Personal Loan in Rajkot up to ₹30 Lakhs: Apply Online

Instant Personal Loan in Rajkot

In Rajkot’s bustling economy, unexpected expenses can arise at any moment. Our instant Personal Loan in Rajkot offers up to ₹ 30 Lakh* with interest rates starting from 11%* p.a. and a repayment tenure of up to 72 months. You can apply online and receive quick approvals and disbursal directly into your bank account.

Quick Disbursement of Personal Loans in Rajkot

Our streamlined Personal Loan disbursement process ensures funds reach your account quickly after approval. By leveraging the digital application process and minimal documentation, we eliminate paperwork delays. With e-mandate setup and instant bank verification, you enjoy a seamless experience, from online loan application to disbursal, without ever visiting a branch.

Features & Benefits of Instant Personal Loan in Rajkot

Easy Disbursement
Avail quick digital disbursals for loan amounts up to ₹ 30 Lakh*
Quick Loan Approval
Get approval within 2 minutes* for your instant Personal Loan in Rajkot
Competitive Interest Rates
Easy EMIs with an attractive interest rate starting from 11%* p.a.
Minimum Documentation
Apply with minimal paperwork and skip the paperwork and hassle
Top Up Available
Eligible customers can get a Top Up Loan on an existing Personal Loan in Rajkot
No Collateral Required
100% collateral-free Personal Loans for your convenience

Uses of Personal Loan in Rajkot

Medical Emergencies – Cover hospital bills, surgery costs or diagnostics swiftly
Home Renovation – Upgrade interiors, bathrooms or kitchens without dipping into savings
Wedding Expenses – Plan ceremonies, gift purchases or travel for loved ones
Education & Skill Upgrades – Sponsor courses, certifications or coaching programmes
Travel & Leisure – Fund family vacations or business trips stress-free
Debt Consolidation – Simplify multiple EMIs into one manageable instalment

EMI Calculator for Personal Loan in Rajkot

Our EMI calculator for Personal Loan helps you plan your outgo. Enter your desired loan amount, interest rateand tenure to instantly view your estimated monthly EMIs. This tool empowers you to compare scenarios and choose the most affordable repayment plan.

Eligibility Criteria for Personal Loan in Rajkot

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

Documents Required to Get a Personal Loan in Rajkot

Document Type	Required Document & Checks
Identity Proof	Passport \| PAN Card \| Driver License \| Voter ID \| Aadhaar Card
Address Proof	Utility bill of any service provider not more than 2 months old (Electricity, Telephone, Post-paid Mobile Phone, Piped Gas, Water Bill) \| Passport \| Voter ID Card \| Driving License
Income Proof	Income proofs vary for different professionals across salaried and self-employed.

Please find the easy detailed list of required documents here

Type	Document
Salaried	Last 3 month's salary slips / Form 16 / Last 3 month's bank statement reflecting salary credits / Salary Certificate
Self Employed	Latest Income Tax Return (ITR)
Bank Statement	Last 3 month's statement is mandatory
Residence Ownership Proof	Not mandatory

Personal Loan Interest Rates and Charges in Rajkot

Type	Interest Rate and Charges
Loan Processing Fees (non-refundable):	Upto 3%* of Loan Amount + applicable taxes
EMI Dishonour/Bounce Charge* *A bounce charge is a charge for (i) dishonour of any repayment instrument; or (ii) non-payment of instalment(s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate	As shown in the table below
Sanctioned Loan Amount	Charges
< ₹ 5 Lakh	₹ 500
₹ 5 Lakh - ₹ 30 Lakh	₹ 1000
Late Payment Charges (LPC)/ Penal Charges:	2% (p.m.) on EMI overdue + applicable taxes
	*LPC revised from 3% to 2% per month on overdue EMI w.e.f. 4th Dec'23
	*Taxes applicable on LPC w.e.f. 1st Apr'24
Part Payment Charges:	Up to 5% of pre-paid amount + applicable taxes
Foreclosure Charges:	5% of POS (Principal Outstanding) + applicable taxes
Legal/ Recovery Charges:	As per actuals
Duplicate NOC Charges:	First 3 paper copies - free of cost
Duplicate NOC Charges:	From 4th Paper copy - ₹250 + applicable taxes
Repayment Swap charges (per swap):	₹500 + applicable taxes (applicable only for branch walk-ins)
Loan Cancellation Charge:	Nil - for 3 days from date of disbursal
Loan Cancellation Charge:	From 4th day - 5%+ applicable taxes (on the outstanding loan amount)
Document Charges:	Nil for Statement of Account (SOA), Repayment Schedule, Foreclosure Letter, Welcome Kit
Annual Maintainance Charges (AMC):	Nil

*Terms & Conditions Apply. All actual charges will be as per Key Fact Statement (KFS) shared by the company.

Why Choose L&T Finance for Personal Loans in Rajkot?

Swift Digital Journey – Apply online and get approval within 2 minutes* via our website or PLANET app
Competitive Rates – Our seamless Attractive interest rates starting from 11%* p.a, with transparent fees & charges
Minimal Documentation – Personal Loan without salary slip is available with minimal documentation
Dedicated Support – Get a Personal Loan in Rajkot with the help of a dedicated relationship manager

How to Apply for a Personal Loan in Rajkot?

Apply for Personal Loan with these steps

1. Apply online in just few minutes

Select Personal Loan and click the 'Apply Now' button to start your seamless digital loan journey

2. Fill in your details

Enter your personal details, such as income details, current address, and more, to instantly check your loan eligibility

3. Get your customised offer

Explore personalised loan offers to match your needs. You may also get an options to enhance your offer

4. Set up E-mandate

Securely provide your bank details to easily register for an E-mandate, ensuring smooth loan repayments

5. Complete KYC

Verify your identity easily and securely with a quick KYC process from the comfort of your home

6. Get loan disbursement

Get your loan disbursement directly in your bank account, ensuring fast and seamless access to funds

FAQs & Support

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

Visit our website, click Apply Now, complete the form, upload documents and receive funds quickly. You can also use the PLANET app to apply for a Personal Loan with L&T Finance in Rajkot.

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

Yes. Both salaried and self-employed applicants can apply for a loan in Rajkot.

What documents are required for a Personal Loan in Rajkot?

Documents required include identity proof, address proof and income documents.

What is the interest rate on Personal Loans in Rajkot?

Interest rates for a Personal Loan at L&T Finance start from 11%* p.a.

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

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

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

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

What are the processing fees for Personal Loans in Rajkot?

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

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

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.