L&T Finance Launches Three Festive Schemes for Two-Wheeler Loans

L&T Finance launched three festive financing schemes for two-wheeler loans on Thursday, targeting customers during the festival season with options including no-cost EMI, payment rebates and deferred principal payments.

The No Cost EMI scheme allows customers to finance purchases without interest charges, requiring only a nominal documentation fee. The Prompt Payment Rebate scheme offers final EMI waiver for customers selecting minimum 36-month tenure who successfully repay EMIs for 35 months through central clearance.

The EMI Lite Festive scheme enables customers to pay only interest portions for the first two months without principal amounts, creating a "buy in 2025 and pay in 2026" structure for festival affordability.

"With an advanced version of 'Project Cyclops' now live in our Two-wheeler Finance business and the revised GST slabs for bikes and scooters effective this month, we believe this is an opportune time to launch attractive schemes for our customers. Our Two-wheeler Finance business is one of the top three fulcrum products. As one of the leading financiers in this segment, having a prime-dominant portfolio and a best-in-class zero DPD (Days Past Due) record vis-à-vis the industry, we foresee that these offers will drive a substantial surge in demand and strengthen our leadership position," said Sudipta Roy, Managing Director and CEO at LTF.

"With over 75 lakh customers served in urban India, we have a profound understanding of the market's needs. This allowed us to craft a spectacular array of enticing two-wheeler loan offerings that truly benefit our potential customers. Supported by our well-diversified footprint and a network of over 10,000 sourcing points, we are confident that customers will seize this exceptional opportunity to own a two-wheeler and fulfill their aspirations with us as their preferred financier. We anticipate a surge in demand for Two-wheelers given the strong support of lower GST by the government and we are ready for the increased customer inflow at our partner dealer outlets to help fulfill their dreams," said Jinesh Shah, Chief Executive – Urban Secured Assets & Third-Party Products at LTF.

The festive schemes remain valid for customers availing loans until November 30, 2025. LTF offers five-minute loan decision turnaround through digital processes requiring no physical documentation from customers.

The company launched a television commercial titled 'Just Zoom Two-wheeler Loans' with tagline 'Bumrah Ki Speed Par,' featuring brand ambassador Jasprit Bumrah. An Integrated Marketing Campaign will run across 13 markets nationwide.

L&T Finance operates as a leading Non-Banking Financial Company headquartered in Mumbai with 'AAA' credit rating from four domestic rating agencies. The company serves over 2.6 crore customers and maintains a network of over 10,000 sourcing points across urban India.