Personal loan for L&T employees

Personal loan for L&T employees

Explore personal loan options for L&T employees with easy EMIs, flexible repayment schedules, and quick approvals.

Rs. 40000 - Rs. 55 lakh

You may be eligible for a pre-approved offer

Enter mobile and OTP | Check offer | No branch visit needed

Looking for quick funds to cover planned or unexpected expenses? You can now check your pre-approved offer with your phone number and OTP → Apply online in just 5 minutes → Receive funds within hours* with Bajaj Finserv, without ever visiting a branch. Professionals working with Larsen & Toubro can enjoy this seamless, paperless loan experience.

Whether it’s a wedding, your child’s higher education, medical emergencies, home renovation, or any special occasion, you can borrow up to Rs. 55 lakh without pledging assets as collateral. Get funds in 24 hours* and manage repayments comfortably with flexible tenure options. 

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Features and benefits

Instant approval

Get your personal loan approved within 5 minutes* when you meet our simple eligibility criteria. Only 2 steps to check your eligibility and secure funds quickly.

 

Money in hours*

Expect same-day disbursal of your loan for Larsen & Toubro employees after approval. Get funds in 24 hours* and take care of urgent expenses immediately.

 

Special offers

Our pre-approved offers for Larsen & Toubro employees make accessing funds easier and faster. Check your eligibility for personal loan using just mobile number and OTP – 100% online process.

 

Flexi loan privileges

Lower your EMI by up to 45%* with our Flexi facility for Larsen & Toubro employees. Pay only for what you use, and top up or adjust as your needs change.

 

Up to 96 months months tenure

Use the EMI calculator to decide a comfortable repayment period, extending up to 8 years. Planning your monthly budget becomes simple and stress-free.

 

Online loan account

Track your personal loan easily with our digital portal, Experia. View your repayment schedule, download statements, and manage your loan anytime, anywhere.

 

Easy paperwork

Apply with just a few simple documents. Our streamlined process makes it convenient for busy Larsen & Toubro professionals.

 

Simple application

The online application form requires only a few steps. Fill your details, upload documents, and submit — all from the comfort of your home.

 

No hidden fees

Our personal loan is 100% transparent. Read all terms and conditions to make an informed decision and enjoy complete peace of mind.

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Eligibility criteria

NationalityIndian
Age21 years to 80 years.
Employed withPublic, private, or MNC.
CIBIL Score650 or higher.
Customer profileSelf-employed or Salaried

Read our personal loan eligibility criteria and document requirements before applying to get quick approval on your application.

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Interest rates and charges

Expect comfortable repayment terms with attractive personal loan interest rates for Larsen & Toubro employees. Use the EMI calculator to plan your repayments conveniently.

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How to apply for personal loan for Larsen & Toubro employees?

Follow this 4-step guide to apply online:

  1. Click on ‘APPLY’ at the top of th personal loan page on the website
  2. You will be asked to enter your phone number and an OTP to verify it
  3. Fill in the application form with your basic loan details
  4. Now, click on ‘PROCEED’ to visit the loan selection page.
  5. Enter the loan amount that you need. Choose from our personal loan variants.
  6. Choose the repayment tenure – you can select tenure options of 12 months to 96 months and click on ‘PROCEED’.
  7. Complete your KYC and submit your application.

One of our associates will call you to guide you further on how to get your personal loan. Get funds in 24 hours* and enjoy a smooth borrowing experience.


*Terms and conditions apply


 

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Key offerings: 3 loan types

Personal loan interest rate and applicable charges

Type of fee

Applicable charges

Rate of interest per annum

10% to 30% p.a.

Processing fees

Up to 3.93% of the loan amount (inclusive of applicable taxes).

Flexi Facility Charge

Term Loan – Not applicable

Flexi Loans –Up To Rs 1,999 To Up To Rs 18,999/- (Inclusive Of Applicable Taxes)

Will be deducted upfront from loan amount.

Bounce charges

Rs. 700 to Rs. 1,200/- per bounce

“Bounce charges” shall mean charges for (i) dishonor of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonor of payment mandate or non-registration of the payment mandate or any other reason.

Part-prepayment charges

Full Pre-payment:

  • Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment

  • Flexi Term (Dropline) Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount, as on the date of full prepayment.

  • Flexi Hybrid Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount, as on the date of full prepayment.

Part Pre-payment

  • Up to 4.72% (Inclusive of applicable taxes) of the principal amount of Loan prepaid on the date of such part Pre-Payment.

  • Not Applicable for Flexi Term (Dropline) Loan and Flexi Hybrid Term Loan.

Penal charge

Delay in payment of instalment(s) shall attract Penal Charge at the rate of up to 36% per annum per instalment from the respective due date until the date of receipt of the full instalment(s) amount.

Stamp duty (as per respective state)

Payable as per state laws and deducted upfront from loan amount.

Annual maintenance charges

Term Loan: Not applicable

Flexi Term (Dropline) Loan:

Up to 0.295% (Inclusive of applicable taxes) of the Dropline limit (as per the repayment schedule) on the date of levy of such charges.


Flexi Hybrid Term Loan:

Up to 0.472% (Inclusive Of Applicable Taxes) Of The Dropline Limit During Initial Tenure. Up to 0.295% (Inclusive Of Applicable Taxes) Of Dropline Limit During Subsequent Tenure

Disclaimer

Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.
For customer support, call Personal Loan IVR: 7757 000 000