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L&T Finance Personal Loan

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Instant Personal Loan

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Quick Loan Approval

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Minimal Documentation

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Quick Digital Disbursal

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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto ₹25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee₹ 6,500
Axis Bank
Low Processing fee
Max Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Kotak Mahindra Bank
Lowest Income requirement100% Digital Process*
Max Loan Amt.Upto ₹25L
Rate of Interest9.98% - 17.2%
Tenure upto1-5 Years
Processing Fee1.1% - 1.5%

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Compare & Choose the Best Offer

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End-to-End Digital Process

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

About L&T Finance Personal Loan

  • L&T Finance has tied-up with Paisabazaar to offer instant personal loans to fund various personal needs of its applicants at competitive interest rates.
  • The loan proceeds can be used for various purposes, such as medical emergencies, home renovation, wedding, vacation, education, debt consolidation, etc.
  • The lender claims to offer quick loan approval in just 2 minutes.
  • Existing personal loan borrowers can also apply for top-up personal loans depending on their eligibility.
  • The borrowing process is completely digital with minimal documentation.
  • Applicant can avail a maximum loan amount of Rs. 30 lakh with flexible repayment tenure.

L&T Finance Personal Loan Interest Rates in 2025

L&T Finance offers personal loans at an interest rate of 11% p.a. onwards. The personal loan interest rates for L&T Finance usually depend on several factors, such as applicant’s credit score, income, employment stability, employer’s profile and existing relationship with the NBFC.

L&T Finance Personal Loan Eligibility Criteria

To be eligible for a personal loan from L&T Finance, applicants must meet the following criteria:

  • Residency: Indian resident
  • Age requirement: 21 years to 58 years
  • Profession: Salaried or self-employed individuals

Documents required for L&T Finance Personal Loan

Find below a detailed checklist of documents required to apply for personal loan based on your employment type:​

  • Identity Proof: PAN and any one of the following, such as Aadhaar Card, Passport, Voter ID, Driving License, Job card by NREGA and Letter issued by the National Population Register containing details of name and address
  • Address Proof: Aadhaar card, Voter ID, Passport, Driving License, Last 2 months’ Utility Bills (Electricity, Telephone, Post-paid Mobile Phone, Piped Gas, Water Bill)
  • Income Proof for Salaried: Last 3 month’s salary slips, Form 16, Last 3 month’s bank statement reflecting salary credits / Salary Certificate.
  • For Self-Employed: Latest Income Tax Return (ITR) and Last 3 months’ bank statement

Note: Income proofs shall vary for different professionals across salaried and self-employed individuals.

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L&T Finance Personal Loan Fees & Charges

L&T Finance applies various fees and charges to its personal loan. Below stated is a detailed representation. ​

Particular Charges
Processing Fees Up to 3% of the loan amount (Non-refundable)
Late Payment Charges 2% (p.m.) on EMI overdue
Part-payment Charges Up to 5% of pre-paid amount
Foreclosure Charges 5% of principal outstanding amount
Loan Cancellation Charges Nil – for 3 days from date of disbursalFrom 4th day – 5%+ applicable taxes (on the outstanding loan amount)
Document Charges Nil for Statement of Account (SOA), Repayment Schedule, Foreclosure Letter, Welcome Kit
EMI Bounce Charges Up to Rs. 1000
Repayment Swap charges Rs. 500
Duplicate NOC Charges First 3 paper copies – free of costFrom 4th Paper copy – Rs. 250
Legal/ Recovery Charges As per actuals

Note: All fees and charges mentioned above are exclusive of taxes and shall attract applicable taxes as per prevailing laws (e.g., GST).

How to Apply for L&T Finance Personal Loan Online

To apply for L&T Finance Personal Loan Online you need to visit Paisabazaar and follow the below mentioned simple steps:

Step 1: Visit the Paisabazaar’s official website or mobile app and click on ‘Personal Loan’ section.

Step 2: Enter your mobile number in the application form and click on ‘Proceed’ to receive an OTP.

Step 3: Authenticate with the received OTP and fill in the basic details to click on ‘Proceed’.

Step 4: Check and compare from all the available offers from multiple banks and NBFCs and click on ‘Apply Now’ as per your requirements.

Step 5: Fulfil the required details from the lenders to avail personal loan.

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Explore Our Personal Loan Lenders

HDFC BANKHDFC BANKAxis BankAxis BankKotak Mahindra BankKotak Mahindra BankICICI BankICICI BankFederal BankFederal BankIDFC First BankIDFC First BankIndusind BankIndusind BankRBL BankRBL BankTata CapitalTata Capital
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FAQs

The interest rates offered on L&T Finance personal loan is 11% p.a. onwards. However, the exact interest rate offered shall depend on your credit score, income, employment stability, employer’s profile, etc.

L&T Finance offers personal loans for loan amounts of up to Rs 30 lakh.

Yes, you can utilize the loan amount availed as personal loan for home renovation like painting, fencing, tiling, adding extra room, balcony, etc.

Yes, if you are a pre-approved customer of L&T Finance then you are eligible for instant personal loan with quick disbursal and no documentation.

The NBFC has not specified about the minimum CIBIL score criteria to be considered while offering personal loans. However, you should maintain a decent CIBIL score of at least 730+ to avail personal loan at competitive interest rates.

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What our customers say

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026

Meri shaddi thi

Shadi mai bht kharche hote hai. Maine shaddi ke liye personal loan paisabazaar se liya tha. Process smooth tha or interest bhi sahi milla.

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Sadia KhatunJan 15, 2026

Travel ke liye personal loan liya tha

Mai bohot din se out of India ghumne jana chahti thi lekin jab jane ka time mila toh budget kaam padh raha tha, Paisabazaar se personal loan leke bht acha trip kiya. Maza agaya. Mere upar koi burden bhi nhi padha

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Tarini RoyJan 14, 2026

Easy personal loan available

Took personal loan. Good experience.

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Ruchika TiwariJan 14, 2026

Medical Emergency thi, loan jaldi mil gya

Muhje ek medical emergency ke liye personal loan lena padha. Paisabazaar pe bht jaldi or smooth process tha. time pe kaam agaya.

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Raj SinghJan 13, 2026

Compare karke sahi rate mila

Loan offers jab comapre kiya toh pata chala konse loan lene se muhje sahi mai faida hoga. Isiliye Paisabazaar muhje best laga.

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Akrity PandeyJan 5, 2026

Personal loan fatfat mai mil gaya

Muhje paiso ki urgent need thi. Paisabazaar se loan jaldi or sahi rate pe mil gaya.

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Riya MehraJan 5, 2026

Loan from Paisabazaar was actually paperless

I always used to think that the paperless loan is a myth. But on Paisabazaar, I applied for the pre approved loan from IDFC Bank and all documentation was already done. I just filled the form, did kyc and my loan was approved and disbuursed one the same day.

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Tanmay BorkatakiDec 12, 2025

Best place for a small loan

I have take loan of 60-70000 three times from paisabazaar in 4 years and every time it has been a very good experience. They provide the loan without failure and have also helped me improve my cibil.

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Aridaman Singh ParhichaDec 11, 2025
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