L&T Home Loan – Interest Rates, Documents, Eligibility

L & T Financial Services offers home loans at lowest interest to salaried & Self employed customers on minimal documentation. Check all the information related to home loans below:

Key Features

1. Loan tenor up to 30 years
2. Loans ranging from Rs 3 lakh to Rs 10 crore

L & T Financial Home Loan Interest Rates

Rate Range for Floating Rate Loans:

• Choose from a fixed or floating rate of interest
• Home loans upto 90%  of property value
• Flexible repayment options like Tranche-based EMI and Part Prepayment Scheme
• Income-based product offering (Gross Receipt Product, Gross Margin Product, Banking Based Product, etc.)
• *Loan tenure is subject to meeting eligibility and age of the applicant

Eligibility Criteria

• Indian resident
• Salaried or self employed professionals and non-professionals
• Age : 23 years and upto 62 years on loan maturity 
• Actual eligible loan amount is dependent on applicant’s income and repaying capacity, age, assets and liabilities cost of the proposed house/flat etc.
• Eligibility can be increased by adding other sources of income (Rent, Co-applicant’s income, other regular source of income)

L&T Home Loan EMI Calculator

Assume, you want a loan amount of Rs.20 Lakh for 25 years than your monthly emi calculated on 7.70% present interest rate of bank.

Loan amount = 2500000

Repayment Period = 25 Years

Interest Rate = 7.70%

EMI per Month = 18,801