loader

“Important Information on the L&T Finance Holdings Limited Merger"Click Here

“Important Information on the L&T Finance Holdings Limited Merger"Click Here

“Important Information on the L&T Finance Holdings Limited Merger"Click Here

“Important Information on the L&T Finance Holdings Limited Merger"Click Here

Loan Tenure

Loan Tenure

Maximum loan tenure of upto 15 years

max loan amount

Maximum Loan Amount

You can avail a loan ranging from 25 lacs to 7.5 cr

interest rate options

Quick & Efficient Processing

Get funds within 72 hours

lowest down payment

Flexible Repayment Options

Tranche based EMI and Part Prepayment Scheme

lowest down payment

Attractive interest rates

Loan Against Property starting at 9.60%* rate of interest

Eligibility

  • Salaried Individuals:
    • Resident of India
    • Age: 23 to 62 years of age
    • Salaried employee of any public, private or multi-national organisation
  • Self-employed individuals:
    • Resident of India
    • Age: 25 to 70 years of age
    • Self-employed individual with a steady income from business

Calculate EMI

Loan Requirement ()

2 Lacs
20 Cr

Interest rate (%)

%
9.55 %
15 %

Loan Tenure (In Months)

Months
30 Months
360 Months

Your EMI:

15,730 /-

  • Principal Amount:

  • Interest Amount:

  • Salaried Individuals
  • Professionals
    Self-Employed Professionals (SEP)
  • Businessman
    Self-Employed Non Professionals (SENP)
  • Latest salary slips
  • Bank account statements of the past 3 months
  • PAN card/Form 60 of all applicants
  • ID proof
  • Address proof
  • Document of the property to be mortgaged
  • IT returns
  • Title documents
  • Primary Bank account statements of the previous 6 months
  • PAN card/Form 60 of all applicants
  • ID proof
  • Address proof
  • Income documents like ITR/financial statements
  • Document of the property to be mortgaged
  • Title documents
  • PAN Card
  • Aadhar Card
  • Income documents like ITR/financial statements
  • Document of the property to be mortgaged
  • Title documents
  • Passport
  • Election ID Card
  • Utility Bill
  • Driving License
  • Registered Rent Agreement
  • Aadhar Card
  • PAN Card
  • Aadhar Card
  • Latest 2 years ITRs with computation for the individual applicants and co applicants (When borrower is an individual)
  • Bank Account Statement (Current and Savings Accounts) required for last 1-year
  • Latest 2 years audited / C.A. certified profit & loss accounts and balance sheets of the firm / company (When borrower is a firm / company)
Charge Type - Loan Against PropertyDetails
Processing FeeUpto 3% on Sanctioned Amount + applicable taxes
Repayment bounce chargesRs.1,000/- + applicable taxes
Late payment interest3% per month on overdue EMI
Annual Maintenance chargesNA
Duplicate NOC charges (Charge is applicable for paper copy post 3 free copies per customer)Rs 250/- + applicable taxes
Repayment swap charges ( per swap)Rs 500/- + applicable taxes
Additional documents charges -SOA/RPS/FC letter /Interest CertificateNil
Valuation ChargesAs per actuals
Documentation ChargeAs per actuals
Cash pickup chargeNil
Interest Rate Conversion ChargeRs. 1,000 + GST
List of documentsRs. 300/- +applicable taxes
Providing Photo copies of the documentsRs. 500/- +applicable taxes
Charges incurred by LTFL for initiating action under Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002· Issue of Loan Recall Notice = Rs. 500/ –
· Issue of Demand Notice = Rs. 1,000/ –
· Issue of Possession Notice = Rs. 2,000/ –
· Applying District Magistrate Order = Rs. 8,000/ –
· Taking Physical possession = Rs. 20,000/ –
Actual cost incurred will be debited for expenses pertaining to Publication of Possession Notice / Publication Demand Notice / Publication of Sale cum Auction Notice.
Legal / Recovery Charges (Other than pertaining to SARFAESI)As per actuals
Loan Cancellation ChargesRs. 5000/- + applicable taxes
Recovery of proportionate actual expenses from disbursement date(s), from individual borrower(s) inLAP – Upto 1% of total disbursed loan amount + applicable taxes in case of closure within 24 months
Foreclosure / Full prepayment Charges – Loan Against Property For Individual Borrowers –
• Floating Rate – Nil Charges where end use is not for business/commercial purpose
• Floating Rate – for cases where end use is for business/commercial purpose
• Less than 1 year from disbursement – upto 3% on principal outstanding + applicable taxes
• Post 1 year of disbursement – upto 2% on principal outstanding + applicable taxes
• Fixed Rate –
• Less than 1 year from disbursement – upto 4% principal outstanding + applicable taxes
• Post 1 year of disbursement – upto 3% on principal outstanding + applicable taxes

