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Eligibility calculator

L&T Finance Home Loan

L&T Finance

L&T Finance Home Loan has made buying a house effortless. The L&T Finance Home Loan has been designed with many features, like the lowest home loan interest rates, minimal paperwork, and quick processing. The institution offers step-by-step guidance throughout the loan processing and even after the loan disbursal to make the entire process hassle-free.

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Interest Rate

Processing Fee


Loan Amount/Tenure

L&T Finance Home Loan Interest Rate

L&T Finance Home Loan


Up to 3%


₹3L - ₹10Cr

Tenure(Up to 30 Years)


Features and Benefits of L&T Home Loan

  1. Loan repayment tenure up to 30 years
  2. Loans from INR 3 lakh to INR 10 crore are available based on the individual’s eligibility.
  3. Attractive home loan interest rates start from 7.7%.
  4. Choose the type of home loan interest rate, i.e. fixed or floating rate of interest, as per your convenience.
  5. A loan amount of up to 90 percent of the property value can be sanctioned.
  6. Availability of flexible repayment options including Tranche-based EMI as well as Part Prepayment Scheme.

Overview of L&T Finance Home Loan      

Are you planning to buy your dream home? A home loan is a perfect roadway to meet your financial needs. It is the most convenient way to buy a home as it allows paying manageable installments while also providing tax benefits. Continue reading to learn more about L&T home loans. 

With L&T's top-notch financial services, buying your dream house has become effortless and hassle-free than ever before. It offers home loans at the best rate of interest. You may now apply for a home loan with L&T online and unlock the benefit of the lowest home loan interest rates, minimal paperwork, and quick processing. If you have already taken a loan, you can transfer it quickly and effortlessly through a balance transfer loan facility.

L&T Housing Finance offers home loans with interest rates starting at 6.75 percent per annum for terms up to 30 years. It offers housing finance up to INR 10 crore. Additionally, you can avail benefits of a home loan balance transfer together with a top-up loan facility.

L&T Financial Services: Eligibility Criteria

To avail of a home loan from L&T, you must adhere to the following L&T home loan eligibility criteria:

Residence  You must be an Indian resident
Age Applicant’s age must be at least 23 years while availing of a home loan and at max, up to 62 years on home loan maturity.
Eligible Profiles
  • Salaried professionals
  • Self-employed professionals 
  • Non-professionals
Work Experience
  • For Salaried Individual: 3 years
  • Business stability is a must for Self-employed individuals together with 3 years of experience. 
Other Conditions
  • Good Credit Score 
  • Clear repayment history and record
  • Other income sources such as rent and co-applicant’s income 

L&T Home Loan Fees and charges

Specifics Applicable Charges
Charges Applicable on Bounced Check  INR 1000
Penal Charges 3 Percent per annum on an overdue EMI
Foreclosure/ Prepayment Charges Not Applicable on floating rates
Conversion Charges Applicable on the Type of Interest Rate 0.5 percent of the balance loan amount in addition to GST/ INR 10,000 whichever is higher
Loan Cancellation Charges INR 5000 in addition to GST
List of Documents INR 300
Photocopies of Submitted Documents INR 500

Types of Home Loans Offered by L&T

L&T Home Loan

Benefits These loans can be used for a variety of things, including buying or building a new home, as well as renovating or extending an existing home.
Rate of Interest (for salaried employees) 8.65% onwards
Rate of Interest (for self-employed) 8.75% onwards
Loan Amount INR 3 lakh to INR 10 crore
Repayment Tenure Max up to 30 years

L&T Top Up Loan

Benefits Loans for the purpose of construction of a residential house on the borrower's land.
Rate of Interest (for salaried employees) At a distinct rate contrary to the one levied on  home loan
Loan Amount As per credit evaluation
Repayment Tenure 1 to 3 years

L&T Balance Transfer

Benefits Homebuyers can use this financing product to transfer current debts from other financial institutions to save money on interest. Borrowers can avail of a Top-Up Loan or a separate loan to cover other expenses.
Rate of Interest (for salaried employees) 8.65 Percent per annum onwards
Loan Amount At Max up to INR 50 lakh
Repayment Tenure Similar to the outstanding home loan tenure

Documents Required for L&T Home Loan

Following are the common documents required for an L&T home loan:

Identity Proof Driving License/ PAN Card/ Aadhaar Card/ Passport /Voter ID
Address Proof Utility Bills such as telephone, gas and electricity bills/ rental agreement
Income Proof Salary slip of last three months
Recently filed ITR (Income Tax Returns)
Form 16 or bank statement of last six months
Property Documents Receipt of property tax
Business address proof

How Does the EMI Calculation Work for L&T Home Loan?

The online home loan EMI calculator from L&T financial services makes it simple to figure out your monthly payments. Enter the loan amount, interest rate, and loan tenure to calculate your EMI. Within seconds, the results will be displayed on your screen.

Balance Transfer of L&T Home Loan

Purchasing a home seems appealing at first. Later, the interest on your loan can become a hardship for you. To eliminate this issue, home purchasers can now transfer their existing loan from a bank or financial institution to L&T Housing Finance's Balance Transfer service to save their exorbitant money spent on interest rates. Furthermore, one can also take a top-up loan or another loan to help meet other obligations.

L&T Home Loan Customer Care Number

Housing Finance Customer Care Number: +919158004777

Corporate Office Address: Brindavan, Plot No 177, Vidyanagari Marg, CST Road, Kalina Santacruz (E), Mumbai 400 098


From refinancing to reducing your interest, we have the answers right here.

Does L&T provide home loans at the best rate of interest?

Yes, L&T provides home loans at the best interest rate starting from 6.75 percent.

What is the home loan interest rate provided by L&T?

For salaried employees, a home loan is available for an interest rate of 6.75% onwards, whereas, for self-employed, the starting interest rate is 7%.

Does L&T check for a CIBIL score for a home loan?

Yes, L&T takes the CIBIL score into consideration for determining the best possible home loan interest rate for the applicant.

What is the maximum home loan amount I can get from L&T financial services?

You can obtain a home loan for a maximum of INR 10 crores. Based on the CIBIL score, repayment history, financial stability, and other considerations, L&T offers the lowest home loan interest rate of 6.75 percent.

Can I take two home loans at a time?

Yes, you can have two house loans at the same time because there is no law prohibiting you from availing more than one loan at a time.

When does the loan repayment period start?

When your loan money is disbursed into your loan account, your home loan payback period begins the following month.

Does L&T have a fixed rate of interest on a home loan?

L&T offers home loans at a floating rate of interest.

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