Faqs - L&T Finance

Topics

What is the maximum loan amount I can get in Indore?

You can borrow up to ₹ 30 Lakh under our digital Personal Loan scheme in Indore.

What documents are required for a Personal Loan in Indore?

Identity proof, address proof and income documents are required.

Can self-employed individuals apply for a loan in Indore?

Yes, we provide loans for both salaried and self-employed applicants with tailored documentation requirements

What is the interest rate on Personal Loans in Indore?

Our Personal Loan rates start from 11%* p.a., subject to credit profile and tenure

How do I track my Personal Loan application status in Indore?

You can get real-time updates about your loan application on your registered mobile number. You can also check your application status by logging in to our website or PLANET app with your registered mobile number and entering your application number.

How can I apply for a Personal Loan in Indore through L&T Finance?

Visit our website, click Apply Now, complete the form, upload documents and receive funds in 24–48 hours.

Are there prepayment or foreclosure charges on loans in Indore?

Foreclosure charges are 5% of principal outstanding + taxes.

How long does it take to get a Personal Loan in Indore?

L&T Finance provides loan approval in 2 minutes* with quick disbursal of the amount directly into your bank account.

How does my credit score affect my loan eligibility in Indore?

A good credit score improves approval chances and may help you secure better interest rates.

What are the processing fees for Personal Loans in Indore?

Processing fees up to 3%* of the loan amount + applicable taxes (non-refundable).

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