What is the ROI for Home Loan and How to Calculate it?
Jun 26, 2025 | 4 mins read
Owning a home in Bangalore is a dream for many, considering the city’s thriving IT hub, modern infrastructure, and cosmopolitan culture. If you’re planning to buy or construct a home, Home Loans in Bangalore offer flexible financing options tailored to meet your needs. With competitive interest rates, flexible repayment tenures and simplified documentation processes, getting a Home Loan has become easier than ever.
L&T Finance prioritises quick disbursement of Home Loans in Bangalore. Our streamlined process ensures swift approvals and disbursals, minimising wait times. With simplified documentation and efficient verification, we aim to make your home buying journey hassle-free. Our customer-centric approach focuses on quick processing, speedy approval and disbursement.
1. Loan Amount Range:
Avail a Home Loan of up to ₹ 10 Crore.
2. Competitive Interest Rates:
Our Home Loan interest rates start as low as 8.65%.
3. Flexible Tenures:
Repayment periods range from 3 years to 30 years.
4. Minimal Documentation:
Only basic documents required for loan processing.
5. Tax Benefits:
Save on taxes under Section 80C and Section 24(b) of the Income Tax Act.
6. Fast Approvals and Disbursements:
Quick approval and disbursal of loan amount.
List of all fees and charges for Home Loan
| Type | Interest Rate and Charges |
|---|---|
| Processing Fees / Documentation Charges: | Up to 3% of sanctioned amount + applicable taxes (this is inclusive of Login Fee) |
| Login Fees: | Up to ₹ 5000 (inclusive of applicable taxes)(non refundable) |
| EMI Dishonour/ Bounce Charges: | As shown in the table below |
| *A bounce charge is a charge for (i) dishonour of any repayment instrument; or (ii) non-payment of instalment(s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate | |
| Loan sanction amount (in INR) | Charges in (in INR) |
| < ₹ 5 Lakh | ₹ 500 |
| ₹ 5 Lakh - ₹ 30 Lakh | ₹ 1000 |
| > ₹ 50 Lakh – ₹ 2 Crore | ₹ 1500 |
| > ₹ 2 Crore | ₹ 2000 |
| Penal Charge/Late Payment Charges (LPC): | 2% per month on overdue EMI + applicable taxes |
| *LPC revised from 3% to 2% per month on overdue EMI w.e.f. 4th Dec 2023 | |
| *Taxes applicable on LPC w.e.f. 1st Apr 2024 | |
| Annual Maintenance Charges: | NA |
| Duplicate NOC Charges: | First 3 paper copies - free of cost |
| ₹ 250/- + applicable taxes | |
| Repayment Swap Charges (per swap): | ₹ 500/- + applicable taxes (applicable only for branch walk-ins) |
| Charges for documents: | Nil for Statement of Account/Repayment Schedule /Foreclosure Letter & Welcome Kit |
| Valuation Charges: | As per actuals |
| Documentation Charges: | As per actuals |
| Cash Pickup Charges: | NIL |
| Interest Rate Conversion Charges: | Up to 0.5% on Balance Loan Amt + applicable taxes (or) Minimum ₹ 10,000/– whichever is higher |
| List of documents: | ₹ 300/ – +applicable taxes |
| Providing Photo copies: | ₹ 500/ – +applicable taxes of the documents (property & others) |
| Charges incurred by LTF for initiating action under Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002: | Issue of Loan Recall Notice = ₹ 500/ – |
| Issue of Demand Notice = ₹ 1,000/ – | |
| Issue of Possession Notice = ₹ 2,000/ – | |
| Applying District Magistrate Order = ₹ 8,000/ – | |
| Taking Physical possession = ₹ 20,000/ – | |
| Actual cost incurred will be debited for expenses pertaining to Publication of Possession Notice/ Publication Demand Notice/Publication of Sale cum Auction Notice | |
| Legal / Recovery Charges (Other than pertaining to SARFAESI): | As per actuals |
| Loan Cancellation Charges: | ₹ 5000/ – + applicable taxes |
| Foreclosure / Full Prepayment Charges: | For Individual / Non-Individual Borrowers – |
| Floating Rate – Nil Charge | |
