Vikaas Loan (Group Loan)
Pragati Loan (Group Loan)
Micro LAP
Micro Finance in Rural India: Benefits, Challenges and Impact
Nov 13, 2024 | 4 mins read
Vishwas Loan (Group Loan)
Vishwas Loan scheme is available for groups of women borrowers under joint liability. Customers who have an existing loan or have closed a previous loan with L&T Finance are eligible for this loan. With the Vishwas Loan, you can get funds up to ₹ 1 Lakh* with a flexible repayment period of 36 months.
EMI Calculator
Results generated by the calculator(s) are indicative in nature.
Preferred loan amount
₹
₹45,000
₹1,00,000
Interest rate (per annum)
%
16%
23.5%
Loan tenure (months)
24 months
36 months
Estimated EMI
per month- ₹ 2,247
Interest payable
₹8,918
Eligibility & Documents
Eligibility
Age:
20 years to 60 years
Residency:
Indian resident
Customer Type:
Existing L&T Finance customer, with on going loan or a closed loan
Documents
Identity Proof
PAN and any one of the following- Aadhaar Card| Driving License | Passport | Voter ID | Job card by NREGA | Letter issued by the National Population Register containing details of name and address
Address Proof
Utility bills (not older than 2 months) | Aadhaar Card | Driving License | Passport | Voter ID etc
Income Proof
Any Valid income proof
Seamless Loans, Simplified Experience
Download the Planet app for a one stop loan solution with effortless management at your fingertips. Learn More
Rural Loan
L&T Finance made a huge difference for me & my farming business. I, along with 2 of my friends, got a micro loan with a quick & easy application process. The timely payments of my EMIs are manageable & my farming income has increased significantly. I'm truly grateful for L&T Finance's help!
Nirmala Dabi
Ratlam, Madhya Pradesh
Micro LAP
As an assistant professor with over 10 years of experience, I found L&T Finance’s MLAP loan process was quick, digital and required minimal documentation. My EMI is auto-debited, and I can conveniently check my account statement and details through the PLANET app.
Mr. Udhayakumar
Rajagambiram, Tamil Nadu
Micro LAP
I am engaged in farming and a small dairy business. When I explored financing options, the interest rates in the market were too high. With a quick home inspection and property mortgage, I secured a loan at a competitive interest rate. The process was straightforward, and funds were disbursed quickly.
Mr. Palraj
Chennai, Tamil Nadu
Farmer Loan
My friend recommended LTF since they provide tractor loans at a lower interest rate than others, the loan process is simple, no physical documentation is required, payment was deposited the same day and I received the tractor within a week. My agricultural business has really improved thanks to the LTF.
Narayana G
Telangana
Rural Loan
L&T Finance provided swift support for our 20-year-old silk handloom business. Their executive guided us through a seamless process, quickly disbursing the loan after property verification. We're thankful for their efficient and reliable service that helps us meet our daily business needs.
Mrs. Kannaga
Chennai, Tamil Nadu
Rural Loan
Joint Liability Group Loan - Full Form, Purpose, Benefits & Best Options
Mar 10, 2025 | 4 mins read
Rural Loan
What is a Microfinance Group Loans? Benefits, Eligibility & Interest Rates
Sep 25, 2024 | 4 mins read
Rural Loan
Micro Loans - Meaning, Types and Benefits
Oct 15, 2024 | 4 mins read
