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  • L&T Finance Two Wheeler Loan

     4.0 / 5.0   by 75 users
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    Two Wheeler Loan
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    L&T Finance Two Wheeler Loan:

    Larsen and Toubro (L&T) Finance is a wholly owned subsidiary of L&T Finance Holdings Limited. It was incorporated in 1994 as a Non-Banking Finance Company. One of the leading financial institutions in the country, L&T provides a wide range of innovative financial products and services, apart from financial solutions, to its customers which include trade, industry and agricultural sector. L&T Finance has steadily evolved as one of the leading financial institutions in the country and has been earning huge profits, as well.

    Two Wheeler Loan from L&T Finance:

    L&T Finance offers two wheeler loans especially tailor-made to suit your needs and provides financial assistance for you to buy a two wheeler, at affordable interest rates. Given the chaotic traffic conditions and rickety Indian roads, choosing to buy a two wheeler for your daily commute is a really smart choice. It is easy to maintain and use, affordable and time effective.

    L&T Two Wheeler Loan Features and Benefits:

    • The loan needs to be taken for purchase of a two wheeler.
    • Easy documentation and quick disbursal of loan.
    • Flexible and attractive EMI options.
    • Up to 85% of on road price of the two wheeler can be financed.
    • Elite customers enjoy fast track processing.
    • Loan approval can be made in 6 hours. This is subject to certain conditions.
    • Facility of online application of the loan is available.
    • Transparent rates and no hidden charges.
    • Insurance cover is also offered at affordable rates.
    • Schemes loaded with innovative features to suit your needs.

    You may also be interested in Bike Insurance.

    Perfect Personal Loan Deals for you

    L&T Finance Bike Loan Eligibility:

    • The applicant needs to have a stable source of income.
    • The applicant needs to have stability of residence. He needs to furnish the company with proof for the same.
    • The applicant needs to have stability of employment.

    Documentation for L&T Finance Two Wheeler Loan:

    • Passport size photograph of the applicant.
    • Proof of income of the applicant - salary slips, Form 16, bank statement, etc.
    • Valid ID proof issued by the government - PAN card, Driving License, passport, voter's identity card, etc.
    • Proof of residence/Address proof - telephone bill, electricity bill, ration card, passport, etc.

    L&T Bike Loan Frequently Asked Questions (FAQs)

    1. Am I allowed to sell my two wheeler before repaying the loan for the same?

      No, unless you have repaid the loan, you can't sell you vehicle. A NOC is required (from the financer) for you to sell your two wheeler.

    2. I want to avail a two wheeler loan from L&T, but I am an existing Family Credit Customer with the company?

      Yes, depending on your record of previous loan repayment, you can avail a two wheeler ‘loyalty' loan from the company.

    3. If I happen to make an excess payment, will I receive a refund of that amount through cheque?

      Please inform the L&T branch immediately, if you have made an excess payment, and that amount shall be duly refunded or adjusted once the claim has been verified within the stipulated time.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar’s partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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    L&T Finance Two Wheeler Loan Reviews

