L&T Personal Loan

A personal loan is a great way to fund your financial obligations such as travel, medical emergencies, wedding expenses, etc. An LTFS Consumer Loans can be the answer to all your financial woes. Apply for an L&T personal loan of up to ₹7 Lakhs on Bajaj Markets from the comfort of your home. 

LTFS Consumer Loans Details

L&T Processing Fees & Charges

Here are the fees and charges associated with L&T Personal loans: 

L&T Personal Loans: Eligibility & Documents

1. Eligibility Criteria

Here’s the personal loan eligibility criteria for applying for an L&T personal loan: 

• The applicant must be an Indian citizen with valid ID proof 

• The applicant must be between 23 to 57 years of age

2. Documents Required

Here are the documents that you’d need in order to apply for an L&T personal loan:

• Pan Card/Form 60 (Mandatory)

• Aadhaar Card

• Address Proof:

  1. OVDs: Voter ID/Driving Licence/Passport/Job card issued by NNREGA, duly signed by State govt. officials/Letter issued by National population register/Proof of possession of Aadhar Number

  2. D-OVDs: Electricity bill/Water bill/Postpaid bill/Property/Municipal tax receipt/Piped Gas bill

*If utility bill is in landlord's name - rent agreement will be required

You can use an L&T personal loan EMI calculator to arrive at an estimated EMI. All you’d need to do is enter your loan amount, loan tenure and interest rate. Getting estimates of your EMI payments will help you understand your financial obligations and help you plan your finances better. 

Features and Benefits of L&T Personal Loan

Here are some of the features and benefits of an LTFS Consumer Loans: 

• High Loan Amount

With an L&T personal loan, you can get up to ₹7 Lakhs to meet your immediate financial requirements.

• No Collateral Required

This is a collateral-free personal loan, this means that you needn’t submit any collateral or security. 

• Quick Disbursal

Once your application is verified, the loan amount will be credited to your bank account in just 24 hours. 

• Completely Digital

You can apply for an L&T personal loan from the comfort of your home. The entire process can be completed online, without having to make any physical visits. 

• Attractive Rate of Interest

The personal loan interest rate starts as low as 11%, making L&T personal loan an affordable option.

• Minimal Documentation

You can get approval only on the basis of your KYC documents. Income proof will not be required.

Comparison of L&T Personal Loan Interest rates with other Partner Lenders

Here’s the interest rates of some of our partners. You can compare and contrast these interest rates to make an informed decision.