L&T Financial services
L&T finance offers two-wheeler loans specially tailored to suit your needs and to provide financial assistance to buy a dream bike of your choice at an affordable interest rate. Under the two-wheeler loan scheme of L&T finance, one may get a loan up to 95% of the on-road cost of the vehicle. The loan repayment tenure ranges from 12 months to 48 months. It even offers two-wheeler loans without income proof.
Features and benefits of L&T finance Two-wheeler loans in India
- Quick loan approval.
- Loan options are available for salaried as well as non-salaried individuals.
- Easy documentation process.
- Loan available without income proof (conditions apply).
- Branches spread across India.
- Avail funding up to 95% of the on-road price (conditions apply)
Two-wheeler loan eligibility criteria
- The minimum age to apply for a two-wheeler loan is 21 years and the maximum is 65 years.
- Must be an Indian resident
- Both Salaried and Self-employed can apply for two-wheeler loans in India.
- The minimum annual income requirement to apply for a two-wheeler loan with L&T is Rs 50,000.
- Must be having a credit score of 750, or above to apply for a loan.
The documents required to apply for a two-wheeler loan with L&T finance
Without income proof
Valid identity proof: Aadhar Card, PAN Card, etc.
Valid address proof: Utility bills (Electricity bill, Gas passbook, etc.), Passport, etc.
2 cheques in case of paper mandate
With income proof
- Valid identity proof: Aadhar Card, PAN Card, etc.
- Valid address proof: Utility bills (Electricity bill, Gas passbook, etc.), Passport, etc.
- Valid address proof: Utility bills (Electricity bill, Gas passbook, etc.), Passport, etc.
- Valid income proof: Pay-slips, bank statements, etc.
- 2 cheques in case of paper mandate
How to apply for L&T financial service Two-wheeler loans?
- Log on to the website of L&T financial services.
- After that, on the top of the menu, look for the option’ Two-Wheeler loans.
- On this page, you will be required to fill in a form with the following details– First name, last name, mobile phone number, email address, product category (Two Wheeler Loan, in this case), subject, and additional comments.
- You can choose to get a callback or email communication from L&T Financial Services under the ‘Subject’ tab.
- Once all the details mentioned above are duly filled up, click on the ‘Submit’ button.
- Your request will be processed thereafter and L&T Financial Services will communicate with you for your loan requirement accordingly.