For Non – Individual Borrowers – (Applicant/Co – applicant)
• Fixed/Floating rate loan –
• Less than 1 year from disbursement – upto 4% principal outstanding + applicable taxes
• Post 1 year of disbursement – upto 3% on principal outstanding + applicable taxes
Pre-payment Charges – Loan Against Property For Individual Borrowers –
• Floating Rate – Nil Charges where end use is not for business/commercial purpose
• Floating Rate – for cases where end use is for business/commercial purpose
• Less than 1 year from disbursement – upto 3% on Partial / Pre – payment amount + applicable taxes
• Post 1 year of disbursement – upto 2% on Partial / Pre – payment amount + applicable taxes
• Fixed Rate –
• Less than 1 year from disbursement – upto 4% on Partial / Pre – payment amount + applicable taxes
• Post 1 year of disbursement – upto 3% on Partial / Pre – payment amount + applicable taxes

For Non – Individual Borrowers – (Applicant/Co – applicant)
• Fixed/Floating rate loan –
• Less than 1 year from disbursement – upto 4% on Partial / Pre – payment amount + applicable taxes
• Post 1 year of disbursement – upto 3% on Partial / Pre – payment amount + applicable taxes
Charge Type - LAP - Dropline Overdraft and Hybrid Overdraft FacilityDetails
Additional Interest2 % p.m. on overdue amounts
Payment Mandate Dishonour Charges Rs.500/-
Foreclosure / Full Pre-payment charges 5 % on outstanding Loan on the date of such full pre-payment
Part Pre-payment charges Dropline / Hybrid Overdraft:
• Not allowed till the day after the First Due Date. No charges applicable from the day after the First Due Date.
• Part pre-payment of Loan toward limit reduction is not available
Annual Maintenance Charges (applicable only for Dropline Overdraft and Hybrid Overdraft) 0.25% (+GST) of the Loan Amount as per the Repayment Schedule
Legal / Recovery Charges Actual
Statement of account/ Repayment Schedule/ no dues certificate/ interest certificate Physical copy at a charge of Rs.500/- +GST per statement/letter/certificate. Digital is NIL
Mandate Swap Charges Rs.500/- + GST
Breakup between Principal & Interest As per Repayment Schedule
Example of SMA/ NPA classification More particularly mentioned under “Classification of Assets” under the head “Miscellaneous”

Get your ambitions financed today!