  • Page 1 of 4 1 2 3 4
    • L&T Finance Two Wheeler Loan
      "Excellent service"
      L&T FINANCE LIMITED
      0.5 5.0/5 "Blown Away!"
      I have taken a two wheeler loan with L&T finance an my loan experience with this institute is good,my processing fee and Rate of interest is nominal , in my tenure period was 36 months i have covered 30 months paid for time to time my loan payment.
      Was this review helpful? 1
      , kolkata
      Reviewed on Oct 11, 2018
    • L&T Finance Two Wheeler Loan
      "Best Service"
      L&T FINANCE LIMITED
      0.5 5.0/5 "Blown Away!"
      I have taken a two wheeler loan with L&T finance and my loan experience was good, the loan amount was for Rs 40000 with nominal interest rate when compared to others. Customer service was good and they followed up on time. Customer service was good with L&T and the tenure period for this loan is 2 years.
      Was this review helpful? 3
      , hyderabad
      Reviewed on Sep 29, 2018
    • L&T Finance Two Wheeler Loan
      "Excellent Service"
      L&T FINANCE LIMITED
      0.5 4.5/5 "Excellent!"
      It has been a very good experience i had with them so far. The process in getting this loan had been smooth and easy and the loan amount which they had provided also had been satisfactory as well. The interest rate with them also had been nominal when compared with the market rate.
      Was this review helpful? 1
      , coimbatore
      Reviewed on Sep 07, 2018
    • L&T Finance Two Wheeler Loan
      "Best Service"
      L&T FINANCE LIMITED
      0.5 4.5/5 "Excellent!"
      I have taken a two wheeler loan with L&T finance and my experience was good, the loan amount was for Rs 30000-40000 and i paid a down payment of Rs 13000. Customer service was good and they responded on time. The rate of interest was nominal and the tenure period for this loan is 2 years.
      Was this review helpful? 6
      , new delhi
      Reviewed on Aug 29, 2018
    • L&T Finance Two Wheeler Loan
      "Good loan"
      L&T FINANCE LIMITED
      0.5 4.0/5 "Great!"
      It is good experience with them i use to make on time payment, so that there is no issues in it, the rate of interest what they have given me is that 10% which ids ok for me, i have taken this loan before 2 years now its been 1 year completed, remaining 1 year i there, so far its good.
      Was this review helpful? 5
      , bangalore
      Reviewed on Aug 25, 2018
    • L&T Finance Two Wheeler Loan
      "Average service"
      L&T FINANCE LIMITED
      0.5 3.0/5 "Satisfactory"
      I have taken a two wheeler loan with L&T and the experience was good, the loan amount was for Rs 52000 with high interest rate when compared to others. I paid 15000 as down payment for this loan and i have to pay Rs 2619 as EMI. The tenure period for this loan is 2 years.
      Was this review helpful? 10
      , chennai
      Reviewed on Aug 17, 2018
    • L&T Finance Two Wheeler Loan
      "Good service"
      L&T FINANCE LIMITED
      0.5 4.0/5 "Great!"
      I have taken a two wheeler loan with L& T and my loan experience was good, the loan amount was for Rs 50000 with nominal interest rate when compared to others in the market. Customer service was good, they followed up on time and the tenure period is 24 months.
      Was this review helpful? 3
      , ahmedabad
      Reviewed on Jul 18, 2018
    • L&T Finance Two Wheeler Loan
      "Very Good Service"
      L&T FINANCE LIMITED
      0.5 5.0/5 "Blown Away!"
      I took a two wheeler loan from the L&T finance. The rate of Interest was nominal. I got the loan with minimal documentation. Overall there hasn't been any issues while applying for the loan and it was a smooth experience. Overall it has been a satisfactory.
      Was this review helpful? 2
      , mumbai
      Reviewed on Jun 30, 2018
    • L&T Finance Two Wheeler Loan
      "Good Service"
      L&T FINANCE LIMITED
      0.5 4.0/5 "Great!"
      I took a bike loan from the L&T Finance for 60000, I applied at at the showroom. I have closed this loan and the whole application process was easy and hassle free. I never faced any problem during the application or payments. Overall it has been a good experience.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 26, 2018
    • L&T Finance Two Wheeler Loan
      "Good service"
      L&T FINANCE LIMITED
      0.5 3.0/5 "Satisfactory"
      The process in getting the loan has been very good and the loan amount which they had been provided has been very good. The loan has reached on time as well. The interest rate has been very good and there has been no problem with the services which they had provided.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jun 21, 2018
    • L&T Finance Two Wheeler Loan
      "Good service"
      L&T FINANCE LIMITED
      0.5 4.0/5 "Great!"
