Faqs - L&T Finance

Topics

What is the interest rate for ₹ 6 Lakh Personal Loan?

L&T Finance offers Personal Loans with an interest rate starting as low as 11% p.a.*.

What is the repayment tenure for ₹ 6 Lakh Personal Loan?

L&T Finance offers Personal Loans with a tenure extending up to 72 months.

What are the eligibility criteria for obtaining a ₹ 6 Lakh Personal Loan?

You must be an Indian resident aged between 21 and 58 years to apply for a ₹ 6 Lakh Personal Loan with L&T Finance. The professional requirement includes salaried and self-employed individuals.

Are there any prepayment fees & charges for Rs. 6 Lakh Personal Loan?

Yes,there are prepayment charges of 5% of POS (Principal Outstanding) + applicable taxes.

How can I use the Personal Loan EMI Calculator to plan my loan?

Input loan amount, tenure, and interest rate to estimate monthly EMI.

What are the advantages of a Rs. 6 Lakh Personal Loan?

The advantages include quick disbursal, no collateral, flexible repayment, and digital process.

Can I make part-payments on my Rs. 6 Lakh Personal Loan?

Yes, you can make part-payments for your Personal Loan. However, there is a charge of up to 5% of pre-paid amount + applicable taxes applicable for part-payments.

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