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L&T Finance Personal Loan EMI for ₹15 Lakh

Monthly EMI: ₹49,821 at 12% for 3 years. Total interest: ₹2,93,556.

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L&T Finance Personal Loan for ₹15 Lakh — Key Details

Interest Rate
12.00 - 28.00% p.a.
Max Tenure
5 Years
Processing Fee
Up to 4%
Prepayment Charges
5% of outstanding

With a ₹15 Lakh personal loan from L&T Finance at 12% for 3 years, you will pay a monthly EMI of ₹49,821. The total amount payable is ₹17,93,556, of which ₹2,93,556 is interest.

Frequently Asked Questions

What is L&T Finance Personal Loan EMI for ₹15 Lakh?

At 12% interest rate for 3 years, the EMI for ₹15 Lakh Personal Loan from L&T Finance is ₹49,821 per month. Total interest payable: ₹2,93,556.

What is L&T Finance Personal Loan interest rate for ₹15 Lakh?

L&T Finance offers Personal Loan at 12.00 - 28.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.

How much total interest on ₹15 Lakh Personal Loan from L&T Finance?

For ₹15 Lakh at 12% for 3 years, you would pay approximately ₹2,93,556 as total interest, making the total repayment ₹17,93,556.

Can I prepay my L&T Finance Personal Loan of ₹15 Lakh?

L&T Finance's prepayment policy for Personal Loan: 5% of outstanding. Making prepayments can significantly reduce your total interest outgo.

Is ₹15 Lakh Personal Loan from L&T Finance a good option?

L&T Finance offers competitive rates starting from 12.00 - 28.00% with tenure up to 5 years. Compare with other banks on this page to find the best option for your ₹15 Lakh personal loan.