APPLY NOW

Apply With Ease

  • Salaried

  • Self Employed

  • Get OTP Verification

  • Enter KYC Details

  • Share Income Documents

  • Share Company Documents

  • Get Loan Eligibility

  • Get OTP Verification

  • Enter KYC Details

  • Share Income Documents

  • Share Company Documents

  • Get Loan Eligibility

Do More With a

Loan Against Residential Property

  • Lower Interest Rate
  • Purchase Residential Properties
  • Top-Up Loan
LTFS-home-Loan
  • Buying a home can be quite tempting initially. And later on, the interest on your loan could be a burden for you. Now with Balance Transfer to L&T Finance Housing Finance, home buyers can transfer your existing loan from any other financial institution to help you save on interest expenses.
LTFS-home-Loan
  • While you can take a home loan for many other types of properties, a balance transfer is applicable only on residential properties. If you wish to reduce your interest expenses on your existing loan from any other financial institution, you can opt for Balance Transfer with L&T Finance.
LTFS-home-Loan
  • Need a little more to offset your home loan expenses? Balance Transfer allows you to get a Top-Up Loan that can both, allow you to pay a lower interest as well as take care of additional expenses.
LTFS-home-Loan
  • Got your sights set on an attractive piece of land? Now you can use our home loan facility to buy an everlasting asset.
  • Starting at an interest rate of 7.95%, a home loan could help immensely with construction and expansion of a home.

Empowering Your Goals.

Housing Loan

Housing Loan

It was indeed great to be associated with L&T Finance, the sales team here is very supportive and committed. Services provided are beyond delight and it was a pleasure interacting with them. The process of my home loan application was very simple and easy and the overall process was smooth.

Atul Rege (Mumbai)
Housing Loan

Housing Loan

I feel immensely grateful for your active cooperation and your cooperation has been outstanding and commendable. Without your contribution, it would be difficult for me to get my loan pass in a short period. Thank you for your untiring efforts and diligent work. Hats off for your support and guidance.

Kunal Khanna (Delhi)

Our Achievements

Our Achivements
Our Achivements

Home Loan And LAP

Home Loan And LAP

  • Disbursements at ₹2,399 Cr in FY22
  • Home Loan Approval (login to sanction): 20 minutes against industry average of 2 days

Know More About Loans!

Blogs & Videos

An Essential Guide To Housing Loan

An Essential Guide To Housing Loan

An Essential Guide To Housing Loan

Dec 26, 2022
|
|

An Essential Guide To Housing Loan

Know More
How To Avail A Business Loan For Buying A Shop

How To Avail A Business Loan For Buying A Shop

How To Avail A Business Loan For Buying A Shop

Dec 26, 2022
|
|

How To Avail A Business Loan For Buying A Shop

Know More
What Is A Commercial Property Loan And What Do You Need To Know About It

