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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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Pre-approved Offers with Instant Disbursals

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Know Your Chances of Approval

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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

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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

Best marketplace to shop for loans

I highly recommend Paisabazaar app to everyone looking out for personal loans. The customer support is so supportive and follows up with you throughout the loan process.

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Shweta SinghNov 13, 2025

Highly recommended platform

I applied for a personal loan for medical emergency through Paisabazaar and got amazing service like nowhere else. The team was extremely cooperative and followed up with me until I had my loan amount in my account. My loan was disbursed within 24 hours. It is indeed an excellent platform for taking loans.

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Sunil YadavOct 29, 2025

Instant loan disbursal

I applied for a personal loan through Paisabazaar and got my loan disbursed in no less than 24 hours. The team was extremely cooperative, guided me through the entire process and followed up with me until I had my loan amount in my account. I highly recommend this platform to everyone looking for an urgent loan.

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Neha JainOct 29, 2025

Excellent platform

Excellent platform for personal loan comparison! Their EMI calculator helped me pick the best tenure & my monthly emi.

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Manish KumarOct 23, 2025

Got personal loan instant

I was a medical emergency &amp; need funds instantly I applied for loan at Paisabazaar &amp; see I have a pre approved offers &amp; apply to it &amp; amount disbursed in 48 hours thanks to paisabazaar teams

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Mansi SharmaOct 17, 2025

Got loan yesterday

I got a loan of 2 lakh from Paisabazaar. Until now, I didn&#x27;t know that it was so easy to get loan through Paisabazaar. They helped me with all documents and process and my loan was sanctioned yesterday itself.

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Priyanka SharmaOct 15, 2025

Pre-approved offers

I logged in to Paisabazaar app and saw pre-approved offers as per my credit profile from different lenders. I could avail the offer easily and got quick disbursal in as less as 24 hours without any hassle.

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Sunanda MishraSep 28, 2025

Got personal loan in a few minutes

I had pre-approved offers. When I applied through Paisabazaar, I got my personal loan approved within a few minutes. The process was very hassle-free and the team was extremely cooperative.

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Preeti SinghSep 26, 2025

Cibil kam tha fir bhi loan dila diya

Mera cibil kam tha fir bhi paisabazaar walo ne loan dila diya mujhe jo bohot jaruri tha.

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Pawan SehrawatSep 25, 2025

Personal loan quick approved

My personal loan was quick approved on Paisabazaar. Everything was online and I was not required to submit any more documents.

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Vivaan ShahSep 24, 2025
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