Charges Type | Details |
---|---|
Documentation charges | Upto 1 % of the loan amount + applicable taxes |
Prepayment/Foreclosure charges | 2% of prepaid amount + applicable taxes |
Valuation charges | As per actuals |
Late payment interest | 3% per month on overdue EMI |
Repayment bounce charges | ₹ 1000/- + applicable taxes if any. |
Legal /Recovery /Repo /Parking & other charges | As per actuals |
RC Non submission charges | ₹ 1000/- |
Duplicate NOC charges (Charges is applicable for paper copy post 3 free copies per customer) | ₹ 1000/- + applicable taxes |
Repayment swap charges (per swap) | ₹ 500/- + applicable taxes (Applicable only for branch walk-ins) |
SOA/RPS /FC letter & other documents | Nil |
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Loan Disbursement
Use top-up loan funds to set up dairy units /Fisheries or Micro irrigation requirements
Equipment's like Rotavator, Cultivator, Trailer, Trolly, Thresher, Bailer, Harvester are used for various farming operations. Avail a Implement loan to fund purchase of agricultural Implements with Farm Equipment Finance.
To set up a greenhouse, cold storage, or a horticulture centre.
Buy agriculture insurance to protect from crop losses.
Use funds for personal use – Education, Business, Health Emergencies
Over 2 years have passed since I first took a tractor loan from LTF. The FLS assisted me personally and answered all my EMI & Loan related queries. The loan was disbursed within 24 hours and the money got credited the same day. LTF also provided me with a pre-approved loan considering my good track record, which was extremely beneficial to my business. I would definitely recommend LTF to my friends and family.
My friend recommended LTF since they provide tractor loans at a lower interest rate than others, the loan process is simple, no physical documentation is required, payment was deposited the same day and I received the tractor within a week. My agricultural business has really improved thanks to the LTF.
L&T Finance was recommended by a friend for a tractor loan. The loan was disbursed immediately and I received my tractor within a few days. The new tractor really helped me to grow my business. I would definitely prefer L&T Finance for future loan requirements.
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Brindavan Building, Plot No 177
Vidyanagari Marg, CST Road,
Kalina, Santacruz (E), Mumbai 400 098
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