      I have taken two wheeler loan from L & T finance ltd . They did documentation in just 2 days approved the loan . The rate of interest is nominal one . They charged for processing of rs 1200 . They gave the tenure period of 2 years which get auto debited from bank every month.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jun 14, 2018
    • L&T Finance Two Wheeler Loan
      "Best Service"
      L&T FINANCE LIMITED
      0.5 5.0/5 "Blown Away!"
      I have taken a two wheeler loan with L&T and the loan experience was good, the loan amount was for Rs 50000 but i am not aware of the rate of interest for this loan. The process was smooth and i received my loan amount on time. The tenure period for this loan is for 18 months.
      Was this review helpful? 2
      , new delhi
      Reviewed on Jun 11, 2018
    • L&T Finance Two Wheeler Loan
      "Good service"
      L&T FINANCE LIMITED
      0.5 4.0/5 "Great!"
      I have taken a two wheeler loan with L&T finance and the loan experience was good, the loan amount was for Rs 50000 with nominal interest rate when compared to all other sources. Customer service was good and they collected documents on time. The tenure for this loan is 36 months.
      Was this review helpful? 3
      , new delhi
      Reviewed on Jun 06, 2018
    • L&T Finance Two Wheeler Loan
      "Excellent Two Wheeler Loan"
      L&T FINANCE LIMITED
      0.5 4.0/5 "Great!"
      Their rate of interest is very cheap. They will charge 11.25% as interest rate and 3% as processing charge. I have purchased a Honda city 110 by using this two wheeler loan from L&T Finance. Their is no issue with them. Their services are good. I used to make the payment through cheque. I will make the EMI of Rs. 1,278.
      Was this review helpful? 1
      , kolkata
      Reviewed on Jun 05, 2018
    • L&T Finance Two Wheeler Loan
      "Average service"
      L&T FINANCE LIMITED
      0.5 4.0/5 "Great!"
      Got the two wheeler loan from the L & T finance around 5 years ago. This loan had the tenure of 2years. I pay the EMI on every month on month, but there is no grace period to pay the EMI and they have charged Rs,400 because of the late pay. The customer support service and the response is average from the L & T finance. The cheque bounce charges need to be avoided and at lest they need to give one day time to pay the bill.
      Was this review helpful? 1
      , bangalore
      Reviewed on May 22, 2018
    • L&T Finance Two Wheeler Loan
      "Good service"
      L&T FINANCE LIMITED
      0.5 4.0/5 "Great!"
      Got the Two wheeler loan from the L&T FINANCE LIMITED around 5 years ago. The customer support service is good with the L & T and they have given good response in regards to my two wheeler loan. I had got the loan amount of Rs,40,000 and I am satisfied with it.
      Was this review helpful? 0
      , guntur
      Reviewed on Apr 12, 2018
    • L&T Finance Two Wheeler Loan
      "Average service"
      L&T FINANCE LIMITED
      0.5 3.0/5 "Satisfactory"
      I have taken a Two wheeler loan with L&T Finance Limited.The loan amount is 80,000,rate of interest is high as compared to others.Customer service is not up to the mark.The tenure is 24 months. To conclude, I would say it was an average service rendered by L & T.
      Was this review helpful? 2
      , mumbai
      Reviewed on Mar 23, 2018
    • L&T Finance Two Wheeler Loan
      "Good experience"
      L&T FINANCE LIMITED
      0.5 5.0/5 "Blown Away!"
      My two wheeler loan was taken from L&T Finance. I have purchased a Dio bike. The rate of interest and charges are good. The loan period is 11 months and it will be completed in another 2 months. The documents are collected by the executive. The part payment option is not available.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 10, 2018
    • L&T Finance Two Wheeler Loan
      "Average"
      L&T FINANCE LIMITED
      0.5 4.5/5 "Excellent!"
      I had purchased my two wheeler loan with the help of L&T finance. They processed the loan immediately. The interest rate was very high when compared to others. They do charged a processing fee as well. The customer service and response was good. The loan is going to complete by next month.
      Was this review helpful? 1
      , bangalore
      Reviewed on Mar 02, 2018
    • L&T Finance Two Wheeler Loan
      "Good service"
      L&T FINANCE LIMITED
      0.5 4.0/5 "Great!"
      I have taken a home loan with L& T and my loan experience was very good. The loan amount was for Rs 40000 with the rate of interest of 11% which is nominal when compared to other banks. The process was very fast and i received my loan within 2-4 days. Customer service was good, they responded on time and the tenure of this loan is 18 months.
      Was this review helpful? 0
      , mumbai
      Reviewed on Feb 15, 2018
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    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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