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L&T Finance Ltd has launched Spoorthi , a specialised financing programme designed to support women entrepreneurs seeking home loans or loans against property (LAP) for business expansion and working capital needs. Announced ahead of International Women's Day, the initiative offers relaxed eligibility criteria, extended loan tenures and reduced interest rates for women borrowers. The programme will initially be rolled out across major metropolitan markets including Mumbai, Delhi, Bengaluru, Chennai, Pune, Ahmedabad, Kolkata, and Hyderabad. The initiative reflects the company's focus on encouraging greater financial inclusion and supporting women-led enterprises through easier access to credit.
L&T Finance Ltd (LTF) has introduced Spoorthi, a specialised financing programme aimed at empowering women entrepreneurs by facilitating access to home loans and loans against property (LAP). Advertisement
The programme, announced in the run-up to International Women's Day, recognises the growing role of women in driving economic activity and business growth. It is designed for women who are either independently running a business or jointly managing an enterprise or professional practice.
Under the Spoorthi programme, LTF is offering extended loan tenures of up to 25 years for home loans and loans against property for certain borrower profiles. For industrial LAP, the loan tenure can extend up to 12 years. The programme also includes enhanced eligibility norms, such as higher debt-to-income ratios, aimed at giving women borrowers greater financial flexibility.
Commenting on the launch, Sudipta Roy said women borrowers have consistently demonstrated strong repayment behaviour, making them reliable borrowers for financial institutions. He noted that the programme is intended to provide women entrepreneurs with the capital required to expand their businesses while also securing personal assets.
The initiative will initially be rolled out in major metropolitan markets including Mumbai, Delhi NCR, Bengaluru, Chennai, Pune, Ahmedabad, Kolkata, and Hyderabad.
According to Jinesh Shah, the programme offers lower interest rates and relaxed eligibility conditions specifically designed to reduce financial barriers for women borrowers. The company has also reduced the minimum business vintage requirement to two years for loans up to INR 75 lakh, enabling emerging women-led businesses to access high-value credit more easily.
In the third quarter ended December 31, 2025 (Q3FY26), LTF reported home loan and LAP disbursements of INR 2,879 crore, representing a 16% year-on-year growth and 6% quarter-on-quarter increase. The total loan book for the segment expanded to INR 28,682 crore, reflecting strong growth supported by the company's distribution network and partnerships.
Headquartered in Mumbai, L&T Finance Ltd is a leading non-banking financial company offering a wide range of retail and corporate financial products and services across India.
Source - PTI
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