Faqs - L&T Finance

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What is the interest rate for a ₹ 20 Lakh Home Loan?

The Home Loan interest rate for ₹ 20 Lakh starts at 8.65%* per annum.

What is the maximum tenure for a ₹ 20 Lakh Home Loan?

You can choose a tenure of up to 30 years.

How much down payment is required for a ₹ 20 Lakh Home Loan?

You must pay 10%-20% of the property value as a down payment.

Can I get a ₹ 20 Lakh Home Loan with a low credit score?

Yes, you can get a Home Loan with low credit score.

What are the processing fees for a ₹ 20 Lakh Home Loan?

The processing fee is up to 3% of sanctioned amount + applicable taxes (this is inclusive of Login Fee).

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