Loan Amount

Interest Rate

Loan Tenure

Monthly EMI

Rs. 25 lakhs


15 years



  • The interest rate for L&T Home Loans starts at 6.75% per annum. 
  • For a Rs.25 lakh loan, with a tenure of 15 years, at an interest rate of 6.75%, your monthly EMI shall be Rs. 22,192. 
  • You can choose between floating and fixed interest rates, based on your preferences.
  • Low, market-competitive interest rates.
  • Processing fees are low, starting at 0.25 % of the loan amount.
  • There is less documentation to fill out, and the loan application process is less time-consuming.
  • There are no hidden fees or related expenses.
  • An application process that is both open and transparent.
  • Repayment choices that can be customized.

L&T Home Loan Eligibility Criteria

  • The applicant must be an Indian citizen.
  • They can be either salaried or self-employed professionals and non-professionals.
  • Age should be between 23 years and up to 62 years on loan maturity.
  • The final loan amount is determined by the applicant's income and repayment capacity, age, assets and obligations, and the cost of the planned home/flat, among other factors.
  • Applicants can boost their eligibility by adding a second source of income or a co-applicant with a steady source of income (rent, co-income, applicant's or another regular source of income).

L&T home loans are affordable and easily accessible to a large section of borrowers looking to own their dream home.