To be eligible, the woman borrower must be a key person managing the business with at least a 50% stake in non-individual entities, and her income must constitute at least 50% of the total appraised income when clubbing with other borrowers.
L&T Finance Ltd (formerly known as L&T Finance Holdings Ltd) has launched a specialised “Spoorthi“ programme for women entrepreneurs, whereby specific relaxations and benefits, including extended loan tenors of up to 25 years for the purchase of house property or Loan Against Property (LAP) for business expansion and working capital, will be offered to them for specific profiles.
Furthermore, the Non-Banking Financial Company (NBFC) will offer industrial LAP tenors for up to 12 years. The programme has also introduced enhanced eligibility norms such as higher debt-to-income ratios to provide greater financial flexibility, LTF said in a statement.
Eligibility criteria
To be eligible, the woman borrower must be a key person managing the business with at least a 50 per cent stake in non-individual entities, and her income must constitute at least 50 per cent of the total appraised income when clubbing with other borrowers, per the statement.
Additionally, the business must show an annual cash profit of at least ₹5 lakh as per the latest Income Tax Return (ITR) and must not have incurred a net loss in the last two years.
The programme will initially be rolled out in major metropolitan hubs, including Mumbai MMR, Delhi NCR, Bengaluru, Chennai, Pune, Ahmedabad, Kolkata and Hyderabad.
Sudipta Roy, Managing Director & CEO, said, LTF is committed to supporting women borrowers because they consistently demonstrate a disciplined and strong repayment history, which makes them ideal borrowers.
“By launching Spoorthi, LTF aims to harness this reliability while providing women with the necessary capital to scale their enterprises and secure their personal assets, ultimately contributing to a more inclusive and robust financial ecosystem,” he said.
By reducing the business vintage (that is age of a company) requirement to just two years for loans up to ₹75 lakh, LTF is making it easier for emerging women-led businesses to access the high-value credit they need to thrive, said Jinesh Shah, Chief Executive – Urban Secured Assets & Third-Party Products.
Published on March 5, 2026
