As a key player in India's Non-Banking Financial Company (NBFC) sector, L&T Finance Ltd. is navigating a dynamic landscape marked by digital transformation and strategic shifts. In 2025, the company is not just adapting but actively shaping its future with new customer-centric policies, a focus on technological innovation, and a clear vision for growth.
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This blog post
explores the latest developments at L&T Finance, covering its new policies,
employee benefits, opportunities for freshers, and its strategic direction for
the years ahead.
New Policies and
Customer Initiatives
L&T Finance has
rolled out several new policies and initiatives in 2025, with a strong focus on
enhancing customer experience and leveraging technology for better risk
management.
- Attractive Two-Wheeler Finance Schemes: To
capture the festive season demand in September 2025, L&T Finance
introduced three attractive loan offers for its two-wheeler finance
customers. These include a "No Cost EMI" scheme, a "Prompt
Payment Rebate" where the final EMI is waived for timely payments on
a 36-month loan, and an "EMI Lite Festive" offer that allows
customers to pay only the interest for the first two months.
- AI-Powered Underwriting (Project Cyclops): A
significant technological advancement is the deployment of "Project
Cyclops," a proprietary AI/ML-powered underwriting platform. This
system has already proven its effectiveness in the two-wheeler loan
business, drastically reducing delinquency rates. The company is now
extending this technology to its farm equipment, SME finance, and personal
loan segments, with full deployment expected by the second or third
quarter of FY26.
- Shift in Fundraising Strategy: Responding
to a softening interest rate environment, L&T Finance is adjusting its
fundraising strategy. The company plans to increase its reliance on
commercial papers (CPs), a short-term money market instrument, from 7% of
its liabilities in March 2025 to about 12-13% to optimize its cost of
funds.
Employee Benefits and
Work Culture
L&T Finance, as
part of the larger L&T Group, is committed to creating a rewarding work
environment. The company's approach is rooted in a legacy of transparency,
professionalism, and accountability.
- Pay and Benefits: While a detailed
2025 benefits handbook is not publicly available, employee reviews and
financial reports provide some insight. The company's financial statements
consistently report significant expenses for employee benefits. Reviews on
platforms like Indeed rate the pay and benefits favorably, with some
employees highlighting "good salary" as a key pro.
- Work Culture and Security: The work
culture at L&T Finance is often described as productive and
performance-oriented. Employee reviews give the company solid ratings for
job culture, management, and job security.
Employment
Opportunities for Freshers
L&T Finance and
its parent company, Larsen & Toubro, offer a wide range of opportunities
for young professionals and fresh graduates.
- Structured Campus Recruitment: The
L&T Group runs a comprehensive and rigorous campus recruitment
program, visiting over 150 of India's leading engineering and management
colleges. They hire Graduate Engineer Trainees (GETs), Diploma Engineer
Trainees (DETs), and Management Trainees. The selection process typically
includes online aptitude and domain knowledge tests, followed by personal
interviews.
- Entry-Level Roles: For those starting
their careers, L&T Finance frequently hires for entry-level positions.
Job portals show openings for roles like "Micro Loan Officer"
and "Field Officer - Microfinance," which involve sourcing
potential customers, assisting with loan applications, and managing
collections. These roles provide a direct entry into the financial
services industry.
- Onboarding and Training: All new
campus recruits go through a detailed Orientation Programme. This helps
freshers transition from an academic to a corporate environment, providing
them with an overview of L&T's diverse businesses and acclimatizing
them to the company's work culture.
The Future of L&T
Finance
The future for L&T
Finance is centered on a clear strategic pivot towards retail lending, powered
by technology and diversification.
- Retail-Focused Strategy: The company
is in the midst of a significant strategic shift, aiming to make its loan
book almost entirely retail-focused. This move is designed to create a
more stable, high-yield, and scalable business model.
- Technological Transformation: The
future is digital. L&T Finance is heavily investing in technology to
drive growth and manage risk. "Project Cyclops" for AI-led
underwriting and "Project Nostradamus" for predictive analytics
are at the core of this transformation. The company is also leveraging
digital partnerships with major platforms like Amazon, PhonePe, and CRED
to expand its reach in the personal loan segment.
- Expansion in Gold Loans: A key growth
driver is the expansion of the gold loan business. After acquiring the
operations of Paul Merchants Finance, L&T Finance is scaling up its
branch network with plans to grow from 130 to over 300 branches by FY26.
- Strong Growth Projections: Analysts
are optimistic about the company's future, forecasting robust growth in
loans and profits. Earnings are projected to grow by over 20% annually,
significantly outpacing the Indian market average. The company itself is
targeting a 20-25% increase in its Assets Under Management (AUM).
In conclusion, L&T Finance is positioning itself to be a formidable, tech-savvy force in India's retail lending space. By combining customer-friendly policies with powerful AI-driven processes and a clear strategic vision, the company is well on its way to achieving strong and sustainable growth.