NBFC
L&T Finance
A large NBFC with growing retail and SME lending and strong semi-urban presence.
Best for: Borrowers in tier 2 cities and beyond.
Apply with pre-screening
We check your profile against L&T Finance's policy and others on the panel before any application.
Typical strengths
- Digital personal loans
- SME lending
- Rural and semi-urban reach
Interest rates, fees and eligibility shown on this site are indicative, vary by lender and borrower profile, and are subject to change without notice. Always read the lender's Key Fact Statement (KFS) before signing. Loan approval and terms are decided solely by L&T Finance under its credit policy.
Products
What we arrange with L&T Finance
- Personal Loan
- Business Loan
- Loan Against Property
- Home Loan
- Used Car Loan
Personal Loan
Collateral-free personal loans from ₹50,000 to ₹50 lakh at rates starting around 10.25% p.a., with disbursal typically within 48 hours of approval.
- Rate from
- 10.25% p.a.
- Up to
- ₹50 L
Business Loan
Unsecured business loans from ₹2 lakh to ₹1 crore for proprietors, partnerships and companies, at rates from about 14% p.a., with tenures up to 5 years and minimal collateral requirements.
- Rate from
- 14.00% p.a.
- Up to
- ₹1 Cr
Loan Against Property
Loans against residential, commercial or industrial property from ₹10 lakh to ₹15 crore at rates from about 8.75% p.a., with tenures up to 15 to 20 years and funding up to 70% of market value.
- Rate from
- 8.75% p.a.
- Up to
- ₹15 Cr
Home Loan
Home loans from ₹5 lakh to ₹10 crore at floating rates from about 7.35% p.a., with up to 90% funding and tenures up to 30 years, across banks and housing finance companies.
- Rate from
- 7.35% p.a.
- Up to
- ₹10 Cr
Our read
Where L&T Finance fits
L&T Finance matters most for borrowers outside the big metros. Its reach into tier two cities and semi-urban markets means a file that a metro-focused lender would deprioritise gets a proper look, and local presence makes the practical steps of a secured loan far easier.
For a salaried or self-employed borrower in a smaller city needing a personal or business loan, this is often a stronger option than the national brands that technically cover the location but do not really serve it. In a metro, there are usually sharper choices.
Worth knowing
- In metros the proposition is ordinary; the advantage is geographic and disappears where competition is dense.
- NBFC pricing applies, so a borrower who would qualify comfortably at a bank should compare before committing.
Our assessment, not a statement of L&T Finance’s policy. Terms are set by the lender and can change.
Questions
L&T Finance: common questions
Why does location change the recommendation?
Coverage on paper is not the same as service on the ground. A lender with real presence in your city handles valuation, verification and disbursal faster, which matters most on secured loans.
Is it competitive in Mumbai or Delhi?
It is a fair comparison point rather than a standout. In dense markets we usually find sharper pricing elsewhere and will tell you where.
Does it lend to small businesses?
Yes, and the semi-urban reach is the reason to consider it. A firm outside the metros often gets a more attentive assessment here.
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