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Criteria | Salaried | Self-Employed |
---|---|---|
Age | You must be between 21-55 years of age. | You must be between 21-55 years of age. |
Employer | All salaried employees working at a private sector company or public undertaking. | - |
Credit Score | Minimum credit score of more than 700 and New to credit is also Eligible. | Minimum credit score of more than 700 and New to credit is also Eligible. |
Minimum Income | The minimum income for an instant personal loan is ₹ 20,000. | The minimum income for an instant personal loan is ₹ 20,000. |
L&T Finance Instant Loan |
Interest Rate Range 17 - 25% |
Processing Fee Up to 3% |
Loan Amount 50,000 to 10,00,000 |
Tenure Range Up to 48 Months |
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