7.8% – 9.5% p.a.Loan Interest Rate
Up to 90%Loan Amount of Property value
10,000+GST (incld. login ...Processing Fees
NILPrepayment / Foreclosure Charges
L&T Housing Finance Home Loan
L&T Housing Finance offers home loans starting from 8.10% per annum for purchasing, constructing, or renovating residential properties. The NBFC provides financing up to ₹10 crores with flexible repayment tenure extending up to 30 years. Borrowers can choose between fixed and floating interest rates with processing completed within 6-10 working days.
L&T Housing Finance Home Loan Key Highlights
|
Feature |
Details |
|
Interest Rate |
8.10% - 10.75% p.a. |
|
Loan Amount |
₹3 lakhs to ₹10 crores |
|
Processing Fee |
0.25% - 3% of loan amount + GST |
|
Loan Tenure |
Up to 30 years |
|
LTV Ratio |
Up to 90% of property value |
|
Prepayment Charges |
Nil (for floating rate loans) |
|
Processing Time |
6-10 working days |
|
Special Rate |
9.90% p.a. for women borrowers |
L&T Housing Finance Home Loan Interest Rates 2025
L&T Housing Finance home loan interest rates range from 8.10% to 10.75% per annum based on borrower category, loan amount, and chosen interest rate type.
|
Borrower Category |
Interest Rate |
|
Salaried Individuals |
8.40% - 10.75% p.a. |
|
Self-Employed Professionals |
8.75% - 10.75% p.a. |
|
Self-Employed Non-Professionals |
8.75% - 10.75% p.a. |
|
Women Borrowers |
9.90% p.a. (special rate) |
|
NRI Borrowers |
As per eligibility |
L&T Housing Finance Home Loan Schemes
Home Purchase Loan
|
Feature |
Details |
|
Purpose |
Purchase ready flat or under-construction property |
|
Interest Rate |
Starting from 8.40% p.a. |
|
Minimum Loan Amount |
₹20 lakhs |
|
Maximum Loan Amount |
₹10 crores |
|
Tenure |
Up to 30 years |
Home Construction Loan
|
Feature |
Details |
|
Purpose |
Construction of new home on owned plot |
|
Interest Rate |
Starting from 8.40% p.a. |
|
Minimum Loan Amount |
₹20 lakhs |
|
Disbursement |
Tranche-based as per construction progress |
Composite Loan
|
Feature |
Details |
|
Purpose |
Plot purchase plus construction |
|
Interest Rate |
Starting from 8.40% p.a. |
|
Minimum Loan Amount |
₹20 lakhs |
|
Condition |
Construction within specified timeframe |
Home Improvement/Extension Loan
|
Feature |
Details |
|
Purpose |
Renovation, repairs, or extension |
|
Interest Rate |
Starting from 8.40% p.a. |
|
Minimum Loan Amount |
₹5 lakhs |
|
Maximum Loan Amount |
₹25 lakhs |
|
Use |
Carpentry, painting, adding rooms/floors |
Balance Transfer Loan
|
Feature |
Details |
|
Purpose |
Transfer existing home loan from other lenders |
|
Interest Rate |
Competitive rates |
|
Maximum Loan Amount |
₹7.5 crores |
|
Benefit |
Lower EMI and interest cost |
Top-Up Loan
|
Feature |
Details |
|
Purpose |
Additional funds for existing borrowers |
|
Interest Rate |
Attractive rates |
|
Use |
Consumer durables, education, medical, business |
|
Eligibility |
Good repayment track record |
L&T Housing Finance Home Loan Eligibility Criteria
For Salaried Individuals
|
Parameter |
Requirement |
|
Age |
23 years to 62 years (at loan maturity) |
|
Nationality |
Indian resident |
|
Employment |
Stable job with reputed company |
|
Income |
Regular monthly income |
|
Work Experience |
Continuous employment history |
For Self-Employed Professionals
|
Parameter |
Requirement |
|
Age |
25 years to 70 years (at loan maturity) |
|
Profession |
Doctors, CAs, Engineers, Architects |
|
