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Yes, prepayment or foreclosure charges usually apply at 5% of the principal outstanding plus applicable taxes.

The EMI for a ₹ 50 Lakh Home Loan for 20 years is around ₹ 43,867 at 7% p.a.

L&T Finance does not have any hidden charges. We ensure complete transparency and provide a detailed Key Fact Statement (KFS) to the customer outlining all fees and charges before sanctioning the loan, in accordance with RBI guidelines.

You can repay your two-wheeler loan with a range of options. This includes eNach (Net Banking, Debit Card, Aadhaar, UPI), physical mandate through direct bank transfers, online payment through L&T Finance website. You can also repay through cheque & cash by visiting your nearest L&T Finance branch.

To secure the lowest Personal Loan interest rate in India, maintain a high credit score, compare lender offers, and choose shorter loan tenures.

A Gold Loan is a secured loan where eligible gold jewellery or ornaments are pledged as collateral to obtain funds. The loan amount depends on the assessed value of the eligible gold and applicable lending terms.

The PAN card is essential, but you will also require mandatory income proof and address proof (Aadhaar Card) as per RBI KYC norms.

Around ₹ 30,707 per month for 20 years at 8.70% interest.

Any borrower who meets the eligibility criteria set by the new lender can opt for the balance transfer facility. This includes meeting the age, residency, and income criteria specified in the Eligibility section above.

A high credit score typically leads to lower interest rates as it indicates low credit risk, while a low score may increase rates due to higher perceived risk by lenders.

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