank account statements for the last 6 months (for self-employed professionals

Here is how you can easily apply for an L&T Finance Loan Against Property on Bajaj Markets:

1. Click on the ‘Check Offer' button available on this page

2. Fill in your personal and professional details accurately

3. Choose ‘L&T Finance’ from the list of available lenders

4. Enter the required loan amount and select your preferred repayment tenure

5. Submit your application form and wait for a representative to contact you for the next steps

You can easily check the status of your L&T Finance Loan Against Property online by following these steps:

1. Visit the L&T Financial Services website

2. Scroll down the page and click on the ‘Self Help Options’ button

3. Log in by entering your registered mobile number and entering the OTP

4. Navigate to the section for tracking loan applications

5. Enter your application or reference number

6. Review the displayed status details

You can check your L&T Finance Loan Against Property statement by following these steps:

Via Website

1. Visit the L&T Finance website and click on the login button at the top right
2. Enter your registered mobile number and click on ‘Continue’
3. Enter the OTP received on your mobile to log in
4. On the homepage, go to the loans’ section
5. Select the loan you want the statement for
6. Print or download your loan statement as a PDF

Through the ‘L&T Finance PLANET - Loan App’

1. Download the L&T Finance PLANET app from your device’s app store
2. Log in with your loan account details
3. On the homepage, select Loan Accounts, and click on Download to get your statement

L&T Finance provides flexible repayment options through its offerings, enabling you to choose a plan aligned with your financial requirements.

• EMI Repayment

Repay the loan through convenient monthly instalments comprising both principal and interest. Payments can be made via internet banking, auto-debit, NEFT, RTGS, or UPI.

• Prepayment and Part-prepayment

Opt for full or partial prepayment to reduce the outstanding principal and interest liability. You may adjust your EMIs or shorten the loan tenure in line with your repayment strategy.