Business Vintage |
Established professional practice |
|
Income |
Stable professional income |
|
ITR |
Regular tax filing |
For Self-Employed Non-Professionals
|
Parameter |
Requirement |
|
Age |
25 years to 70 years (at loan maturity) |
|
Business Type |
Sole proprietor, partner, director |
|
Business Vintage |
Minimum business stability |
|
Income |
Regular business income |
|
Financial Records |
Audited statements |
Documents Required for L&T Housing Finance Home Loan
Identity and Address Proof
|
Document Type |
Acceptable Documents |
|
Identity Proof |
PAN Card, Aadhaar Card, Passport, Driving License, Voter ID |
|
Address Proof |
Aadhaar Card, Utility Bill, Rent Agreement, Passport, Driving License |
|
Age Proof |
PAN Card, Passport, Birth Certificate, School Leaving Certificate |
Income Documents for Salaried
|
Document |
Details |
|
Salary Slips |
Last 3 months |
|
Form 16 |
Latest financial year |
|
Bank Statements |
Last 6 months |
|
Employment Letter |
Current employer |
Income Documents for Self-Employed
|
Document |
Details |
|
ITR |
Last 3 years |
|
Audited Financials |
Profit & Loss, Balance Sheet (3 years) |
|
Business Proof |
Registration certificate, license |
|
Bank Statements |
Last 6-12 months |
Property Documents
● Sale deed or allotment letter
● Approved building plan
● Property tax receipts
● Encumbrance certificate (last 13 years)
● NOC from builder/society
● Chain documents
● Possession certificate
L&T Housing Finance Home Loan EMI Calculator
EMI estimates for different loan amounts and tenures:
|
Loan Amount |
Tenure |
Interest Rate |
Monthly EMI |
|
₹25,00,000 |
20 years |
8.40% p.a. |
₹21,228 |
|
₹25,00,000 |
25 years |
8.40% p.a. |
₹19,647 |
|
₹25,00,000 |
30 years |
8.40% p.a. |
₹18,841 |
|
₹50,00,000 |
20 years |
8.40% p.a. |
₹42,456 |
|
₹50,00,000 |
25 years |
8.40% p.a. |
₹39,294 |
|
₹50,00,000 |
30 years |
8.40% p.a. |
₹37,682 |
|
₹80,00,000 |
20 years |
9.90% p.a. |
₹75,680 |
|
₹80,00,000 |
25 years |
9.90% p.a. |
₹71,680 |
|
₹80,00,000 |
30 years |
9.90% p.a. |
₹69,920 |
L&T Housing Finance Home Loan Processing Fee and Charges
|
Charge Type |
Amount |
|
Processing Fee |
0.25% - 3% of loan amount + GST |
|
Login Fee |
₹4,999 (non-refundable) |
|
Prepayment Charges (Floating) |
Nil |
|
Prepayment Charges (Fixed <1 year) |
3% on partial/prepayment amount |
|
Prepayment Charges (Fixed >1 year) |
As per agreement |
|
Loan Recall Notice |
₹500 |
|
Demand Notice |
₹1,000 |
|
Possession Notice |
₹2,000 |
|
Cheque Bounce Charges |
As applicable |
|
Legal Charges |
As per actuals |
How to Apply for L&T Housing Finance Home Loan
Online Application
- Visit L&T Finance website (www.ltfs.com)
- Navigate to Housing Finance section
- Select Home Loan product
- Click on 'Apply Now'
- Fill application form with personal details
- Upload required documents
- Submit application
- Track application status online
Offline Application
- Visit nearest L&T Housing Finance branch
- Collect application form
- Fill form with accurate information
- Attach all required documents
- Submit to branch representative
- Receive acknowledgment receipt
- Follow up for verification
Application Processing Steps
|
Stage |
Timeline |
|
Application Submission |
Same day |
|
Document Verification |
2-3 days |
|
Property Valuation |
Ambak Benefits
L&T Home Loan EMI Calculator
L&T Home Loans Reviews
Home Loan Reviews
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