What Is A Commercial Property Loan And What Do You Need To Know About It

What Is A Commercial Property Loan And What Do You Need To Know About It

Dec 26, 2022
|
|

What Is A Commercial Property Loan And What Do You Need To Know About It

Know More
Things You Need To Know Before Buying A Commercial Property On Loan

Things You Need To Know Before Buying A Commercial Property On Loan

Things You Need To Know Before Buying A Commercial Property On Loan

Dec 26, 2022
|
|

Things You Need To Know Before Buying A Commercial Property On Loan

Know More
Home Loan Calculator: Instant And Accurate Tool For Borrowers

Home Loan Calculator: Instant And Accurate Tool For Borrowers

Home Loan Calculator: Instant And Accurate Tool For Borrowers

Dec 26, 2022
|
|

Home Loan Calculator: Instant And Accurate Tool For Borrowers

Know More
Top Up Loan Calculator

Top Up Loan Calculator

Top Up Loan Calculator

Dec 26, 2022
|
|

Top Up Loan Calculator

Know More
Home Loan Top Up: Best Way To Meet The Need For Extra Funds

Home Loan Top Up: Best Way To Meet The Need For Extra Funds

Home Loan Top Up: Best Way To Meet The Need For Extra Funds

Dec 23, 2022
|
|

Home Loan Top Up: Best Way To Meet The Need For Extra Funds

Know More
Avail Easy Top Up On Home Loan Heres How

Avail Easy Top Up On Home Loan Heres How

Avail Easy Top Up On Home Loan Heres How

Dec 26, 2022
|
|

Avail Easy Top Up On Home Loan Heres How

Know More
5 Benefits Of Taking A Loan Against Your Commercial Property

5 Benefits Of Taking A Loan Against Your Commercial Property

5 Benefits Of Taking A Loan Against Your Commercial Property

Dec 22, 2022
|
|

5 Benefits Of Taking A Loan Against Your Commercial Property

Know More
Calculate Home Loan Interest Rate At The Click Of A Button

Calculate Home Loan Interest Rate At The Click Of A Button

Calculate Home Loan Interest Rate At The Click Of A Button

Dec 26, 2022
|
|

Calculate Home Loan Interest Rate At The Click Of A Button

Know More
Why You Must Choose a Home Loan Balance Transfer

Why You Must Choose a Home Loan Balance Transfer

Why You Must Choose a Home Loan Balance Transfer

Dec 23, 2022
|
|

Why You Must Choose a Home Loan Balance Transfer

Know More
Why You Need To Choose A Home Loan Transfer

Why You Need To Choose A Home Loan Transfer

Why You Need To Choose A Home Loan Transfer

Dec 23, 2022
|
|

Why You Need To Choose A Home Loan Transfer

Know More
A Comprehensive Guide To Avail A Home Loan

A Comprehensive Guide To Avail A Home Loan

A Comprehensive Guide To Avail A Home Loan

Dec 23, 2022
|
|

A Comprehensive Guide To Avail A Home Loan

Know More
Need Funds For Your Home? Get A Top Up Home Loan

Need Funds For Your Home? Get A Top Up Home Loan

Need Funds For Your Home? Get A Top Up Home Loan

Dec 23, 2022
|
|

Need Funds For Your Home? Get A Top Up Home Loan

Know More
All You Need to Know About Home Loan Transfer Charges

All You Need to Know About Home Loan Transfer Charges

All You Need to Know About Home Loan Transfer Charges

Dec 23, 2022
|
|

All You Need to Know About Home Loan Transfer Charges

Know More
Home Loan Transfer Process: How Does It Work

Home Loan Transfer Process: How Does It Work

Home Loan Transfer Process: How Does It Work

Dec 23, 2022
|
|

Home Loan Transfer Process: How Does It Work

Know More
Decoding Loan Against Property

Decoding Loan Against Property

Decoding Loan Against Property

Nov 22, 2022
|
|

Decoding Loan Against Property

Know More

Get The
PLANET App Today!

All your loan needs can be addressed under one roof with the L&T Finance Planet App. Download the Planet App now for maximum convenience.

Download the PLANET App Now!

apple badge google badge
Our companies Banner

Download the PLANET App Now!

apple badge google badge

Explore Other Product

consumer_loan

Personal Loans

Two wheeler

Two-Wheeler
Loan

farmer_loan

Farm Equipment Finance

sme_loan

SME Loan

micro_loan

Micro Loan

Frequently Asked Questions

Have more doubts about home loans? Get all your queries answered here.

women_thinkingfaq_mark_2

At Your Service.

Reach out to L&T Finance on any device, across multiple channels.

Mobile App

Download the PLANET App.

apple badgegoogle badge

If you prefer the PLANET web version.

CLICK HERE

If you prefer Self Help Option (SHO) Click here

Chat Bot

Have more queries?

Get them answered instantly.

form left banner

Want a callback? Enter your details.

By proceeding, I confirm that the information provided by me here is accurate. I authorize L&T Finance and/or its authorized representatives to contact me for any queries and/or my documents collection for the loan application. This will override registry on Do Not Disturb (DND)/National Do Not Call (NDNC)

GET A CALLBACK
Locate Us

Corporate Office

Brindavan Building, Plot No 177
Vidyanagari Marg, CST Road,
Kalina, Santacruz (E), Mumbai 400 098

To visit a branch of L&T Finance please Click here

WhatsApp

Connect With us on WhatsApp!

Send 'Hi' or 'Hello' to : +91 7378333451

download app bg

Download the PLANET App

apple badge google badge