Faqs - L&T Finance

Topics

How much down payment is required for a Home Loan in Mumbai?

You need to pay 10% - 20% of the property value as down payment.

What documents are needed to apply for a Home Loan in Mumbai?

You'll need ID proof, address proof, income proof, property-related documents and bank statements.

Can I get a Home Loan in Mumbai for an under-construction property?

Yes, we provide loans for under-construction properties, provided the builder is RERA-registered.

What is the maximum tenure for a Home Loan in Mumbai?

At L&T Finance, we offer a loan tenure that goes up to 30 years.

How can I calculate the EMI for a Home Loan in Mumbai?

Use our online EMI calculator. Input the loan amount, interest rate, and tenure to get an accurate estimate.

Are there any tax benefits for a Home Loan in Mumbai?

Yes, under Sections 80C and 24(b) of the Income Tax Act, you can claim principal and interest repayment deductions.

Need Further Assistance?

Chat instantly with us or request a call.