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L&T Finance Personal Loan for ₹3 Lakh

EMI: ₹9,964/month at 12%. Min income: ₹19,928/month.

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Your Details
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Eligibility Results
Maximum Eligible Loan
₹ 0
Monthly EMI
₹ 0
Total Interest
₹ 0
Total Payment
₹ 0
Monthly Income
₹ 0
Existing EMIs
₹ 0
0%
New Loan EMI
₹ 0
0%
Remaining Income
₹ 0
0%

L&T Finance Personal Loan for ₹3 Lakh - Key Details

Interest Rate
12% p.a.
Monthly EMI
₹9,964
Total Interest
₹58,704
Total Payment
₹3,58,704
Min Income Required
₹19,928/mo
Processing Fee
Up to 4%

A ₹3 Lakh personal loan from L&T Finance at 12% interest for 3 years will cost you ₹9,964 per month as EMI. You will pay a total interest of ₹58,704 over the loan tenure. The minimum monthly income needed is ₹19,928 (assuming no existing EMIs).

Frequently Asked Questions

What is L&T Finance personal loan EMI for ₹3 Lakh?

L&T Finance Personal Loan EMI for ₹3 Lakh at 12% for 3 years is ₹9,964 per month.

What income do I need for ₹3 Lakh personal loan from L&T Finance?

You need a minimum monthly income of ₹19,928 for a ₹3 Lakh personal loan from L&T Finance (at 12% rate, assuming no existing EMIs).

What is the total interest on ₹3 Lakh personal loan from L&T Finance?

The total interest payable on ₹3 Lakh personal loan from L&T Finance at 12% for 3 years is ₹58,704.

What is L&T Finance's processing fee for ₹3 Lakh personal loan?

L&T Finance charges a processing fee of Up to 4% for Personal Loan.

Can I prepay my L&T Finance personal loan?

L&T Finance Personal Loan prepayment policy: 5% of outstanding.