Faqs - L&T Finance

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What are the eligibility criteria for a Home Loan in Bangalore?

To be eligible for a Home Loan in Bangalore, the age limit is 23 to 70 years for salaried individuals, and 25 to 70 years for self-employed individuals.

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

L&T Finance requires you to make a down payment of up to 10%-20% of the property value.

What are the tax benefits of a Home Loan in Bangalore?

You can claim tax benefits under Section 80C for principal repayment and Section 24(b) for interest payment.

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

The maximum tenure for a housing loan is 30 years. Longer tenures reduce EMI amounts but increase the total interest paid.

Can I get a pre-approved Home Loan in Bangalore?

Yes, you can get a pre-approved Home Loan with L&T Finance.

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