
Tax Benefit
Upto Rs. 46800
Tax Benefit
Upto Rs. 46800
Tax Benefit
Upto Rs. 46800
L&T Finance Holdings is endorsed by Larsen & Tourbo Ltd. which is one of the largest multinationals in India. At present times, L&T is one of the leading NBFC (Non-Banking Financial Service) that provides financial solutions to a wide range of clients through its loaning and non- loaning businesses.
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Upto Rs. 46800
Upto Rs. 46800
Upto Rs. 46800
There are times when small business owners may find it challenging to meet the working capital shortages. It is then when they look for an ideal business loan that will help them to add some financial stability during their rough phases. And fortunate enough, these loans are available for short, medium, and long term with/without collateral as per requirement with different amount and tenure. The point is which financial institution is right to avail such loan loans.
L&T Financial Services presents small & medium enterprise that’s helps to power the business or practice to the next phase. The company provides tailored finance solutions to SMEs as well as Professionals like CA, Doctors who are running their own business with minimum documentation and attractive rate of interest.
L&T Finance Holdings is endorsed by Larsen & Tourbo Ltd. which is one of the largest multinationals in India. At present times, L&T is one of the leading NBFC (Non-Banking Financial Service) that provides financial solutions to a wide range of clients through its loaning and non- loaning businesses.
Its loaning businesses includes
The non-loaning business of LTFS contains the mutual fund business, that takes advantage of India’s reserve funds potential by giving venture roads and channelizing them into useful monetary instruments.
At present, LTFS hold the No 1 ranking in Farm Equipment Financier, and remains third largest micro loans provider in India.
L&T Financial Services has received the highest credit ranking for an NBFC. The company has been rated AAA by four key rating agencies – CRISIL, ICRA, CARE and India Ratings to acknowledge its robust business model.
Therefore, it is indeed a good decision to take a loan from such a trustworthy company. To have more details about L&T business loans, consider reading till the end. We have tried to cover all the information regarding its features, eligibility criteria, required documents, application process and FAQs.
L&T Finance business loans are meant to help the SME business owners and professional business people to come out of their financial distress. With it, you may buy your equipment, hire more people or anything that you are in need at that moment. Â Following are the key benefits of availing a business loan from L&T Finance.
Swift Approval:
The approval process for the loan amount is very quick and simple and includes extremely nominal steps. It is absolutely paperless for the clients who are needing monetary assistance.
Modest Repayment options:
Applicants can choose their L&T EMI plan to make their repayments process simpler. L&T provides enough flexibility of time with a number of payment mode options to repay the loan EMI amount.
Accessibility:
L&T Business loan is extremely suitable for all the users. Applicants get all financial solutions at one place; one doesn’t need to worry about anything at all.
With L&T Finance, the process to apply for the loan is easy and gets approved within no time. Also, the rate of interests is quite competitive. Below is the category of customers who are eligible to apply for a business loan from L&T:
Working hard for your business to grow will definitely be fruitful but when it comes to expanding it, you need reliable financial solutions. L&T Finance can be your right choice in this path. The SME loans are hassle- free, fully digitalized, and hence you can concentrate more on expanding your business and less on getting your loan approval.Â
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KYC Documents:
In case, the applicant is a Firm/Company, following documents are required:
Incase, the applicant is Proprietor/Partner/Director, following documents are required:
Apart from that, the following additional documents are required:
Income Documents:
Interest Rate- Depending on the credit score, viable interest rates from 15.5-20.5%
Pre-Payment Charges – 2% on principal outstanding + applicable taxes
Processing Fees- 2% processing fee is applicable on the sanctioned business loan amount
Bounce Charges– Rs. 500 per bouncing charges
Apart from SMEs, business loans L&T Finance also offers offer fast and hassle-free loans to grow professional practice. This loan is basically customised for professionals like Doctors, Chartered Accountants and so on to expand their business.
Qualification documents: Certificate of degree and practice
Documents of income: IT Returns, Balance sheet & Computation sheet of latest 2 years
KYC documents: PAN Card, Address Proof and Other Applicable Registrations for firm or company
Aadhaar Card, Pan Card, Electricity Bill/Agreement of Rent/Index II for Proprietor/Partner/Director
The process to apply for business loan at L&T Finance is quite simple which you can complete without any interruptions by just completing a secure form which takes less than 10 minutes.
Then upload the necessary documents and your loan will be approved within just minutes.
It is easy to pay the L&T business loan online through the website or using any third-party application by following few simple steps. Hence, one can make their loan EMI just at the click of a button. For your convenience, we have mentioned below the steps that you need to follow.
Checking your L&T dues is just as easy as making the payment. If you are using any third-party application, then you can check it there as well. They are quite secure and safe. Following the below mentioned steps will help you let you know your EMI payment dues:
While L&T Finance provides business loans to SMEs and professionals to help them grow in their journey, L&T Micro-finance loans for women has a similar thought of transforming the less privileged. L&T Finance focusses on those who lack the access to banking and related services, but have the aspirations to find prospects through hardships.
L&T finance serves this these small ventures so that they turn into solid success stories. The company’s deep network of network of professionals reaches to the remotest parts of the country to find out these low-income individuals and help making them self-reliant.
The Micro Finance loan started its operations in July 2008, and since then the company has been vigorously involved in helping women so that they get a justifiable livelihood with the help of this loan.
Income proof – L&T Finance takes into consideration the capacity of income generation while accepting the application form.
Additional documents: Voter’s ID, Aadhar card, ration card, MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) card
An idea can make a change. There are hundreds of minds that are full of plannings that can make a great change when guided well. SMEs can definitely help a lot in the Indian economy to grow, only it requires the financial support when in need. With the emergence of NBFCs, now business loans have become quite accessible for the SMEs. But at the same time, it is equally important to find the right financial institution to take the necessary credit.
Therefore, when your business or practice is all set for the next leap and looking for some financial solutions, then choose L&T Finance. They will be best and the most trustworthy partner for your journey.
To know more details on SME loans from L&T Finance Holdings Ltd Business. You can email contact@startupyo.com or call at +918886666821.
Although there are many business loans to choose, yet L&T business loan is the best because:
Based on your business requirement, income, you can avail upto Rs. 50 lakhs under L&T business loan.
You can email to contact@startupyo.com or call at 8886666821 to have better understanding on L&T business loans.
No. L&T doesn’t ask for any collateral to offer you SME loans.
L&T finance Holdings is promoted by Larsen & Tourbo Ltd., one of the largest multinationals in India.
 L&T SME loan interest rate starts from 15.5%
Yes, you can. You can visit their official website to know more and follow the steps as given.
Professionals like Doctors, Chartered Accountants and alike can apply for a practice loan
L&T Finance gives Micro loans from at the interest rate starting from 24% onwards
If you are someone who is not less than 26years and not more than 65 years, then you are eligible for a SME loan in L&T Finance.