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FAQ - L&T Finance

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It’s an online tool that calculates the maximum loan amount you can borrow against your property based on factors like income, property value and existing debts.

Eligibility is calculated based on income, property value, loan-to-value ratio, credit score and existing liabilities.

It uses income, property value and credit score parameters to provide instant eligibility results.

No, an EMI calculator estimates the monthly repayment amount, while an eligibility calculator for loan against property determines the maximum loan amount you are qualified to borrow.

Improve your credit score, clear existing short-term debts, increase income stability, or add a co-applicant with a stable income source.

Income, property value, credit score, liabilities, and loan-to-value ratio are key factors.

It provides indicative results based on the data you input, but final approval depends on technical valuation, legal vetting, and credit underwriting by the regulated NBFC.

Typically, up to 75% of your property's market value can be availed as a loan, depending on the nature of the property (Residential/Commercial/Industrial) and the lender's risk appetite.

Most calculators allow you to select tenures ranging from 5 to 15 years, depending on the lender’s credit policy.

Higher income increases repayment capacity, improving eligibility.

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