Faqs - L&T Finance

Topics

What is the eligibility criteria for applying for a Home Loan in Gurgaon?

Eligibility includes age between 23 and 70 Years for salaried, 25 to 70 Years for self-employed, Indian residency or NRI status.

What is the current interest rate for a Home Loan in Gurgaon?

L&T Finance offers Home Loan interest rates Gurgaon starting from 8.70%* p.a for Home Loans in Gurgaon.

What documents are required for a Home Loan in Gurgaon?

Applicants need age proof, address proof, photo ID, income proof, bank statements and property documents such as title deed and approved plans.

How long does it take to process a Home Loan in Gurgaon?

With our digitised process and real-time application tracking, you can receive loan sanction within minutes* of submitting complete documents.

Is there a prepayment or foreclosure charge on the Home Loan?

For Floating Rate Home Loans, there is no prepayment charge For Fixed Rate Home Loans, foreclosure charges of up to 3% on principal outstanding + applicable taxes apply for foreclosure at less than a 1 year of disbursement and charges of up to 2% on principal outstanding + applicable taxes apply at a foreclosure after 1 year of loan disbursement.

What is the minimum CIBIL score required to get a Home Loan in Gurgaon?

A good CIBIL score is preferred to access the most competitive Home Loan interest rate and higher sanction amounts.

What is the maximum tenure available for a Home Loan in Gurgaon?

You can choose a repayment tenure from a minimum of 3 years up to a maximum of 30 years based on your financial plan.

Need Further Assistance?

Chat instantly with us or request a call.

faq chat

Chat with us

24x7
faq call

Talk to us

9.00 AM - 6.00 PM