| Fixed Interest Rate – | |
| i. Less than 1 year from disbursement – up to 3% on principal outstanding + applicable taxes | |
| ii.Post 1 year of disbursement – up to 2% on principal outstanding + applicable taxes | |
| Foreclosure / Full Prepayment Charges – Home Loan: | Fixed Interest Rate – |
| i. Less than 1 year from disbursement – up to 3% on principal outstanding + applicable taxes | |
| ii. Post 1 year of disbursement – up to 2% on principal | |
| outstanding + applicable taxes | |
| Pre-payment Charges – Home Loan: | For Individual / Non-Individual Borrowers – |
| Floating Rate – Nil Charge | |
| Fixed Interest Rate – | |
| i. Less than 1 year from disbursement – up to 3% on Partial Prepayment amount + applicable taxes | |
| ii. Post 1 year of disbursement – up to 2% on Partial / Prepayment amount + applicable taxes | |
| Switch Charges: | Up to 1% on principal outstanding loan amount + applicable taxes (or) minimum Rs.10,000/– whichever is higher |
| Non-Compliance Charges: | Up to 1% p.a. of principal outstanding loan amount + applicable taxes |
*Terms & Conditions Apply. All actual charges will be as per Key Fact Statement (KFS) shared by the company.
| Type | Criteria |
|---|---|
| Residency | Indian resident or NRI |
| Age | Salaried: 23 years to 70 years Self-employed: 25 years to 70 years |
| Profession | Salaried / self-employed professionals and non-professionals |
| Other | Can be increased by adding co-applicant income or other verifiable income sources |
| Document Type | Required Document & Checks |
|---|---|
| Age Proof | Aadhaar Card | PAN Card | Passport |
| Address Proof | Aadhar Card | Passport | Voter ID | Utility Bill | Driving License |
| Photo ID Proof | Aadhaar Card | PAN Card | Passport | Voter ID |
| Income Proof | Income proofs vary for different professionals across salaried and self employed. |
Please find the easy detailed list of required documents here
| Type | Document |
|---|---|
| Salaried | i. Salary slips for the last 3 months ii. Bank statements for 1 year iii. Latest Form 16 |
| Self Employed | i. Latest two ITRs (personal and business) with computation of income ii. Advance tax challans (if available) iii. Latest two years of P&L accounts and balance sheets (with schedules), certified by a CA (both personal and business) iv. Bank account statements (current and savings accounts) for the last 1 year v. Qualification Proof of professionals |
| Self Employed: Non-Professionals | i. Latest 2 years ITRs with computation for individual applicants and co-applicants (if borrower is an individual) ii. Bank account statements (current and savings accounts) for the last 1 year iii. Latest 2 years of audited/CA-certified profit & loss accounts and balance sheets of the firm/company (if borrower is a firm/company) iv. Proof of Business (GST / Shop Establishment/Udayam Aadhar, etc.) v. MOA & AOA & Certificate of Incorporation vi. For Partnership Firm-Partnership Deed |
Other documents to be provided as required for disbursement of Loan
Apply for Home Loan with these steps
1. Submit Personal and Income Details
Get your eligibility assessed in just 5 minutes* with your personal and income details
2. Provide Property details
Submit your property details in order to get the digitised sanction on your Home Loan without any delay
3. Get your final offer
Receive your sanction letter which includes the interest rate, tenure and your loan amount details
4. Finish Your eKYC Process
Complete your electronic Know Your Customer (eKYC) verification by providing necessary documents
5. Authorise Your Mandate and Get Your Loan Approved
Complete the eMandate process to secure official approval for your loan and proceed with disbursement
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