Faqs - L&T Finance

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How much is the EMI on a ₹ 1 Crore Home Loan?

Depending on tenure and interest rate, EMI can range between ₹ 70,000 to ₹ 1,50,000.

What is the EMI for a ₹ 1 Crore loan for 5 years?

At 8.15% p.a., EMI is approx. ₹ 2,07,000/month.

Is it possible to apply for a ₹ 1 Crore Home Loan with a co-applicant?

Yes, adding a co-applicant increases eligibility and reduces risk for the lender.

What will the EMI be for a ₹ 1 Crore Home Loan for 25 years?

Approximately ₹ 84,000/month at a 8.15% interest rate.

What will the EMI be for a ₹ 1 Crore Home Loan for 20 years?

Around ₹ 90,000/month if the interest rate is 8.15% p.a.

Can I get a ₹ 1 Crore Home Loan with a low credit score?

A good credit score is preferred. Lower scores may affect eligibility or increase the interest rate.

What are the interest rates for a ₹ 1 Crore Home Loan?

The interest rates for Home Loan at L&T Finance starts from 8.65%* p.a.

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