Faqs - L&T Finance

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What is the EMI for a ₹ 60 Lakh loan for 15 years?

It is around ₹ 59,613 at an 8.70% annual interest rate.

Is it possible to apply for a ₹ 60 Lakh Home Loan with a co-applicant?

Yes, co-applicants are allowed and can improve eligibility.

What will the EMI be for a ₹ 60 Lakh Home Loan for 25 years?

It will be approximately ₹ 48,922 per month at 8.70% interest rate per annum.

What will the EMI be for a ₹ 60 Lakh Home Loan for 20 years?

It would be ₹ 52,640 per month at an 8.70% interest rate per annum.

Can I get a ₹ 60 Lakh Home Loan with a low credit score?

It’s difficult, but possible with a co-applicant.

What are the interest rates for a ₹ 60 Lakh Home Loan?

The interest rate for a ₹ 60 Lakh Home Loan with L&T Finance starts from 8.70% p.a.

What is the ideal loan tenure for a ₹ 60 Lakh Home Loan to manage EMI?

20 years is generally balanced tenure with affordable EMI and manageable interest.

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